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8 Things You Didn't Know About the Penny

First U.S. Coin: The penny was the first currency authorized by the United States government. The first penny, known as the Fugio cent, was designed by Benjamin Franklin and issued in 1787.

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Lincoln's Image: Abraham Lincoln was the first historical figure to be featured on a U.S. coin when his likeness appeared on the penny in 1909, commemorating the 100th anniversary of his birth.

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Wheat Reverse: From 1909 to 1958, the reverse side of the penny featured two ears of wheat, earning it the nickname "wheat penny."

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Copper Content: Before 1982, pennies were made mostly of copper. Due to rising copper prices, the composition was changed to 97.5% zinc and 2.5% copper, with only a thin copper plating.

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Memorial Reverse: From 1959 to 2008, the reverse side of the penny depicted the Lincoln Memorial, introduced to mark the 150th anniversary of Lincoln's birth.

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Union Shield Design: Since 2010, the reverse of the penny features a union shield with 13 stripes and the inscription "One Cent," representing Lincoln's preservation of the United States as a single country.

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No Penny in 1943: Due to a copper shortage during World War II, the U.S. Mint produced pennies from zinc-coated steel. These "steel pennies" are magnetic and have a distinct appearance.– 

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1Rare and Valuable Pennies: Certain pennies are highly valuable to collectors. For example, the 1943 copper penny (an error coin) and the 1955 doubled die penny are worth significantly more than face value.

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