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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).
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
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.
Instead, an increasing number of people are trading dull, well-worn 30-year-old pennies by the pound. ... and some made in 1982 -- have a high copper content. At current copper prices, the melt ...
Originally struck in 95% copper, the cent coin was changed for one year to zinc-coated steel in 1943 as copper was needed to aid in the war effort. The mint then reverted to 95% copper until 1982, when inflation made copper too expensive and the composition was changed to zinc with an outer copper layer.
1969-S Lincoln Penny-Doubled Die Obverse. Here is another coin valued at $126,500 (at least, in MS-64 condition) — and most of that value is due to doubling on the date and lettering on the obverse.
Lincoln Bicentennial cent "Professional Life", 2009 (Copper-plated Zinc except as noted) [16] Year Mint Mintage Comments 2009 (P) 316,000,000 [11] Professional Life (P) 784,614 [12] Satin uncirculated, struck in Brass: D 336,000,000 [11] Professional Life D 784,614 [12] Satin uncirculated, struck in Brass: S 2,995,615 [9] Proof only, struck in ...
If the mintage is lower in a particular year, this will only help increase the value. Examples of low mintage years include, but are not limited to, 1931, 1933, 1939 and 1955.