Coin Value Chart: Typical Coin Prices, Values and Worth in USD based on Grade/Condition. USA Coin Book Estimated Value of 1917 Lincoln Wheat Penny (Doubled Die Obverse Variety) is Worth $193 in Average …1917 Australian penny value. What is a 1917 penny worth? Values, images, and specifications for 1917 penny coins from Australia. ... linking us on your. posts ... Click here to see the Melt Value of every US Coin. MELT VALUE: $0.0253 ... 1917-S Penny 1917-D Penny 1918-S Penny 1918-D Penny 1918 Penny 1920 Penny 1920-D Penny 1920 ... Explore the world of high-risk penny stocks, with their potential for significant returns, as we analyze three speculative opportunities. Embark on an exhilarating journey into the...As for penny value, a BN 1917 “S” penny in mint state 65 or above can sell for over $9,000. RB 1917 “S” specimens in MS 60 and higher have a value ranging from $135 to$3,600. RD wheat pennies from San Francisco have an estimated value of $360 at MS 62 and about $80,000 at MS 66. 7 Aug 2022 ... Today, we will be talking about the 1927 penny that can be worth much more than a few cents due to a small error, variety, or abnormality ...Feb 12, 2024 · 1935 S. $0.04. $0.51. $0.84. $11. Confirming Date and Mint Mark is a first step in the value process. Collectors of these wheat cents have identified elusive date and mint mark combinations. The result: a premium has developed with the branch mints of 1935. Date and Mint Marks are imaged, identifying the varieties. High-end specimens are significantly scarcer than the more common lower-end specimens of the 1927-S penny: A heavily worn 1927-S penny is worth $1.25 to $4. A specimen with only minor touches of wear is worth between $15 and $30. An uncirculated 1927-S penny is worth $80 or more. Prices in GBP £ Circulated Uncirculated Circulated: Defines business strike coins showing signs of circulation and/or wear. View the average prices of certified Penny 1917 sold at …A 1944 wheat penny with no mint mark means the Philadelphia mint produced it. The mint made 1,040,515,000 1944 unmarked wheat pennies and was the second-largest production of wheat series pennies between 1909-1958. These coins are typically worth between 2-4 cents and can be worth between $1.75-$2.00 or more in …United States coin values - 1792 to present. United States one cent (penny) values, 1793 to present. Lincoln wheat USA one cent (penny) values (1909 to 1958) Licoln Wheat USA one cent (penny) values, pg 2 (1916 to 1922) Sheldon Coin Grading System - pg 1, circulated coins. United States of America half cent values. The 1917 Mercury dimes have value as both numismatic coins and as silver bullion. Keep reading to learn more about these silver coins. Specifications. Type: Mercury Dime Year: 1917 Face Value: $0.10 Composition: 90% silver, 10% copper Silver Weight:.07234 oz. Total Weight: 2.5 grams Current Silver Bullion Value: $1.70Steps Leading to Value: Step 1: Recognize the Different Series of Cents - US pennies cover a large variety of series and styles with overlapping dates. Identify the different series to begin. Step 2: Date and Mintmark Variety - Within series, dates become important to value, identify all dates accurately. Step 3: Grading Condition - Judging …According to J.M. Bullion's evaluations, the majority of 1917 pennies average wholesale worth ranges from approximately $0.30 in good condition, $0.50 to in fine …Values for circulated coins are around $100, with about uncirculated examples valued at around $250. There’s a big range in the value of mint state coins, according to the color and quality. The independent coin graders, the PCGS, value a brown MS60 penny at $330. But the finest known examples are red pennies graded MS67.A 1944 wheat penny with no mint mark means the Philadelphia mint produced it. The mint made 1,040,515,000 1944 unmarked wheat pennies and was the second-largest production of wheat series pennies between 1909-1958. These coins are typically worth between 2-4 cents and can be worth between $1.75-$2.00 or more in …As of 2014, the value of a U.S. 1917 penny ranges between 75 cents and $45, according to CoinTrackers. There is a very rare error in this coin, and a penny with two front faces was...1917 S. $36. $58. $103. $211. Highlighted by the table is the wide range of potential value to a 1917 quarter. Notable is the premiums placed on better condition coins. These high collector quality coins are recognized by subtle points discovered in the grading process in Step 2 below.An average condition 1942 Lincoln wheat penny carries a value of $0.20 to $0.35, according to experts at CoinTrackers.com and CoinValues.com. Coins in certified, mint condition and...Click here to see the Melt Value of every US Coin. MELT VALUE: $0.0246. Show people this coin: ... 