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Penny
A penny is a coin ( pennies) or a unit of currency (pl. pence) in various countries. Borrowed from the Carolingian denarius (hence its former abbreviation d.), it is usually the smallest denomination within a currency system. Presently, it is the formal name of the British penny ( p) and the ''de facto'' name of the American one-cent coin (abbr. ¢) as well as the informal Irish designation of the 1 cent euro coin (abbr. c). It is the informal name of the cent unit of account in Canada, although one-cent coins are no longer minted there. The name is used in reference to various historical currencies, also derived from the Carolingian system, such as the French denier and the German pfennig. It may also be informally used to refer to any similar smallest-denomination coin, such as the euro cent or Chinese fen. The Carolingian penny was originally a 0.940-fine silver coin, weighing pound. It was adopted by Offa of Mercia and other English kings and re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Penny (United States Coin)
The cent, the United States one-cent coin (symbol: ¢), often called the "penny", is a unit of currency equaling one one-hundredth of a United States dollar. It has been the lowest face-value physical unit of U.S. currency since the abolition of the half-cent in 1857 (the abstract mill, which has never been minted, equal to a tenth of a cent, continues to see limited use in the fields of taxation and finance). The first U.S. cent was produced in 1787, and the cent has been issued primarily as a copper or copper-plated coin throughout its history. The penny is issued in its current form as the Lincoln cent, with its obverse featuring the profile of President Abraham Lincoln since 1909, the centennial of his birth. From 1959 (the sesquicentennial of Lincoln's birth) to 2008, the reverse featured the Lincoln Memorial. Four different reverse designs in 2009 honored Lincoln's 200th birthday and a new, "permanent" reverse – the Union Shield – was introduced in 2010. The coin is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Penny (British Pre-decimal Coin)
The British pre-decimal penny was a denomination of sterling coinage worth of one pound or of one shilling. Its symbol was ''d'', from the Roman denarius. It was a continuation of the earlier English penny, and in Scotland it had the same monetary value as one pre-1707 Scottish shilling. The penny was originally minted in silver, but from the late 18th century it was minted in copper, and then after 1860 in bronze. The plural of "penny" is "pence" when referring to an amount of money, and "pennies" when referring to a number of coins. Thus 8''d'' is eight pence, but "eight pennies" means specifically eight individual penny coins. Before Decimal Day in 1971, sterling used the Carolingian monetary system (£sd), under which the largest unit was a pound (£) divisible into 20 shillings (s), each of 12 pence (d). The penny was withdrawn in 1971 due to decimalisation, and replaced (in effect) by the decimal half new penny, with p being worth 1.2''d''. History The kingdoms ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Penny (Australian Coin)
The Australian penny was a coin of the Australian pound, which followed the £sd system. It was used in the Commonwealth of Australia prior to decimalisation in 1966. One Australian penny was worth Australian shilling, Australian florin, Australian crown, and Australian pound. The coin was equivalent in its dimensions and value to the British pre-decimal penny, as the two currencies were fixed at par. The coin was introduced in 1911, while the last penny was minted in 1964. After decimalisation on 14 February 1966 the penny was equal to 0.8333 cents. The obverse of the coin featured the reigning Australian monarch. Three were featured: George V, George VI and Elizabeth II. All of the pennies bearing George VI and Elizabeth II had a kangaroo on the reverse. The kangaroo image was on the Australian half penny and has since been included on the dollar coin and the bullion silver kangaroo. During the George VI era, coins minted at Perth had a dot either at the end of the w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Penny (Canadian Coin)
