Penny Napoleonic Wars prompted the use of base metals in 1797. Despite the decimalization of currencies in the United States and, later, throughout the British Commonwealth, the name remains in informal use. No penny is currently formally subdivided, although farthings (¼ d.), halfpennies, and half cents have previously been minted and the mill (1/10¢) remains in use as a unit of account in some contexts. "Penny" is first attested in a 1394 Scots text, a variant of Old English ', a development of numerous variations including ', ', and '. The etymology of the term "penny" is uncertain, although cognates are
Penny Venetian Red Penny Venetian Red The Penny Venetian Red was a British postage stamp equal to the value of one penny. Issued in 1880, it was designed and surface-printed by security printing company De La Rue. It superseded the Penny Red that had been used in Great Britain since 1841, and was the third one-penny stamp to enter regular usage in the country. The Venetian Red was aesthetically similar to the Penny Red and Penny Black that had come before it, but was instead coloured a venetian red and had a square framing. Close to 1.5 million Venetian Reds were printed during