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The penny was as old English term used to describe the number of pennies required to purchase 100 nails. Today the term is used only as a measurement of the length of the nail. A common 16 penny nail used in general construction today has a standard length of 3.5 inches, a number 8 gauge diameter shaft (0.162 inches), a head diameter of 11/32nd of an inch and 44 such nails will weigh one pound.

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Q: Why is it called a sixteen penny nail?
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