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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).
In coin collecting, the condition of a coin (its grade) is key to its value; a high-quality example with minimal wear is often worth many times more than a poor example. Collectors have created systems to describe the overall condition of coins. Any damage, such as wear or cleaning, can substantially decrease a coin's value.
The most valuable blank coin listed on the U.S. Coins Guide site is a 90% silver dollar without a raised rim valued at $1,600 or more. The same type of silver dollar with a raised rim is valued at ...
Precious metals in the form of coins whose market value is determined by metallic content rather than scarcity. bullion value The current market value of the raw precious metal content of a coin. For example, the bullion value for Canadian silver coins minted between 1920 and 1966 is 12 times the face value when silver is $20.00 per troy ounce.
This penny’s high value is mainly because there are not a lot of specimens with this particular doubling. Per PCGS, the auction record for this coin took place in 2019 and totaled $14,400. 1969 ...
1972 Doubled Die Cent. The 1972 Doubled Die cent is worth a pretty penny,” said Pearlman, sharing that the Numismatic Guaranty Company Price Guide “estimates the current retail value at $175 ...