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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).
1958 (P) 252,525,000 D 800,953,300 (P) 875,652 Proof Fraser's Lincoln cent. James E. Fraser's Lincoln cent pattern, 1952 (Bronze) Year Mint Mintage Comments
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).
This table represents the mintage figures of circulating coins produced by the United States Mint since 1887. This list does not include formerly-circulating gold coins, commemorative coins, or bullion coins.
Four mints currently operate in the United States, producing billions of coins each year. The main mint is the Philadelphia Mint, which produces circulating coinage, mint sets and commemorative coins. [1]
Approximately 5-10% of the 1958 Philadelphia coinage is Type II, struck from dies which were first used to strike the 1958 proofs. About 70% of the 1959 half dollars struck at Philadelphia are Type II; all 1958-D and 1959-D half dollars are Type I. [5] The Mint recut the master die before beginning the 1960 coinage, improving quality. [23]