Shopping on line can be easy, simple and save you lots of money. It can also take a lot of your time, frustrate you, and result in unwanted purchases. Now the same can be said for regular high street shopping, but with the vast opportunity presented by the Internet it will pay you to spend a few minutes reading this and understanding how to better optimize your Penny shopping experience:
1. Compare - without doubt the biggest advantage that the Penny offers shoppers today is the ability to compare thousands of Penny at a time. This is a great thing, but not necessarily all the time! Too much can be daunting at times so take advantage of the great comparison sites and where possible let them do the hard work for you.
2. Research - if it has been said it will be on the internet. Ignorance is no longer a justifiable reason for buying the wrong thing. Take the time to research in detail everything that you could possible want to know about
3. Testimonials - don't know anybody that has bought a Penny? Wrong! If the Penny is good the internet will let you know. Use the Internet as a friend and get testimonials before you buy.
4. Questions - Got a question about Penny then search the Forums, FAQ's, Blogs etc. Don't be afraid to ask .....
5. Reputation - Never heard of the company selling Penny? Don't worry, no reason why you should know every company in the world, but you know someone that does! Use the internet to find out what people are saying about Penny and build up a picture of their reputation for sales, returns, customer service, delivery etc.
6. Returns - still worried that even after all of the above your Penny wont be what you want? Check out the returns policy. There is so much competition now that someone, somewhere is bound to offer the terms that you are comfortable with.
7. Feedback - happy with your Penny then let people know, after all you are depending on others people input in your buying decision, so why not give a little back.
8. Security - check for the yellow padlock on the Penny site before you buy, and the s after http:/ /i.e. https:// = a secure site
9. Contact - got a question about Penny, or want to leave a comment then check out the sites contact page. Reputable companies have them and respond.
10. Payment - ready to pay for your Penny, then use your credit card or PayPal! Be aware of companies that don't accept them, there may be genuine reasons but given the huge amount of choice you have when buying online there is no reason at all not to buy via credit card or PayPal.
For the NBA basketball player with the nickname, see Penny Hardaway.
This article is about the unit of currency. Penny is also a familiar diminutive of the name Penelope. "Pennies" is a Smashing Pumpkins song, released on the Zero (song)
EP.
A 'penny
(pl. pence
or pennies
) is a coin or a unit of currency used in several English language-speaking countries.
Value
The penny is among the lowest denomination of coins in circulation.
- 1/100 of the United Kingdom Pound Sterling (see British one penny coin), the former Irish pound, the Gibraltar pound, the Falkland Islands pound, or a coin with that value: see history of the English penny.
- 1/240 of the British pound sterling or Irish pound prior to February 15, 1971, of the Pound Scots prior to 1707, and also the pre-decimalisation currencies of Australia, New Zealand and South Africa (1/12 of the shilling), or a coin of that value.
- a common but unofficial name for the one-cent coin in the United States and in Canada, worth 1/100 of the dollar: see One Cent (United States coin), penny (Canadian coin). This word is not used by the United States Mint or the Royal Canadian Mint; they use cent.
In addition, variants of the word
penny, with which they share a common root (linguistics), are or were the names of certain units of currency in non-English-speaking countries:
In the United States and Canada, "penny" is normally used to refer to the coin - the quantity of money is a "Cent (currency)." Elsewhere in the
English language-speaking world, the plural of "penny" is "pence" when referring to a quantity of money and "pennies" when referring to a number of coins. Thus a coin worth five times as much as one penny is worth five pence, but "five pennies" means five coins, each of which is a penny.
When dealing with British or Irish (pound) money, amounts of the decimal "new pence" less than £1 may be suffixed with "p", as in 2p, 5p, 26p, 72p. Pre-1971 amounts of less than 1/- (one shilling) were denoted with a "d" which derived from the term "
denarius", as in 2d, 6d, 10d. The lettering "new pence" was changed to "pence" on British decimal coinage in 1982. Irish pound decimal coinage only used "p" to designate units (possibly as this sufficed for both the English word "pence", and Irish form "pingin").
The
British one penny coin (pre-decimal) as a unit of currency dates back several hundred years.
