The U.S. penny will soon be a relic of the past, as the U.S. Mint has stopped producing the one-cent coin.

Getting rid of pennies is no small change for Nick DeVito.

He owns Charlotte's Frozen Yogurt in Farmingdale.

"We have frozen yogurt and ice cream. It's by weight and sometimes it comes out to $5.13 or whatever, so we deal in pennies a lot," he said.

As of Thursday, The U.S. Mint is no longer producing pennies.

DeVito is now reconfiguring the pricing at his dessert shop, counting on pennies soon becoming a thing of the past.

"We have to figure it out with tax that it's going to come out to exactly that number you know five cents or zero cents," DeVito said.

The Trump administration says it costs nearly four cents to produce a single one-cent coin, and that's why they're halting production. The Treasury Department estimates it will save $56 million a year by no longer making pennies.

"The vast majority of transactions are being done with debit card and credit cards so in a lot of ways the hard coins become less of a concern, less of an important factor for businesses," said Joseph Garcia, vice president of the Nassau Council of Chambers of Commerce.

Garcia says business shouldn't take a hit from the loss of the penny.

As for the other coins?

"Will we see nickels go away? Well give it some time, I think you will," said Garcia.

For now, DeVito says he's rounding sales up or down to conserve pennies while he changes the pricing of his menus.