Tuesday, November 30, 2010

Coins of the United States Dollar


Top row: Sacagawea Dollar, Lincoln Cent, and Roosevelt Dime.
Bottom row: Kennedy Half Dollar and Westward Journey Series Jefferson Nickels
2005 State Quarters: California, Minnesota, Oregon, Kansas, and West Virginia
United States coinage was first minted by the new republic in 1792. New coins have been produced every year since then and they make up a valuable aspect of the United States currency system. Today circulating coins exist in denominations: $0.01, $0.05, $0.10, $0.25, $0.50, and $1.00. Also minted are bullion and commemorative coins. All of these are produced by the United States Mint. The coins are then sold to Federal Reserve Banks which in turn are responsible for putting coins into circulation and withdrawing them as demanded by the country's economy.

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[edit] Current coinage

Today four mints operate in the United States producing billions of coins each year. The main mint is the Philadelphia Mint, which produces circulating coinage, mint sets and some commemorative coins. The Denver Mint also produces circulating coinage, mint sets and commemoratives. The San Francisco Mint produces regular and silver proof coinage, and produced circulating coinage until the 1970s. The West Point Mint produces bullion coinage (including proofs). Philadelphia and Denver produce the dies used at all of the mints. The proof and mint sets are manufactured each year and contain examples of all of the year's circulating coins.
The producing mint of each coin may be easily identified, as most coins bear a mint mark. The identifying letter of the mint can be found on the front side of most coins, and is often placed near the year. Unmarked coins are issued by the Philadelphia mint. Among marked coins, Philadelphia coins bear a letter P, Denver coins bear a letter D, San Francisco coins bear a letter S, New Orleans coins bear a letter O and West Point coins bear a letter W. S and W coins are rarely, if ever, found in general circulation, although S coins bearing dates prior to the mid-1970s are in circulation. CC and D mint marks were used for a short time in the early-to-mid-nineteenth century by temporary mints in Carson City, Nevada and Dahlonega, Georgia, respectively; all such coins are now in the hands of collectors and museums.

[edit] Coins in circulation

Value Image Common Reference
Obverse Reverse Diameter Thickness Mass Composition Edge Obverse Reverse
$0.01 2010 cent obverse.jpg Wheat Penny.jpg 19.00 mm 1.55 mm 1909-1982
3.11 g
copper 95%
tin/zinc 5%1
Plain Abraham Lincoln Wheat 1909–1958 wide2 Wheat Penny, Penny, Cent
2005 Penny Rev Unc D.png 19.05 mm Lincoln Memorial 1959–2008 wide
see article: 2009 Redesign 1982-
present
2.50 g
core:
zinc 97.5% plating:
copper 2.5%1
Lincoln bicentennial series 2009
2010 cent reverse.jpg Union shield 2010–present
$0.05 Jefferson-Nickel-Unc-Obv.jpg US Nickel Reverse.jpg 21.21 mm 1.95 mm 5.00 g copper 75%
nickel 25%3
Plain Thomas Jefferson Monticello 1938–1942, 1946–2003 wide Nickel
see article: Westward Journey nickel Westward Journey Series 2004–2005
2006 Nickel Proof Obv.png 2006 Nickel Proof Rev.png Monticello 2006–present
$0.10 2005 Dime Obv Unc P.png 2005 Dime Rev Unc P.png 17.91 mm 1.35 mm 2.268 g copper 91.67%
nickel 8.33%4
118 reeds Franklin D. Roosevelt Torch, oak branch, olive branch 1946–present wide Dime
$0.25 Washington Quarter 79.PNG USQuarter1a.jpg 24.26 mm 1.75 mm 5.67 g 119 reeds George Washington Bald Eagle 1932–1974, 1977–19985 wide Quarter
1976 Bicentennial Quarter Rev.png Bicentennial colonial military drummer (1975) 19765
2006 Quarter Proof.png See article: 50 State Quarters State Quarter Series 1999–2008
See article: D.C. and U.S. Territories Quarters D.C. and U. S. Territories Quarters 2009
See article: America the Beautiful Quarters America the Beautiful Quarters 2010–2021
$0.50 2005 Half Dollar Obv Unc P.png 2005 Half Dollar Rev Unc P.png 30.61 mm 2.15 mm 11.34 g 150 reeds John F. Kennedy Seal of the President of the United States surrounded by 50 stars 1964–1974, 1977–present5 limited6 Half dollar, 50-cent piece
Kennedy200coinback.png Independence Hall (1975) 19765
$1 1999 SBA Obv P.png 1999 SBA Rev P.png 26.50 mm 2.00 mm 8.10 g reeded Susan B. Anthony Apollo 11 mission insignia 1979–1981, 19998 limited6 SBA, Suzie B.
SacDollar.jpeg United States one dollar coin, reverse.jpg 26.50 mm 2.00 mm 8.10 g copper 77%
zinc 12%
Manganese 7%
nickel 4%
plain Sacagawea Bald Eagle in flight 2000–2008 Gold(en) dollar, Sacajawea, Sackies
see article: Native American $1 Coin Act Plain w/ incused inscriptions Native American Themes 2009–present
see article: Presidential $1 Coin Program7 LineartPresRev.png Each deceased president Statue of Liberty 2007–present Gold(en) dollar
These images are to scale at 2.5 pixels per millimeter. For table standards, see the coin specification table.

