Penny Red Perkins Bacon's contract. It was superseded by the Penny Venetian Red printed by De La Rue, which was in use for a little over a year before being succeeded in turn by the long-lived Penny Lilac. Since then, the stamp has become in demand amongst stamp collectors. Penny Red The Penny Red was a British postage stamp, issued in 1841. It succeeded the Penny Black and continued as the main type of postage stamp in the United Kingdom of Great Britain and Ireland until 1879, with only minor changes to the design during that time. The colour was changed from
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