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 rug Penny rug A penny rug is a decoration made of stitched together coin shaped fabric scraps. In the 1800s, starting around the time of the Civil War, thrifty homemakers would use scraps of wool or felted wool from old clothing, blankets and hats to create designs for mats or rugs. Using coins as templates, they created circles and each piece was then stitched in blanket stitch fashion. (Thus, the name "penny" rug). Sometimes, the mats or rugs were backed with old burlap bags or feed sacks. Sometimes a penny was stitched inside the mat to make it lie flat. Penny