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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).
A penny is a coin (pl.: pennies) or a unit of currency ... Surviving specimens have an average weight of 1.70 grams, although some estimate the original ideal ...
The Lincoln cent (sometimes called the Lincoln penny) is a one-cent coin that has been struck by the United States Mint every year 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).
The Lincoln cent or Lincoln penny is also colloquially referred to as a wheat penny because the reverse features two wheat heads. The 1909 penny weighs 3.11 g (0.110 oz) and has a 19 mm (0.75 in) diameter with a plain edge. The composition of the penny is bronze. [1] Its metal composition is 95% copper, 2.5% tin and 2.5% zinc. [2]
The English penny (plural "pence"), originally a coin of 1.3 to 1.5 grams (0.042 to 0.048 troy ounces; 0.046 to 0.053 ounces) pure silver, was introduced c. 785 by King Offa of Mercia. These coins were similar in size and weight to the continental deniers of the period and to the Anglo-Saxon sceats which had preceded it.
This penny somehow missed the 1944 transition from steel-coated zinc to copper, and it’s worth a fortune as a result. ... Circulating coins are worth $408,000 to $409,000 in average condition ...
The U.S. penny has been in circulation for more than two centuries, but its time may soon be up after President Donald Trump directed the Treasury Department to halt production of the one-cent coin.
The silver-colored Susan B. Anthony dollar was replaced with gold-colored Sacagawea dollar in 2000 and Presidential Dollars 2007-2016; though the composition changed, the coin's size and weight remain the same. Some variances in coin size and weight occurred over time, especially as the value of silver varied.