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If it takes only two seconds extra for each transaction that uses a penny, the cost of time wasted in the US is about $3.65 per person annually, or about one billion dollars for all Americans. Using a different calculation, Robert Whaples , a professor of economics at Wake Forest University , estimates a $300 million annual loss. [14]
Even if you can’t find pennies from this era worth hundreds of dollars, it’s not unusual to find varieties worth between $5 and $30 across all years, according to prices listed on the Coin ...
1. 1943-D Lincoln Bronze Wheat Penny — $2.3 million. Designed by Victor D. Brenner, this is one of the highest-value pennies in circulation today. During World War II, pennies were made of steel ...
A Guide Book of United States Coins (the Red Book) is the longest running price guide for U.S. coins. Across all formats, 24 million copies have been sold. [2] The first edition, dated 1947, went on sale in November 1946. Except for a one-year hiatus in 1950, publication has continued to the present. R. S. Yeoman was the founding compiler of ...
The cent, the United States of America one-cent coin (symbol: ¢ ), often called the " penny ", is a unit of currency equaling one one-hundredth of a United States of America dollar. It has been the lowest face-value physical unit of U.S. currency since the abolition of the half-cent in 1857 (the abstract mill, which has never been minted ...
Currently, auctions are asking between $2 and $3 per pound for quantities of 10 to 25 pounds of coins. One auction featured 100,000 pennies -- weighing about 680 pounds -- that sold for $1,500 ...
Trillion-dollar coin. The trillion-dollar coin is a concept that emerged during the United States debt-ceiling crisis of 2011 as a proposed way to bypass any necessity for the United States Congress to raise the country's borrowing limit, through the minting of very high-value platinum coins. The concept gained more mainstream attention by late ...