In Canada, a penny is a coin worth one cent, or of a dollar. According to the Royal Canadian Mint, the official national term for the coin is the "one-cent piece", but in practice the terms ''penny'' and ''cent'' predominate. ''Penny'' was likely readily adopted because the previous coinage in Canada (up to 1858) was the British monetary system, where Canada used British pounds, shillings, and pence as coinage alongside U.S. decimal coins and Spanish milled dollars. In Canadian French, the penny is often known by the loanword ''cent''; in contrast with the heteronymous word meaning "hundred" (), this keeps the English pronunciation . Slang terms include , , or (black penny), although common Quebec French usage is . Production of the penny ceased in May 2012, and the Royal Canadian Mint ceased distribution of them as of February 4, 2013. However, the coin remains legal tender. Nevertheless, once distribution of the coin ceased, vendors were no longer expected to return penn ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Penny (British Decimal Coin)
The British decimal one penny (1p) coin is a unit of currency and denomination of sterling coinage worth one-hundredth of one pound. Its obverse has featured the profile of Queen Elizabeth II since the coin's introduction on 15 February 1971, the day British currency was decimalised. Four different portraits of the Queen have been used on the obverse; the latest design by Jody Clark was introduced in 2015. The second and current reverse, designed by Matthew Dent, features a segment of the Royal Shield and was introduced in 2008. The penny is the lowest value coin (in real terms) ever to circulate in the United Kingdom. The penny was originally minted from bronze, but since 1992 has been minted in copper-plated steel due to increasing copper prices. There are an estimated 10.5 billion 1p coins in circulation as of 2016, with a total face value of around £105,000,000. 1p coins are legal tender only for amounts up to the sum of 20p when offered in repayment of a debt; howe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Half Penny (other)
Halfpenny, half penny, or ha'penny may refer to: Coins * Halfpenny (British decimal coin) * Halfpenny (British pre-decimal coin) * Halfpenny (Irish pre-decimal coin) * Halfpenny (Irish decimal coin) * Halfpenny (Australian) (pre-decimal) * New Zealand half penny coin (pre-decimal) * The St. Patrick halfpenny, 17th century * Scottish halfpenny coin, pre-Union * Half cent (United States coin) Other uses * Halfpenny (surname) * ''Ha'penny'' (novel), by Jo Walton * Ha'penny Bridge, over the Liffey in Dublin * Halfpenny Bridge, over the Thames in Lechlade, Gloucestershire, England * Halfpenny Gate, village in County Down, Northern Ireland * Halfpenny Rose Red, a postage stamp from the reign of Queen Victoria * Halfpenny, Cumbria, hamlet in Southern Lakeland, Cumbria, England See also * Bord halfpenny, a fee paid in markets and fairs by the Saxons to the lord * Shove ha'penny Shove ha'penny (or shove halfpenny), also known in ancestral form as shoffe-grote ['shove- groa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pfennig
The 'pfennig' (; . 'pfennigs' or ; symbol pf or ₰) or penny is a former German coin or note, which was the official currency from the 9th century until the introduction of the euro in 2002. While a valuable coin during the Middle Ages, it lost its value through the years and was the minor coin of the Mark currencies in the German Reich, West and East Germany, and the reunified Germany until the introduction of the euro. Pfennig was also the name of the subunit of the Danzig mark (1922–1923) and the Danzig gulden (1923–1939) in the Free City of Danzig (modern Gdańsk, Poland). Overview Name The word ''Pfennig'' (replacing the ''denarius'' or ''denarius'' as a low-denomination silver coin) can be traced back to the 8th century and also became known as the ''Penning'', ''Panni(n)g '', ''Pfenni(n)c'', ''Pfending'' and by other names, e.g. in Prussia until 1873, ''Pfenning''. The ''-ing''- or ''-inc'' suffix was used, in addition to ''-ung'', the formation of af ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Farthing (British Coin)
The British farthing (from Old English fēorðing, from fēorða, a fourth) abbreviated ''qua.'' (L. ''quadrans''), was a denomination of sterling coinage worth of one pound, of one shilling, or of one penny; initially minted in copper and then in bronze, which replaced the earlier English farthings. Before Decimal Day in 1971, Britain used the Carolingian monetary system, wherein the largest unit was a pound sterling of 20 shillings, each of 12 pence. Each penny was divided into 4 farthings, thus, a pound sterling contained 960 farthings, and a shilling contained 48 farthings. From 1860 to 1971, the purchasing power of a farthing ranged between 12p and 0.2p in 2017 values. The farthing coin was legal tender during the reigns of eleven British monarchs: George I, George II, and George III, George IV, William IV, and Victoria, Edward VII and George V, Edward VIII, George VI, and Elizabeth II. In Britain and Northern Ireland the farthing coin ceased to be legal tender on 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Offa Of Mercia
