Calling someone a penny is an insult. First you say, "you're like a penny", the person will then ask why. You then proceed to say that they are invaluable, flat, two-faced and is always in someone's pants. This insult is normally done to one of a female gender.
This is a script of a random dude calling someone a penny

Bitch: You don't know me! You cant even describe me in one word.

Random dude: Your like a penny.

Bitch: WTF????

Random dude: Invaluable, flat, two-faced and always in someone's pants.
by Google eyeball June 23, 2020
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