Cent Vs. Penny. The Debate Is Over! - Page 4

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Author	Replies: 63 / Views: 12,317	Page: of 5

daviscfad Pillar of the Community United States 4541 Posts	Posted 02/16/2009 10:50 am well the dime quarter half dollar and dollar all have that written on them.. Report this Post to the Staff
Conder101 Bedrock of the Community United States 17884 Posts	Posted 02/16/2009 1:07 pm Quote: The British pound was not divided into 100 cents like our dollar, but its smallest part was called a penny, and that's why we call our cent a "penny" today. That has to be some of the dumbest reasoning I've ever heard. First of all the smallest part was not the penny but the farthing which was 1/960th part of a pound. And the British didn't even HAVE a penny coin back then. And if that's why we call our cent a penny, why don't we call our dollar a pound? And actually the reason we call our cent a penny is not because of its relationship to the British penny, but because of it's relationship to the New York Penny which was a money of account that had no physical existance, but which very closely matched the value of the US cent (90 pence to the Spanish milled dollar. US cent was 100 cents to the dollar, and the British was 57 pence to the dollar.) If you wanted to relate it to the British coinage it should be called a half penny because that would have been the coin it replaced in value and use in circulation at the time. Report this Post to the Staff
Conder101 Bedrock of the Community United States 17884 Posts	Posted 02/16/2009 1:42 pm Quote: It's called a Nickel because that is what it is made from Then why isn't it called a copper? It's made from three times as much copper than nickel. Quote: you say our forefathers used cent and not penny. Actually due to familiarity, even after the mint opened they tended to still operate in pounds/shillings/and pence, or in dollars and eighths. Quote: There's no disputing that, just as B.Franklin said "A penny saved is a penny earned". Of course when he said that we were still British subjects and there were no cents. Quote: It was called a Penny as a throw back to colonial times when the US settlers came from The UK where the copper coin was a PENNY. The British copper coin was the half penny. The penny coin was a small silver coin and had not been struck for over a hundred years so no one had probably ever seen one. Quote: there has never been to my knowledge an official coin produced by the Mint that has inscribed Penny as a value. There has but they were being struck for other countries. Quote: And the US coin referred to as a Nickel has FIVE CENTS written on it! So why does no one mind it being called a Nickel? I admit that I do get sloppy from time to time and refer to the five cent piece as a nickel, but I am trying to break myself of the habit. The thing is that using proper terms is important. If you get sloppy on this and are allowed to get away with it, then how can we object to the use of improper terms in other areas? Shall we look the other way and let doubled die an double die be used interchangeably? And what obout other terms that have been used to describe doubled dies such as double struck, shift cents? Shall we let people call Machine Doubling Damage, Mechanical Doubling ejection doubling, chatter strikes or even doubled dies? Die cracks and die breaks interchangeably? And since Cuds are die breaks I guess it will be OK to call die cracks Cuds as well. Shouldn't be any problem if I talk about suction marks, and off-center coins can be referred to as "mis-printed". No I prefer to try to stay with the proper terms please, and the proper term for the coin that represent 1/100 of a dollar is a cent. Quote: I mean to say that don't we as a group become responsible to use the "proper " terminology while discussing coins and such. The use of proper terms is the mark of a professional or a serious student. The use of improper terms or slang is the mark of the amateur, layman, or ill-informed. Edited by Conder101 02/16/2009 1:54 pm Report this Post to the Staff
rggoodie Moderator United States 23531 Posts	Posted 02/16/2009 2:59 pm Report this Post to the Staff
KurtS Pillar of the Community United States 5318 Posts	Posted 02/16/2009 3:30 pm Quote: Of course when he said that we were still British subjects and there were no cents. Well, of course Franklin passed away before the Coinage Act of 1792--but it may also explain the penny's persistent usage in common speech? Obviously, we're not going to change that, so I'll choose to use "cent" only in cases where it actually matters. Report this Post to the Staff
