What is a 1904 penny?
A 1904 penny is a one-cent coin struck by the United States Mint in 1904. It is made of copper and features the Lincoln Memorial on the obverse and the words "Liberty" and "In God We Trust" on the reverse.
The 1904 penny is a relatively common coin, with over 100 million pieces minted. It is not particularly valuable, with most examples selling for less than $1. However, some rare varieties of the 1904 penny can be worth significantly more.
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There are currently eight known varieties of 1904 penny. The most common variety is the "Indian Head" variety, which features a design of an Indian chief on the obverse. Other varieties include the "Lincoln Head" variety, the "VDB" variety, and the "Matte Proof" variety.
The 1904 penny is a popular coin among collectors, and many people enjoy collecting the different varieties. It is also a popular coin for use in jewelry and other crafts.
1904 Penny
The 1904 penny is a one-cent coin struck by the United States Mint in 1904. It is made of copper and features the Lincoln Memorial on the obverse and the words "Liberty" and "In God We Trust" on the reverse.
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- Obverse: Lincoln Memorial
- Reverse: Liberty and "In God We Trust"
- Composition: Copper
- Mintage: Over 100 million
- Value: Less than $1 for most examples
- Varieties: 8 known varieties
- Popularity: Popular among collectors and for use in jewelry and crafts
The 1904 penny is a popular coin among collectors, and many people enjoy collecting the different varieties. It is also a popular coin for use in jewelry and other crafts. The different varieties of the 1904 penny can vary in value, with some rare varieties selling for significantly more than common varieties.
1. Obverse
The Lincoln Memorial is a national monument built to honor the 16th President of the United States, Abraham Lincoln. The memorial is located on the National Mall in Washington, D.C., and is one of the most visited tourist attractions in the city.
The Lincoln Memorial was designed by architect Henry Bacon and sculptor Daniel Chester French. The memorial consists of a large marble statue of Lincoln, seated in a chair, surrounded by 36 columns representing the 36 states in the Union at the time of Lincoln's death.
The 1904 penny was the first coin to feature the Lincoln Memorial on its obverse. The memorial was chosen as a symbol of Lincoln's presidency and his role in preserving the Union during the Civil War.
The Lincoln Memorial is a fitting symbol for the 1904 penny. The memorial is a reminder of Lincoln's legacy and his commitment to the ideals of freedom and equality.
2. Reverse
The 1904 penny features the words "Liberty" and "In God We Trust" on its reverse. These words are two of the most iconic and recognizable mottos in the United States, and their presence on the penny is a reminder of the country's founding principles.
"Liberty" is a fundamental value in the United States. It is the idea that all people are born with certain rights and freedoms, and that no one should be deprived of these rights without due process of law. The word "liberty" is inscribed on the Statue of Liberty, and it is also the motto of the United States.
"In God We Trust" is a more recent addition to the coinage of the United States. It was first added to the two-cent piece in 1864, and it has been on all U.S. coins since 1955. The motto is a reflection of the country's religious heritage, and it is a reminder that the United States is a nation that was founded on faith.
The presence of the words "Liberty" and "In God We Trust" on the 1904 penny is a reminder of the country's founding principles. These words are a symbol of the United States' commitment to freedom and equality, and they are a reminder that the country was founded on faith.
3. Composition
The 1904 penny is composed of copper. This is a significant fact for a number of reasons.
- Copper is a relatively inexpensive metal. This made it an ideal choice for the penny, which is a low-denomination coin.
- Copper is a durable metal. Pennies are often subjected to wear and tear, so it is important that they be made of a metal that can withstand this abuse. Copper is also resistant to corrosion, which helps to keep pennies looking their best.
- Copper is a good conductor of electricity. This makes pennies useful for a variety of electrical applications, such as in batteries and electrical wiring.
- Copper is a reddish-brown color. This gives pennies their distinctive appearance. The color of copper is also a reminder of the metal's natural state.
The use of copper in the 1904 penny is a testament to the metal's many useful properties. Copper is a strong, durable, and affordable metal that is well-suited for a variety of applications, including coinage.
4. Mintage
The mintage of a coin refers to the number of pieces that are struck. The 1904 penny has a mintage of over 100 million, which means that over 100 million pennies were struck in 1904. This makes the 1904 penny a relatively common coin.
- Availability: The high mintage of the 1904 penny means that it is a relatively easy coin to find. Pennies from this year are often found in circulation, and they can also be easily purchased from coin dealers.
- Value: The high mintage of the 1904 penny also means that it is not a particularly valuable coin. Most examples of the 1904 penny sell for less than $1.
- Significance: The high mintage of the 1904 penny is a reflection of the coin's popularity. The penny was a popular coin in 1904, and it continued to be a popular coin for many years to come.
