Shield penny

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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.

Shield penny

After , the U. Mint started a new program for the long-standing Lincoln cent series. In , coins were issued with the same Victor D. Brenner obverse, but with 4 different bicentennial reverses depicting different periods in Lincoln's life. Starting in , a Shield reverse replaced the former Memorial. Show More Hide More. The prices listed in our database are intended to be used as an indication only. Users are strongly encouraged to seek multiple sources of pricing before making a final determination of value. CDN Publishing is not responsible for typographical or database-related errors. Your use of this site indicates full acceptance of these terms. The D.

Demand for the cent continued to increase when a luxury tax was instituted, and cents were needed to make change, shield penny. Leach contacted Brenner to ask his fee for designing the 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.

Coins Guide. This post may contain affiliate links. If you buy thru these links, we may earn a commission at no additional cost to you. The Lincoln cent, which turned years old that year, bears a shield on the reverse. The Shield cent is 1 of 18 original concepts that U. Mint artists created for the new United States coin.. Several proposed design topics for the new penny were considered, including:. The final choice for the reverse design of the Lincoln cent ultimately lied in the hands of the U.

Shield penny

Shield Pennies were minted from to the present year. They are composed of Each penny weighs 2. Most of these coins aren't valuable and they are only worth a premium in uncirculated condition. Different series are available. The pennies with no mint mark were minted out of Philadelphia. Pennies with the D mint mark were minted out of Denver. Pennies with the S mint mark are proof coins minted out of San Francisco.

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Copper prices began to rise in , to such an extent that the intrinsic value of the coin approached a cent, and citizens began to hoard cents, hoping to realize a profit. Roosevelt had admired a plaque of Lincoln which the artist had produced. A popular coin was the British penny, which our cent is named after. Seated Liberty — I have to inform you that I was not satisfied with the first proof of the Lincoln cent. August 8, Brenner mentioned in his correspondence with Leach that the President had liked his Lincoln design; there is no evidence Brenner considered any other concept for the piece. After , the U. Under date on obverse. The shield design symbolizes the U. Brenner's initials, which he had placed at the base of the reverse, immediately became a source of controversy—on the afternoon of August 2 , The Washington Star queried the Treasury as to the initials. Denver filled its orders by striking with a worn-out obverse die, which impressed the design fainter than usual. Eventually, we anticipate that the price of these will even out and land right at face value. The Lincoln craze sparked by the centennial had not yet subsided, and there was widespread speculation about the coin's design.

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I have to inform you that I was not satisfied with the first proof of the Lincoln cent. With change short, hoarding extended to the cent, which also became scarce in circulation. Circulating coinage of the United States. Seated Liberty — Brenner obverse, but with 4 different bicentennial reverses depicting different periods in Lincoln's life. The composition of the coin was changed again slightly in Two and a half cent piece 2. David About the Mint Circulating Coins U. Archived from the original on January 27,