CENT vs PENNY.. What is the correct term?

That is a 1 cent coin from the euro area. Adding the word "euro", in a smaller font size, made sense because many of those early coins do not have a country name or code ...

Christian

 

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Did you read the post I quoted when I asked that question?

 

Yes, both of paddyman98's posts regarding the Spanish cent coins. My point was simply that our sub-unit is the cent. Side note: May well be that in Spanish language countries people use centavo, and thus people say centavo for cent in Spain. Interestingly that word was used on the Portuguese pre-euro coins while Spain had the céntimo instead ...

Christian

 

Question: If I refer to a "cent" as a penny in a numismatic setting will I be struck by lightning?

 

If you're wearing your copper clad tinfoil hat you will be protected.

 

No, not at all. You will, however, be struck by something much more powerful, the wrath of those pompous asses that believe that they are so much more superior than others.

 

yes

 

I wonder why none of the "centers" have the courage to comment on this

Could it be that they know they're wrong? Come on, anti pennyers, step up to the plate and share your wisdom.

 

I thought I covered that; "nickel" is a nickname, a colloquiallism, just like "penny," with respect to the present US coins. To be formally correct, one should speak of five-cent pieces.

 

I you are hit by lightning be sure to have a penny on your head.

Now read the quote in my sig line............... LOL

 

That's kinda my point.

A few things are nominally calculated in mills (e.g., property taxes), but your transactions are 'rounded' to the cent. Nobody has ever minded this.

If we drop cents from physical currency, we can 'round' to dimes with as much (little) significance as mills used to have.

 

Yes, you did cover it. But neither your answer, nor the arguments of others explain why the colloquialism "nickel" is universally accepted as a proper name for the five cent coin while the colloquialism "penny" is being derided as incorrect for the one cent coin. Aside from what is "correct", if we speak of nickels then we must accept pennies. Or, if we insist on calling the One Cent coin a "cent" (actually, in this case, the words one the coin are "One Cent" so if you want the terminology to be "correct" you should call it a "one cent") then we should also insist on calling the next larger coin a "five cent". Or, if you prefer to make reference to metallic composition, call them coppers and nickels. Of course, we also have 10¢, 25¢, 50¢ and $1 coins to be named correctly, but I'll let that go for another time.

The only way to settle this once and for all is to use the names that the manufacturer uses, along with the names referenced in the laws and regulations authorizing their manufacture.

 

Eight pages? If this much hot air had been spent on ISIS, they'd be out of business by now.

 

I just asked my secretary to correct a memo from one of our outside guys. The statement was "this would change the cost by just a few pennies". She hates me a little now, but I got a good laugh out of it before she realized what was going on.

 

It's almost humorous to see grown people get so upset about calling the one cent piece a 'penny'. Whereas the people who accept 'penny' as a good enough name for the coin also accept that it can be called a 'cent', it seems like those adamantly opposed to 'penny' only want it to be called a 'cent'.

And they say this because it is 'officially' the 'cent'. Yet the U.S. Mint calls it a penny time and time again. Hmmmm. http://www.usmint.gov/mint_programs/circulatingCoins/?action=circPenny

 

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We've crossed the line with this thread now...

 

This is great. This is the type of conversation I wanted to create. Let's go for 9 pages!

 

Sorry, but it is going to be a moving line.

 

This should make the case for calling the little buggers (thanks cpm) "Sheldons".

 

You must lead a very, very sheltered life.