rsb408

2 years ago

COINS

United States One Cent Coin

Key Facts & Value

Key Fact

Historical significanceThe Lincoln penny was first minted in 1909 to commemorate the 100th anniversary of Abraham Lincoln's birth. This coin introduced the image of Lincoln on U.S. currency, a significant honor for the 16th President.

Design originDesigned by Victor David Brenner, the Lincoln penny features a highly detailed portrait of Lincoln on the obverse, while the reverse originally showcased two stalks of wheat, symbolizing prosperity.

Material changesInitially made of 95% copper, the composition of the Lincoln penny changed in 1982 to primarily zinc due to rising copper prices, altering its weight and appearance.

Value Fact

The value of the Lincoln penny can vary significantly based on its condition, rarity, and specific year of minting. While common examples may only be worth a few cents, rare or well-preserved specimens can fetch hundreds or even thousands at auction. Collectors often seek out unique mint marks and error coins, which can greatly inflate a penny's market value.

Factors contributing to the value of the Lincoln penny include historical significance, rarity, and demand among collectors, as well as the condition of the coin itself.

Item Details

Official Details

CategoryCoins

Brand-

Character-

Length-

Width-

Weight2.5 grams

PersonAbraham Lincoln

Coins TypeCirculating Coin

DenominationOne Cent

CurrencyUSD

Obverse DescriptionLincoln portrait

Obverse CreatorVictor David Brenner

Reverse DescriptionWheat ears

Reverse CreatorVictor David Brenner

Mint or Printing PressPhiladelphia Mint

Diameter19.05 mm

Thickness-

Production TypeCirculation

Edge TypeSmooth

Mintage-

Coins Topic/ThemeHistorical

Country / EmpireUnited States

Start Year1909

End Year-

Coin Product NameLincoln Penny

Mint MarkP

Obverse ObjectsPortrait

Reverse ObjectsWheat

ShapeRound

MaterialCopper, Zinc

Design Variation-

Design Variation Details-

Year Displayed-

Variation Details

Grading Company-

Grade-

Coins Error-

AlignmentMedal

rsb408 Details

Certification Number-

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