The History Of The 1986 Lincoln Penny

The History Of The 1986 Lincoln Penny

What is the significance of a 1986 penny?

The 1986 penny is a one-cent coin minted by the United States Mint in 1986. It is composed of copper-plated zinc and weighs 2.5 grams. The obverse (heads) of the coin features the Lincoln Memorial, while the reverse (tails) features the Union Shield. The 1986 penny is the last year that the Lincoln Memorial was featured on the obverse of the penny.

There are several reasons why the 1986 penny is significant. First, it is the last year that the Lincoln Memorial was featured on the obverse of the penny. In 1989, the Lincoln Memorial was replaced by the Lincoln Bicentennial design, which featured a younger Lincoln and the years of his birth and death. Second, the 1986 penny is the first year that the Union Shield was featured on the reverse of the penny. The Union Shield is a symbol of the United States and represents the strength and unity of the nation.

The 1986 penny is a popular coin among collectors. It is also a valuable coin, with some examples selling for hundreds of dollars. The value of a 1986 penny depends on its condition and rarity. Pennies that are in good condition and that have been certified by a professional coin grading service are worth more than pennies that are in poor condition or that have not been certified.

The 1986 penny is a significant coin for several reasons. It is the last year that the Lincoln Memorial was featured on the obverse of the penny, and it is the first year that the Union Shield was featured on the reverse of the penny. The 1986 penny is also a popular coin among collectors and a valuable coin.

1986 penny

The 1986 penny is a one-cent coin minted by the United States Mint in 1986. It is the last year that the Lincoln Memorial was featured on the obverse of the penny, and the first year that the Union Shield was featured on the reverse.

  • Obverse: Lincoln Memorial
  • Reverse: Union Shield
  • Year: 1986
  • Composition: Copper-plated zinc
  • Weight: 2.5 grams
  • Diameter: 19.05 mm
  • Thickness: 1.52 mm
  • Edge: Plain

The 1986 penny is a popular coin among collectors. It is also a valuable coin, with some examples selling for hundreds of dollars. The value of a 1986 penny depends on its condition and rarity. Pennies that are in good condition and that have been certified by a professional coin grading service are worth more than pennies that are in poor condition or that have not been certified.

The 1986 penny is a significant coin for several reasons. It is the last year that the Lincoln Memorial was featured on the obverse of the penny, and it is the first year that the Union Shield was featured on the reverse. The 1986 penny is also a popular coin among collectors and a valuable coin.

1. Obverse

The obverse of the 1986 penny features the Lincoln Memorial. The Lincoln Memorial is a national monument built to honor Abraham Lincoln, the 16th President of the United States. The memorial is located on the National Mall in Washington, D.C., and was designed by architect Henry Bacon. The memorial was dedicated on May 30, 1922.

The Lincoln Memorial is a popular tourist destination and is visited by millions of people each year. The memorial is also a popular site for protests and demonstrations. In 1963, Martin Luther King, Jr. delivered his "I Have a Dream" speech at the Lincoln Memorial.

The Lincoln Memorial is a powerful symbol of American history and culture. The memorial is a reminder of Lincoln's legacy as a leader and his commitment to the principles of freedom and equality. The memorial is also a reminder of the importance of the American dream and the power of one person to make a difference.

The Lincoln Memorial is a fitting tribute to one of the greatest presidents in American history. The memorial is a reminder of Lincoln's legacy and his commitment to the principles of freedom and equality.

2. Reverse

The reverse of the 1986 penny features the Union Shield. The Union Shield is a symbol of the United States and represents the strength and unity of the nation. The shield is composed of 13 vertical stripes, representing the 13 original colonies. The stripes are alternating red and white, with the red stripes representing hardiness and valor, and the white stripes representing purity and innocence.

  • Symbolism: The Union Shield is a powerful symbol of American unity and strength. It is a reminder of the nation's founding principles and the sacrifices that have been made to preserve the Union.
  • History: The Union Shield was first used as a symbol of the United States during the American Revolution. It was featured on the Great Seal of the United States, which was adopted in 1782. The Union Shield has been used on various coins and currency throughout American history.
  • Design: The Union Shield on the 1986 penny is a simple but elegant design. The shield is centered on the coin, with the 13 stripes radiating out from the center. The shield is surrounded by the words "United States of America" and "One Cent."
  • Significance: The Union Shield on the 1986 penny is a reminder of the strength and unity of the United States. It is a symbol of the nation's founding principles and the sacrifices that have been made to preserve the Union.

The Union Shield is a fitting symbol for the 1986 penny. The penny is a symbol of American currency and commerce, and the Union Shield is a symbol of the strength and unity of the nation. Together, the penny and the Union Shield represent the strength and prosperity of the United States.

