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Currency

In April of 2006, an avid coin collector released three of his extremely rare, and valuable, pennies into circulation. As of January 13th, 2009, no one has come forth saying they have found them.

Noted coin dealerĀ Scott Traversannounced three years ago he had released three rare and valuable pennies into circulation, but none of the coins has been reported found.

“Not only does it appear that these three pennies are out there waiting for someone to cash them in for a pretty penny, there are lots of others that are just like them that are out there,” said Travers, author of the book “One-Minute Coin Expert.”

In a bid to encourage a new generation of coin collectors, Travers parted with the three one-cent coins in April 2006.

The pennies include;

  • 1914-D Lincoln Cent worth $300
  • 1909-S V.D.B. Lincoln Cent worth $1,000
  • 1908-S Indian Cent worth $250

[From NY Daily News]

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1943 Copper Penny

December 3, 2008

The 1943 copper penny is very rare. In 1943 the US Mint produced steel pennies but a few copper blanks left in the press were accidentally stamped and circulated.

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Origin of the Word Dollar

The United States dollar derives from the Spanish 8 reales coin which was composed of just under one ounce of silver. This coin was popular among American colonists, who called it the Spanish dollar, the name having derived from a German coin of similar size and composition known as the thaler.
[wikipedia]

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The Cost of a Penny

“During the early 1970s, the price of copper rose to a point where the penny almost contained more than one cent’s worth of copper. This led the Mint to test alternate metals, including aluminum and bronze-clad steel. Aluminum was chosen, and over 1.5 million of these were struck and ready for public release before ultimately [...]

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The Philadelphia Mint

“The Philadelphia Mint has the capacity to produce 1.8 million coins an hour, 32 million coins per day, and 13.5 billion coins every year.”
www.ushistory.org

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The Worlds Most Expensive Cities

“London is the most expensive city in the world due to the UK capital’s high cost of renting. some say it may be also due to the value of Pound Sterling. If rents are excluded, Oslo, Copenhagen, Tokyo and Zurich are among the most costly cities in the world.”
[source]

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Seven Billion Pennies

“In the year 2005 the United States Mint produced over seven billion pennies. The mint produces more pennies than any other coin denomination.”
[source]

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How Many Ridges on a Quarter?

“There are 119 ridges on the edge of a US quarter.”
[source]

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