The Death of the Penny – US Mint to Cease Penny Production in 2023. The US Mint announced they will end production of the US Penny starting in 2023, citing the high cost of production and the penny ‘s decreasing value.
What kind of coins does the Philadelphia Mint Make?
Designated by a small capital letter “P”, the Philadelphia Mint produces circulating coins, and numismatic pieces, such as annual uncirculated coin sets, commemorative coins, and medals. Our team of Sculptor-Engravers who create the designs and models for coins work out of the Philadelphia Mint.
When did the P mint mark appear on pennies?
The Philadelphia “P” mint mark only appeared on coins from 1942-1945. Since 1980 all of Philadelphia’s coins, except the cent, receive the “P” mint mark. The Philadelphia Mint began striking pennies with the “P” in 2017.
Where do I find the value of a US Mint Set?
The first column lists the date and type followed by the buy price and the sell value for an average U.S. Mint Set. These are approximate retail prices and wholesale values. The actual offer you receive from a particular coin dealer will vary depending on the actual grade of the coin and a number of other factors that determine its worth.
