Changes

Jump to navigation Jump to search
492 bytes added ,  14:00, June 3, 2016
discontinued and expensive
Line 1: Line 1: −
A '''penny''' is a type of small [[coin]], and is usually the smallest denomination of a currency. [[Image:Penny.jpg|right|thumb|300px|Penny]]
+
[[Image:Penny.jpg|right|thumb|300px|Penny]]
−
 
+
A '''penny''' is a type of small [[coin]], and is usually the smallest denomination of a currency. Some countries including Canada,<ref>www.huffingtonpost.com/2013/02/04/canadian-penny-discontinued_n_2615919.html</ref> Australia and Sweden have discontinued the penny coin<ref>http://www.history.com/news/10-things-you-didnt-know-about-the-penny</ref> while the U.S. continues to mint them, at a financial loss.<ref>http://blogs.wsj.com/economics/2014/12/15/just-how-much-does-it-cost-to-make-a-penny</ref><ref>http://usatoday30.usatoday.com/money/2006-05-09-penny-usat_x.htm</ref>
 
==United States==
 
==United States==
 
The penny is a coin worth one [[cent]]. It was made primarily of [[copper]] until 1982, and is now made primarily of [[zinc]]. In 1943, pennies were made of [[steel]], since copper was needed for [[World War II|the war]]. The US penny, as of 1960, features [[Abraham Lincoln]] on the obverse side, and the [[Lincoln Memorial]] on the reverse.  From 1909 to 1959, the penny featured two stalks of wheat, thus it being dubbed a 'wheat penny'.  The penny is copper-colored, and is one of the few coins that is not silver-colored.  It is also smooth along the circumference of the coin, lacking the ridges that many other coins have.
 
The penny is a coin worth one [[cent]]. It was made primarily of [[copper]] until 1982, and is now made primarily of [[zinc]]. In 1943, pennies were made of [[steel]], since copper was needed for [[World War II|the war]]. The US penny, as of 1960, features [[Abraham Lincoln]] on the obverse side, and the [[Lincoln Memorial]] on the reverse.  From 1909 to 1959, the penny featured two stalks of wheat, thus it being dubbed a 'wheat penny'.  The penny is copper-colored, and is one of the few coins that is not silver-colored.  It is also smooth along the circumference of the coin, lacking the ridges that many other coins have.
 
[[File:Penny-Head-US-2008-Denver.jpg|100px|thumbnail|A U.S. Penny, 2008 Denver Mint]]
 
[[File:Penny-Head-US-2008-Denver.jpg|100px|thumbnail|A U.S. Penny, 2008 Denver Mint]]
−
The face side of U.S. Pennies also have the date of creation stamped on the right side of Lincoln.  Below this, they show either a "D" or a "P" to show that the coin was minted in either '''D'''enver, Colorado, or '''P'''hiladelphia, Pennsylvania.  Also stamped on the coin is the phrase "In God We Trust,"  although there has be a push to have this removed for U.S. coinage.
+
The obverse (face) side of U.S. Pennies also have the date of creation stamped on the right side of Lincoln.  Below this, they show either a "D" or a "P" to show that the coin was minted in either '''D'''enver, Colorado, or '''P'''hiladelphia, Pennsylvania.  Also stamped on the coin is the phrase "In God We Trust,"  although there has be a push to have this removed for U.S. coinage.
     
Block, SkipCaptcha, Upload, Automoderated users, Check users, delete, edit, Moderators, move, oversight, protect, ratelimit-exempt, rollback
19,806

edits

Navigation menu