The penny is one of the first coins
struck at the U.S. Mint, according to Todd Imhof of Heritage Auctions. It is
one of only 14 known surviving silver-center cent pieces. It is made of copper
with a small silver plug in the center.
The Silver Center pieces were an
experiment made in 1792 when the newly created U.S. Mint had specific
requirements for the size and weight of pennies, Imhof said. Silver was placed
in the center of the coin to reach the required weight. However, it was
decided that the pennies were too large and heavy for practical use so the
coins were never mass-produced.
Also what makes this coin rare is
that it doesn’t have the usual “In God We Trust” that are seen on pennies
today. Instead, the coin says “Liberty Parent of Science & Industry.”
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