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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).
"Circulating Coins Production data". United States Mint. Archived from the original on March 14, 2016. United States Mint. Archived 2017-01-31 at the Wayback Machine; Archived 2007-03-14 at the Wayback Machine dead links "50 STATE QUARTERS". COINSHEET. Archived from the original on October 27, 2007. "Pennies Minted by the U.S. Mint from 1970 to ...
In 1823, only proof cents were produced during the calendar year, all others were made in 1824 using back-dated dies. [ 5 ] The new cents, known as Matron Head cents, were not much better, however, and numismatist Walter H. Breen called the design "a spectacularly ugly head of Ms. Liberty". [ 6 ]
However, a few were mistakenly made of bronze, and these are extremely rare and valuable. Made of 95% copper and 5% tin and zinc alloy, it sold for $1.7 million in 2010 but is valued at $2.3 ...
These pennies were mistakenly minted using leftover steel planchets in 1943. Only seven Denver-minted steel pennies are known to exist, according to USA Coin Book , and a coin in average condition ...
This design was more successful, and it was continued into 1796. In 1795, planchets became too thin for the edge lettering because of a weight reduction, so the mint stopped edge lettering on the cent, and the rest of these coins were made with a plain edge. Four coins from 1795 are known to have a reeded edge. [7]
After 1970, Kennedy half dollars were made of the same copper-nickel alloy as the other denominations. The last 90% silver circulated coins are dated 1964, [7] though they were actually minted for several years later dated as 1964. In 1982, the penny had most of its copper content removed, and is now made primarily of zinc, with a thin copper ...
Spanish treasure ships sank off Florida’s west coast during hurricanes more than 300 years ago, leaving their spoils on the ocean floor Florida officials and FBI recover $1 million worth of ...