1916-S Penny 1917-S Penny 1917-D Penny 1917 Penny: Doubled Die Obverse 1917 Penny 1919 Penny 1919-D Penny 1919-S Penny 1920 Penny 1920-D Penny View Entire Lincoln Wheat Cent Penny Coin List. For Sale 75 Auctions 0 Wishlist 0 …Determine the value of your Canada Cent by using the free World Coin Price Guide on NGCcoin.com. ... US Coin Price Guide; ... 1917(no mint mark) Cent: 11,899,254 EF. £450. UNC. £550. Mintage: 1,666,000. Metal: 91.6% Gold. There are a number of factors that affect 1917 coin values, some coins struck during the reign of George V could be worth less than the guide prices listed here, other English coins dated 1917 may command much higher prices than shown. Coin Year:The most expensive 1972 D Lincoln penny sold for $4,250 on eBay in 2012. The attractive red shade and high MS 67+ grade are the crucial reasons for such a high price. One collector bought a brown 1972 D Lincoln penny on eBay in 2020 for $380, while a red-brown cent reached the lowest price of $207 in 2018.Before delving into how to use an Indian Head Penny value chart, it is crucial to understand the grading system used by coin collectors. Coins are graded on a scale from Poor (P-1)...Once flying high on their status as Reddit stocks, these nine penny stocks are falling back towards prior price levels. These Reddit stocks are falling back toward penny-stock pric...United States one cent (penny) values, 1793 to present. Lincoln wheat USA one cent (penny) values (1909 to 1958) Licoln Wheat USA one cent (penny) values, pg 2 (1916 to 1922) Sheldon Coin Grading System - pg 1, circulated coins. United States of America half cent values.Lincoln Pennies (1909-1958) The ever popular Lincoln wheat penny was first produced by the U.S. Mint in 1909. While the original edition pennies from 1909 can have significant collectable value, other editions of the Lincoln penny can be highly desired by coin collectors as well. A 1933-D, for example, may be valued at $2.30 or more. Before delving into how to use an Indian Head Penny value chart, it is crucial to understand the grading system used by coin collectors. Coins are graded on a scale from Poor (P-1)...Pricing the 1917 Lincoln Penny. The 1917 Lincoln penny’s price is something that depends on both the condition, or grade, and the type it is. Because most years saw 3 different types of this coin minted, there will be 3 different values for 2 pennies from the same year. The chart below will give you a better idea as to the value of these coins. 1917 UK threepence value. What is a 1917 British three pence worth? Values, images, and specifications for 1917 threepence coins from the United Kingdom. Australian coin and banknote values New Zealand predecimal coin values UK coin values - 1801 to 1967 United States coin values - 1792 to present ... linking us on your. posts, listings, and …Penny 1917 value. The value of a Penny 1917 British coin depends on several factors such as quality and wear, supply and demand, rarity, finish and more. Prices in GBP £. Circulated. Uncirculated. Variety. VG-8.In circulated condition, a 1916 penny is worth between $0.25 and $16.50. The coin can fetch up to $125 in uncirculated grades or more for red gem coins in mint state. The most expensive Wheat penny was graded mint state (MS) 67, and it sold for $8,338 at an auction in 2004.A mid grade condition 1917 Bronze Penny is worth about £9.00. Mintage for the Penny design struck dated 1917 is recorded as 107,905,436 coins. 1917 Penny Value, George V - sell today or buy online ... A mid grade condition 1917 Bronze Penny is worth about £9.00. (value mid point between VF and EF). George V 1917 Penny. VF £3. EF £15. UNC £60. …By: Eric Lyons The 1917 Lincoln Wheat penny was produced during the penultimate year of World War I. But unlike pennies produced in 1943 (during World War II), these coins …The 1954 Wheat penny value varies depending on each piece's condition and rarity. Therefore, Skip to content. CoinValueChecker. Penny. Most Valuable Indian Head Penny ... The pennies from 1954 are round coins of $0.01 face value. The US Mint produced them from a cupro-zinc alloy with a diameter of 1.75 inches (19.05 mm). Their …1817 one cent value - United States. The 1817 United States 'coronet head'. one cent obverse features the head of. Liberty facing left, with long, curly hair, wearing a headband showing the word. 