this post was submitted on 22 May 2025
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[–] Whats_your_reasoning@lemmy.world 2 points 5 hours ago* (last edited 5 hours ago)

Inspired by your comment, I decided to look up when the U.S. stopped minting the half penny, as well as what a “half penny” of that time would’ve been worth when accounting for modern inflation.

The U.S. half penny was abandoned in 1857. The inflation calculators I checked don’t allow for division by half-cents, but when $0.01 from 1857 is inflated to today’s value, it comes out to somewhere between 37¢ and 38¢. If I did the math correctly, that means a U.S. half cent was worth a modern equivalent of about 19¢ at the time it was discontinued.