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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.
In December 1672, the East India Company started a mint in Bombay and European style gold, silver, copper, and tin coins were struck. The gold coin was named Carolina, the silver coin Anglina, the copper Copperoon, and the tin coin called the Tinny. The exchange rate was set at 11 Tiduckone Copperoon and 48 Copperoons to one Anglina.
Below are the mintage figures for the United States cent. The following mint marks indicate which mint the coin was made at (parentheses indicate a lack of a mint mark): P = Philadelphia Mint. D = Denver Mint. S = San Francisco Mint. W = West Point Mint
8. 1864 Indian Head Penny “L” on Ribbon — $161,000. After Flying Eagle Cent was minted, the federal government transitioned to the Indian Head Penny in 1864. Like VDB, who struck his ...
It may be time to dig out that old piggy bank and see if you’ve got a fortune stashed away.
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).
There was a coin of one anna, and also half-anna coins of copper and two-anna pieces of silver. [2] With the rupee having been valued to 1s 6d [3] and weighing 180 grains as a 916.66 fine silver coin, [4] the anna was equivalent to 9/8 d (one penny and half a farthing). Hence the 2 anna silver coins were of low weight (22.5 grains = 1.46 g).
Silver coin of the Maurya Empire, known as Rūpyarūpa, with symbols of wheel and elephant. 3rd century BC. [1] The history of the rupee traces back to ancient times in the Indian subcontinent. The mention of rūpya by Pāṇini is seemingly the earliest reference in a text about coins. [2] The term in Indian subcontinent was used for referring ...
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