I agree, only a name. Having to get technical with the difference of a "cent" and "penny" is not only ridiculous, it means nothing.
Nice find. I found one couple years back almost as good as yours took it to a show the first guy I showed it too gave me $100 for it.
Me as well, and couldn't agree more about the stupid politically correctness of the world today. And back in the 40's there was this guy uuuuummmmmm what the heck was his name............oh yeah Dr.William H Sheldon and he wrote a book................ now what the heck was it called uuuuummmmmm oh yeah penny whimsy. And as agent J (MIB) said to Zed " I'd appreciate it if you would ease up of my back about it". It's called word evolution and if you look back in time at some of the words of the past there are many that have transformed/evolved into other meanings GET OVER IT.
Dan Aykroyd: [clears his throat] The Treasury has just released the new metric conversion terms for American Federal Reserve currency, which will come into effect in 1981. The dollar will still be called the dollar, but quarters will be called quart-dollars, dimes will be deca-dollars, nickels will be penta-dollars, and pennies will be called hi-how-do-ya-do's. No explanation was given.
Penny is a widely accepted, even prevailing, colloquial term for a one cent piece. Yes, "penny" comes from England, and we don't exactly speak the Queen's English in the US, but aside from a few terms like "shag" and "lorry", most British terms make sense here too. Sure, "cent" may be proper when discussing vintage and collectible one-cent pieces, but try asking someone on the street or in the grocery line if they can spare a "cent" - they'll look at you cock-eyed, and rightfully so. "A cent saved is a cent earned" - some nerd on a numismatic message board
When the above quote was first written or said there was no U.S. penny or cent. Plus we are coin collectors/numismatist not your average money carrying Joe.