Penny (United States coin)
Still produced for collectors and numismatic purposes
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The '''penny''', officially the '''cent''', is |
The '''penny''', officially the '''cent''', is a coin in the United States representing one-hundredth of a [[United States dollar|dollar]]. It has been the lowest face-value physical unit of U.S. currency since the abolition of the [[Half cent (United States coin)|half-cent]] in 1857.{{refn| group = lower-alpha | The abstract [[Mill (currency)|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]].}} |
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The [[United States Mint]]'s official name for the coin is "[[wikt:cent|cent]]"{{Cite web |title=The United States Mint Coin Specifications |url=http://www.usmint.gov/about_the_mint/index.cfm?action=coin_specifications |url-status=dead |archive-url=https://web.archive.org/web/20091111035023/http://www.usmint.gov/about_the_mint/index.cfm?action=Coin_specifications |archive-date=November 11, 2009 |access-date=November 9, 2009 |publisher=[[United States Mint]] |quote=Denomination:Cent; Nickel; Dime; Quarter Dollar.... (categories across the top of the specifications chart) |location=[[Washington, D.C.]]}} and the [[United States Department of the Treasury|U.S. Treasury]]'s official name is "one cent piece".{{Cite web |title=Denominations |url=http://www.treasury.gov/resource-center/faqs/Coins/Pages/denominations.aspx |url-status=live |archive-url=https://web.archive.org/web/20150317025911/http://www.treasury.gov/resource-center/faqs/Coins/Pages/denominations.aspx |archive-date=March 17, 2015 |access-date=March 3, 2015 |publisher=[[United States Department of the Treasury]] |quote=The proper term is "one cent piece," but in common usage this coins is often referred to as a penny or cent. |location=[[Washington, D.C.]]}} The [[wikt:colloquial|colloquial]] term ''penny'' derives from the [[Penny (British decimal coin)|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 [[Penny|unit of currency]]. |
The [[United States Mint]]'s official name for the coin is "[[wikt:cent|cent]]"{{Cite web |title=The United States Mint Coin Specifications |url=http://www.usmint.gov/about_the_mint/index.cfm?action=coin_specifications |url-status=dead |archive-url=https://web.archive.org/web/20091111035023/http://www.usmint.gov/about_the_mint/index.cfm?action=Coin_specifications |archive-date=November 11, 2009 |access-date=November 9, 2009 |publisher=[[United States Mint]] |quote=Denomination:Cent; Nickel; Dime; Quarter Dollar.... (categories across the top of the specifications chart) |location=[[Washington, D.C.]]}} and the [[United States Department of the Treasury|U.S. Treasury]]'s official name is "one cent piece".{{Cite web |title=Denominations |url=http://www.treasury.gov/resource-center/faqs/Coins/Pages/denominations.aspx |url-status=live |archive-url=https://web.archive.org/web/20150317025911/http://www.treasury.gov/resource-center/faqs/Coins/Pages/denominations.aspx |archive-date=March 17, 2015 |access-date=March 3, 2015 |publisher=[[United States Department of the Treasury]] |quote=The proper term is "one cent piece," but in common usage this coins is often referred to as a penny or cent. |location=[[Washington, D.C.]]}} The [[wikt:colloquial|colloquial]] term ''penny'' derives from the [[Penny (British decimal coin)|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 [[Penny|unit of currency]]. |
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