Is a penny 5 cents

Answer 1

In the US a "penny" is slang for 1 cent. It's a holdover from colonial days and almost no one calls the coin by its "correct" name. We all call them pennies.

The prior poster's answer is only very slightly correct. The value of a coin does increase if it's in better condition, but simply being shiny (only one "N") isn't enough. A coin's date and mint mark are as important as its condition. Even a very worn rare coin, e.g. a 1914-D cent, can be worth far more than a brand new common coin, e.g. a 2012 cent.

A penny can be many different amounts deppending [sic] on how shinny [sic] it is. when its [sic] very new its worth about $50. but as it looses [sic] its shine the price drops. But the very very old ones that are extremely dirty, depending on how old they are the price can go up. but only if its over twenty years. Hope this helped! :D