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 It superseded the Penny Red that had been used in Great Britain since 1841, and was the third one-penny stamp to enter regular usage in the country.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
Penny debate in the United States Penny debate in the United States A debate exists within the United States government, and American society at large, over whether the one-cent coin, commonly called the penny, should be eliminated as a unit of currency in the United States. Several bills introduced in the U.S. Congress would have ceased production of pennies, but none has been approved. Such bills would leave the nickel, at five cents, as the lowest-value coin in the United States. In 1990, United States Representative Jim Kolbe [R-AZ] introduced the Price Rounding Act of 1989, H.R. 3761 to eliminate the penny in cash transactions, rounding