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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).
The wheat cent was mainstream and common during its time. Some dates are rare, but many can still be found in circulation. This is partially due to the fact that unlike the formerly silver denominations (dollar, half dollar, quarter, and dime), the composition of the pre-1982 cent, nearly pure copper, is not so much more valuable over face ...
The materials and composition of the coins also add to their value since many have become precious and hard to find themselves. Take, for example, the 1792 Silver Center Cent J-1.
The 1944-D Lincoln penny is also referred to as steel pennies or silver pennies. In 1944, pennies were supposed to transition from steal back to copper. These pennies were mistakenly minted using ...
The Coinage Act of 1792 established the United States Mint and regulated the coinage of the United States. [3] The act created coins in the denominations of Half Cent (1/200 of a dollar), Cent (1/100 of a dollar, or a cent), Half Dime (also known as a half disme) (five cents), Dime (also known as a disme) (10 cents), Quarter (25 cents), Half Dollar (50 cents), Dollar, Quarter Eagle ($2.50 ...
1943-D Lincoln Bronze Wheat Penny: $2.3 million Designed by Victor D. Brenner, this is one of the rarest and priciest pennies in circulation today . During World War II, pennies were made of steel ...
Matron Head large cent, 1816–1839 (Copper except as noted) Year Mint Mintage Comments 1816 (P) 2,820,982 1817 (P) 3,948,400 (P) 5 Proof 1818