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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).
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.
Matron Head large cent, 1816–1839 (Copper except as noted) Year Mint Mintage Comments 1816 (P) 2,820,982 1817 (P) 3,948,400 (P) 5 Proof 1818
1875–1878 $5 Half Eagle 21.6 mm 8.36 g 1795–1929 $10 American Gold Eagle 22 mm 7.78 g 1986–present $25 American Platinum Eagle 22 mm 7.78 g 1997–present Half Cent 23.5 mm 6.74 g 1795–1857 Two Cent 23 mm 6.22 g 1864-1873 Quarter (Clad) 24.26 mm 5.67 g 1965–present Quarter (40% Ag) 24.3 mm 5.75 g 1976(S) Quarter 24.3 mm 6.25 g 1796 ...
Today, it’s valued at about $2.3 million in mint uncirculated condition. But you don’t need to go back 80 years to find pennies worth a lot of money . One from 1983 recently sold for a record ...
If you see one, hold on to it — it could be worth hundreds of dollars on the collectible coins market. Discover: 10 of the Most Valuable Pennies Read: Pocket an Extra $400 a Month With This ...
This table represents the mintage figures of circulating coins produced by the United States Mint since 1887. This list does not include formerly-circulating gold coins, commemorative coins, or bullion coins.
[9] [10] Another purpose for a large issue of silver coins, regardless of denomination, was to retire the fractional currency—low-value paper money or "shinplasters". Congress passed legislation in 1875 and 1876 for large quantities of silver coins for this purpose. [11] The father of the twenty-cent piece was Nevada Senator John P. Jones ...