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The Flying Eagle cent is a one-cent piece struck by the Mint of the United States as a pattern coin in 1856 and for circulation in 1857 and 1858. The coin was designed by Mint Chief Engraver James B. Longacre , with the eagle in flight based on the work of Longacre's predecessor, Christian Gobrecht .
An uncirculated version of this coin is worth $224,831. 7. 1856 Flying Eagle Cent — $172,500. The Flying Eagle cent may not be as rare as the 1943 Lincoln cents, but they are still worth more ...
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).
A 1792 silver center cent sold for $352,500 at a Heritage auction in Anaheim, California, on Wednesday -- and a 1792 Birch cent, one of only 10 in existence, raked in a whopping $517,000.
Due to inflation, one nickel in 2017 was worth approximately what a penny was worth in 1974. [1] When the United States discontinued the half-cent coin in 1857, it had a 2024-equivalent buying power of about 17 cents. [1] After 1857, the new smallest coin was the one-cent, which had a 2024-equivalent buying power of 34 cents.
The Coinage Act of 1857 repealed prior legal tender laws concerning foreign specie. It fixed the weight and measure of US one-cent pieces at 4.655 grams, which was composed of 88% copper and 12% nickel. It also mandated that this new copper/nickel alloy be received as payment for the worn gold and silver coins turned in at the mint.
The following mint marks indicate which mint the coin was made at ... 1858 (P) 7,368,000 O 520,000 S 121,000 (P) ... United States cent mintage figures.
Flying Eagle cent (1856–1858) Indian Head cent (1859–1909) Two-cent piece (1864–1873) Three-cent piece in silver (1851–1873) and nickel (1865–1889) Shield nickel (1866–1883) Liberty Seated half dime reverse (1860–1873) Liberty Seated dime reverse (1860–1891), reused with slight modification as reverse of Barber dime (1892–1916)