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1924 S Wheat Penny. Current estimated value in mint condition: $725. Auction record: $45,600. ... In 1944, pennies were supposed to transition from steel back to copper. These pennies were ...
The Lincoln cent (sometimes called the Lincoln penny) is a one-cent coin that has been struck by the United States Mint every year 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).
Victor David Brenner designed the new penny and put his initials “V.D.B.” to the reverse of the coin between the stalks of wheat. Only 484,000 coins were produced, which is what makes it so rare.
But you don’t need to go back 80 years to find pennies worth a lot of money. One from 1983 recently sold for a record $26,000 at auction. ... 1944-S Steel Wheat Penny: $1.1 million. 1793 ...
The Lincoln cent or Lincoln penny is also colloquially referred to as a wheat penny because the reverse features two wheat heads. The 1909 penny weighs 3.11 g (0.110 oz) and has a 19 mm (0.75 in) diameter with a plain edge. The composition of the penny is bronze. [1] Its metal composition is 95% copper, 2.5% tin and 2.5% zinc. [2]
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).