Other uses
To "spend a penny" in British idiom means to
urinate. The etymology of the phrase is literal; some public toilets used to be coin-operated, with a pre-decimal penny being the charge levied. Eventually, at around the same time as the introduction of
Decimal Day,
British Rail gradually introduced better public toilets with the name
Superloo and the much higher charge of 6d. BBC Nation on Film - Rise and Fall of LNER Mod Cons - Engines Must Not Enter the Potato Siding: "Spend a 6d in the superloo" The government advised that in speech the new units should be called "pee" to distinguish them from the older "pennies" or "pence". money slang history
Finding a penny is sometimes considered lucky and gives rise to the saying, "Find a penny pick it up, all the day you'll have good luck."
Nails
In the US, the length of a nail is designated by its
penny size. It is commonly believed that the origin of the term "penny" in relation to nail size is based on the old custom in England of selling nails by the hundred. A hundred nails that sold for six
British One Penny coin (pre-decimal) were "six penny" nails. The larger the nail, the more a hundred nails would cost. Thus the larger nails have a larger number for its
penny size. This classification system was still used in England in the
18th century, but is obsolete there.
The
penny size is written with a number and the abbreviation
d for penny (e.g. - 10d).
D is an abbreviation for
denarius, a Roman coin similar to a penny; this was the abbreviation for a penny in the
United Kingdom before
decimalisation. A smaller number indicates a shorter nail and a larger number indicates a longer nail. Nails under 1¼ in., often called brads, are sold mostly in small packages with only a length designation (e.g. ½" (12 mm), 1" (28 mm), etc.).
Criticism
The physical handling and counting of pennies creates
transaction costs that may be higher than a penny per penny spent. Furthermore, as has been claimed for
micropayments, due to mental transaction costs one cent may exceed the useful price granularity of almost all products and services sold over the counter—granularities of five or ten cents may be sufficient. Also, inflation periodically causes the metal value of pennies to exceed their face value, making them wasteful to mint.New York Times, " AROUND THE NATION; Treasurer Says Zinc Penny May Save $50 Million a Year", April 1, 1981USA Today, Barbara Hagenbaugh, " Coins cost more to make than face value", May 10, 2006 Several nations have stopped minting equivalent value coins, and efforts have been made to end the routine use of pennies in the United States.
See also
References
External links
- The MegaPenny Project - A visualisation of what exponential numbers of pennies would look like.
- Coin Collection - A wide variety of pennies to explore and analyse.
- Silver Pennies - Pictures of English silver pennies from Anglo-Saxon times to the present.
- Copper Pennies - Pictures of English copper pennies from 1797 to 1860.
For the NBA basketball player with the nickname, see Penny Hardaway.
This article is about the unit of currency. Penny is also a familiar diminutive of the name Penelope. "Pennies" is a Smashing Pumpkins song, released on the Zero (song) EP.
A 'penny
(pl. pence
or pennies
) is a coin or a unit of currency used in several English language-speaking countries.
Value
The penny is among the lowest denomination of coins in circulation.
- 1/100 of the United Kingdom Pound Sterling (see British one penny coin), the former Irish pound, the Gibraltar pound, the Falkland Islands pound, or a coin with that value: see history of the English penny.
- 1/240 of the British pound sterling or Irish pound prior to February 15, 1971, of the Pound Scots prior to 1707, and also the pre-decimalisation currencies of Australia, New Zealand and South Africa (1/12 of the shilling), or a coin of that value.
- a common but unofficial name for the one-cent coin in the United States and in Canada, worth 1/100 of the dollar: see One Cent (United States coin), penny (Canadian coin). This word is not used by the United States Mint or the Royal Canadian Mint; they use cent.
In addition, variants of the word
penny, with which they share a common root (linguistics), are or were the names of certain units of currency in non-English-speaking countries:
In the
United States and
Canada, "penny" is normally used to refer to the coin - the quantity of money is a "Cent (currency)." Elsewhere in the
English language-speaking world, the plural of "penny" is "pence" when referring to a quantity of money and "pennies" when referring to a number of coins. Thus a coin worth five times as much as one penny is worth five pence, but "five pennies" means five coins, each of which is a penny.
When dealing with British or Irish (pound) money, amounts of the decimal "new pence" less than £1 may be suffixed with "p", as in 2p, 5p, 26p, 72p. Pre-1971 amounts of less than 1/- (one shilling) were denoted with a "d" which derived from the term "denarius", as in 2d, 6d, 10d. The lettering "new pence" was changed to "pence" on British decimal coinage in 1982. Irish pound decimal coinage only used "p" to designate units (possibly as this sufficed for both the English word "pence", and Irish form "pingin").
