One Penny GBP in 1908 had the purchasing power of about £0.29 GBP today.
One Penny GBP in 1960 had the purchasing power of about £0.06 GBP today.
One Penny GBP in 1990 had the purchasing power of about £0.017 GBP today.
One Penny GBP in 2006 had the purchasing power of about £0.011 GBP today.
One Penny GBP in 2007 had the purchasing power of about £0.011 GBP today.
1908
Based on melt value alone, any Lincoln cents minted before 1982 are worth about 2 cents each for their copper content.
1960 pennies are worth more. Wrong!.... 2008 are worth more... its about quantity not YEAR Clever. But I would point out that the 1990 pennies would probably be worth the most due to the fact that they contain more copper =)
1908 pennies Cents from 1908 have a collector value of at least 75¢, probably more. 1960 cents are made of copper but are so common that they aren't worth more than maybe 2 or 3 cents unless they're uncirculated. Cents made from mid-1982 to today are copper-coated zinc and are worth 1 to 1.5 cents as scrap. Besides, it's illegal to melt them. NOTE: This question is a typically a trick question. Consider that the year numbers are actually just numerical values, since there is no part of question that specifically states the numbers are years. In that case, two-thousand and seven (2007) pennies are worth $20.07; more than 1908 pennies which are only worth $19.08. Each penny is only worth a cent.
The 1908 penny is likely worth the most, as it may be considered a collectible due to its age. The 1960, 1990, 2006, and 2007 pennies are likely only worth face value unless they are in mint condition or have a rare error.
Well, this is a trick question. There is no inflation involved here, but it's made to look like that. When you think about it, the numbers are numbers and not years, so 2,007 are 1 cent more than 2,006. -XD
Pennies from 1908 in good shape can vary in value depending on their condition and mint. Generally, a well-preserved 1908 Indian Head penny can be worth around $1 to $5, while a 1908 Lincoln wheat penny can be valued at $0.50 to $3. It's best to have a coin appraiser assess the coin for a precise value.
Indian cents from 1890 on are the most common dates, with 2 exceptions -- the 1908 & 1909 IF they have an "S" mintmark on the back. In circulated condition, with no problems, these are worth about $1.00 apiece. The 1908-S is worth about $45.00 The 1909-S is worth $250-$300
King Edward VII was king in 1908, there are no King George 1908 Pennies.
The copper in a US cent made before 1982 is worth almost 2 cents. Those made after 1982 are worth much less than 1 cent (but the cost of producing them is about 1.5 cents). Both types were made in 1982. But before you start sorting your pre- and post 1982 pennies, you should know that there is an administrative order prohibiting the "melting or exporting of large numbers of one and 5 cent coins" which could result in a fairly large fine.
Of course! In the U.S., the first cents were made in 1793. In England, pennies date back to the Middle Ages.
i want to know how much a 1908 sears and roebuck catalog is worth.