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The first elongated coins were made by a die and metal rollers. The first elongated coins in the United States were created at the World's Columbian Exposition, held in 1893 in Chicago, Illinois. [1] Several designs [2] were issued to commemorate the fair, and are available in the elongated coin collecting community today. [3]
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]
A real King Mita of Phrygia lived in the 8th century BC [10] but coins were not invented until well after the Phrygian kingdom collapsed. Aylettes’ association with the Midas mythology came about because Lydian electrum came from the river Pactolus in which King Midas supposedly washed away his ability to turn all he touched into gold. [11]
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).
One thing to keep in mind about modern pennies is that 2009 was a special year in that it marked 200 years since the birth of Abraham Lincoln, whose image first appeared on the front of the penny ...
A "1955 doubled die Denver mint penny" is a plot device in the American movie UHF; when R. J. Fletcher cruelly gives a penny to a beggar, the beggar realizes its value and uses the money earned from trading it in to save a local TV station that Fletcher was hoping to buy out. Although the Denver mint did produce some doubled die pennies in 1955 ...
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 ...
The Lincoln cent (sometimes called the Lincoln penny) is a one-cent coin that has been struck by the United States Mint since 1909. The obverse or heads side was designed by Victor David Brenner, as was the original reverse, depicting two stalks of wheat (thus "wheat pennies", struck 1909–1958).