The penny knife was a originally a simple 18th century utility knife with a fixed blade. It got the name penny knife because it cost 1 penny in England and America towards the end of the 18th century.[1]
The famous Fuller's Penny Knife helped gain the reputation of Sheffield, England, cutlers in the pre-industrial era of the early 18th century.[2]
^Goddard, Wayne (2000). The Wonder of Knifemaking. Krause Publications. p. 141. ISBN 978-0-87341-798-3.
^Sheffield, The Athenaeum, London: John Francis, No. 2420, 14 March 1874, p. 351
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