Reference > Brewer’s Dictionary > Penny (in the sense of pound).

 Penniless (The).Penny (A) 
E. Cobham Brewer 1810–1897. Dictionary of Phrase and Fable. 1898.
Penny (in the sense of pound).
Sixpenny, eightpenny, and tenpenny nails are nails of three sizes. A thousand of the first will weigh six pounds; of the second, eight pounds; of the third, ten pounds.   1
   Penny sometimes expresses the duodecimal part, as tenpenny and elevenpenny silver—meaning silver 10–12ths and 11–12ths fine.   2
        “One was to he tenpenny, another eleven, another sterling silver.”—Weidenfeld: Secrets of the Adepts.

 Penniless (The).Penny (A) 


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