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<p>[QUOTE=&quot;Oldhoopster, post: 3336006, member: 84179&quot;]Numismatics is the study coins and paper money.&nbsp; As with any field of study, there is standard nomenclature.&nbsp; The official name for the coin valued at 1/100 of a dollar is “Cent”.&nbsp; While many people use the colloquial term “penny”, this is not correct. </p><p><br /></p><p>If you’re just casually passing through the field of numismatics, and use the term “penny”, everybody knows what you’re talking about.&nbsp; However, if you want to learn about numismatics and continue to grow in experience and knowledge, then using the correct terminology will help your credibility.&nbsp; That’s why people are telling you that Cent is correct.&nbsp; They’re assuming you want to learn and grow in the hobby.&nbsp; Arguing with people who are trying to help you isn’t always the smartest way to gain their support.&nbsp; Just sayin’[/QUOTE]</p><p><br /></p>

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