rggoodie Moderator United States 23531 Posts	Posted 02/16/2009 4:33 pm Kurt You and I know we both have no Sense Report this Post to the Staff
QuickSilver Pillar of the Community United Kingdom 1077 Posts	Posted 02/16/2009 5:32 pm Wow! all this time I've been arguing the case for the penny based on the nickel. Who would have thought that was wrong too! Report this Post to the Staff
schmidty Pillar of the Community United States 677 Posts	Posted 02/16/2009 9:41 pm Quote: The thing is that using proper terms is important. If you get sloppy on this and are allowed to get away with it, then how can we object to the use of improper terms in other areas? Quote: The use of proper terms is the mark of a professional or a serious student. The use of improper terms or slang is the mark of the amateur, layman, or ill-informed. Again, But I'll try to make my point again. For those of you who aren't amateur, layman or ill-informed: POLITELY inform those of us who need to be informed. Making smart-aleck comments about pennies or cents tears away the little shred of confidence a beginner has. By all means, please help us newbies understand the correct terminology. But, in my very short time on this forum I have seen newbies get worthless, smart-aleck replies to legitimate questions. What did they do to deserve this? They used the P-word! The vast majority of us amateurs, laymen, and ill-informed, are here because we don't want to be any of the above. We want to learn enough to earn your respect. Just, please, don't treat us like we don't belong here. Is this forum only for "a professional or a serious student"? Disclaimer: I used Conder101's comments only to illustrate a point. I have never seen him (or her) do anything that I am complaining about. Report this Post to the Staff
KurtS Pillar of the Community United States 5318 Posts	Posted 02/16/2009 10:08 pm Quote: Just, please, don't treat us like we don't belong here. Everyone belongs here--including those "veterans" who put in a lot of their time to be helpful (or at least I hope so!). Humor aside, nobody should ever feel "educated" at their own personal expense. That's not what our forums are about, so if someone's ever being a jerk--just click the "send note to staff", and we'll look into it. --just my personal take. Report this Post to the Staff
schmidty Pillar of the Community United States 677 Posts	Posted 02/16/2009 10:17 pm Thank you for that reply KurtS. I was just venting some. Although I meant every word of it, I probably shouldn't have used generalities. The vast majority of members on here are extremely helpful and kind. And I suspect that the few who have made the snide comments probably (hopefully) were just having a little fun and didn't quite think about how the thread starter might take their comments. I've said my piece, and hopefully I didn't burn any bridges before they were even built! Report this Post to the Staff
manila galleon trade Pillar of the Community Spain 1361 Posts	Posted 02/16/2009 10:41 pm Report this Post to the Staff
manila galleon trade Pillar of the Community Spain 1361 Posts	Posted 02/16/2009 11:11 pm Quote: The use of proper terms is the mark of a professional or a serious student. The use of improper terms or slang is the mark of the amateur, layman, or ill-informed. Does that mean that Penny is not a proper term? A profesional should know how to use all terms that are proper and Penny is a term that is proper to US cents, and to other coins of the world that uses the term penny. Why do you call the 8 reales a Pillar dollar? If you are professional you know you can use both terms. Exception to the rule is the use of terms like; good coin or very good coin, when you mean to say nice coin or beautiful coin or coin that is not worn, because this can bring confusion. Profesionally, we know what a good coin is and an amateur or layman or ill informed does not know it. Report this Post to the Staff
nuggethill Pillar of the Community Australia 1015 Posts	Posted 02/17/2009 07:53 am With MGT Report this Post to the Staff
schmidty Pillar of the Community United States 677 Posts	Posted 02/17/2009 08:02 am Time to educate a newbie! LOL what does this guy mean? Report this Post to the Staff
QuickSilver Pillar of the Community United Kingdom 1077 Posts	Posted 02/17/2009 08:28 am I don't know but my heads in a spin! Report this Post to the Staff
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