3. Year

The year 1986 holds significant relevance to the "1986 penny" due to its role in shaping the coin's unique characteristics and historical context.

  • Commemorative Nature:

    1986 marked the 100th anniversary of the dedication of the Statue of Liberty. To commemorate this occasion, the United States Mint issued a special series of coins, including the 1986 penny. The coin's reverse featured a depiction of the Statue of Liberty, making it a unique and collectible item.

  • Design Change:

    1986 was the last year that the Lincoln Memorial design appeared on the obverse (heads) of the penny. This design had been in use since 1959 and its removal marked a significant change in the coin's appearance. The Lincoln Bicentennial design, featuring a younger portrait of Lincoln, replaced it in 1989.

  • Historical Context:

    1986 was a year of significant historical events. The Challenger space shuttle disaster occurred in January, the Chernobyl nuclear disaster took place in April, and the Iran-Contra affair unfolded throughout the year. These events provide a historical backdrop for the minting of the 1986 penny and offer insights into the social and political climate of the time.

  • Economic Conditions:

    The year 1986 saw a moderate economic recovery in the United States. The unemployment rate fell to 7.0%, and the GDP grew by 2.9%. These economic conditions influenced the production and circulation of the 1986 penny, as well as its perceived value and purchasing power.

In conclusion, the year 1986 played a critical role in shaping the identity and significance of the "1986 penny." From its commemorative nature to its design change and the historical and economic context surrounding its minting, the year 1986 left an indelible mark on this unique piece of American currency.

4. Composition

The composition of the 1986 penny is copper-plated zinc. This means that the penny is made of a zinc core that is coated with a thin layer of copper. This composition was first used for pennies in 1982, and it is still used today.

There are several reasons why copper-plated zinc was chosen for the 1986 penny. First, it is a less expensive material than pure copper. Second, it is more durable than pure copper, which means that pennies will last longer in circulation. Third, copper-plated zinc is less likely to corrode than pure copper.

The composition of the 1986 penny has a significant impact on its appearance, value, and durability. The copper plating gives the penny its distinctive color and luster. The zinc core makes the penny more durable and less likely to corrode. The combination of copper and zinc gives the penny a unique appearance that is easily recognizable.

The composition of the 1986 penny is an important factor to consider when collecting or using pennies. Pennies that are made of copper-plated zinc are more valuable than pennies that are made of other materials. They are also more durable and less likely to corrode, which makes them a good choice for long-term storage.

5. Weight

The weight of the 1986 penny is 2.5 grams. This is significant because it is the lightest weight of any penny minted since 1943. The weight of the penny has been decreasing over time due to the rising cost of copper. In 1982, the penny was changed from being made of pure copper to being made of copper-plated zinc. This change resulted in a significant decrease in the weight of the penny.

  • Composition: The weight of the 1986 penny is directly related to its composition. The penny is made of copper-plated zinc, which is a less dense material than pure copper. This results in a lighter weight for the penny.
  • Value: The weight of the 1986 penny can also affect its value. Pennies that are made of copper-plated zinc are worth less than pennies that are made of pure copper. This is because copper is a more valuable metal than zinc.
  • Durability: The weight of the 1986 penny can also affect its durability. Pennies that are made of copper-plated zinc are less durable than pennies that are made of pure copper. This is because copper is a more durable metal than zinc.
  • Numismatic value: The weight of the 1986 penny can also affect its numismatic value. Pennies that are made of copper-plated zinc are less valuable to collectors than pennies that are made of pure copper. This is because pure copper pennies are considered to be more rare.

The weight of the 1986 penny is an important factor to consider when collecting or using pennies. Pennies that are made of copper-plated zinc are worth less than pennies that are made of pure copper. They are also less durable and less valuable to collectors. However, they are still legal tender and can be used to make purchases.

6. Diameter

The diameter of the 1986 penny is 19.05 mm. This is significant because it is the standard diameter for all pennies minted since 1909. The diameter of the penny is important because it affects the coin's weight, thickness, and overall appearance.

The diameter of the 1986 penny is also important because it is used to determine the coin's value. Pennies that are smaller than the standard diameter are worth less than pennies that are the correct size. This is because smaller pennies are considered to be damaged or defective.

The diameter of the 1986 penny is an important factor to consider when collecting or using pennies. Pennies that are the correct diameter are worth more than pennies that are smaller than the standard size. Pennies that are the correct diameter are also more likely to be accepted by vending machines and other automated devices.

