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Wiktionary
new penny

n. (context British dated English) Following decimalisation, the name given to the coin worth one hundredth of a pound sterling; now known simply as the penny. Symbol: '''p'''

WordNet
new penny

n. a coin used in Great Britain since 1971 worth one hundredth of a pound

Usage examples of "new penny".

Anyway, Casey comes in bright as a new penny and says she wants me to merge with Hed-Opticals which she says grossed $277,600 last year, and then together, we'd go after Randolf Opticals, the granddaddy of them all 53 million in sales, quoted on the Big Board, a huge slice of the lens market and lots of cash in the bank and I said you're crazy but why Randolf?

Anyway, Casey comes in bright as a new penny and says she wants me to merge with Hed-Opticals which she says grossed $277,600 last year, and then together, we'd go after Randolf Opti-cals, the granddaddy of them all-53 million in sales, quoted on the Big Board, a huge slice of the lens market and lots of cash in the bank-and I said you're crazy but why Randolf?

Boots, polished as a new penny in her yellow sundress, clapped her hands like a girl.