0
Current estimates by the U.S. Mint place the number of pennies in circulation at around
140 billion. Others have estimated as many as 200 billion currently circulating. Since the
first penny was minted in 1787, until present-day, over 300 billion pennies have been minted
in the United States. So that leaves about 100 billion pennies that have been retired by the
Mint, lost down sewer drains, stored in jars, smashed by trains, or collected by numismatists
in the past 200 years.
Wiki User
∙ 9y ago
Add your answer:
Earn +20 pts
When was the first American penny made?
The first was a privately minted coin called the FUGIO Cent in 1787.
When were pennies first used in the US?
The first us penny was used in 1787 it was called a Fugio Cent
What is the statehood of Delaware?
Delaware is known as the first state since it was first to vote in the affirmative to adopt the constitution.
What compromises have been changed since 1787?
how many of these changes have been adopted since 1787
What is the value of a 1787-1999 US quarter?
The top date of 1787 makes it a Delaware, Pennsylvania, or New Jersey quarter, all of which were actually minted in 1999. The coin is worth 25 cents.
What was the first penny made?
The US penny, named after the British penny or pence was first minted as the US penny around 1787. Pennies in the US were first pressed in copper.CorrectionThe first US coin to carry the denomination 1 cent was the so-called Fugio cent authorized by the Continental Congress in 1787. The first cents issued by the new Federal government were Large Cents made in 1793. Note that coins are said to be minted or struckrather than "pressed".
When was the first American penny made?
The first was a privately minted coin called the FUGIO Cent in 1787.
When were pennies first used in the US?
The first us penny was used in 1787 it was called a Fugio Cent
How old is the oldest penny?
That probably depends what you mean by a "penny". The first US penny was minted in 1787. The first British penny was minted in 790 AD. See Related Links.
What was written on the first penny?
The first penny minted in the United States in 1787 had the phrase "Mind Your Business" inscribed on it.
The first officially sanctioned US coin was a penny called the Fugio Cent minted in 1787 What did Benjamin Franklin pick to be that coin's obverse motto?
Mind Your Business
How many of changes have been adopted since 1787?
how many of these changes have been adopted since 1787
How much pennies are their?
See the link below from the U S Mint. They estimate as much as 200,035,318,672 are currently in circulation. Since the first penny was made in 1787, more than 300 billion have been made according to the US mint. http://www.kokogiak.com/megapenny/twelve.asp
What is the statehood of Delaware?
Delaware is known as the first state since it was first to vote in the affirmative to adopt the constitution.
What compromises have been changed since 1787?
how many of these changes have been adopted since 1787
What is the value of a 1787-1999 US quarter?
The top date of 1787 makes it a Delaware, Pennsylvania, or New Jersey quarter, all of which were actually minted in 1999. The coin is worth 25 cents.
When was the first US penny minted?
First U.S. CentAs explained on the following web page, the first circulation cent struck by the U.S. Mint was the 1793 Flowing Hair Chain Reverse Cent :http://www.coinsite.com/CoinSite-PF/PParticles/01cchain.htmAnswerExperimental cents were minted as early as 1787. Also, Ben Franklin actually suggested the idea.Pennies (coins that actually carry that denomination, as opposed to US cents) were minted in England as far back as the 10th century BCE.
