Wheat Usage
understanding The History Of Wheat Coins
In 1909 to 1959, the wheat coin circulated in the US. It was a commemorative coin made by Victor David Brenner that featured Abraham Lincoln on the face of the coin with two stalks of wheat at the back. And if you are coin collector, the wheat coins should never leave your collection.
In the past, wheat coin was considered undesirable in America since it featured a person in the coin. But, because the late Abraham Lincoln was a lot respected and an iconic figure in the American history next to the Statue of Liberty, the circulation of wheat penny has been allowed in the market.
In 1943, the US Mint started making steel pennies using zinc glaze. These coins rusted fast and the zinc coating has worn out quickly. In 1944, copper was then again used to make wheat pennies using recycle gun shell casings.
By 1955, the US Mint made an error with creating 24,000 wheat pennies just before it was make available. Despite the fact that there were errors in the newly manufactured wheat pennies, the US Mint had determined to release the coins in the circulation with view that the mistake on the coin will not be discovered. These errors have increased the interest in coin collection all across America.
Additionally in 1959, in order to credit the 100th Abraham Lincoln's memorial, it was redesigned by Frank Gasparo. The design of Gasparo brought about new variations together with the changing of two wheat stalks within the back of the coin with the icon of Lincoln Memorial.
The Mint had evolve into numerous alloy sorts in 1982 and caused seven major types of the Lincoln Memorial Penny. Many of the wheat pennies these days are held in treasure by many private coin enthusiasts. It was said that the US Mint deemed stopping the production of Lincoln wheat cent after 100 years in circulation due to the high cost in making them as opposed to their precise worth.
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