The manufacturing of the penny has completely stopped, and now retailers must round transactions up or down to compensate.
The last day of penny manufacturing was November 12th, 2025. The decision to stop making pennies was made because it cost nearly four cents to make a one cent penny. It's expected that the halting of production will save about $56 million a year.
Pennies can still be used to make transactions, but businesses may have to round up or down to the nearest nickel to accommodate the lack of new pennies in circulation.
New legislation could mandate this. House bill 1112 would round cash transactions to the nearest nickel.
Senator Chuck Hufstetler says, “If your total comes out to one or two, you round down to zero. If it's three or four, you round up to five. If it six or seven, you round down to five, and if it's eight or nine, you are round up to 10.”
