A lady who walks around stores such as pick n save with the sole purpose to collect pennies.
I just threw a penny at the penny lady and she picked it up.
by DaVx0r October 08, 2003
a cool lady around malls or grocery stores looking for every possable penny she can find. she will only take pennies and no other coins.
i threw a quarter on the ground at jewl osco and she wouldnt pick it up, i then threw a group of pinnies, nickels and dimes and she took only the pennies.
by PennyMan November 07, 2003