Why Do Pennies Symbolize Good Luck?

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(PCM) Many of you may not know, but May 23rd is Lucky Penny Day, but just why are pennies so lucky in the first place? Why not a lucky dime … or even a lucky quarter? There are several myths about just why the penny symbolizes good fortune and we are here to break down a few of the most popular legends and myths. 

Many people are aware of the adage “See a penny. Pick it up. All day long, you’ll have good luck” however, did you know that picking up a penny that is not face-up could have just the opposite effect. Also, once you go ahead and pick up that penny, many feel that is your sign to pay it forward and pass along the penny to a friend to bring them some good fortune as well. 

In early days people believed the metal was a gift from the gods which was given to man as a protection against evil forces. This in turn eventually led to the belief that metal brought about good luck causing people to begin carrying around a “lucky penny” or coin in their pocket.  In the Victorian era, brides began placing pennies in their shoes as a replacement for a silver sixpence which was incredibly difficult to find.  It was believed that the penny would bring wealth and good fortune to the newlywed bride and groom. 

There are plenty of ways to celebrate Lucky Penny Day such as starting a lucky penny jar for your kitchen, placing the first penny you receive in a day in your pocket with the belief that it will attract more throughout the day, placing a penny in the bottom of your shoe to bring about good fortune for the day and of course visiting your nearest wishing well or fountain and tossing a penny over your left shoulder into the water while making a wish. 

Another idea is to put the phrase “A penny for your thoughts” into use and when you see someone lost in thought, break out your lucky penny, hand it over to them in exchange for sharing whatever is on their mind. No doubt this could lead some absolutely fascinating stories and interactions. Give it a try! 

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