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Lincoln pennies struck from 1963 through around mid-1982 have a solid brass composition made up of 95% copper and 5% zinc, Numismatic News reported. ... This Penny Is Worth a Record-Breaking $26K ...
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).
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.
This penny somehow missed the 1944 transition from steel-coated zinc to copper, and it’s worth a fortune as a result. Just two copies of the San Francisco-minted version remain.
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
Currently, pennies are 97.5% zinc and 2.5% copper, and at current prices of those metals, each new penny has a theoretical "melt value" -- what you'd get if you melted down pennies and sold the ...
Brass: J2052 United States Mint Zinc: J2053 United States Mint Zinc-coated steel: J2054/P2074 United States Mint This composition was chosen for the 1943 cent: Manganese: J2055/P2075 United States Mint White metal: J2056 United States Mint Aluminum: J2057/P2076 United States Mint Lead: J2058 United States Mint Bakelite: J2067/P4001 Bakelite ...
Someone just paid a pretty penny for two rare 1-cent coins. And by a pretty penny, we mean a grand total of nearly $870,000. A 1792 silver center cent sold for $352,500 at a Heritage auction in ...