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The Citizens Coinage Advisory Committee (CCAC) also met and recommended a design showing a Union shield with ONE CENT superimposed in a scroll; E pluribus unum was also depicted in the upper portion of the shield. [87] In June 2009 the CFA met again and this time selected a design featuring a modern rendition of the American flag. [88]
The penny, formally 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).
[19] The act also called for the removal of the date from the obverse and "E PLURIBUS UNUM" from the reverse of the coin, opting instead to add them to the edge. [19] In 2018, the American Innovation $1 Coin Program was launched. The program will run from 2019–2032, commemorating an inventor or an invention from each state and six territories ...
1944-S Steel Wheat Penny — $1.1 million. 1793 Strawberry Leaf Cent — $862,000. 1943-S Lincoln Cent Struck on Bronze — $282,000. 1909 VDB Matte Proof Lincoln Penny — $258,000.
In addition to the 1943-D Lincoln Bronze Wheat Penny, here are nine other 1-cent pieces worth a pretty penny: 1944-S Steel Wheat Penny: $1.1 million. 1793 Strawberry Leaf Cent: $862,500.
The change from "E Pluribus Unum" to "In God we trust" was generally considered uncontroversial at the time, given the rising influence of organized religion and pressures of the Cold War era in the 1950s. The 1956 law was one of several legislative actions Congress took to differentiate the United States from atheistic communism.
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