Penny us coin

Official websites use. Share sensitive information only on official, secure websites. The person on the obverse heads of the penny is Abraham Lincoln, our 16th president. The current design penny us coin the reverse tails is a Union Shield.

It has been the lowest face-value physical unit of U. The first U. Due to inflation , pennies have lost virtually all their purchasing power and are often viewed as an expensive burden to businesses, banks, government especially mints and the public in general. The penny is issued in its current form as the Lincoln cent , with its obverse featuring the profile of President Abraham Lincoln since , the centennial of his birth. From the sesquicentennial of Lincoln's birth to , the reverse featured the Lincoln Memorial.

Penny us coin

Topic Areas About Donate. That year, the U. Mint circulating coins 31 U. The reverse featured an image of dollar, quarter dollar, dime, nickel, and penny. President Lincoln. These redesigns occurred in for his th birthday and in for his th birthday. Figure 2 shows the , , and pennies. United States Pennies, figures or heads of their Kings upon their coins Now as we have no occasion for this aid to history, nor any pretense to call the money of the United States the money of our Presidents I am certain it will be more agreeable to the citizens of the United States, to see the head of Liberty on their coin, than the heads of Presidents. Penny Designs The first penny was issued in and featured the head of an allegorical woman with flowing hair to symbolize liberty obverse and 15 chain links reverse meant to symbolize the unity of the states. Figure 1 shows the design of the first penny issued by the U. Figure 1. United States Penny, Source: U.

Hidden categories: CS1 maint: bot: original URL status unknown Articles with short description Short description is different from Wikidata Use American English from January All Wikipedia articles written in American English Use mdy dates from January Coin article with no reverse image Articles containing potentially dated statements from All articles containing potentially dated statements Articles containing potentially dated statements from Commons category link is on Wikidata. San Francisco began minting a limited number of circulation strikes [69] which it would cease to do after [70] and began striking proof coins, penny us coin. All cents struck at Philadelphia in received the mint mark, but cents struck penny us coin and thereafter do not, penny us coin.

The Lincoln cent sometimes called the Lincoln penny is a one-cent coin that has been struck by the United States Mint since 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 — The coin has seen several reverse, or tails, designs and now bears one by Lyndall Bass depicting a Union shield. The penny nickname is a carryover from the coins struck in England, which went to decimals for coins in In , sculptor Augustus Saint-Gaudens was hired by the Mint to redesign the cent and the four gold coins, which did not require congressional approval. Two of Saint-Gaudens's proposed designs for the cent were eventually adapted for the gold pieces, but Saint-Gaudens died in August before submitting additional designs for the cent.

Official websites use. Share sensitive information only on official, secure websites. The person on the obverse heads of the penny is Abraham Lincoln, our 16th president. The current design on the reverse tails is a Union Shield. It has been on the penny since The 13 stripes on the shield represent the 13 original states.

Penny us coin

Penny values span a wide range. Wheat pennies begin at 2 cents to highs found with early colonial large cents valued in the thousands. Using a step by step method discovers how much your old pennies are worth. Series are identified along with dates and mintmarks. Condition is judged comparing to images, video and descriptions. Match your coins to each penny series value chart. How to determine penny values begins with identifying the denomination and series.

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Archived from the original on July 12, Retrieved April 17, There was intense public interest in the new cents, especially since the Mint had not permitted images of the new coin to be printed in the newspapers. Brenner objected to the removal of his initials, but his protests were to no avail. Silver Eagle —present Gold Eagle —present Platinum Eagle —present Gold Buffalo —present First Spouse gold —; Palladium Eagle —present America the Beautiful silver bullion coins — American Liberty high relief gold coin —present. USA Today. Many citizens had written to the Treasury Department, proposing a Lincoln coin, and Roosevelt was interested in honoring his fellow Republican. Within the seigniorage amount, the cost to produce a penny was 2. The bronze and copper cents can be distinguished from the newer zinc cents by dropping the coins on a solid surface, or by flipping them in the air with your thumb. Mair, M. Archived from the original on January 21, Archived from the original on January 6, Retrieved June 16,

Although many factors determine the exact value of a coin , you can quickly determine the value of your penny by knowing its type, date, mintmark , and grade. Additionally, the value of a particular coin can vary between markets and coin dealers. If a coin dealer is overstocked with the coin you are trying to sell, she is more likely to offer you less money for it.

United States Penny, Source: U. Two and a half cent piece 2. Within the seigniorage amount, the cost to produce a penny was 2. Liberty Head — Indian Princess — Saint-Gaudens had prominently signed his double eagle on the obverse, and George T. Archived from the original on February 17, A popular coin was the British penny, which our cent is named after. Archived from the original on January 18, This pushed the mint to look for alternative metals again for the coin, and also brought the debate about eliminating the coin into more focus. Read Edit View history. Archived from the original on March 7, Thus in the U. Indian Princess — The law also required that collector's sets, in the same alloy used in , be sold to the public. The bar across the top represents Congress and the federal government.