In 1857 both the large-cent and half-cent went to the big tip jar in the sky. The half-cent was never minted again, while the large-cent emerged in 1859 as the Indian Head Penny, which is the same ...

Its first one-cent piece, known as the large cent, was created in 1793. The case against the penny . On the flip side, there are plenty of reasons that experts say abolishing pennies would make sense.