Usually means: Freshly minted, shiny one-cent coin.
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We found 13 dictionaries that define the word new penny:

General (12 matching dictionaries)
  1. new penny: American Heritage Dictionary of the English Language
  2. new penny: Collins English Dictionary
  3. new penny: Vocabulary.com
  4. new penny: Wiktionary
  5. new penny: The Wordsmyth English Dictionary-Thesaurus
  6. new penny: Infoplease Dictionary
  7. new penny: Dictionary.com
  8. The New Penny: Wikipedia, the Free Encyclopedia
  9. new penny: Rhymezone
  10. new penny: FreeDictionary.org
  11. new penny: Mnemonic Dictionary
  12. new penny: TheFreeDictionary.com

Computing (1 matching dictionary)
  1. new penny: Encyclopedia

Definitions from Wiktionary (new penny)

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

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