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Lincoln Bicentennial

February 21st, 2012 by admin

Knowing The History Of Wheat Coins

In 1909 to 1959, the wheat coin circulated in the US. It was a commemorative coin designed by Victor David Brenner that featured Abraham Lincoln on the face of the coin with two stalks of wheat at the rear. And if you are coin collector, the wheat coins must never leave your collection.

In the past, wheat coin was deemed improper in America since it featured a person in the coin. But, because the late Abraham Lincoln was a lot revered and an iconic figure in the American history next to the Statue of Liberty, the circulation of wheat penny has been permitted in the market.

In 1943, the US Mint started making steel pennies using zinc coating. These coins rusted fast and the zinc coating has worn out quickly. In 1944, copper was then again used to produce wheat pennies by means of recycle gun shell casings.

In 1955, the US Mint made an error with creating 24,000 wheat pennies just before it was make available. Even though there were mistakes in the newly manufactured wheat pennies, the US Mint had determined to release the coins in the circulation with regard that the error on the coin will not be discovered. These errors have increased the attention in coin collection all around America.

In addition in 1959, in order to honor the 100th Abraham Lincoln’s memorial, it was redesigned by Frank Gasparo. The type of Gasparo brought about new variations together with the changing of two wheat stalks found in the back of the coin with the image of Lincoln Memorial.

The Mint had develop into numerous alloy sorts in 1982 and caused seven major kinds of the Lincoln Memorial Penny. Most of the wheat pennies nowadays are held in treasure by many private coin collectors. It was said that the US Mint deemed stopping the production of wheat penny after 100 years in circulation due to the high cost in making them as opposed to their precise worth.

With Malice Toward None: The Abraham Lincoln Bicentennial Exhibition

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