Penny Point is an ice-covered point on the south side of Nicholson Peninsula

Nicholson Peninsula

Nicholson Peninsula is a broad ice-covered peninsula about 15 nautical miles long, between Couzens Bay and Matterson Inlet on the west side of Ross Ice Shelf. Named by Advisory Committee on Antarctic Names for Captain M.W. Nicholson, U.S. Navy, chief of staff to the U.S. Antarctic Projects...

, marking the north side of the entrance to Matterson Inlet

Matterson Inlet

Matterson Inlet is an ice-filled inlet between Penny Point and Cape Douglas, on the west side of Ross Ice Shelf. Named by the New Zealand Geological Survey Antarctic Expedition for Garth John Matterson, leader of the party that surveyed the area....

 along the Ross Ice Shelf

Ross Ice Shelf

The Ross Ice Shelf is the largest ice shelf of Antarctica . It is several hundred metres thick. The nearly vertical ice front to the open sea is more than 600 km long, and between 15 and 50 metres high above the water surface...

. Named by Advisory Committee on Antarctic Names

Advisory Committee on Antarctic Names

The Advisory Committee on Antarctic Names is an advisory committee of the United States Board on Geographic Names responsible for recommending names for features in Antarctica...

 (US-ACAN) for Lieutenant Commander H.C. Penny, U.S. Navy, commanding officer of USS Vance, ocean station ship in support of aircraft flights between New Zealand

New Zealand

New Zealand is an island country in the south-western Pacific Ocean comprising two main landmasses and numerous smaller islands. The country is situated some east of Australia across the Tasman Sea, and roughly south of the Pacific island nations of New Caledonia, Fiji, and Tonga...

 and Antarctica in U.S. Navy Operation Deepfreeze 1962.