The mintage of a coin is an important factor to consider when collecting coins. The mintage can affect the value of a coin, and it can also affect how easy it is to find a particular coin. The 1904 penny is a good example of a coin with a high mintage. This makes it a relatively common and affordable coin, which makes it a good choice for beginning coin collectors.
5. Value
The value of the 1904 penny is a topic of interest to many coin collectors. While some rare varieties of the 1904 penny can be worth significantly more, most examples of the coin sell for less than $1.
- Mintage: The high mintage of the 1904 penny is one of the main reasons why it is not a particularly valuable coin. Over 100 million pennies were struck in 1904, which means that the coin is relatively common.
- Condition: The condition of a coin can also affect its value. Pennies that are in good condition are worth more than pennies that are damaged or worn.
- Variety: There are eight known varieties of the 1904 penny. Some varieties are more common than others, and this can affect their value.
- Errors: Error coins are coins that have been struck with errors, such as a missing die or a doubled die. Error coins can be worth more than regular coins, but they are also more difficult to find.
Overall, the value of a 1904 penny depends on a number of factors, including the mintage, condition, variety, and errors. Most examples of the coin sell for less than $1, but some rare varieties can be worth significantly more.
6. Varieties
The 1904 penny is a relatively common coin, but there are eight known varieties of the coin that can be worth significantly more than common varieties.
- Indian Head variety: This is the most common variety of the 1904 penny. It features a design of an Indian chief on the obverse.
- Lincoln Head variety: This variety features a design of Lincoln on the obverse. It is less common than the Indian Head variety.
- VDB variety: This variety features the initials "VDB" on the reverse, which stand for the designer, Victor David Brenner. It is a relatively rare variety.
- Matte Proof variety: This variety has a matte finish, which means that it is not shiny. It is the rarest variety of the 1904 penny.
The different varieties of the 1904 penny can be difficult to identify, but they can be worth a significant amount of money. If you think you have a rare variety of the 1904 penny, it is important to have it by a professional coin dealer.
7. Popularity
The 1904 penny is a popular coin among collectors for several reasons. First, it is a relatively old coin, which makes it interesting to collectors who are interested in history. Second, the 1904 penny is a well-made coin, with a classic design that is still popular today. Third, the 1904 penny is a relatively affordable coin, which makes it a good choice for beginning collectors.
In addition to being popular among collectors, the 1904 penny is also popular for use in jewelry and crafts. The coin's small size and relatively low value make it a good choice for use in jewelry, and its classic design makes it a popular choice for use in crafts.
The popularity of the 1904 penny is a testament to its quality and design. The coin is a well-made and attractive piece that is popular among collectors and crafters alike.
1904 Penny FAQs
Here are some frequently asked questions about the 1904 penny:
Question 1: How much is a 1904 penny worth?
Most 1904 pennies are worth less than $1. However, some rare varieties, such as the VDB variety and the Matte Proof variety, can be worth significantly more.
Question 2: What are the different varieties of the 1904 penny?
There are eight known varieties of the 1904 penny: the Indian Head variety, the Lincoln Head variety, the VDB variety, the Matte Proof variety, the Prooflike variety, the Repunched Date variety, the Doubled Die variety, and the Struck Through Grease variety.
Question 3: How can I tell if my 1904 penny is a rare variety?
The best way to tell if your 1904 penny is a rare variety is to have it examined by a professional coin dealer. Coin dealers have the experience and knowledge to identify rare varieties and determine their value.
Question 4: Where can I find a 1904 penny?
1904 pennies can be found in circulation, at coin shows, and from coin dealers. You can also find 1904 pennies for sale online.
Question 5: Are 1904 pennies made of copper?
Yes, 1904 pennies are made of copper.
These are just a few of the most frequently asked questions about the 1904 penny. If you have any other questions, please feel free to contact a professional coin dealer.
Summary: The 1904 penny is a popular coin among collectors and is available in several varieties. The value of a 1904 penny depends on its variety and condition. If you have a 1904 penny, it is important to have it examined by a professional coin dealer to determine its value.
Transition to the next article section: The 1904 penny is a fascinating coin with a rich history. If you are interested in learning more about this coin, please continue reading the following sections.
Conclusion
The 1904 penny is a fascinating coin with a rich history. It is a popular coin among collectors and is available in several varieties. The value of a 1904 penny depends on its variety and condition. If you have a 1904 penny, it is important to have it examined by a professional coin dealer to determine its value.
The 1904 penny is a reminder of the history of the United States. It is a coin that was used in everyday transactions and is now a valuable collector's item. The 1904 penny is a reminder of the importance of preserving our history and of the value of our heritage.
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