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An improperly cleaned Indian Head cent from 1900. Note the wear present, as well as tarnished areas on the "brilliant red" surface. Coin cleaning is the controversial process of removing undesirable substances from a coin's surface in order to make it more attractive to potential buyers.
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).
In addition to the copper shortage, people also hoarded precious metals during the war. [1] Altered and fantasy cents with the 1815 date occasionally appear. [4] The Philadelphia Mint produced all large cents, which contained twice the copper of the half cent. This made the coins bulky and heavy, bigger than modern-day U.S. quarters. [5]
Currently, pennies are 97.5% zinc and 2.5% copper, and at current prices of those metals, each new penny has a theoretical "melt value" -- what you'd get if you melted down pennies and sold the ...
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 ...
During World War II, pennies were made of steel to save copper for the war effort. However, a few were mistakenly made of bronze, and these are extremely rare and valuable. ... You can tell it is ...
The Indian Head cent, also known as an Indian Head penny, was a one-cent coin ($0.01) produced by the United States Bureau of the Mint from 1859 to 1909. It was designed by James Barton Longacre, the Chief Engraver at the Philadelphia Mint. From 1793 to 1857, the cent was a copper coin about the size of a half dollar.
This penny is another happy accident, since the pennies minted that year were supposed to be steel or war pennies, and copper plates from 1942 might have inadvertently mixed with other steel ...