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<p>[QUOTE=&quot;Owle, post: 1370375, member: 22004&quot;]<a href="http://en.wikipedia.org/wiki/Penny" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/Penny" rel="nofollow">http://en.wikipedia.org/wiki/Penny</a></p><p><br /></p><p>The first ones were around 700 AD.</p><p><br /></p><p>Etymology Old <a href="http://www.cointalk.com/wiki/English_language" class="internalLink ProxyLink" data-proxy-href="http://www.cointalk.com/wiki/English_language">English</a> versions of the word penny are <i>penig</i>, <i>pening</i>, <i>penning</i> and <i>pending</i>; the word appears in <a href="http://www.cointalk.com/wiki/German_language" class="internalLink ProxyLink" data-proxy-href="http://www.cointalk.com/wiki/German_language">German</a> as <i>Pfennig,</i> in <a href="http://www.cointalk.com/wiki/Dutch_language" class="internalLink ProxyLink" data-proxy-href="http://www.cointalk.com/wiki/Dutch_language">Dutch</a> and <a href="http://www.cointalk.com/wiki/Swedish_language" class="internalLink ProxyLink" data-proxy-href="http://www.cointalk.com/wiki/Swedish_language">Swedish</a> (often shortened to <i>peng</i>) as <i>penning,</i> and in <a href="http://www.cointalk.com/wiki/West_Frisian_language" class="internalLink ProxyLink" data-proxy-href="http://www.cointalk.com/wiki/West_Frisian_language">West Frisian</a> as <i>peinje</i> or <i>penje</i>. In Swedish, the word <i>pengar</i> is also the most common for <i>money</i>. These words are thought by some to have common roots with the English word &quot;<a href="http://www.cointalk.com/wiki/Pawn_(law)" class="internalLink ProxyLink" data-proxy-href="http://www.cointalk.com/wiki/Pawn_(law)">pawn</a>&quot;, German <i>Pfand</i>, and Dutch <i>pand</i>, words which mean &quot;a pledge or token&quot;.[SUP]<a href="http://www.cointalk.com/#cite_note-0" class="internalLink ProxyLink" data-proxy-href="http://www.cointalk.com/#cite_note-0">[1]</a>[/SUP]</p><p>[h=2][<a href="http://www.cointalk.com/w/index.php?title=Penny&amp;action=edit&amp;section=2" class="internalLink ProxyLink" data-proxy-href="http://www.cointalk.com/w/index.php?title=Penny&amp;action=edit&amp;section=2">edit</a>] Origin and history of development[/h]The silver penny of medieval Europe was modeled on similar small silver coins from antiquity: the <a href="http://www.cointalk.com/wiki/Greek_drachma" class="internalLink ProxyLink" data-proxy-href="http://www.cointalk.com/wiki/Greek_drachma">Greek drachma</a> and <a href="http://www.cointalk.com/wiki/As_(Roman_coin)" class="internalLink ProxyLink" data-proxy-href="http://www.cointalk.com/wiki/As_(Roman_coin)">Roman Denarius</a>.[/QUOTE]</p><p><br /></p>

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