Final Penny Sets Fetch Millions at Auction

Business News

Final Penny Sets Fetch Millions at Auction
PenniesAuctionUnited States Mint
  • 📰 ABC7
  • ⏱ Reading Time:
  • 68 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 48%
  • Publisher: 68%

The final sets of pennies, featuring a 2025 penny from the Philadelphia Mint, a 24-karat gold penny, and a 2025-D penny from the Denver Mint, sold for over $16.76 million at auction. The sets, marked with the omega symbol and representing the final run of the coin, each sold for an average of over $72,000, with the final set reaching $800,000. This auction highlights the end of penny production in the U.S. due to cost concerns.

Pennies from the final minted set of the coin sold for over $16.76 million at auction Thursday, according to Stack's Bowers Galleries in California. The auction house sold 232 sets of three coins each featuring a 2025 penny from the Philadelphia Mint, a 24-karat gold penny from the Philadelphia Mint and a 2025-D penny from the Denver Mint, United States Mint Each of the coins was embossed with the omega symbol "" marking the final run of the coin first minted in 1793, ostensibly why 232 lots were sold, per Stack's Bowers Galleries.

Each trio of coins sold for an average lot value of over $72,000, and the final set, No. 232, sold for $800,000, as it included the very last circulating pennies from Philadelphia and Denver and the final gold omega penny."It's an extraordinary honor to again be selected to partner with the United States Mint to offer exciting numismatic rarities to the collecting public," he said.that she was excited to put the coins up for bid. "The penny has withstood 232 years of our Nation's history, and we are proud to offer the chance for the public to celebrate this moment into perpetuity by purchasing one of these special sets. It's truly an honor to continue Connecting America through Coins," she said.as the federal government shut down production in the U.S. due to the cost. President Donald Trump posted in February on Truth Social that he had asked Scott Bessent, the Secretary of the Treasury, to stop producing the coin. "For far too long, the United States has minted pennies which literally cost us more than 2 cents," he posted. "This is so wasteful! I have instructed my Secretary of the US Treasury to stop producing new pennies. Let's rip the waste out of our great nation's budget, even if it's a penny at a time."to Congress, the agency reported losing $85.3 million on making pennies in the fiscal year of 2024.Related Topics

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

ABC7 /  🏆 67. in US

Pennies Auction United States Mint Coins Numismatics

 

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How to Watch Toluca vs. Tigres on TV, Live Stream: Liga MX Apertura 2025 FinalHow to Watch Toluca vs. Tigres on TV, Live Stream: Liga MX Apertura 2025 FinalTigres have a slight advantage over Toluca heading into the decisive second leg of the final.
Read more »

2025’s Final Movie War Has Officially Begun Thanks To One $1B+ Box Office Result2025’s Final Movie War Has Officially Begun Thanks To One $1B+ Box Office ResultNeytiri bearing her teeth in Avatar Fire and Ash
Read more »

Pa. could end 2025 with the fewest new laws in at least a decadePa. could end 2025 with the fewest new laws in at least a decadePennsylvania legislators have passed just 65 bills in 2025, which is poised to be an all-time low for the past decade, leaving key priorities unfinished.
Read more »

What Defined Fashion Tech in 2025?What Defined Fashion Tech in 2025?Unprecedented AI developments dominated this year, as investors poured millions into both AI-powered and human-centric tools that promise to change the way we shop.
Read more »

WWE Raw Results Dec. 15, 2025: Viral CM Punk Promo DominatesWWE Raw Results Dec. 15, 2025: Viral CM Punk Promo DominatesCM Punk delivered a savage promo on Bron Breakker during WWE Raw. Here are the full results and the most vicious lines from the segment.
Read more »

R&B world rocked by another legend’s death as list of those lost in 2025 growsR&B world rocked by another legend’s death as list of those lost in 2025 growsIt has been a heartbreaking year for the R&B world.
Read more »



Render Time: 2026-04-01 06:58:38