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Penny Vs Cent Terminology

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nfine's Avatar
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 Posted 04/18/2018  10:18 am Show Profile   Bookmark this topic Add nfine to your friends list Get a Link to this Message Number of Subscribers
Why do some insist the term Cent be used rather than Penny, but have no issue calling a 5 cent coin a Nickle?

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SilverDollar2017's Avatar
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 Posted 04/18/2018  10:26 am  Show Profile   Bookmark this reply Add SilverDollar2017 to your friends list Get a Link to this Reply
A penny is a coin used in Britain. A cent is used in the US. However, because of Britain's influence in America since the 1600s, the US cent is still associated with a British penny.

The composition of 5 cent pieces in 75% copper and 25% nickel. Nickel is also easier to say than "5 cent piece".
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Finn235's Avatar
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 Posted 04/18/2018  10:33 am  Show Profile   Bookmark this reply Add Finn235 to your friends list Get a Link to this Reply
Sorry if this is straying from the topic too much, but I have always wondered about the origin of calling the US cent a penny, since until 1797 the penny was in fact a small silver piece? Maybe it comes from the penny-value tokens? Or did everyone in the 1790s call them cents, and switch to "penny" in the 1800s?

At any rate, I do try to use cent on this site, but IMO " Wheat penny" and " Indian Head penny" sound better.
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Conder101's Avatar
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 Posted 04/18/2018  11:22 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
Sorry if this is straying from the topic too much, but I have always wondered about the origin of calling the US cent a penny, since until 1797 the penny was in fact a small silver piece?


My theory on this relates to the New York money of account. At the time, for the U. S. mint was established, each state had their own "money of account" based on its relationship to the Spanish milled Dollar. Typically these were expressed in the terms of shillings to the dollar, a shilling being a "12 pence coin". None of these monies of account had a physical existence. The money of account for New York, the financial center of the country, worked out to roughly 96 pence to the dollar. Since a great deal of business was done with New York most everyone was familiar with the New York money of account. The new U. S. one cent at 100 to the dollar is almost exactly the value of the New York penny. It was also roughly the size, weight, and value of the British halfpenny. Since the term penny was more familiar to the people, and the New York penny was the equivalent of the U. S. cent, the cent acquired the common use name of penny.

I do try to refer to the five cent piece, as a five cent piece not a nickel. I do get sloppy at times and use the slang term, but I do try to stress using proper terms at all times. Not just for cent and penny. Use of correct terms, in the long run, reduces confusion.
Edited by Conder101
04/18/2018 11:24 am
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bobby131313's Avatar
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 Posted 04/18/2018  11:29 am  Show Profile   Bookmark this reply Add bobby131313 to your friends list Get a Link to this Reply

Quote:
A penny is a coin used in Britain. A cent is used in the US.


Well, someone should tell the people that make them then.

The US Mint even teaches kids that "penny" is perfectly fine.

https://www.usmint.gov/learn/kids/c...-coins/penny
https://www.usmint.gov/learn/kids/a...tegory/penny

If the people that make them call them a penny, I think it's ok for anyone to call them a penny.
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nfine's Avatar
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 Posted 04/18/2018  11:38 am  Show Profile   Bookmark this reply Add nfine to your friends list Get a Link to this Reply
The US Mint also calls the Lincoln coin a Penny on the COA's that come with proof and uncirculated sets.
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dbrablec's Avatar
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 Posted 04/18/2018  1:05 pm  Show Profile   Bookmark this reply Add dbrablec to your friends list Get a Link to this Reply
every box of 1 cent coins that I have gotten from my bank has $25 PENNIES - labeled on the box...

just saying...
Edited by dbrablec
04/18/2018 1:56 pm
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Crazyb0's Avatar
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 Posted 04/18/2018  1:59 pm  Show Profile   Bookmark this reply Add Crazyb0 to your friends list Get a Link to this Reply
Does anybody actually care about accuracy of origins anymore, really? This is a moot point, strawman again. I think HISTORICALLY Conder's has it right, the divisions of 1/200 for the Half Cent, and 1/100 for the One Cent on their respective reverses proves that point. The monetary setup of the US (pre-Treasury and Wall Street) set the Standard for the new country's entrance into the world of international business and trade.

Secondly, one must remember, we did have our first war for Independence from the British Crown (second was 1814). Sentiment was still quite divided among many of the population(ain't changed much) as to the "should have/shouldn't have" attitudes. The CENT, was in opposition to the PENNY back then. As time passed, England became allied strongly, so either became acceptable as long as the old "coppers" still freely circulated. The end of the large coppers should have signalled the end of debate, but by then, no one cared either way, was thoroughly accepted.

Now, let's take this argument a few steps further since "nickel" was mentioned. Of course all realize "nickel" is slang, so is two-bits" for a quarter, wholly acceptable, but uncommon now. My question is, why not continue to consider it the " Half Disme"? Why? Because an act of Congress authorized a monetary unit to be called "5 Cents" and "One Dime" on their bodies. Oh, we must not forget now the most obvious overlooked slang term, the "Buck"!

Edited by Crazyb0
04/18/2018 2:02 pm
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Tootallious's Avatar
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 Posted 04/18/2018  2:39 pm  Show Profile   Bookmark this reply Add Tootallious to your friends list Get a Link to this Reply
Thank you Crazyb0! That was a very interesting lesson in the history of ou coinage and a valuable one at that
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T-BOP's Avatar
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 Posted 04/18/2018  3:01 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
Like I said once before on a previous post ; When you go to the bank CRH'ing ,we don't say can I have 10 rolls of Cents . No ,we say can I have 10 rolls of Pennies .
You know what , I'm tired of this pettiness trying to make hardline Numismatics happy by calling them Cents . From now on I will be calling them Pennies and who ever don't like it , tuff poop .

Quote:
If the people that make them call them a penny, I think it's ok for anyone to call them a penny.

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jbuck's Avatar
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 Posted 04/18/2018  3:06 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
I used to make a big deal over it, but have since mellowed with age.
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Coinfrog's Avatar
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 Posted 04/18/2018  5:06 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Me too. Silliness to make a distinction - I was reminded of that at the hardware store this morning, where at the checkout counter there was a little box that said "Take a Penny, Leave a Penny".
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T-BOP's Avatar
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 Posted 04/18/2018  5:13 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
Bobby , jbuck & coinfrog =
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moxking's Avatar
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 Posted 04/18/2018  5:29 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
Some folks feel the need to correct others, regardless of if they are right, or not.

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BadThad's Avatar
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 Posted 04/18/2018  5:45 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
The technical numismatic term is cent. However, penny is perfectly acceptable. As long as everyone knows what you're talking about, who really cares.
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jbuck's Avatar
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 Posted 04/18/2018  5:56 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
As long as everyone knows what you're talking about, who really cares.
This.
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