UPDATE: A mock funeral for the penny took place at the Lincoln Memorial in Washington, D.C., on December 20, 2025, marking the end of production for the historic one-cent coin. This unique event, organized by financial management platform Ramp, drew a crowd of mourners who gathered to pay their respects as the U.S. bids farewell to a currency that has been in circulation for over 230 years.
The ceremony featured an actor portraying Mary Todd Lincoln, who delivered a heartfelt eulogy, while other actors depicted former President Abraham Lincoln and other historical figures. Attendees surrounded a casket adorned with pennies, creating a poignant atmosphere as speakers lamented the penny’s economic demise.
“For far too long, the United States has minted pennies which literally cost us more than 2 cents,” stated President Donald Trump, who announced the cessation of penny production earlier this year. He criticized the practice as wasteful and instructed Treasury Secretary Scott Bessent to formally end it, a decision that has garnered significant attention.
During the event, a striking portrait of Abraham Lincoln made entirely of pennies was on display, symbolizing the importance and legacy of the coin. Participants included individuals dressed as historical figures such as George Washington and Thomas Jefferson, as well as characters like Pennywise from Stephen King’s “It,” adding a surreal twist to the proceedings.
The mock funeral follows last month’s ceremonial striking of the final penny, an event that officially marked the end of an era in U.S. currency. The penny’s production has become impractical due to rising costs, with each coin now costing nearly 4 cents to produce. This shift reflects broader changes in consumer behavior, particularly the increasing reliance on digital payments.
As the penny is laid to rest, its departure raises questions about the future of U.S. currency and how Americans will adapt to a coinless society. Attendees at the memorial expressed mixed feelings, with some reminiscing about the nostalgic value of the penny while others acknowledged its economic inefficiency.
What’s next? As discussions about currency reform continue, observers will be watching for further announcements from the Treasury regarding potential changes to other denominations. The transition away from cash continues to accelerate, and the implications of this shift will resonate across the nation.
This mock funeral serves as a reminder of the penny’s place in American history and the ongoing evolution of its monetary system. As the U.S. moves forward without the penny, its legacy will undoubtedly spark conversations about heritage, value, and the future of currency.
