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Aluminum was chosen, and over 1.5 million samples of the 1974 aluminum cent were struck before ultimately being rejected. The cent's composition was changed in 1982 because the value of the copper in the coin started to rise above one cent. [7] Some 1982 cents used the 97.5% zinc composition, while others used the 95% copper composition.
The Composition of the Cent Archived 2008-12-21 at the Wayback Machine from the U.S. Mint website; Top 10 Things You Didn't Know About the Penny – slideshow by Time Magazine; December 14, 2006, press release by United States Mint concerning new rules outlawing the melting of pennies and nickels Archived May 27, 2016, at the Wayback Machine
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 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 ...
Over the past 167 years or so, when the U.S. Mint struck its first smaller-sized penny, there have been numerous varieties, errors, grades, mis-strikes, mint marks and more that have affected ...
These 3 Rare Pennies From Over 20 Years Ago Are Worth a Ton Now. Nicholas Morine. December 21, 2024 at 6:01 AM. Johnrob / iStock.com.
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
Seven distinct types of coin composition have been used over the past 200 years: three base coin alloys, two silver alloys, gold, and in recent years, platinum and palladium. The base metal coins were generally alloys of copper (for 2 cent coins and lower), and copper/ nickel (for 3 and 5 cent coins).