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The unique composition of the coin (low-grade steel coated with zinc, instead of the previously 95%-copper-based bronze composition) has led to various nicknames, such as wartime cent, steel war penny, zinc cent and steelie. The 1943 steel cent features the same Victor David Brenner design for the Lincoln cent which had been in use since 1909.
And yet, the temptation remains. Whereas the U.S. replaced almost all copper content in the penny with zinc in 1982 (nickels today contain more copper than pennies), up in Canada they kept on ...
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).
Iron Mountain Mine, also known as the Richmond Mine at Iron Mountain, is a mine near Redding in Northern California, US.Geologically classified as a "massive sulfide ore deposit", the site was mined for iron, silver, gold, copper, zinc, quartz, and pyrite intermittently from the 1860s until 1963.
The U.S. Mint initially made pennies out of pure copper, but starting in 1943 they were manufactured out of zinc-covered steel because copper was needed during World War II. Starting in 1982, the ...
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In 1982, the US Mint began minting pennies coated in copper but containing primarily zinc. Zinc pennies pose a risk of zinc toxicosis, which can be fatal. One reported case of chronic ingestion of 425 pennies (over 1 kg of zinc) resulted in death due to gastrointestinal bacterial and fungal sepsis.
“All are still in pristine, mint red condition and recently sold for a combined total of $1,113,174,” the auction house said.