Illinois
Penny shortage causes headaches for retailers in the Land of Lincoln
Article Summary
- Illinois citizens and retailers are grappling with the slow disappearance of the penny in the Land of Lincoln.
- The lack of fixed guidance at the state and federal levels on how to address the scarcity of new pennies has left some businesses at a loss.
- Many retailers have resorted to rounding their prices up or down when selling or making change, but that is imprecise.
This summary was written by the reporters and editors who worked on this story.
SPRINGFIELD — At the Abraham Lincoln Presidential Library and Museum in Springfield, visitors can shop for sweatshirts, pillows, jewelry and chocolates using coins bearing the face of perhaps the most-famous Illinoisian, Abraham Lincoln.
But even here, pennies are growing scarce at the cash register.
The museum gift shop, like the rest of the country, is grappling with a penny shortage after the United States Mint halted production of the coin in November, citing the rising cost of producing them.
The lack of fixed guidance from the state and federal governments about how to cope with the shortage of new pennies has left some business owners scrambling to come up with ways to address it.
Many retailers are just rounding up or down to the nearest 0- or 5-cent mark in their prices to make change. They will accept the one-cent coins, but can’t always pay them out.
“The retailer faces frustration on behalf of the consumer,” said Rob Karr, president of the Illinois Retail Merchants Association. “Most retailers are rounding in the consumer’s favor, which doesn’t make the consumer mad, but it also takes profits out of the retailer and puts them at the narrowest end of the net profit margin. So every penny matters there. I think the absence of clear guidance at the moment is difficult.”
Some businesses, like the Lincoln Museum gift shop, display a guide on how its rounding system works. The museum, for example, rounds amounts ending in 1 or 2 cents down to 0. It rounds amounts ending in 3 or 4 cents up to 5 cents, and amounts ending in 6 or 7 cents down to 5 cents. However, other business owners say this kind of multi-tiered rounding system can be inconvenient and confusing for customers.
For many Illinoisans, there is a sad, end-of-an-era feeling watching the slow disappearance of the one-cent coin, which was one of the first coins made by the U.S. Mint after its establishment in 1792. President Lincoln’s profile has been on the “heads” side since 1909, and that change made him the first president featured on U.S. coins in honor of his 100th birthday.
Mary Disseler has been working as a volunteer at the Lincoln Museum for over 20 years since its founding in 2005. As a die-hard fan of Lincoln, she sees the decision to stop penny production as a sad but sensible decision.
“It kind of breaks my heart. I think it’s a nice tribute to Mr. Lincoln, but I understand that it’s costing four cents to make a penny, so there’s a part of us that has to be practical, too,” she said.
Keith Wetherell, executive director of the Illinois Licensed Beverage Association, which represents a handful of small, cash-reliant or cash-exclusive businesses, has practical concerns, too. He worries that the inconvenience posed by complicated rules around rounding could affect customers’ sentiments.
“The one thing that we would really lobby against was any type of bouncing around from city to city where you have all these different rules and stuff; we want to just minimize the confusion,” he said. “We just like to make everything as good and as easy as possible for the customer. Small businesses are struggling as it is. We don’t want any operational challenges. When (customers) have challenges, they take it out on us by not buying them as much.”
Julie Johnson, who owns Daisy Jane’s, a boutique in downtown Springfield, said she rounded up cash change to the benefit of the customer when necessary, but would rather use pennies to give them exact amounts.
“My jar is pretty low on coins. I’m gonna have to figure out what (the state) wants us to do with pennies,” she said. “There has to be a plan for that. When you calculate tax on something, it’s almost always going to have pennies as part of the equation.”
How will lawmakers respond?
Illinois lawmakers say the penny shortage is not an issue at the top of the agenda because of factors like the popularity of cashless payment methods and the fact that there are still billions of pennies in circulation.
Sen. Dave Syverson, R-Cherry Valley, wrote a note on his website in November applauding the U.S. Treasury’s decision to halt production, saying it was “more of an inconvenience than a useful part of the economy.” He said no steps were currently being taken to address the shortage at the state level and that he would await guidance from the federal level.
“It’ll be something that they’ll obviously start working on addressing more and more as the pennies become less in circulation,” he told Capitol News Illinois. “It doesn’t look like people have to worry about it at all for 2026. I’m guessing that the soonest there’d be any guidance would be ’27, when they would maybe set some rules about requiring businesses to accept whatever rounding decision that gets made.”
But Karr, head of the retail merchants association, said he wasn’t satisfied with Springfield playing the waiting game and leaving the decision up to the U.S. Treasury.
