Money: Pennies

Lesson Plan - Get It!

Audio:

In the United States of America, people use paper money and coins to buy items from stores.

• Have you ever used money to buy something?
• What did you buy?

The coin pictured below is called a penny.

• Do you know who is on the penny's front and what special monument is on its back?

Abraham Lincoln is the president on the front of the penny. The Lincoln Memorial is on the back of the penny.

• Can you see Lincoln sitting between the columns of the Lincoln Memorial?

Pennies are a form of money.

They are worth one cent. There are many ways to write how much a penny is worth.

Look at how it is written below.

All pennies are worth one cent.

If you take multiple pennies and add them together, you add by ones. Groups of pennies add up to however many pennies are there.

For example, if you had five pennies, you would have five cents. If you had ten pennies, you would have ten cents.

The number of pennies you have always equals the number of cents those pennies are worth because a penny always equals 1.

Look at the examples below.

• Did you know you would need one hundred pennies to make one dollar?

Since each penny is worth one cent and a dollar is worth one hundred cents, you would need one hundred pennies to have a dollar in pennies.

No one knows why there is a saying about having good luck if you find a penny. Imagine if you found 100 pennies. That would be even luckier!

• Did you learn some new facts about pennies?

Answer the question below before moving on to the Got It? section.

Great job!

You are ready to move on to the Got It? section, where you will figure out the values of groups of pennies.