'LIBERTY'. 13 stars surround the main. design, with the date below. The reverse shows the words 'ONE CENT'. inside a wreath.How Much is 1917 Australian Half Penny Worth? At retail, the 1917 Australian halfpenny value can range from $1 to over $400, depending on state of wear, desirability, demand, and availability in that relative state of preservation. The reverse of these Australian halfpenny coins has no writing on it. In 1939, a new design was introduced ...Coin. One Cent 1917 Wheat Penny. The United States one-cent coin (often called a penny, from the British coin of the same name) is a unit of currency equalling one …The Indian Head penny was introduced in 1859 with a composition of 88 percent copper and 12 percent nickel and a diameter of 19 mm, and a weight of 4.67 grams. In 1864 the mint changed the composition to 95 percent copper and 5 percent tin with a reduced weight of 3.11 grams. James B. Longacre designed both the obverse and the …1917 Australian threepence value. What is a 1917 three pence worth? Values, images, and specifications for 1917 threepence coins from Australia. Australian coin and banknote values New Zealand predecimal coin values UK coin values - 1801 to 1967 United States coin values - 1792 to present ... linking us on your. posts, listings, and websites. click …1920 PENNY - GEORGE V BRITISH BRONZE COIN - SUPERB: $20.00: 2d 8h left: Great Britain 1920 One Penny Copper Coin - King George V: $0.00: 3d 0h left: Great Britain 1920 One Penny Copper Coin - King George V: $0.00: 4d 2h left: 1920 Penny - George V British Bronze Coin - Very Nice: $12.00: 5d 2h left: Dated : 1920 - One Penny - 1d Coin - King ...Nov 9, 2023 · According to NGC, a 1917-S Penny can fetch between $2.50 and $11,500, depending on the variety and condition. Speaking of varieties, below is a comparison of how the value of Red, Brown, and Red-Brown 1917-S Pennies compare: The 1917-S Penny also sold some high-profile examples. 1917-D penny — A 1917-D wheat cent with “D” mintmark from the Denver Mint is worth between $1 and $7 in well-worn circulated condition. A typical chocolate-brown mint state piece is worth between $100 and $300, and a specimen with original reddish surfaces worth as much as $6,000. Click here to see the Melt Value of every US Coin. MELT VALUE: $0.0253. Show people this coin: ... 1917-S Penny 1917-D Penny 1918-S Penny 1918-D Penny 1918 Penny 1920 Penny 1920-D Penny 1920-S Penny 1921 Penny 1921-S Penny View Entire Lincoln Wheat Cent Penny Coin List. For Sale 102 Auctions 0 Wishlist 0 Collection 107. Sort By Newest …The most expensive 1972 D Lincoln penny sold for $4,250 on eBay in 2012. The attractive red shade and high MS 67+ grade are the crucial reasons for such a high price. One collector bought a brown 1972 D Lincoln penny on eBay in 2020 for $380, while a red-brown cent reached the lowest price of $207 in 2018.Click here to see the Melt Value of every US Coin. MELT VALUE: $0.0246. Show people this coin: ... 1916-S Penny 1917-S Penny 1917-D Penny 1917 Penny: Doubled Die Obverse 1917 Penny 1919 Penny 1919-D Penny 1919-S Penny 1920 Penny 1920-D Penny View Entire Lincoln Wheat Cent Penny Coin List. For Sale 75 Auctions 0 Wishlist 0 …The Lincoln penny is an iconic piece of US currency, and the version from 1920 is especially desirable for collectors. At first glance, you might mistake the 1920 Lincoln for a modern day coin, but upon closer inspection you will see there are subtle differences. ... When it comes to the value of a 1920 Lincoln penny, this is decided by both the type and grade of the …Get the best deals on 1917 Lincoln Wheat US Small Cents when you shop the largest online selection at eBay.com. Free shipping on many ... 1917-D Lincoln Cent “Best Value On eBay “ Free Shipping 1917d. $3.79. Was: $3.99. or Best Offer. Free shipping. 1917-D LINCOLN CENT - AU. $32.95 ... Free shipping. Ending Wednesday at 5:31PM PST 2d …Steps Leading to Value: Step 1: Date and Mintmark Variety – Identify each date and its mintmark variety. Step 2: Grading Condition – Judge condition to determine grade. Step 3: Special Qualities – Certain elements either enhance or detract from value. 