Penny used to determine the price that you would pay to the blacksmith to forge one hundred nails of a certain size, for example you would pay the blacksmith 3 pennies for 100 3 penny nails. Now it is used to reflect the approximate length of the nail.Why do they call nails, penny nails? (As in wood)?
its the weight. a penny nail is a nail of a certain size. they have nails of many sizes.
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