Lincoln Cent
The Lincoln cent is the current one cent coin of the U.S. dollar. It was adopted in 1909, replacing the Indian Head cent. Its obverse, featuring a bust of Abraham Lincoln (to commemorate the centennial of his birth), has been in continuous usage. Its reverse was changed in 1959 from a wheat stalks design to a design which includes the Lincoln Memorial (to commemorate Lincoln's sesquicentennial) and was replaced again in 2009 with four new designs to commemorate Lincoln's bicentennial. There are more one-cent coins produced than any other denomination, which makes the Lincoln cent a familiar item. In its lifespan, this coin has weathered both world wars, one of which temporarily changed its composition as part of the war effort. The obverse is the longest design used for any circulating American currency.
Read more about this topic: Penny (United States Coin)
Famous quotes containing the words lincoln and/or cent:
“If I had my way, this war would never have been commenced. If I had been allowed my way this war would have been ended before this.”
—Abraham Lincoln (1809–1865)
“The question for the country now is how to secure a more equal distribution of property among the people. There can be no republican institutions with vast masses of property permanently in a few hands, and large masses of voters without property.... Let no man get by inheritance, or by will, more than will produce at four per cent interest an income ... of fifteen thousand dollars] per year, or an estate of five hundred thousand dollars.”
—Rutherford Birchard Hayes (1822–1893)