Offa (died 29 July 796 AD) was King of Mercia, a kingdom of Anglo-Saxon England, from 757 until his death. The son of Thingfrith and a descendant of Eowa, Offa came to the throne after a period of civil war following the assassination of Æthelbald. Offa defeated the other claimant, Beornred. In the early years of Offa's reign, it is likely that he consolidated his control of Midland peoples such as the Hwicce and the Magonsæte. Taking advantage of instability in the kingdom of Kent to establish himself as overlord, Offa also controlled Sussex by 771, though his authority did not remain unchallenged in either territory. In the 780s he extended Mercian Supremacy over most of southern England, allying with Beorhtric of Wessex, who married Offa's daughter Eadburh, and regained complete control of the southeast. He also became the overlord of East Anglia and had King Æthelberht II of East Anglia beheaded in 794, perhaps for rebelling against him. Offa was a Christian king who ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Half Cent (United States Coin)
The half cent was the smallest denomination of United States coin ever minted. It was first minted in 1793 and last minted in 1857. It was minted with five different designs. History First authorized by the Coinage Act of 1792 on April 2, 1792, the coin was produced in the United States from 1793 to 1857. The half-cent piece was made of 100% copper and was valued at five milles, or one two-hundredth of a dollar. It was slightly smaller than a modern U.S. quarter with diameters 22 mm (1793), 23.5 mm (1794–1836) and 23 mm (1840–1857).Whitman The Official Guide Book 64th Edition 2011 pages: #87, #89, #90, and #92 Coinage was discontinued by the Coinage Act of February 21, 1857. They were all produced at the Philadelphia Mint. Design varieties There are several different types of half cents: * Liberty Cap, Facing left (designed/engraved by Henry Voigt) – issued 1793 * Liberty Cap, Facing right (large head designed by Robert Scot, small head designed by Sco ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pound (mass)
The pound or pound-mass is a unit of mass used in British imperial and United States customary systems of measurement. Various definitions have been used; the most common today is the international avoirdupois pound, which is legally defined as exactly , and which is divided into 16 avoirdupois ounces. The international standard symbol for the avoirdupois pound is lb; an alternative symbol is lbm (for most pound definitions), # ( chiefly in the U.S.), and or ″̶ (specifically for the apothecaries' pound). The unit is descended from the Roman (hence the abbreviation "lb"). The English word ''pound'' is cognate with, among others, German , Dutch , and Swedish . These units are historic and are no longer used (replaced by the metric system). Usage of the unqualified term ''pound'' reflects the historical conflation of mass and weight. This accounts for the modern distinguishing terms ''pound-mass'' and ''pound-force''. Etymology The word 'pound' and its cognates ul ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mill (currency)
The mill (American English) or mil ( Commonwealth English, except Canada) is a unit of currency (sometimes symbolized as ₥), used in several countries as one-thousandth of the base unit. In the United States, it is a notional unit equivalent to a thousandth of a United States dollar (a hundredth of a dime or a tenth of a cent). In the United Kingdom, it was proposed during the decades of discussion on decimalisation as a division of sterling's pound. While this system was never adopted in the United Kingdom, the currencies of some British or formerly British territories did adopt it, such as the Palestine pound and the Maltese lira. The term comes from the Latin "millesimum", meaning "thousandth part". Usage United States In the United States, the term was first used by the Continental Congress in 1786, being described as the "lowest money of account, of which 1000 shall be equal to the federal dollar". The Coinage Act of 1792 describes milles and other subdivisions of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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