70 Years After A Boy Found A Rare Penny, The Item Sold For Hundreds Of Thousands Of Dollars

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Image: Mrmiscellanious

The year 1909 then saw the replacement of the Indian Head one-cent coin with the Lincoln penny. As you may have realized, this is the very design that is so familiar to us today. And 1909 was a particularly significant year because it marked the centenary of President Abraham Lincoln’s birth.

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Image: Nauticashades

The 1909 Lincoln cent was also known as the Wheat cent because of the heads of grain that decorated its reverse side. And this coin had yet another metal composition, with the penny having been made up of 95 percent copper since 1864. The other five percent was composed of tin and zinc.

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