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The Indian Head cent, also known as an Indian Head penny, was a one-cent coin ($0.01) produced by the United States Bureau of the Mint from 1859 to 1909. It was designed by James Barton Longacre, the Chief Engraver at the Philadelphia Mint. From 1793 to 1857, the cent was a copper coin about the size of a half dollar.
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).
Draped Bust large cent, 1796–1807 (Copper) Year Mint Mintage Comments 1796 (P) 363,375 1797 (P) 897,510 1798 (P) 1,841,745 1799 (P) 42,540 1800
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.
Data from the U.S. Treasury shows it’s not the only coin that costs more than it’s worth. Both the penny’s and the nickel’s manufacturing costs are greater than their face values ...
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 ...
The Coinage Act of 1792 established the United States Mint and regulated the coinage of the United States. [3] The act created coins in the denominations of Half Cent (1/200 of a dollar), Cent (1/100 of a dollar, or a cent), Half Dime (also known as a half disme) (five cents), Dime (also known as a disme) (10 cents), Quarter (25 cents), Half Dollar (50 cents), Dollar, Quarter Eagle ($2.50 ...
The 1972 Doubled Die cent is worth a pretty penny,” said Pearlman, sharing that the Numismatic Guaranty Company Price Guide “estimates the current retail value at $175 in Extremely Fine ...