Tuesday, August 4, 2009

Little known facts about "U.S. Penny"...

* The Lincoln penny is the oldest running U.S. coin still in circulation. Aug 2, 2009 is the 100th anniversary of this coin.

* Almost about 1000 pennies are made per second. Last year 5.4 billion pennies were produced.

* Penny is made of copper and zinc. During the period of world war II different metals were used as copper and zinc was used for ammunition.

* It costs almost 1.4 cents for production of a penny.

* Some stores have started declining to accept pennies as a form of payment.

* Most of the pennies are produced in Philadelphia. Other two mints which produce pennies include San Francisco and Denver.

* American penny derives its name from England, from the Old English pennige, pronounced as penny-yuh.

* The 1943 copper-alloy cent is one of the most valuable Lincoln penny


Via Time

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