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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
Wartime cent, 1944–1946 (Brass except as noted) Year Mint Mintage Comments 1944 (P) 1,435,000,000 (P) >27 Zinc-plated Steel. 27 known. D 430,578,000 D ^ D over S D
On the 1958 version, you’ll also see that the date is slightly doubled, too. An uncirculated version of this coin is worth $224,831. 7. 1856 Flying Eagle Cent — $172,500
United States Mint. Archived from the original on March 14, 2016. United States Mint. Archived 2017-01-31 at the Wayback Machine; Archived 2007-03-14 at the Wayback Machine dead links "50 STATE QUARTERS". COINSHEET. Archived from the original on October 27, 2007. "Pennies Minted by the U.S. Mint from 1970 to 2002".
Coins of the United States dollar – aside from those of the earlier Continental currency – were first minted in 1792. New coins have been produced annually and they comprise a significant aspect of the United States currency system. Circulating coins exist in denominations of 1¢ (i.e. 1 cent or $0.01), 5¢, 10¢, 25¢, 50¢, and $1.00.
The United States large cent was a coin with a face value of 1/100 of a United States dollar. Its nominal diameter was 1 1 ⁄ 8 inch (28.57 mm). The first official mintage of the large cent was in 1793, and its production continued until 1857, when it was officially replaced by the modern-size one-cent coin (commonly called the penny).
The year 2017 marked the 225th anniversary of the US Mint. Although no traditional commemorative coins were issued for the occasion, the mint did produce a $100 coin , a special uncirculated mint set featuring coins with an "enhanced" finish, and a circulating penny featuring the P mint mark .