Difference between revisions of "Penny"
(wheat penny) |
(fix) |
||
| Line 2: | Line 2: | ||
==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 | + | 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. |
To celebrate the bicentennial of Abraham Lincoln's birth in 2009, the U.S. Mint will release four new pennies depicting the life of the nation's sixteenth president. The new pennies will "show Lincoln's Kentucky birthplace, his Indiana education, his career as an Illinois statesman and his work in Washington, D.C." <ref>[http://www.foxnews.com/story/0,2933,425928,00.html U.S. Mint Releases New Penny Designs], Sara Bonisteel, ''Fox News'', September 22, 2008</ref> | To celebrate the bicentennial of Abraham Lincoln's birth in 2009, the U.S. Mint will release four new pennies depicting the life of the nation's sixteenth president. The new pennies will "show Lincoln's Kentucky birthplace, his Indiana education, his career as an Illinois statesman and his work in Washington, D.C." <ref>[http://www.foxnews.com/story/0,2933,425928,00.html U.S. Mint Releases New Penny Designs], Sara Bonisteel, ''Fox News'', September 22, 2008</ref> | ||
Revision as of 02:55, November 8, 2008
A penny is a type of small coin, and is usually the smallest denomination of a currency.
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 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.
To celebrate the bicentennial of Abraham Lincoln's birth in 2009, the U.S. Mint will release four new pennies depicting the life of the nation's sixteenth president. The new pennies will "show Lincoln's Kentucky birthplace, his Indiana education, his career as an Illinois statesman and his work in Washington, D.C." [1]
Great Britain
The penny was originally made of silver, but now made of cupronickel. The plural is pence when referring to an amount of money, or pennies when referring to the coins. There are traditionally 240 pence to the pound, or 100 new pence.
References
- ↑ U.S. Mint Releases New Penny Designs, Sara Bonisteel, Fox News, September 22, 2008
