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Penny (A)

(Anglo-Saxon, pening or penig). For many hundred years the unit of money currency, hence pening-monegre (a money-changer). There were two coins so named, one called the greater = the fifth part of a shilling, and the other called the less = the 12th part of a shilling.

My penny of observation (Love’s Labour’s Lost, iii. 1). My pennyworth of wit; my natural observation or motherwit. Probably there is some pun or confusion between penetration and “penny of observation” or “pennʹorth of wit.”

A penny for your thoughts. See Heywood’s Dialogue, pt. ii. 4. (See Pennyworth.)

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Entry taken from Dictionary of Phrase and Fable, edited by the Rev. E. Cobham Brewer, LL.D. and revised in 1895.

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Penfeather (Lady Penelope)
Peninsular War
Penitential Psalms
Penmanship
Penmanship
Pennals [pen-cases]
Pennalism
Pennant
Penniless (The)
Penny (in the sense of pound)
Penny (A)
Penny-a-liner (A)
Penny Dreadfuls
Penny-father (A)
Penny Gaff (A)
Penny Hop (A)
Penny Lattice-house (A)
Penny Pots
Penny Readings
Penny Saved (A)
Penny Weddings