“While the federal government makes currency decisions, the states make sales tax decisions. So it’s a shared responsibility,” he said. “While there’s clarity that the federal government needs to provide, there’s also clarity that the state needs to provide. That clarity, it helps in terms of lawsuits as well, because there are lawyers out there who can sue if they don’t think you’ve done something correctly. And without that guidance, it leaves the retailers certainly exposed.”
Gordon Davis, founder of the Springfield tea store Whimsy Tea, said he hasn’t had issues with the penny shortage yet, but that it was “looming.” He said that while 72% of his customers opted to pay with cards, more than one-quarter still chose to pay with cash.
Instead of rounding prices, Davis made prices tax-inclusive in his store’s point of sale system, which he says saves him the trouble of facing legal complications with rounding.
“Rounding, as I understand, can run you afoul of federal law because you have to treat all currencies, all payment methods the same. If you’re rounding for cash but not rounding for card, you’re breaking the law,” he said.
Still, experts say that beyond minor adjustment costs on the retailers’ end, the penny shortage won’t pose a major issue in terms of price increases simply because its value is low.
“Inflation-wise, it’s not creating a problem,” said Shihan Xie, an assistant professor of monetary economics at the University of Illinois Urbana-Champaign. “The value of the penny has diminished. It’s at a point where the value is so small that it’s not going to affect daily life much, or that it becomes crazy.”
But for some citizens of the Land of Lincoln, the penny shortage is an issue that has more to do with sentiment. Lincoln Museum volunteer Disseler she understands the economics no longer support the beloved one-cent piece.
“We’ll still have the $5 bill,” she said. “Even though they’re phasing (the penny) out, we’ll keep his memory alive forever.”
Erika Tulfo is a graduate student in journalism with Northwestern University’s Medill School of Journalism, Media and Integrated Marketing Communications, and is a fellow in its Medill Illinois News Bureau working in partnership with Capitol News Illinois.
Capitol News Illinois is a nonprofit, nonpartisan news service that distributes state government coverage to hundreds of news outlets statewide. It is funded primarily by the Illinois Press Foundation and the Robert R. McCormick Foundation.
This article first appeared on Capitol News Illinois and is republished here under a Creative Commons Attribution-NoDerivatives 4.0 International License.
One person was injured this weekend in a townhome fire in the southwest Chicago suburb of Orland Park, which officials said may have been exacerbated by hoarding.
The Orland Fire Protection District was called Saturday afternoon for the fire in a two-story, four-unit townhome complex the 9100 block of Greencastle Lane in Orland Park. Firefighters arrived at 1:43 p.m.
There was no obvious evidence that the townhouse complex was on fire when firefighters arrived, but they later found a basement fire involving the end unit of the complex, the district said.
All occupants were evacuated from the attached townhouses as firefighters went in. They entered the front door with a hose, but found “mounds of obstacles” in the way, the district said.
Fire crews found what were believed to be heavy hoarding conditions obstructing the path to the basement, the district said. Multiple crews had to come in to clear everything out of the way to get to the fire.
One homeowner was treated for a minor head injury, but declined to go to the hospital, the district said.
The cause of the fire was under investigation Sunday.
The Illinois Attorney General is suing a suburban McDonald’s restaurant, accusing the operator of overworking teens, some for 17 hours straight.
The lawsuit alleges the Lockport location owned by Nicholas J. Kory and Lockor LLC violated 568 Illinois Child Labor Laws in 2023.
The restaurant allegedly worked children aged 14 and 15 years old for longer than 8 hours without rest and meal breaks. One minor worked until 1:30 a.m.
The Illinois Department of Labor is seeking over $2.1 million for victims, which the company has not paid.
In a statement, the local owner said, “We are committed to ensuring that all our employees feel safe, respected, and valued. We have taken steps to address concerns that have been raised.”
The best towns in Illinois for a weekend retreat welcome visitors with some of the best wines in the state and local festivals that celebrate everything from Groundhog Day to European heritage. If you’re a history buff, you can explore a Dutch windmill in Fulton or a Viking ship in Geneva. If you are a nature enthusiast, Ottawa and Makanda have you covered with the sandstone canyons of Starved Rock State Park and the forested trails of Giant City State Park in the Shawnee National Forest.
Galena
Galena, located near the Mississippi River at the borders of Iowa and Wisconsin, attracts visitors with a variety of offerings. The Dowling House, constructed in 1826, offers insight into the 19th-century lifestyles and trades of Galena’s residents. The Ulysses S. Grant Home was presented to Grant by the locals in appreciation for his service as both president and general during the American Civil War. From the summit of Horseshoe Mound and other ceremonial mounds at Casper Bluff, you can enjoy stunning views of three different states, or take in the sights from above during the Great Galena Balloon Race in the summer. Don’t miss the Galena General’s Parade on St. Patrick’s Day, a cherished local event. For those interested in experiencing Galena’s charming designs, consider reserving a room at the Hotel Galena.
