The Lincoln cent is also named the lincoln penny is a one-cent coin developed and launched by the United States mint in 1909. The coin sides were designed by Victor David Brenner, and the original design indicates two stalks of wheat ( “wheat pennies”, from 1909–1958). The coin has come across several designs and models by different governments and now one Lyndall depicting a Union shield. All coins in use by the United States government value 1/100 of a dollar are known ascents because the United States has produced the coins using decimals value. The penny nickname is one pronounced in England, which was in the use of decimals for coins value in 1971.
Value rate of coin
Wheat cents (wheat pennies were designed between 1909 and 1956) and are worth from 4 to 5 cents. the better condition coins can have double-digit value. Some examples (coins in perfect condition) can be more valuable. Indian pennies of 1859 to 1879 are usually worth $10 and much more. The Lincoln Penny was popularly called the “Wheat Penny” because of the features of two stalks of wheat on the coin. The Wheat Cent design was in use until 1958 when it was changed to the Memorial design. The design showed two sheaves of wheat, framing the letters ONE CENT, and the UNITED STATES OF AMERICA. The one on the design is Lincoln’s cheekbone and jaw, on the tips of the wheat stalks.
Declaration of the coins
One Sunday morning, December 21, 1958, President Eisenhower’s press secretary, James Hagerty announced a press release that a new back design for the cent began production on January 2, 1959. The model design, by Frank, had been started by the Treasury in consultation with the Lincoln Sesquicentennial Commission. With the permission of the President and Secretary of the Treasury Robert Anderson, the new design had the Lincoln Memorial in Washington. The redesign was a shocking surprise because the word on the design had not been declared. The coin was officially released on February 12, 1959, on the 150th anniversary of Lincoln’s birth, but some pieces started its circulation a little early.