1941 Lincoln Penny Value. Condition of Coin.1918 Lincoln Penny (S) $0.50. $2. $11. $32. Source: Red Book. All Market Updates are provided as a third party analysis and do not necessarily reflect the explicit views of JM Bullion Inc. and should not be construed as financial advice. In-depth overview of the 1918 Lincoln (Wheat) Penny including its key features, value and how to ...The NGC Coin Explorer — a searchable catalog of American and US coins — is your convenient numismatic library with important coin details from the NGC Price Guide, NGC Census, NGC Registry and Auction Central resources all in one place. Consider this coin list to be your coin index where you can look up coins of all types to learn collectible …1918 penny with a die crack or die cud — Raised blobs on the surface of a coin are caused by cracks, gouges, and other damage on the die (the device that stamps an image onto a blank coin). 1918 Lincoln cents with minor die cracks or die chips — which are seen as small bumps on the surface of the coin — can be worth $3 or $4. A 1918 cent ... 1918 Lincoln Penny (S) $0.50. $2. $11. $32. Source: Red Book. All Market Updates are provided as a third party analysis and do not necessarily reflect the explicit views of JM Bullion Inc. and should not be construed as financial advice. In-depth overview of the 1918 Lincoln (Wheat) Penny including its key features, value and how to ...Those coins cost $4,000 to $46,000, but the best-rated specimens in an MS 67 grade quickly reach $140,000 to $168,000 at auctions. At the moment, the most pricey 1917 S MS 67 obverse Walking Liberty half-dollar was paid $152,750 in August 2015. It is also the most expensive coin in the set.Coin Value Chart: Typical Coin Prices, Values and Worth in USD based on Grade/Condition. USA Coin Book Estimated Value of 1917 Lincoln Wheat Penny (Doubled Die Obverse Variety) is Worth $193 in Average Condition and can be Worth $3,967 to $8,018 or more in Uncirculated (MS+) Mint Condition. Click here to Learn How to use Coin Price Charts. Oct 28, 2017 · Coin values depend upon condition and rarity. Rare dates are worth far more than the prices listed. Coins that are damaged, cleaned, polished or very worn are worth less than the listed prices. For information about specific coin types, click a link below or see FAQ About Coins. For information about grading U.S. coins, see U.S. Coin Grading. 1 cent 1917 prices and values. The value of a Canadian coin depends on several factors such as quality and wear, supply and demand, rarity, finish and more. Circulated: 1 cent 1917 coins are business strike coins showing signs of circulation and/or wear. Select a date or variety to find the values and prices of all grades available. However, even the most well-worn examples of the no mintmark 1927 wheat penny are worth more than face value: In heavily worn condition, they’re worth about 15 to 25 cents.; Nicer examples with only a little wear are worth $1 to $2.; If you find an uncirculated 1927 Lincoln cent in an old collection or estate, the value is $10 to $20 or more. #2) 1927-D …1917 Australian penny value. What is a 1917 penny worth? Values, images, and specifications for 1917 penny coins from Australia. ... linking us on your. posts ... 3 days ago · Steps Leading to Value: Step 1: Date and Mintmark Variety – Identify each date and its mintmark variety. Step 2: Grading Condition – Judge condition to determine grade. Step 3: Special Qualities – Certain elements either enhance or detract from value. A review of the chart highlights the importance of completing the steps when determining ... Feb 12, 2024 · 1930 S. $0.38. $0.76. $1.19. $6. A quick separation in value is found in the exact combination of date and mint mark. 1930 cent varieties have three Date and Mint Mark Combinations. Branch mints struck small letters onto the coins as part of the design to identify their production. United States coin values - 1792 to present. United States one cent (penny) values, 1793 to present. Lincoln wheat USA one cent (penny) values (1909 to 1958) Licoln Wheat USA one cent (penny) values, pg 2 (1916 to 1922) Sheldon Coin Grading System - pg 1, circulated coins. United States of America half cent values. 