The 1943 penny was made from galvanized steel due to a copper shortage during WWII, but a few were accidentally made from copper and are now extremely valuable. The penny is part of the “wheat penny” series and collectors should be cautious of forgeries. Other rare pennies include the 1955 double penny, 1944 steel penny, […]
The American penny has undergone several composition changes since its introduction in 1787, with the current penny being 97.5% zinc and 2.5% copper. The 1943 penny was made of zinc-coated steel due to a copper shortage during World War II, and only 40 copper pennies were accidentally minted that year, making them highly sought after […]
The cost of making a penny in the US is now higher than its face value due to the increased cost of materials. The US Mint is considering changing the composition of the coin or eliminating it altogether. The nickel also costs more to make than its face value, while dimes and quarters cost less. […]
Penny loafers are moccasin-style shoes with a diamond-cut upper and were named after the pennies that were once housed in the trim. They were historically associated with high society and formal wear, but have since become more casual. Gucci popularized the penny loafer with a metal chain, and Michael Jackson made them iconic in the […]
The penny bun is a small loaf of bread that was sized according to guidelines set forth by England’s Assizes of Bread and Ale of 1226. It was not a specific reference to its cost, and its price and weight could vary. Penny Bun Day was born after a prophetic dream of a wealthy Englishman, […]
A “red penny” can refer to a penny in mint condition, an Indian Head penny, or the Penny Red stamp used in Great Britain. The Indian Head penny was printed from 1859 to 1909 and is worth varying amounts depending on the year. The term “red penny” is used to describe a penny in pristine […]
The Indian penny is a one-cent coin minted in the US between 1859 and 1909, featuring the Statue of Liberty wearing a feathered headdress. Despite the large number minted, few survive, making them valuable. The most valuable is the 1877 issue, with less than a million minted. The coin was originally composed of 88% copper […]
The 1943 silver penny was made of steel due to copper being needed for the war effort. They are relatively common as collector’s items, but rare in circulation. The steel tarnished quickly and they were easily mistaken for dimes. Production was halted after one year, but a few 1944 silver pennies were also made. The […]
“Penny press” refers to a type of inexpensive newspaper sold for one cent in the 1800s, providing news coverage for working and lower classes. Today, some small publishers use the term to describe their inexpensive publications, and a penny press can also refer to a machine that stamps designs onto pennies. The term “penny press” […]
Buying penny stocks is similar to buying stocks on major exchanges, but investors should do extensive research and be aware of the risks. Penny stocks are traded on OTC markets and potential market manipulation is a concern. Investors must buy penny stocks individually through a broker and may have difficulty obtaining information. Penny stocks are […]
A gold penny can be a regular penny treated to look golden, or an ancient British coin worth twenty pence. Making a gold penny is a popular science experiment, but requires caution when using sodium hydroxide. To make a homemade gold dime, mix sodium hydroxide and zinc, heat it, and put a copper penny in […]
Investors should choose a penny stock analyzer with a diverse range of stocks, technical analysis, and a user-friendly interface. The best analyzers offer global and regional picks and information on off-exchange trading. To choose the best penny stock analyzer, investors can view the general settings of this financial tool as well as the details involved […]
Penny dreadfuls were cheap, sensationalized magazines popular with working-class male adolescents in 19th century Britain. They featured exaggerated stories of outlaws and lawmen, and inspired future writers and filmmakers. The low-quality paper used gave rise to the term pulp fiction. Few original copies remain, and readers may have formed informal clubs to share them. Since […]
“A penny for your thoughts” is an English idiom used to ask for someone’s opinion or to check on their well-being. It originated in the Middle Ages and was first recorded in written form by John Heywood. The phrase is not meant literally, but as a symbolic gesture of interest. Another similar expression is “your […]
“A penny saved is a penny earned” is an old adage that refers to the difficulty of being thrifty and saving money. It can also mean that saving is a form of income, as it takes effort not to spend money. The quote is often attributed to Benjamin Franklin, but versions of it existed before […]
