Cents currently cost about 1.5¢ to produce Nickels cost about 6¢ Quarters cost around a dime Halves are about 12-15¢ Dollars are around 20-25¢ Note that you can't get rich by collecting nickels or pennies and melting them. You'd need enormous quantities to get a reasonable price ... and in any case melting them for profit is a federal crime.
modern money is divisible. the penny, which is the smallest denomination of coin is small enough for almost any purchase
you have a 1943 penny that looks like it is made out of copper, this is how you can authenticate it to tell if it is a genuine 1943 copper penny, or a fake 1943 copper penny. But first of all, be aware that the 1943 penny was issued in zinc-coated steel, because the USA needed copper for the war effort. Any genuine 1943 copper pennies are extremely rare mint errors. Learn more about your silver colored 1943 Steel Penny. The easiest way to tell if your 1943 copper cent is merely a copper-plated steel penny is to test it with a magnet. If the magnet sticks to the penny, it's made of steel which has been dipped or plated in copper. Such a penny is worth about 15 cents as a novelty item. If your 1943 copper colored penny doesn't stick to a magnet, then look at the date carefully (using a magnifying glass, if possible.) If the tail of the 3 doesn't extend well below the "line" of numbers, it is probably a cut-in-half 8. A very common fraud involving the copper 1943 cent is to cut away part of the 8 in the date of a 1948 penny. If the 3 in your date looks like half of an 8, your coin is not a genuine 1943 copper penny. Any time you have a potentially valuable coin, it's always a good idea to take it to a qualified coin dealer for a professional opinion. Most dealers do not charge to have a look at your coins and give you an informal verbal appraisal. More Coins Quick Tips Coin Values Guide
There's no such coin as a "pence". The word is the plural of penny in the British coinage system, so "a pence" would be like saying "a geese".In any case the penny is the smallest denomination; as of 03/2013 it's equivalent to about 1.6 US cents.
produce a product at a lower price than other nations.
The retail value greatly depends on the grade of any coin, this Lincoln cent is a high mintage very common date, likely worth 10 to 25 cents.
The face value of any coin is what is inscribed on the face of it. The face value of a 1 Penny coin is 1 Penny.
A Coin?
The Royal Mint did not produce any gold coins in 1971. The closest in appearance to a gold coin would be the 2 New Pence, 1 New Penny and Half New Penny coins which are all made from bronze and have the denomination of the coins inscribed on the reverse. The 2 New Penny coin is 25.91 mm in diameter and has the Welsh plumes on the reverse. The 1 New Penny coin is 20.32 mm in diameter and has a crowned portcullis on the reverse. The Half New Penny coin is 17.14 mm in diameter and has a crown on the reverse.
You mean a 1941-D wheat penny? They are pretty common and can be bought at any coin shop for under 10 cents or rarely found in pocket change.
It's just a penny, letters or numbers added to any coin kills the collectible value of the coin.
The year of any coin does not determine the grade that's judged by how much wear the coin has.
Any collector value would be entirely dependent on the year and condition of the coin.
San Francisco didn't mint any cents for circulation in 1963. If your coin has no mint mark or a D, it's worth a penny. If it's another date, please check again and post a new question.
The US Mint did not produce any pennies in 1790. Please examine your coin again and then submit a new question with more information.
The value of any coin is determined by a number of necessary bits of information. One of those bits is the exact date of the coin.
Any signs of wear indicate coin circulation. Look at the year the penny was made, and compare the it with the wear. You can definitely tell if a penny has been used just by looking at it.
The US mint never made any such coin. It is a privately made coin. The value will simply depend on what the coin was symbolizing and what a dealer is willing to pay.