[edit] Remarks

2005-Penny-Uncirculated-Obverse-cropped.png
2006 Nickel Proof Obv.png
2005 Dime Obv Unc P.png
2006 Quarter Proof.png
2005 Half Dollar Obv Unc P.png
James Madison Presidential $1 Coin obverse.png
  1. The mass and composition of the cent changed to the current copper plated zinc core in 1982. Both types were minted in 1982 with no distinguishing mark. Cents minted in 1943 were struck on planchets punched from zinc coated steel which left the resulting edges uncoated. This caused many of these coins to rust. These "steel pennies" are not likely to be found in circulation today, as they were later intentionally removed from circulation for destruction.
  2. The wheat ear cent was mainstream during its time. Some dates are rare, but some can still be found in circulation.
  3. Nickels produced from mid-1942 through 1945 were manufactured from 56% copper, 35% silver and 9% manganese. This allowed the saved nickel metal to be shifted to industrial production of military supplies during World War II.
  4. Prior to 1965 and passage of the Coinage Act of 1965 the composition was 90% silver and 10% copper. The half-dollar continued to be minted in a 40% silver-clad composition between 1965 and 1970. Dimes and quarters from before 1965 and half-dollars from before 1971 generally don't remain in circulation due to being removed for their silver content.
  5. In 1975 and 1976 bicentennial coinage was minted. Regardless of date of coining, each coin bears the dual date "1776-1976". The Quarter-Dollar, Half-Dollar and Dollar coins were issued in the copper 91.67% nickel 8.33% composition for general circulation and the Government issued 6-coin Proof Set. A special 3-coin set of 40% silver coins were also issued by the U.S. Mint in both Uncirculated and Proof.
  6. Use of the Kennedy half-dollar, Susan B. Anthony and Sacagawea dollars is not as widespread as that of other coins in general circulation; most Americans use quarters, dimes, nickels and pennies only. Coins are minted for general release through banks and other financial institutions, and are also available for collectors in uncirculated rolls, mint sets and proof sets from the United States Mint.
  7. The Presidential Dollar series will feature portraits of all deceased U.S. Presidents with four coin designs issued each year in the order of the president's inauguration date. These coins began circulating on February 15, 2007.
  8. The Susan B. Anthony dollar coin was minted from 1979–1981 and 1999. The 1999 minting was in response to Treasury supplies of the dollar becoming depleted and the inability to accelerate the minting of the Sacagawea dollars by a year. 1981 Anthony dollars can sometimes be found in circulation from proof sets that were broken open, but these dollars were not minted with the intent that they circulate.

[edit] Bullion coins

Non-circulating bullion coins have been produced each year since 1986. They can be found in silver, gold and also platinum since 1997. The face value of these coins is legal as tender, but does not actually reflect the value of the precious metal contained therein.
Type Diameter Fineness Face Value Content
American Silver Eagle 40.6 mm 999 fine silver $1 1.00 troy ounce (~31.10 grams)
American Gold Eagle 16.5 mm
22.0 mm
27.0 mm
32.7 mm
916 fine gold (22 karat) $5
$10
$25
$50
0.10 ozt (~3.11 g)
0.25 ozt (~7.78 g)
0.50 ozt (~15.6 g)
1.00 ozt (~31.10 g)
American Platinum Eagle 16.5 mm
22.0 mm
27.0 mm
32.7 mm
999.5 fine platinum $10
$25
$50
$100
0.10 ozt (~3.11 g)
0.25 ozt (~7.78 g)
0.50 ozt (~15.56 g)
1.00 ozt (~31.10 g)
American Buffalo 32.7 mm 999.9 fine gold (24 karat) $50 1.00 ozt (~31.10 g)
America the Beautiful Silver Bullion Coins 76.2 mm 999 fine silver 25¢ 5.00 ozt (~155.5 g)

[edit] Commemorative coins

Modern commemoratives have been minted since 1982. A complete list is available here.
Composition of US Modern Commemorative Coins
Type Total Weight Diameter Composition Precious Metal Content
Half Dollar 11.34 g 30.61 mm (1 in) Cu 92%, Ni 8% none
Dollar 26.73 g 38.1 mm (2 in) Ag 90%, Cu 10% silver 24.057 g (~0.773 ozt)
Half Eagle 8.359 g 21.59 mm (1 in) Au 90%, Ag 6%, Cu 4% gold 7.523 g (~0.242 ozt)
Eagle 16.718 g 26.92 mm (1 in) Au 90%, Ag 6%, Cu 4% gold 15.05 g (~0.484 ozt)
First Spouse Eagle Bullion 14.175 g 26.49 mm (1 in) Au 99.99% gold 14.175 g (~0.456 ozt)

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