Len Augsburger passed along this article about the fate of pressed pennies (elongated cents to us numismatists). Thanks. Here's an excerpt - see the complete article online.
-Editor
Carissa Gooding, a pressed-penny collector in Columbus, Ohio, who makes very satisfying-
to-watch TikToks in which she cleans souvenir pennies with a Q-tip and metal polish while
telling stories about where she pressed the coins, recently had a self-described "penny
mental breakdown."
She found an old pressed penny from the Cincinnati Museum Center among her things,
which led her to drive two hours to the museum, both to see a Barbie exhibit and to check
out the machine—but it was nowhere to be found. An attendant told her they'd gotten rid of
it last year, a result of the cost of maintenance compared to the money they actually make
from the pennies, not to mention the imminent end of penny minting. "I was freaking out about this silly little penny press," she told me. "After that, I went home and was like, I have
to collect every single penny."
In May, Donald Trump announced that in 2026,the U.S. Mint will cease production of the
penny, one of which costs 3.69 cents to make. What will come of the good old-fashioned
American vacation practice of pancaking our smallest monetary denomination? The
machines have become a mainstay in tourist locations such as zoos, museums, theme
parks, and historical attractions, and the coins usually feature designs of things you can see
at the sites (the facades of buildings, zoo animals, roller coasters, spaceships, artworks—
the options are endless). Though they've become more widespread and DIY in the past half
century, pressed pennies have been around for more than 100 years. The first one is said to
have been created for the World's Columbian Exposition, a fair in Chicago, in 1893. It's only
now, in the twilight year of the penny, that machines for penny pressing—aka penny
squishing, penny smashing, coin elongating—seem to be at risk. Voracious collectors are,
perhaps counterintuitively, looking forward to it.
In addition to being some of the cheapest souvenirs, pressed pennies boast a community of
exonumists, the technical name for these enthusiastic collectors. These hobbyists share
photos and machine locations; they mail pressed pennies to other collectors around the
country; they build penny chandeliers and set up elaborate displays for their hoards. And
while many feel somewhat wistful about the end of the penny, they aren't too concerned
that the practice will die out. In fact, it might even be made more special by the coin's
impending rarity.
Gooding is not so worried about Trump's order having an effect, but she's still concerned
that the machines will start falling out of favor with the destinations that host them. In the
meantime, she plans to take advantage of the ones still in use and visit all the penny
squishers in the state. Her most recent sojourn was to the Ohio State Reformatory, where
much of The Shawshank Redemption was filmed.("I'm sorry," I asked, "even prisons have
penny pressers?" Gooding confirmed.) Like many other pressing fanatics, she has
experienced places she might not have visited otherwise, thanks to the draw of cranking
out a new elongated coin.
"I'm not someone who necessarily seeks out a museum," she said, "so it forces me to go
learn about the history of where I grew up—or birds or whatever."
I learned something new from the article - that coin mutilation
is illegal in Canada, but the souvenir machines are there nevertheless, using copper blanks instead of coins. So I guess the people who supplied the U.S. Mint with blanks still have a (much smaller) market. Not that we'll ever be in danger of running out of real cents when billions are still out there in circulation and dresser drawers.
-Editor
To read the complete article (subscription required), see:
Squished Dreams
(https://slate.com/life/2025/08/pennies-trump-pressed-collector.html)
Wayne Homren, Editor
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