The federal government is winding down production of the penny coin following a bipartisan effort to nix the lowest-denomination of U.S. currency over cost concerns, according to a plan outlined by the Treasury Department on Thursday.

The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those run out.

It looks like the American penny’s days are numbered, bringing to fruition President Donald Trump’s stated plan to scrap the U.S. one-cent piece. According to ABC 7, the Treasury Department has released a statement that the U.