Lincoln Coin and Bullion is a precious metals dealer that has served the city of Lincoln for eight years. They offer competitive prices and excellent service. They also buy and sell gold and silver bullion bars and other unique collectibles.
Abraham Lincoln was a great American leader and orator who preserved the Union and abolished slavery. His legacy is reflected on the penny, which features his image.
Abraham Lincoln
Lincoln Coin and Bullion is a precious metals merchant based in central Lincoln, Nebraska. They specialize in rare coins and bullion bars, as well as numismatics and collectibles. They also offer a wide range of services, including appraisals and investment advice.
The fact that single silver bullion and weight findings have been recorded at sites in the Yorkshire Wolds, northern Essex and Lincolnshire indicates that this dual monetary system was widely employed across Danelaw. The location of these finds suggests that the system was well adapted to the exchange of both large-scale items (such as animals and bulk food supplies) and premium-value transactions such as bride riches.
It is difficult to establish the basics of a dual economic system from just these single finds. The two currencies must co-exist in time and place to be considered as part of a viable dual currency economy. However, the existence of this dual monetary system is still significant.
Victor Brenner
Having been taught gem engraving and seal engraving by his father, Brenner moved to America in 1890 at the age of nineteen. He enrolled in art classes at Cooper Union and became one of the nation’s premier medalists. Upon learning of the upcoming centennial celebration, President Theodore Roosevelt asked Brenner to submit a design for a new Lincoln wheat penny.
Brenner produced a plaster portrait that was 610 mm or 24 inches in diameter. It was a common practice at the time for artists to produce large models to get as much detail as possible when they were reduced using a Janvier reducing machine.
The Mint commissioned Brenner to produce the final design, which would become the longest-running coin design in US history. The 1909 VDB Lincoln Wheat Penny is still in circulation today. The only difference is that the initials of the artist, Victor David Brenner, are now removed from the coin’s obverse. They reappear on the reverse between the wheat ears, but are much smaller than they were on the original design.
Copper Penny
The penny is perhaps the most common coin in the United States. Many households have hundreds of them squirreled away in piggy banks, jars, and drawers. Despite their ubiquity, most people don’t know much about them or the history of our country’s currency.
When the penny first appeared in 1909, it was the first American coin to feature a president’s portrait. Its obverse depicted an image of Abraham Lincoln designed by Victor David Brenner, and the reverse showed two sheaves of wheat.
The penny remained unchanged until 1959, when the Mint introduced a new reverse design to mark Lincoln’s centennial. The new design featured the imposing marble Lincoln Memorial, with the inscriptions E Pluribus Unum and UNITED STATES OF AMERICA. From 1959 until 1982, the copper penny was composed of 95% copper and a 5% mixture of tin and zinc. From 1983 to present, the alloy used to make the one-cent coins is 97.5% zinc plated with a thin layer of copper.
Steel Penny
The 1943 steel wheat penny is considered one of the rarest Lincoln cents. This coin is made of 95% copper and 5% zinc. It is a popular coin among collectors and can be worth a lot of money. However, it is important to know that these coins are often faked or altered.
In 1909, the US Mint decided to replace the Indian Head pennies with a new design featuring Abraham Lincoln. The design was created by Victor David Brenner. The new coin was met with resistance from many people. Some were against the idea of honoring a Civil War hero on a cent while others felt that the old Indian Head penny was still useful.
The mint also faced some opposition from the vending machine lobby who were worried that the new coin would not work in their machines. Despite this, the coin was a success. It remained in circulation until 1959 when it was replaced with a design commemorating the Lincoln Memorial by Frank Gasparro.
