"Stack's Bowers Galleries, a specialized coin auction site, said it sold 232 three-coin sets featuring some of the final pennies ever struck for a grand total of $16.76 million. These coins aren't like the ones stuck between your couch cushions or floating around in a junk drawer. One coin was struck at the Philadelphia Mint, one was struck at the Denver Mint, and the final coin was a special 24-karat gold penny."
"Each of the final pennies also bears a small "Ω," the Greek letter of Omega, further signifying the end of an era that stretches back to the establishment of the US Mint in 1792. According to the auction site, the roughly $17 million is a record for special coins sold on behalf of the United States Mint. "They captured the public imagination like few rare coins we've ever handled," Stack's Bowers Galleries President Brian Kendrella said in a statement."
Stack's Bowers Galleries sold 232 three-coin sets containing the final pennies ever struck for $16.76 million on behalf of the United States Mint, a record for special-coin sales. Each set included a Philadelphia-struck penny, a Denver-struck penny, and a 24-karat gold penny. Every final penny bears a small "Ω" marking the end of an era dating to the Mint's 1792 establishment. The discontinuation followed President Donald Trump's February instruction to Treasury Secretary Scott Bessent to halt penny production after the US Mint reported a roughly $85 million loss on penny production in FY2024. Questions remained about unilateral authority to eliminate the penny.
Read at Business Insider
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