The Penny (U.S. coin) reference article from the English Wikipedia on 24-Jul-2004
(provided by Fixed Reference: snapshots of Wikipedia from wikipedia.org)

Penny (U.S. coin)

Have you considered sponsoring a child
Cent (United States)
Value: US dollars
Mass: g
Diameter: mm
Thickness: mm
Edge: plain
Composition: Copper-plated Zinc
97.5% Zn, 2.5% Cu
Obverse
Image:USCent.jpeg
Design: Abraham Lincoln
Designer: V.D. Brenner
Design Date: 1909
Reverse
Design: Lincoln Memorial
Designer: Frank Gasparro
Design Date: 1959


The United States one-cent coin, commonly called a penny, is a unit of currency equaling one 1/100 of a United States dollar.  Its current design features the profile of President Abraham Lincoln on the obverse and the Lincoln Memorial on the reverse. The Lincoln obverse design has been in place since 1909, when it was added to commemorate the centennial of Lincoln's birth. The original artist who executed Lincoln's portrait was Victor David Brenner. The reverse design, executed by Frank Gasparro, was introduced in 1959, the sesquicentennial of Lincoln's birth.

Coins minted after 1982 consist of 97% zinc, 3% copper, and ones before that were 95% copper, 5% zinc. This was changed because the intrinsic value of the coin started to rise above one cent. In 1943, during the Second World War, they were made of zinc-plated steel (for a short time) due to other demands for copper.

The cent has gone through several designs over its two-hundred year history. Initially, it was much larger than it is today, about the size of the current United States half dollar coin. Despite the prevalence of the common term "penny", the U.S. Mint has never actually minted a coin having that name.

See also


United States currency and coinage
Topics: Federal Reserve note | United States Notes | United States coinage | United States dollar
Currency: $1 | $2 | $5 | $10 | $20 | $50 | $100 | Larger denominations
Coinage: Penny | Nickel | Dime | Quarter | Half-dollar | Dollar