Steve Jobs $1 commemorative coin sells out in minutes: Apple fans and collectors swarm the U.S. Mint
United States Mint’s 2026 American Innovation $1 Steve Jobs coin
The internet lit up today as the U.S. Mint’s limited-edition Steve Jobs commemorative coin vanished faster than a new iPhone at launch. Within minutes of going on sale, supplies of the 2026 American Innovation $1 Coin honoring California’s tech visionary were snapped up by eager collectors, Apple devotees, and numismatists…
December 26, 1907: The Rev. W.A. Jones of Knoxville Presbyterian Church refuses the congregation's gift of $100 because it consists of newly redesigned $20 gold pieces that do not bear the motto "In God We Trust."
The U.S. Mint in Philadelphia is set to strike its last circulating penny as the president has canceled the 1-cent coin.
Updated 6:57 AM MST, November 12, 2025
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PHILADELPHIA (AP) — Back in 1793, a penny could get you a biscuit, a candle or a piece of candy. These days, many sit in drawers or glass jars and are basically cast aside or collected as lucky keepsakes.
But their luck is about to run out.
The U.S. Mint in Philadelphia is set to strike its last circulating penny on Wednesday as the president has canceled the 1-cent coin as the cost of making them became more than their value.
President Donald Trump has ordered its demise as costs climb to nearly 4 cents per penny and the 1-cent valuation becomes somewhat obsolete.
The U.S. Mint has been making pennies in Philadelphia, the nation’s birthplace, since 1793, a year after Congress passed the Coinage Act. Today, there are billions of them in circulation, but they are rarely essential for financial transactions in the modern economy or the digital age.