The British one penny coin (pre-decimal) as a unit of currency dates back several hundred years.
Other uses
To "spend a penny" in British
idiom means to
urinate. The etymology of the phrase is literal; some public toilets used to be coin-operated, with a pre-decimal penny being the charge levied. Eventually, at around the same time as the introduction of Decimal Day, British Rail gradually introduced better public toilets with the name
Superloo and the much higher charge of 6d. BBC Nation on Film - Rise and Fall of LNER Mod Cons - Engines Must Not Enter the Potato Siding: "Spend a 6d in the superloo" The government advised that in speech the new units should be called "pee" to distinguish them from the older "pennies" or "pence". money slang history
Finding a penny is sometimes considered lucky and gives rise to the saying, "Find a penny pick it up, all the day you'll have good luck."
Nails
In the US, the length of a nail is designated by its
penny size. It is commonly believed that the origin of the term "penny" in relation to nail size is based on the old custom in England of selling nails by the hundred. A hundred nails that sold for six British One Penny coin (pre-decimal) were "six penny" nails. The larger the nail, the more a hundred nails would cost. Thus the larger nails have a larger number for its
penny size. This classification system was still used in England in the
18th century, but is obsolete there.
The
penny size is written with a number and the abbreviation
d for penny (e.g. - 10d).
D is an abbreviation for
denarius, a Roman coin similar to a penny; this was the abbreviation for a penny in the United Kingdom before decimalisation. A smaller number indicates a shorter nail and a larger number indicates a longer nail. Nails under 1¼ in., often called brads, are sold mostly in small packages with only a length designation (e.g. ½" (12 mm), 1" (28 mm), etc.).
Criticism
The physical handling and counting of pennies creates
transaction costs that may be higher than a penny per penny spent. Furthermore, as has been claimed for
micropayments, due to mental transaction costs one cent may exceed the useful price granularity of almost all products and services sold over the counter—granularities of five or ten cents may be sufficient. Also, inflation periodically causes the metal value of pennies to exceed their face value, making them wasteful to mint.New York Times, " AROUND THE NATION; Treasurer Says Zinc Penny May Save $50 Million a Year", April 1, 1981USA Today, Barbara Hagenbaugh, " Coins cost more to make than face value", May 10, 2006 Several nations have stopped minting equivalent value coins, and efforts have been made to end the routine use of pennies in the United States.
See also
References
External links
- The MegaPenny Project - A visualisation of what exponential numbers of pennies would look like.
- Coin Collection - A wide variety of pennies to explore and analyse.
- Silver Pennies - Pictures of English silver pennies from Anglo-Saxon times to the present.
- Copper Pennies - Pictures of English copper pennies from 1797 to 1860.
Independent BBW Escort – Sussex Surrey London Kent
independent, bbw escort female Penny in sussex, surrey, london, and kent,offers a GFE and much more in Gatwick, Brighton, Horsham, South, East, England, London
Penny Shares
A layman's guide to the world of penny shares. Penny Stocks & Shares is a great place to learn about penny stocks.
BBC - Strictly Come Dancing - Contestants - Penny
Welcome to the official site for Strictly Come Dancing ... Penny Lancaster Stewart and Ian Waite were the sixth couple to be eliminated.
Property For Rent And Furnishing Packages, Manchester, UK - Penny ...
Lettings and managing agents, view available properties online.
GMTV - Penny's hairstyles
As GMTV favourite Penny Smith reveals her latest look, check out her many styles from years gone by
Graham Penny Auctions - Welcome to Graham Penny Auctions
Graham Penny Auctions. Professional property auction service in Derby. ... Graham Penny Auctions is the Number One Property Auctioneer in the East Midlands * dominating the East ...
Penny Shares Online
It's a fact that investing in small companies may offer up huge capital growth opportunities. It's just a case of having all the information at your fingertips before you make your ...
Penny Shares And Small Cap Company Information from City Equities
Receive a complimentary research report. CityEquities.com provide small cap company information and penny share research.
Penny Ferguson » Home Page
Penny Ferguson Integral Performance ... It's not just about how good a leader you are, but how many leaders you develop"
Penny - Wikipedia, the free encyclopedia
A penny (pl. pence or pennies) is a coin or a unit of currency used in several English-speaking countries.
