Assuming you mean a U.S. Indian Head cent and not a British penny, 1900 is a common date for Indian Head Cents. In average circulated condition it's worth $1.00-$3.00.
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A penny is a unit if currency (money), thus one penny means one unit/coin of this currency (1p).
One penny is one percent of one dollar in United States currency.
The coin that is not a penny is a quarter. The other one IS a penny.
A penny is one hundredth of a dollar.a dollar
There are 0.012328 Euros in one British penny.