U.S. pennies from the 1950s are extremely common, worth around 3 cents each.
Pennies from 1982 and before were all copper
The silver-colored metal is actually zinc. Silver is far too expensive to use in pennies. If a cent were made of silver it would be worth over a dollar at today's prices.
In 1950 the US mint at Philadelphia struck 272,686,386 cents for circulation and 51,386 proof cents for proof sets. In 1950 the US mint at Denver struck 334,950,000 cents for circulation. In 1950 the US mint at San Francisco struck 118,505,000 cents for circulation. In 1950 the total number of cents struck was 726,192,772
No. In 1959 to commemorate the 150th anniversary of the birth of Abraham Lincoln, the reverse side of the Wheat Cent was redesigned and featured an image of the Lincoln Memorial. These cents came to be known to collectors as "Lincoln Memoriasl Cents"
Pennies minted in this time were made of more copper than the pennies minted today. These pennies (made of 95% copper) are technically only worth the face value. However, while it is not yet legal to melt them down, they contain a higher metal value of about $0.0254 or 2.54 cents. Some of the older coins, especially those in great condition, are worth closer to 3 or 4 cents.
Pennies from 1982 and before were all copper
There are 16 pennies in 16.00 pennies. If you meant $16 by writing 16.00, then there are 16 x 100 = 1600 pennies
Because pennies from 1950 were made out of bronze and weighed 3.11 gm, while the ones made in 2002 are made of zinc with a thin copper coating and weigh 2.5 gm.
In 1950, US cents were made of a bronze alloy containing 95% copper with the remaining 5% being a varying mixture of tin and zinc.
copper is too expensive and limited.
Common circulated coins from the 1950's are still only 3 to 5 cents.
Food was definitely less expensive in the UK in 1982 than it is in 2014. A loaf of bread was about 32 pennies while a pint of beer was about 73 pennies. A pint of milk was about 20 pennies at this time.
a big mac 2 fifty cent pieces 100 wheat pennies
The silver-colored metal is actually zinc. Silver is far too expensive to use in pennies. If a cent were made of silver it would be worth over a dollar at today's prices.
The value of a penny with no mint mark is generally one cent. These pennies are the common cents that were minted in Philadelphia. Older (i.e. pre-1950) Philadelphia cents can be worth more but it depends on their date and condition.
In 1950 the US mint at Philadelphia struck 272,686,386 cents for circulation and 51,386 proof cents for proof sets. In 1950 the US mint at Denver struck 334,950,000 cents for circulation. In 1950 the US mint at San Francisco struck 118,505,000 cents for circulation. In 1950 the total number of cents struck was 726,192,772
the bank!