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The penny, also known as the cent, is a coin in the United States representing one-hundredth of a dollar.It has been the lowest face-value physical unit of U.S. currency since the abolition of the half-cent in 1857 (the abstract mill, which has never been minted, equal to a tenth of a cent, continues to see limited use in the fields of taxation and finance).
The Lincoln cent (sometimes called the Lincoln penny) is a one-cent coin that has been struck by the United States Mint since 1909. The obverse or heads side was designed by Victor David Brenner, as was the original reverse, depicting two stalks of wheat (thus "wheat pennies", struck 1909–1958).
Below are the mintage figures for the Lincoln cent. The following mint marks indicate which mint the coin was made at (parentheses indicate a lack of a mint mark): P = Philadelphia Mint. D = Denver Mint. S = San Francisco Mint. W = West Point Mint
The first current U.S. coins that could be headed for extinction are one-cent and five-cent pieces. This is partly because it costs more to produce them than they’re worth. ... The penny, nickel ...
Two of the first coins to be produced at the first U.S. Mint just raked in a whopping $870,000 at an auction in Anaheim, California.
No shield on reverse, 1859 (Cupronickel) Year Mint Mintage Comments 1859 (P) 36,400,000 ... Cent (United States coin) Wheat cent; 1943 steel cent; 1955 doubled die cent;