1917 UK threepence value. What is a 1917 British three pence worth? Values, images, and specifications for 1917 threepence coins from the United Kingdom. Australian coin and banknote values New Zealand predecimal coin values UK coin values - 1801 to 1967 United States coin values - 1792 to present ... linking us on your. posts, listings, and …You can expect the price range of $1.25 to $54 for brown, $17 to $160 for red-brown, and $45 to $1,800 for red coins. On the other hand, the 1909 VDB pennies are rarer and more valuable. Depending on grade, brown specimens cost $3 to $450, while those with red-brown toning are worth somewhere between $22 to $22,000.Coin. Penny 1917. The British pre-decimal penny coin, abbreviated as 1d (from "denarius" - the Roman coin from which the penny is directly descended), was a unit of currency that …Prices in GBP £ Circulated Uncirculated Circulated: Defines business strike coins showing signs of circulation and/or wear. View the average prices of certified Penny 1917 sold at …Click here to see the Melt Value of every US Coin. MELT VALUE: $0.0246. Show people this coin: ... 1916-S Penny 1917-S Penny 1917-D Penny 1917 Penny: Doubled Die Obverse 1917 Penny 1919 Penny 1919-D Penny 1919-S Penny 1920 Penny 1920-D Penny View Entire Lincoln Wheat Cent Penny Coin List. For Sale 75 Auctions 0 Wishlist 0 …Aug 19, 2018 · This penny sold for $5,000 - 1917 wheat pennies worth big money. For more valuable coin tips give the video a thumbs up! Keep coin roll hunting and always re... As for penny value, a BN 1917 “S” penny in mint state 65 or above can sell for over $9,000. RB 1917 “S” specimens in MS 60 and higher have a value ranging from $135 to$3,600. RD wheat pennies from San Francisco have an estimated value of $360 at MS 62 and about $80,000 at MS 66. item 4 Australia 1917(I) One Penny 1 George VI - NGC MS65BN (2016464-007) Australia 1917(I) One Penny 1 George VI - NGC MS65BN (2016464-007) AU $1,650.00 Free postage1917 1C Doubled Die Obverse, RB (Regular Strike) Lincoln Cent (Wheat Reverse) - PCGS CoinFacts. CoinFacts. Half-Cents and Cents. Lincoln Cent (Wheat Reverse) Type 1, Wheat Reverse. 1917 1C Doubled Die Obverse, RB. 1917 1C, RB. 1917-D 1C, RB.USA Coin Book Estimated Value of 1917 Lincoln Wheat Penny is Worth $0.69 in Average Condition and can be Worth $21 to $35 or more in Uncirculated (MS+) Mint Condition. Click here to Learn How to use Coin …Copper Coin. Face Value. $0.01 USD. Mintage. 196,429,785. Lincoln Wheat Penny coins from 1917 are a common breed indeed, even more so than their 1916 counterparts. 1916 marks the earliest point in the Lincoln one-cent coin series that issues across each of the producing Mints are all highly common and only nominally priced in the collector market. The 1989 S PR 70 DCAM penny (Memorial) won an auction record of $1,380 in 2002. The 1989 D MS 69 red penny (Memorial) won an auction record of $1,024 in 2020. The 1989 PO 1 red-brown penny (Memorial) won an auction record of $925 in 2019. The 1989 MS 63 brown penny (Memorial) won an auction record of $920 in 2007.Coin. Penny 1917. The British pre-decimal penny coin, abbreviated as 1d (from "denarius" - the Roman coin from which the penny is directly descended), was a unit of currency that …The Indian Head penny was introduced in 1859 with a composition of 88 percent copper and 12 percent nickel and a diameter of 19 mm, and a weight of 4.67 grams. In 1864 the mint changed the composition to 95 percent copper and 5 percent tin with a reduced weight of 3.11 grams. James B. Longacre designed both the obverse and the …United States of America coin values. United States coin values - 1792 to present. United States one cent (penny) values, 1793 to present. Lincoln wheat USA one cent (penny) values (1909 to 1958) Licoln Wheat USA one cent (penny) values, pg 2 (1916 to 1922) Sheldon Coin Grading System - pg 1, circulated coins.Are you curious about the value of a 1917 penny? The worth of this small copper coin can vary greatly depending on several factors. In this article, we will delve into the key elem...Once flying high on their status as Reddit stocks, these nine penny stocks are falling back towards prior price levels. These Reddit stocks are falling back toward penny-stock pric...1915 S. $8.50. $16. $62. $205. Important to value is judging each coin individually. If a few coins to evaluate or many, early year Lincoln cents require close inspection. Overall, three main factors are needed to locate a specific value to your coin when reading the chart. Coin. Penny 1917. The British pre-decimal penny coin, abbreviated as 1d (from "denarius" - the Roman coin from which the penny is directly descended), was a unit of currency that …
