The idea that finding a dime brings good luck is rooted in superstition and folklore, with no scientific basis. The belief is ingrained in many cultural traditions, with children often learning variations of the rhyme “find a penny, take it and all day you’ll be lucky.” The origins of this belief are unclear, but explanations range from early beliefs about the divine origins of metal to the idea that money symbolizes power.
Origins of superstition
People often resort to ancient rituals they believe can avert disaster or bring good fortune, which is typically considered a form of superstition. Many superstitions revolve around the struggle between good and evil, with rituals designed to tip the balance in favor of good. Lucky pennies fall into this category.
Finding a dime and picking it up is a relatively new take on an old superstition. Ancient cultures believed that metal was a gift from the gods to protect against evil, which may have developed into the idea that metal brings good luck. This belief may also have influenced the notion that hanging a horseshoe over a door frame can change a family’s fortunes, as well as the practice of wearing charm bracelets and carrying “good luck” coins.
The promise of wealth and power associated with money can also be an influence. Although cents are relatively minor today in terms of actual value, this was not always the case, and all savings must start small. Some people believe that the tradition of good luck pennies comes from times when pennies were worth more and represented a start or change towards monetary solvency.
Possible variations
Cultural sayings and traditions vary from place to place and generation to generation, and the twists on the penny superstition are no different. The precise wording of the saying can differ, as can the actual ritual. Some people say that a penny is only good luck if it is heads up, while others believe that the found cent must be passed on to a friend or stranger to bring luck.
Some cultures, particularly those with roots in Ireland and Northern Europe, traditionally believe that found pennies belong to leprechauns, fairies, or other small creatures. In these situations, finders are usually advised to spit on the coin and toss it into nearby bushes or hedges for the little beings, who will then bring luck or fortune to the giver.
Related phrases and beliefs
There are several traditional beliefs and spells centered around cents. Many brides in Western countries place a penny in one of their shoes before they get married, often as a way to bring good luck or wealth to the union. The common saying “Put a penny wrapped in paper, keep it to avoid your debtors” is another phrase that holds sway over superstitious people in many cultures.
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