1. Old phrase that means: What are you thinking? Technically it means: I'll give you a penny if you tell me what you are thinking. It's silly to give a penny or receive one for your thoughts so no one ever does. Peter Frampton used it for the title of his guitar instrumental that can be heard on Frampton Comes Alive.
by thedzone October 18, 2009
When you get blackout drunk and end the night with a spectacular performance of Irish Yoga unbeknownst to you with your face firmly pressed against a shinny copper penny. Then proceed to present to work the next morning with said shiny copper penny still adhered to your massively hung over forehead.
April - Hey Caleb can I give you a penny for your thoughts?
Caleb - sure whats up?
April - never mind I see you already have one.
Caleb - sure whats up?
April - never mind I see you already have one.
by Reedski January 31, 2022