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Fun Facts: The Penny :)

March 2nd, 2005 at 06:26 pm

Last night while in study hall I happened to look down and found two pennies. Without thinking twice, i scooped them up and put it right in my hello kitty coinpurse... thinking to myself "only 98 more to go!" Smile

Pennies are still money.. one penny can make a billionaire or break a bank... hey, you never know!

Anyway...here's the 411 for research buffs like me...


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PENNY DETAILS
The U.S. one-cent coin is 19 millimeters in diameter and weighs 2.5 grams.
The composition of the penny is 97.5% zinc and 2.5 % copper.
There have been 11 different designs featured on the penny.
The U.S. Mint produces over 13 billion pennies annually.
There are over 130 billion one-cent coins currently in circulation.
Since its beginning, the U.S. Mint has produced over 288.7 billion pennies. Lined up edge to edge, these pennies would circle the earth 137 times.
The average penny lasts 25 years.
The most "expensive" penny is a rare one minted in 1793. Only four are known to exist today and their worth is estimated at more than $275,000.
An average of 1,040 pennies are produced every second, adding up to 30 million a day.
During its early penny-making years, the U.S. Mint was so short on copper that it accepted copper utensils, nails and scrap from the public to melt down for the coins.
The Lincoln penny was the first U.S. coin to feature a historic figure. President Abraham Lincoln has been on the penny since 1909, the 100th anniversary of his birth.
The Lincoln penny was the first cent on which appeared the words "In God We Trust."
Over two-thirds of all coins produced by the U.S. Mint are pennies.

5 Responses to “Fun Facts: The Penny :)”

  1. Anonymous Says:
    1109875703

    My mom believes in pennies. If she finds one she is excited. I pick up pennies because of her and you never know how much they are worth, as in putting it in your Savings.

    Jacquelyn

  2. Anonymous Says:
    1109903733

    people underestimate the good old copper penny... it actually costs more to coin than what its face value.. ironic Smile

  3. steven Says:
    1165369759

    See a penny, pick it up, and all day long you'll have good luck! Wink

  4. didi Says:
    1165369883

    A penny has very intricate designs. If you look close enough, at the base of the Memorial there is an FG for Federal Government.

  5. Hiphopanonymous Says:
    1165369997

    SmileSmile I LOVE PENNIES!!!!!!!!!!!!! SmileSmileSmileSmileSmileSmileSmile:

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