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Real coins·30 April 2026·4 min read

The penny — the coin that has lived for 1,200 years

First struck in 8th-century England, the penny is among the longest-lived coin names in the world.

The penny — the coin that has lived for 1,200 years
Image: CC-BY 2.0 · Wikimedia Commons

The silver penny appeared in Anglo-Saxon England, around the year 760. For centuries it was practically the only English coin — everything was reckoned in pennies.

Cut into halves and quarters

For small amounts, people literally cut the penny in half or in quarters. Hence the "half-penny". Living proof that money adapts to people's practical needs.