U.S. Penny
The penny, officially known as the cent, is a coin in the United States representing one-hundredth of a 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 U.S. Mint's official name for the coin is " cent" and the U.S. Treasury's official name is "one cent piece". The colloquial term ''penny'' derives from the British coin of the same name, which occupies a similar place in the British system. ''Pennies'' is the plural form (not to be confused with ''pence'', which refers to the unit of currency). 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. In 1792, Congress established the US Mint, which began producing coins. In the same year, the Coinage Act of 1792 mandated ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Copper
Copper is a chemical element; it has symbol Cu (from Latin ) and atomic number 29. It is a soft, malleable, and ductile metal with very high thermal and electrical conductivity. A freshly exposed surface of pure copper has a pinkish-orange color. Copper is used as a conductor of heat and electricity, as a building material, and as a constituent of various metal alloys, such as sterling silver used in jewelry, cupronickel used to make marine hardware and coins, and constantan used in strain gauges and thermocouples for temperature measurement. Copper is one of the few metals that can occur in nature in a directly usable, unalloyed metallic form. This means that copper is a native metal. This led to very early human use in several regions, from . Thousands of years later, it was the first metal to be smelted from sulfide ores, ; the first metal to be cast into a shape in a mold, ; and the first metal to be purposely alloyed with another metal, tin, to create bronze, ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Colloquial
Colloquialism (also called ''colloquial language'', ''colloquial speech'', ''everyday language'', or ''general parlance'') is the linguistic style used for casual and informal communication. It is the most common form of speech in conversation among persons in friendship, Family, familial, Intimate relationship, intimate, and other informal context (language use), contexts. Colloquialism is characterized by the usage of Literal and figurative language, figurative language, Contraction (grammar)#English, contractions, Filler (linguistics), filler words, Interjection, interjections, and other informalities such as slang. In contrast to wikt:formal, formal and Workplace communication, professional communications, colloquial speech does not adhere to grammar and syntax rules and thus may be considered inappropriate and impolite in situations and settings where etiquette is expected or required. It has a rapidly changing lexicon and can also be distinguished by its usage of formulations ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Seigniorage
Seigniorage , also spelled seignorage or seigneurage (), is the increase in the value of money due to money creation minus the cost of producing the additional money. Monetary seigniorage is where government bonds are exchanged for newly created money by a central bank, allowing debt monetization ("borrowing" without repaying). The increased purchasing power of the government at the expense of public purchasing power imposes what is known as an inflation tax on the public. Seignorage can also refer to: * Seigniorage derived from specie (metal coins) is a tax added to the total cost of a coin (metal content and production costs) that a customer of the mint had to pay, and which was sent to the sovereign of the political region. * Seigniorage derived from banknotes is the difference between interest earned on securities acquired in exchange for banknotes and the cost of printing and distributing the notes. Seigniorage is the positive return, or carry, on issued notes and coin ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Diameter
In geometry, a diameter of a circle is any straight line segment that passes through the centre of the circle and whose endpoints lie on the circle. It can also be defined as the longest Chord (geometry), chord of the circle. Both definitions are also valid for the diameter of a sphere. In more modern usage, the length d of a diameter is also called the diameter. In this sense one speaks of diameter rather than diameter (which refers to the line segment itself), because all diameters of a circle or sphere have the same length, this being twice the radius r. :d = 2r \qquad\text\qquad r = \frac. The word "diameter" is derived from (), "diameter of a circle", from (), "across, through" and (), "measure". It is often abbreviated \text, \text, d, or \varnothing. Constructions With straightedge and compass, a diameter of a given circle can be constructed as the perpendicular bisector of an arbitrary chord. Drawing two diameters in this way can be used to locate the center of ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Lincoln Memorial
The Lincoln Memorial is a List of national memorials of the United States, U.S. national memorial honoring Abraham Lincoln, the List of presidents of the United States, 16th president of the United States, located on the western end of the National Mall of Washington, D.C. The memorial is built in a Neoclassical architecture, neoclassical style in the form of a classical temple. The memorial's architect was Henry Bacon. In 1920, Daniel Chester French designed the large interior ''Statue of Abraham Lincoln (Lincoln Memorial), Statue of Abraham Lincoln'', which was carved in marble by the Piccirilli Brothers, Piccirilli brothers. Jules Guerin painted the interior murals, and the epitaph above the statue was written by Royal Cortissoz. Dedicated on May 30, 1922, it is one of several Presidential memorials in the United States, memorials built to honor an American president. It has been a major tourist attraction since its opening, and over the years, has occasionally been used as a ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Anniversary
An anniversary is the date on which an event took place or an institution was founded. Most countries celebrate national anniversaries, typically called national days. These could be the List of national independence days, date of independence of the nation or the adoption of a new constitution or form of government. There is no definite method for determining the date of establishment of an institution, and it is generally decided within the institution by Convention (norm), convention. The important dates in a sitting monarch's reign may also be commemorated, an event often referred to as a "jubilee". Names * Birthdays are the most common type of anniversary, on which someone's birthdate is commemorated each year. The actual celebration is sometimes moved for practical reasons, as in the case of an official birthday or one falling on February 29. * Wedding anniversary, Wedding anniversaries are also often celebrated, on the same day of the year as the wedding occurred. * De ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Century