A brown proof 1910 penny graded MS60 is worth around $375. If it’s red and brown, or red, that value will be around $425. For brown coins, the top grade certified to date is MS67. Three coins have been awarded that grade, and they’re each worth $4,500. For red and brown examples, quality also tops out at MS67.. What time does save a lot open
Oct 28, 2017 · Coin values depend upon condition and rarity. Rare dates are worth far more than the prices listed. Coins that are damaged, cleaned, polished or very worn are worth less than the listed prices. For information about specific coin types, click a link below or see FAQ About Coins. For information about grading U.S. coins, see U.S. Coin Grading. Steps Leading to Value: Step 1: Date and Mintmark Variety – Identify each date and its mintmark variety. Production totals vary and result in availability of each variety. Step 2: Grading Condition – Judge condition to determine grade. Step 3: Special Qualities – Certain elements either enhance or detract from value. 1940 Lincoln Penny Value.Go to the NGC US Coin Price Guide. Price Guide. Click on "Shop" to search for the coin on eBay. ... 1917(c) I: Penny: 6,240,000 Shop eBay! Shop MA-Shops! $ 1918(c) I: Penny: 1,200,000 Shop eBay! Shop MA-Shops! $ 1919(m) Dot below bottom scroll Penny: Shop eBay! ... are designed to serve merely as one of many measures and factors that coin …Lincoln Pennies (1909-1958) The ever popular Lincoln wheat penny was first produced by the U.S. Mint in 1909. While the original edition pennies from 1909 can have significant collectable value, other editions of the Lincoln penny can be highly desired by coin collectors as well. A 1933-D, for example, may be valued at $2.30 or more. If your small-sized penny is dated 1857 or 1858, it is a Flying Eagle Cent. A Flying Eagle Cent in the well-worn condition is worth about $15 to $25 if you sold it to a coin dealer. (Note: Most of the coin prices are realistic amounts that a dealer will pay you. They're not retail or "catalog" values like you find virtually everywhere else.The 1914-S is worth around $20 and up in circulated grades. The most common variety of 1914 Wheat Pennies is that from the Philadelphia Mint, which struck 75,238,432 Pennies; these are worth around 60 cents and up. The only other notable variety of 1914 Wheat Penny coins is the 1914 proof. These have a matte surface, squared-off rims, a sharp ... 1917 Wheat penny value Chart: Condition: 1917 no mint mark penny : 1917 DDO penny: 1917 D penny: 1917 S penny: Good: $0.57: $173: $1.16: $1.16: Very …10 Wheat Penny Values You'll Want To Know. If you find one of these wheat pennies in Mint Condition you've had some very good luck! These numbers are based on coins in MS60 Condition or better. 1917 Doubled Die: $3,000 - $6,000; 1955-P DDO: $4,000 - $16,000; 1922-D No D Strong Reverse: $12,000 - $30,000; 1944-P Steel: $50,000+ 1944 …1911 UK penny value. What is a 1911 British penny worth? Values, images, and specifications for 1911 penny coins from the United Kingdom. Australian coin and banknote values New Zealand predecimal coin values UK coin values - 1801 to 1967 ... linking us on your. posts, listings, and websites. click image. to expand. The obverse …United States of America coin and banknote values. United States of America coin values. United States coin values - 1792 to present. United States one cent (penny) values, 1793 to present. Lincoln wheat USA one cent (penny) values (1909 to 1958) Licoln Wheat USA one cent (penny) values, pg 2 (1916 to 1922) 1918 Lincoln Penny (S) $0.50. $2. $11. $32. Source: Red Book. All Market Updates are provided as a third party analysis and do not necessarily reflect the explicit views of JM Bullion Inc. and should not be construed as financial advice. In-depth overview of the 1918 Lincoln (Wheat) Penny including its key features, value and how to ...Coin. Penny 1917. The British pre-decimal penny coin, abbreviated as 1d (from "denarius" - the Roman coin from which the penny is directly descended), was a unit of currency that equalled one two-hundred-and-fortieth of a pound sterling (there were 20 shillings to a pound, and 12 pence to a shilling so one pound was equal to 240 pence)..