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<p>[QUOTE=&quot;Conder101, post: 1939345, member: 66&quot;]Actually it started with half pennies and one cent roughly equaled one half penny.&nbsp; The British didn&#039;t have a copper penny until 14 years after we gained our independence, and five years after our mint was making cents.</p><p><br /></p><p>The closest &quot;penny&quot; in value to our cent was the New York Penny which did not exist as a physical coin, just as a theoretical money of accounting.&nbsp; There were 90 New York pennies to the Spanish Milled dollar.[/QUOTE]</p><p><br /></p>

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