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calling someone a penny 

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.

Whalen on a penny 

Term used to describe how quick one is on something. Much like the term stink on shit or white on rice. Whalen on a penny refers to the cheapness of a Dick Smith named Jeff. If one were to let a penny fall from their hands it would never hit the ground in the presence of Jeff.
Boss: Hey Peter are you going to have those TPS reports for me by lunch?
Peter: Chill out Lumberg! I am on it like Whalen on a penny.
Whalen on a penny by DunkMonkey December 14, 2008

In for a penny, in for a pound! 

"If you're going to take a risk at all, you might as well make it a big risk."

From an old British expression (thus "pound" instead of "dollar"); the original reference was probably to theft (though this is not certain), saying that being arrested ("taken in") for stealing a small amount is just as bad as for a large amount, so you may as well steal a lot and hope to get away with it.

An equivalent expression is, "As well hanged for a sheep as a lamb", where it's implied that you are stealing the animal. If the punishment for failure is the same, you may as well try for the largest possible reward.

The phrase is often misused with reference to a punishment that is out of proportion to a crime, but this is not the actual meaning.
"I could get fired just for talking to you. Well... in for a penny, in for a pound! Come on in."

spend a penny 

To urinate in a shop's sanitation facilities, which origianlly cost a penny.
What if I don't have a penny? Do I just piss my pants?
spend a penny by Gumba Gumba August 4, 2004

spend a penny 

to expel urine from one's body
Where's the bathroom? I really need to spend a penny!
spend a penny by Anonymous November 2, 2003

ten a penny

UK version of dime a dozen.
ten a penny by Ian Chode October 24, 2003