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Message: The one-cent coin, commonly known as the penny, was the first currency authorized by the United States. Benjamin Franklin suggested the first design. The penny derives its name from its British counterpart, the pence. Pennies are plentiful. Since 1787, well over 300 billion pennies have been minted with eleven different designs. The first coins were one hundred percent copper. Paul Revere, the famous blacksmith, supplied some of the copper for the coins minted in the early 1790’s. Now due to the rising price of copper, the composition is 97.5 percent zinc and 2.5 percent copper. Pennies are powerful. On December 10, 2006, the Boston Globe ran an article entitled “Powerful Pennies.” The article highlighted a high school that waged a “penny war,” collecting monies for a food pantry. For years charitable organizations have used the collection of pennies to fund projects aimed at helping alleviate human need. Pennies are precious.… Read Full Article