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Variations in coins are caused by creating hubs and dies that are not exactly the same resulting in dates that can be compared as large to small, wide to thin etc. These die variations resulted in the 1960 large- and small-dated Lincoln cent, and the 1982 large- and small-dated series both in copper and copper-zinc cents minted.
Like other coins, the value of errors is based in part on rarity and condition. In general, lower denomination errors are less expensive than higher denomination errors simply because more such coins are minted resulting in available errors. Due to improvements in production and inspection, modern errors are more rare and this impacts value. [3]
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).
Usually when errors happen during the production process, they lead to a decrease in value of the manufactured item. But when they happen at the U.S. Mint, they could lead to an item ballooning in...
One of the most famous Doubled Die cent errors occurred in 1955, according to the Numismatic Guaranty Company. Today, these mistakenly-made pennies have a retail value ranging from $1,000 to ...
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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
Error, many counterfeits exist 1923 (P) 74,723,000 S 8,700,000 ... Lincoln Memorial cent, 1962–1982 (Bronze except as noted) Year Mint Mintage Comments 1962
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