7. Thickness

The thickness of the 1986 penny is 1.52 mm. This is significant because it is the standard thickness for all pennies minted since 1909. The thickness of the penny is important because it affects the coin's weight, diameter, and overall appearance.

  • Durability: The thickness of the 1986 penny contributes to its durability. Thicker pennies are more resistant to wear and tear, which means that they will last longer in circulation. This is important because pennies are frequently used in everyday transactions.
  • Value: The thickness of the 1986 penny can also affect its value. Pennies that are thinner than the standard thickness are worth less than pennies that are the correct size. This is because thinner pennies are considered to be damaged or defective.
  • Numismatic value: The thickness of the 1986 penny can also affect its numismatic value. Pennies that are the correct thickness are more valuable to collectors than pennies that are thinner than the standard size. This is because thicker pennies are considered to be more rare.
  • Vending machines: The thickness of the 1986 penny is also important because it determines whether or not the penny will be accepted by vending machines. Pennies that are too thick or too thin may not be accepted by vending machines, which can be frustrating for consumers.

The thickness of the 1986 penny is an important factor to consider when collecting or using pennies. Pennies that are the correct thickness are worth more than pennies that are thinner than the standard size. Pennies that are the correct thickness are also more likely to be accepted by vending machines and other automated devices.

8. Edge

The "Edge: Plain" characteristic of the 1986 penny refers to the lack of any distinctive markings or designs on the edge of the coin. This feature is significant for several reasons.

  • Minting Process: The plain edge on the 1986 penny is a result of the minting process. Unlike some other coins, which have reeded or lettered edges, the 1986 penny's edge is smooth and featureless. This is because the coin is struck between two plain dies, and the edge is not subjected to any additional shaping or ornamentation.
  • Counterfeiting Prevention: A plain edge can help to prevent counterfeiting. Counterfeiters may attempt to create fake coins by using cheaper metals or alloys. A plain edge makes it more difficult to disguise the difference between a genuine coin and a counterfeit, as there are no distinctive markings to replicate.
  • Identification and Authentication: The plain edge of the 1986 penny can be a useful identifying characteristic for collectors and numismatists. When examining a coin, the edge can provide additional information about its authenticity and origin. A genuine 1986 penny will have a smooth, plain edge, while a counterfeit may have a different edge design or irregularities.
  • Historical Context: The plain edge on the 1986 penny is consistent with the design of pennies throughout much of US history. The first pennies, minted in 1793, also had plain edges. This traditional design element has been retained on pennies for over two centuries, making the plain edge a recognizable and enduring feature of American coinage.

In summary, the "Edge: Plain" characteristic of the 1986 penny is significant in terms of the minting process, counterfeiting prevention, identification and authentication, and historical context. It is a defining feature that contributes to the coin's authenticity, value, and place in American numismatic history.

FAQs about the 1986 Penny

The 1986 penny is a significant coin in American numismatic history. It is the last year that the Lincoln Memorial was featured on the obverse of the penny, and the first year that the Union Shield was featured on the reverse. The coin is also notable for its composition, weight, diameter, thickness, and edge design.

Question 1: What is the significance of the 1986 penny?


Answer: The 1986 penny is significant because it is the last year that the Lincoln Memorial was featured on the obverse of the penny, and the first year that the Union Shield was featured on the reverse. The coin is also notable for its composition, weight, diameter, thickness, and edge design.

Question 2: What is the composition of the 1986 penny?


Answer: The 1986 penny is composed of copper-plated zinc. This means that the penny is made of a zinc core that is coated with a thin layer of copper.

Question 3: What is the weight of the 1986 penny?


Answer: The weight of the 1986 penny is 2.5 grams. This is the lightest weight of any penny minted since 1943.

Question 4: What is the diameter of the 1986 penny?


Answer: The diameter of the 1986 penny is 19.05 mm. This is the standard diameter for all pennies minted since 1909.

Question 5: What is the edge design of the 1986 penny?


Answer: The edge of the 1986 penny is plain. This means that there are no distinctive markings or designs on the edge of the coin.

These are just a few of the most commonly asked questions about the 1986 penny. For more information, please consult a reputable source on numismatics.

Transition to the next article section:

The 1986 penny is a fascinating coin with a rich history. It is a valuable addition to any coin collection.

Conclusion

The 1986 penny is a significant coin in American numismatic history. It is the last year that the Lincoln Memorial was featured on the obverse of the penny, and the first year that the Union Shield was featured on the reverse. The coin is also notable for its composition, weight, diameter, thickness, and edge design.

The 1986 penny is a valuable addition to any coin collection. It is a reminder of the history of the United States and the changes that have taken place over time. The coin is also a symbol of the strength and resilience of the American people.

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