The penny is dead.
A nationwide penny shortage and the end of penny production have prompted businesses to stop taking the coin.
Woodman’s stopped taking the penny on Nov. 10, rounding all cash transactions to the nearest nickel, according to signage in the store. The signs also confirm that self-checkout registers will no longer accept cash.
Kwik Trip stores have also moved to phase out the penny.
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According to 2024 figures from the U.S. Mint, one penny costs 3.7 cents to produce. It costs the Mint 13.8 cents to make a nickel.
In June, the last pennies were minted. The Treasury Department estimates a savings of $56 million by not minting the coins.