A century is a period of 100 years or 10 decades. Centuries are numbered ordinally in English and many other languages. The word ''century'' comes from the Latin ''centum'', meaning ''one hundred''. ''Century'' is sometimes abbreviated as c. A centennial or centenary is a hundredth anniversary, or a celebration of this, typically the remembrance of an event which took place a hundred years earlier. Start and end of centuries Although a century can mean any arbitrary period of 100 years, there are two viewpoints on the nature of standard centuries. One is based on strict construction, while the other is based on popular perception. According to the strict construction, the 1st century AD, which began with AD 1, ended with AD 100, and the 2nd century with AD 200; in this model, the ''n''-th century starts with a year that follows a year with a multiple of 100 (except the first century as it began after the year 1 BC) and ends with the next coming year with a multiple o ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
President Of The United States
The president of the United States (POTUS) is the head of state and head of government of the United States. The president directs the Federal government of the United States#Executive branch, executive branch of the Federal government of the United States, federal government and is the Powers of the president of the United States#Commander-in-chief, commander-in-chief of the United States Armed Forces. The power of the presidency has grown since the first president, George Washington, took office in 1789. While presidential power has ebbed and flowed over time, the presidency has played an increasing role in American political life since the beginning of the 20th century, carrying over into the 21st century with some expansions during the presidencies of Presidency of Franklin D. Roosevelt, Franklin D. Roosevelt and Presidency of George W. Bush, George W. Bush. In modern times, the president is one of the world's most powerful political figures and the leader of the world's ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Obverse And Reverse
The obverse and reverse are the two flat faces of coins and some other two-sided objects, including paper money, flags, seals, medals, drawings, old master prints and other works of art, and printed fabrics. In this usage, ''obverse'' means the front face of the object and ''reverse'' means the back face. The obverse of a coin is commonly called ''heads'', because it often depicts the head of a prominent person, and the reverse ''tails''. In numismatics, the abbreviation ''obv.'' is used for ''obverse'',David Sear. ''Greek Imperial Coins and Their Values.'' Spink Books, 1982. p. xxxv. while , )(Jonathan Edwards. ''Catalogue of the Greek and Roman Coins in the Numismatic Collection of Yale College, Volume 2.'' Tuttle, Morehouse & Taylor, 1880. p. 228. and ''rev.''Allen G. Berman. ''Warman's Coins And Paper Money: Identification and Price Guide.'' Penguin, 2008. are used for ''reverse''. Vexillologists use the symbols "normal" for the obverse and "reverse" for the reverse ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Lincoln Cent
The Lincoln cent (sometimes called the Lincoln penny) is a one-cent coin that has been struck by the United States Mint every year since 1909. The obverse and reverse, obverse, or heads, side was designed by Victor David Brenner, as was the original reverse, depicting two stalks of wheat (thus "wheat pennies", struck 1909–1958). The coin has seen several reverse, or tails, designs and now bears one by Lyndall Bass depicting a Union shield. All coins struck by the United States government with a value of of a dollar are called cents because the United States has always minted coins using decimals. The penny nickname is a carryover from the coins struck in England, which went to decimals for coins in 1971. In 1905, sculptor Augustus Saint-Gaudens was hired by the Mint to redesign the cent and the four gold coins, which did not require congressional approval. Two of Saint-Gaudens's proposed designs for the cent were eventually adapted for the gold pieces, but Saint-Gaudens died in ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Philadelphia
Philadelphia ( ), colloquially referred to as Philly, is the List of municipalities in Pennsylvania, most populous city in the U.S. state of Pennsylvania and the List of United States cities by population, sixth-most populous city in the United States, with a population of 1,603,797 in the 2020 United States census, 2020 census. The city is the urban core of the Philadelphia metropolitan area (sometimes called the Delaware Valley), the nation's Metropolitan statistical area, seventh-largest metropolitan area and ninth-largest combined statistical area with 6.245 million residents and 7.379 million residents, respectively. Philadelphia was founded in 1682 by William Penn, an English Americans, English Quakers, Quaker and advocate of Freedom of religion, religious freedom, and served as the capital of the Colonial history of the United States, colonial era Province of Pennsylvania. It then played a historic and vital role during the American Revolution and American Revolutionary ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Coinage Act Of 1792
The Coinage Act of 1792 (also known as the Mint Act; officially: ''An act establishing a mint, and regulating the Coins of the United States''), passed by the United States Congress on April 2, 1792, created the United States dollar as the country's standard unit of money, established the United States Mint, and regulated the coinage of the United States. This act established the silver dollar as the unit of money in the United States, declared it to be lawful tender, and created a decimal system for U.S. currency. By the Act, the Mint was to be situated at the seat of government of the United States. The five original officers of the U.S. Mint were a Director, an Assayer, a Chief Coiner, an Engraver, and a Treasurer (not the same as the secretary of the treasury). The Act allowed that one person could perform the functions of Chief Coiner and Engraver. The Assayer, Chief Coiner and Treasurer were required to post a $10,000 bond with the Secretary of the Treasury. The Act p ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |