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We still have them in the UK, though since 1971, they have been decimal pennies, with 100 pennies make £1. Prior to that, 12 pence made a shilling, and 20 shillings made £1, so 240 pence made £1.
There was this trick to turn a penny into a corkscrew. In the old days the penny was made of copper, but before them being discontinued, they were just plated tin. So they diminished in value also.
It seems to me the lowest denomination big candy and soda machines ever took was a nickel. The little gumball type machines used to take pennies though.
A lot of self checkout machines don’t accept penny’s for some reason.
None of them where I am. A pound or a two pound coin could be useful though
