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killeen

2 years ago

CURRENCY

Untitled Item Y# 1916

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Key Facts & Value

AI

Key Fact

1
Historical SignificanceThe 1916 Lincoln penny is notable as it was produced during a time of significant social change in the United States. The coin features the portrait of Abraham Lincoln, designed by Victor David Brenner, and was the first U.S. coin to feature a real person rather than a mythological figure.
2
Design FeaturesThe obverse of the coin showcases Lincoln's profile, while the reverse features two stalks of wheat, symbolizing prosperity and abundance. This design was in circulation until 1958, when it was replaced by the Lincoln Memorial design.
3
Minting History1916 was a pivotal year for the U.S. Mint as it marked the beginning of the Lincoln penny's production. The coin was minted in Philadelphia, Denver, and San Francisco, with the Philadelphia mint producing the largest quantity.
4
Cultural ImpactThe Lincoln penny has become a cultural icon in the U.S. and is often associated with good luck. The phrase 'penny for your thoughts' reflects its long-standing presence in American vernacular.

Value Fact

The value of a 1916 Lincoln penny can vary significantly based on its condition and rarity. Uncirculated coins in pristine condition are highly sought after by collectors, leading to higher market prices. Factors such as the coin's grading, mint mark, and historical context greatly influence its worth. Coins that were preserved well can fetch substantial sums at auction, especially among serious numismatists.

The demand for uncirculated versions of this coin skyrockets during significant anniversaries related to Lincoln, reflecting a broader cultural appreciation for his legacy.

Item Details

Official Details

CategoryCurrency
Year1916
Country of OriginUnited States
Length-
Width-
Weight-
DenominationOne Cent
CurrencyCopper
Thickness-
Designer-
Currency SeriesLincoln Cent
Distribution-
Currency Variant-
Printer-
Currency Obverse-
Currency Reverse-
Composition-
Era-
Currency Title-

Variation Details

Grading Company-
Grade-
Krause NumberY# 1916

killeen Details

Certification Number-
Currency Serial Number-
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