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Which is correct, “cent” or “penny”?

February 25, 2017 | Author: | Posted in General Knowledge

Penny is not the official and legal designation of any coin minted by the United States. It is merely a colloquial name for the American one-cent piece.┬áPenny, however, has been applied to the American cent since the beginning of the United States coinage system. Until after the Revolution the English penny circulated freely in the …

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