Penny Venetian Red of "POSTAGE" and "ONE PENNY" that its predecessors bore. It was decided that a new colour would also be desirable to defend against improper re-use; a fugitive lilac ink was used that would run and spoil the stamp if one attempted to wash off the cancellation. The Lilacs broke the tradition of using corner letters and instead had either fourteen or sixteen dots in each corner. Penny Venetian Red The Penny Venetian Red was a British postage stamp equal to the value of one penny. Issued in 1880, it was designed and surface-printed by security printing company De La Rue.
Penny knife Penny knife The penny knife dates from the 18th century and was a very basic utility knife, originally with a fixed blade. It received the name "penny knife" for what it reportedly cost in England and America during the late 18th century: one penny. The famous "Fuller's Penny Knife" helped build the reputation of Sheffield, England, cutlers in the pre-industrial era of the early 18th century. The "penny knife" would later evolve into a very simple, mass-produced pocketknife with a folding blade, which pivoted freely in and out of the handle without a backspring or other device to hold it