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<p>[QUOTE=&quot;imrich, post: 2639288, member: 22331&quot;]You are correct, as the following link indicates: <a href="https://www.usmint.gov/mint_programs/circulatingCoins/index7757.html?action=CircPenny" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.usmint.gov/mint_programs/circulatingCoins/index7757.html?action=CircPenny" rel="nofollow">https://www.usmint.gov/mint_programs/circulatingCoins/index7757.html?action=CircPenny</a></p><p><br /></p><p>The U.S. Mint link shows the colloquial term (informal name) &quot;penny&quot; associated to the legal term &quot;one cent&quot;. The term penny is believed to have been related/used because of an ancestral connection to the English Pilgrim Fathers who came to &quot;America&quot;.</p><p><br /></p><p>I believe this link may properly describe the derivation of the term &quot;penny&quot;, that may be useful in explaining the interchange of the terms &quot;cent&quot; and &quot;penny&quot;:</p><p><a href="https://en.wikipedia.org/wiki/Penny" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Penny" rel="nofollow">https://en.wikipedia.org/wiki/Penny</a></p><p><br /></p><p>It&#039;s believed the U.S. Mint took liberties in using the term &quot;penny&quot;, knowing that the derivation history would probably support unchallenged informal usage.</p><p><br /></p><p>JMHO[/QUOTE]</p><p><br /></p>

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