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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.
After the outbreak of World War II, the demand for copper rose as it was used in ammunition and other military equipment. The US Mint researched ways to reduce or eliminate the usage of copper in cent production. The mint struck pattern coins in various metals, using the obverse design of the Colombian two centavo coin. [1]
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).
About 3.2 billion pennies were manufactured in the 2024 fiscal year, compared with 5.3 billion three years earlier. The United States wouldn’t be the first country to stop minting its 1-cent coin.
Here are some coins listed by Professional Coin Grading Services that are worth a pretty penny. Find More: 10 of the Most Valuable Pennies Discover More: 5 Low-Risk Ways To Grow Your Wealth in 2025
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 ...
The plaques (which could be described as large plaquettes) about 120 mm (4.7 in) in diameter, were cast in bronze, and came to be known as the Dead Man's Penny or Widow's Penny because of the superficial similarity to the much smaller penny coin (which had a diameter of only 30.86 mm (1.215 in)). 1,355,000 plaques were issued, which used a ...
Schoolhouse, teacher and students planting a tree; based on the Grant Wood painting Arbor Day [1] [2] Captions: "Foundation in Education", "Grant Wood" Circulation: 213,800,000 P 251,400,000 D Proof: 2,740,684 S (clad) 1,769,786 S (silver) 25¢ Wisconsin quarter George Washington Head of a cow, round of cheese and ear of corn (state grain).
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