Princeton
Princeton offers the ambiance of a vibrant city within a quaint town setting. With attractions like the stunning Hornbaker Gardens and the Barn Quilts of Bureau County, its agricultural and horticultural ties have helped the town flourish into a lively and impressive community. It also holds a strong sense of patriotism, showcased by its four Flags of Freedom, honoring the sacrifices made by many military personnel. Visitors from Chicago, Quincy, and Burlington frequently arrive via Princeton’s Amtrak Train Station, a key transportation hub connecting larger cities in Illinois and beyond. Explore historic residences such as the Owen Lovejoy House or enjoy Festival 56, featuring a variety of Broadway and Shakespeare-inspired performances by the Princeton Theatre Group. Celebrated for its charm, Princeton offers delightful accommodations like the Historic Knox Hotel for an even more memorable stay.
Woodstock
About 50 miles from Chicago lies the charming small town of Woodstock, known for its role as the filming location for the iconic time-loop movie, Groundhog Day. While the film refers to it as Punxsutawney, Pennsylvania, the actual scenes were shot in Woodstock’s quaint town square and its historic Opera House. Every February 2, the locals celebrate the Groundhog Day festival, focusing not on the movie but on the critter itself that announces the arrival of spring. They also partake in the Lighting of the Square at Thanksgiving. If you’re looking to experience life free from the burdens of the past and without fear of the future, consider staying at places like the Cherry Tree Inn B&B.
Fulton
Fulton is filled with attractions and elements that harken back to the European country of the Netherlands. Highlights include the iconic De Immigrant Windmill and the Dutch Days celebration that takes place on the first weekend of May. This charming town, situated on the Mississippi River and approximately 50 miles from Galena, truly reflects the essence of a vibrant European nation. In addition to its Dutch cultural heritage, Fulton is surrounded by several attractions, including Heritage Canyon, where visitors can explore limestone mines dating back to the 1800s, appealing to those interested in geology. The Andresen Nature Center, meanwhile, is dedicated to the conservation and protection of the local wildlife in the Fulton area. For accommodations during your visit, consider the delightful AmericInn Hotel & Suites or the Wild Rose Casino & Resort located nearby in Clinton.
Nauvoo
Nauvoo embodies the long-held dream of settlers seeking a homestead. This charming riverside destination along the Mississippi River has been home to the Sauk and Fox Native Americans, as well as Mormon and Icarian immigrants from various states and Germany. Just across the river, visitors can explore the historic grounds of Fort Madison, while the Joseph Smith Historic Site highlights the Latter-Day Saint movement that took place in Nauvoo during the early 1840s. The Rheinberger House Museum is filled with fascinating artifacts, and Jonathan Browning’s workshop showcases a collection of historic Browning firearms. For those intrigued by inventions, the Webb Blacksmith Shop features a replica of a traditional smithy. When it comes to accommodations, Hotel Nauvoo, the Inn at Old Nauvoo, and Nauvoo Vacation Villas offer excellent options.
Ottawa
Ottawa is a hidden gem and a perfect getaway just 80 miles from Chicago, offering a wealth of delightful attractions and recreational spaces for relaxation and enjoyment. With numerous engaging parks and preserves, including Dayton Bluffs Preserve, Buffalo Rock State Park, and Starved Rock State Park, you’ll find plenty of options to escape the hustle and bustle of city life. For those seeking a real adventure, Skydive Chicago provides a breathtaking aerial view of Illinois as you leap and float back down to earth. If you’d rather stay grounded, consider visiting the Reddick Mansion, once the residence of Illinois State Senator William Reddick. Plus, you won’t have to worry about where to stay, as Heritage Harbor and other accommodations will ensure a comfortable and convenient home base.
Arcola
Arcola, situated along the Okaw River and approximately an hour and a half from Springfield, was originally called Bagdad in the mid-1800s before undergoing a name change a few years later. Today, the town exudes a distinct artistic charm, showcased by its 15 Walldog murals that illustrate various periods of the town’s history. For many years, Arcola has been a key stop on the Central Railroad and a leading producer of broomcorn, which is celebrated every September during the Broomcorn Festival. There’s much more to discover in Arcola, so consider staying at cozy places like the Arcola Inn or Quality Inn.
Geneva
The town of Geneva is about 45 miles west of Chicago, and features a charming Dutch windmill at the Fabyan Forest Preserve and even more delightful attractions at Island Park. The Geneva History Museum offers insights into the town’s early history, while the Fabyan Villa Museum & Japanese Garden highlights both cultural and botanical treasures from Asia. You can also discover stunning plants at City Hall’s Prairie Garden or take a look at a Viking ship from the 1893 Chicago World’s Fair. If you’re visiting in June, make sure to check out the annual Swedish Days Festival. From July to August, there are Classic Car Shows, and the Geneva Arts Fair takes place each July. You’ll feel right at home in Geneva, especially when you relax and dine at welcoming spots like the Herrington Inn & Spa.
