When was the first one cent coin minted?
As a keen follower of financial history and the evolution of currency, I'm often curious about the origins of various coins and denominations. This leads me to inquire about the first one cent coin. Specifically, I'm wondering: When was the inaugural one cent coin minted? This small yet significant coinage unit has become a staple in many economies, so understanding its inception is fascinating. Did it emerge in the 18th century during the Industrial Revolution, when economies were booming and standardization of currency was becoming increasingly important? Or did it have an earlier origin, perhaps in ancient times? My question aims to uncover the fascinating story behind the minting of the first one cent coin.