Penny Blue Penny Blue The Penny Blue is frequently mistaken for a postage stamp of Britain. It is from a series of proof impressions which were made at the time Rowland Hill was looking at the new colours which were to be used for the stamps which were to replace the Penny Black and the original 1840 issue of the Two pence Blue. The decision to change the black stamp to red had already been made, and at the same time the colour of the ink used for the cancellations was to be changed from red to black. Although it had been
Penny in 1816), among them being the shilling, six-pence of silver, the penny, half-penny, and quarter-penny in copper, were introduced to the Cape. Later two-shilling, four-penny, and three-penny coins were added to the coinage. The size and denomination of the 1816 British coins, with the exception of the four-penny coins, were used in South Africa until 1960. Handling and counting penny coins entail transaction costs that may be higher than a penny. It has been claimed that, for micropayments, the mental arithmetic costs more than the penny. Changes in the price of metal commodity, combined with the continual debasement of paper