Alton
Alton left its mark when Abraham Lincoln and Stephen Douglas held their final debate during the 1858 Illinois senatorial campaign. It is also notable for being the childhood home of famous jazz musician Miles Davis and the world’s tallest man, Robert Wadlow. For those interested in the paranormal, Alton boasts some of the most haunted places in Illinois, with eerie vibes found in McPike Mansion, Mineral Springs Hotel, The First Unitarian Church, and Milton School. Beyond its ghostly reputation, Alton is a strong supporter of local arts, showcased by the Alton Little Theater, the Alton Museum of History and Art, the Jacoby Arts Center, and the Elijah P. Lovejoy Monument. If you’re looking for an elegant stay in a historic home, consider booking a night at the Beall Mansion.
Makanda
The village of Makanda, whose name has historically evolved from Markanda, Markands, and Markauda to its current form, honoring a Native American chief, is a picturesque hamlet almost reminiscent of a fairytale. Yet, Makanda is indeed a real location, boasting numerous remarkable attractions in the Shawnee National Forest. Visitors can truly enjoy the stunning natural beauty of Giant City State Park by exploring various notable paths, including the Shawnee Hills Wine Trail, the Stonefort Nature Trail, and the River to River Trail. In October, Makanda kicks off Vulture Fest, which celebrates the arrival of autumn with the migration of vultures. Whether you indulge in the delightful wines from Blue Sky Vineyard or take a refreshing dip in Cedar Lake, you’re sure to have a memorable experience. And when you’re ready to relax after all your adventures, you can unwind in the cozy accommodations at the Makanda Inn.
Sycamore
Sycamore trees are awe-inspiring and carry deep significance for many around the globe. Just 60 miles from Chicago lies the quaint town of Sycamore. Embrace the town’s quirky charm by attending one of its annual events, such as Witches Night Out in October. Enjoy laid-back picnics at Sycamore Lake Rotary Park, and discover fascinating insights into the town’s history at the DeKalb County History Center or the Blue Moon Bikes Vintage Sting Ray Museum. For a comfortable stay right in the midst of it all, consider the Country Inn & Suites, which offers all the comforts of home.
Illinois is home to a wide array of small towns perfect for a weekend getaway. With festivals, historic landmarks, wineries, and an abundance of natural wonders, there is no shortage of activities and attractions to fill a few leisurely days. Explore windmills and Viking ships, tour a haunted hotel, or simply stroll the streets and see what adventures unfold in these welcoming retreats.
NJ’s new budget is coming. How will state finances affect your taxes?
Remembering Pancho Villa’s New Mexico Raid and the Punitive Expedition Into Mexico | Council on Foreign Relations
The North Carolina Arboretum’s “Spring Into the Arb” returns for year two
Wheeler-Thomas leads North Dakota State over North Dakota 70-62 in Summit League title game
Which central Ohio girls wrestlers advanced to OHSAA state tournament?
Florida High School Football Rankings: Top 25 teams – Oct. 21
How old is Bo Nix? What to know about Oregon quarterback ahead of 2024 NFL Draft
Cleary's 21 help Le Moyne down Central Connecticut State 69-64 in OT
99th annual Pony Swim held in Virginia
Indiana Members Credit Union announced as new anchor tenant at Bottleworks District
Video: Airports Struggle to Staff T.S.A. During Partial Government Shutdown
Before-and-after satellite imagery offers a rare look at damage inside Iran
Hungary's opposition leader Péter Magyar calls on Russia to refrain from election interference
Video appears to show U.S. cruise missile striking Iranian school compound
Trump vows block on signing new laws until SAVE America Act passes Senate
-
Wisconsin1 week agoSetting sail on iceboats across a frozen lake in Wisconsin
-
Massachusetts6 days agoMassachusetts man awaits word from family in Iran after attacks
-
Maryland1 week agoAM showers Sunday in Maryland
-
Florida1 week agoFlorida man rescued after being stuck in shoulder-deep mud for days
-
Pennsylvania4 days agoPa. man found guilty of raping teen girl who he took to Mexico
-
Oregon1 week ago2026 OSAA Oregon Wrestling State Championship Results And Brackets – FloWrestling
-
News1 week ago2 Survivors Describe the Terror and Tragedy of the Tahoe Avalanche
-
Sports4 days agoKeith Olbermann under fire for calling Lou Holtz a ‘scumbag’ after legendary coach’s death