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{{short description|Type of utility knife}}
[[Image:OpinelKnifeNo3.jpg|right|thumb|A penny222px|An knife ([[Opinel]] No. 3) folding knife.]]
The '''penny knife''' dateswas froma theoriginally a simple 18th century and was an extremely basic [[utility knife]], originally with a fixed [[blade]]. It receivedgot the name ''penny knife'' for whatbecause it reportedly cost 1 penny in England and America duringtowards the lateend of the 18th century.<ref>{{cite book|last=Goddard|first= Wayne| title=The Wonder of Knifemaking|publisher= Krause Publications| ISBN =978-0-87341-798-3 |year=2000|page= 141}}</ref> The famous ''Fuller's Penny Knife'' helped build the reputation of [[Sheffield, England]] cutlers in the pre-industrial era of the early 18th century.<ref>''Sheffield'', The Athenaeum, London: John Francis, No. 2420, 14 March 1874, p. 351</ref>
 
The famous ''Fuller's Penny Knife'' helped gain the reputation of [[Sheffield, England]], cutlers in the [[pre-industrial society|pre-industrial era]] of the early 18th century.<ref>''Sheffield'', The Athenaeum, London: John Francis, No. 2420, 14 March 1874, p. 351</ref>
The ''penny knife'' would later evolve into a very simple, mass-produced knife with a folding blade, which pivoted freely in and out of the handle without a backspring or other device to hold it in position (other than the frictional pressure of the knife handle itself). This type of inexpensive folding knife was popular with small rural farmers in the United States, England, France, Italy, and Spain for much of the 19th and part of the 20th century, and consequently is often termed a ''farmer knife'', ''sodbuster knife'', or ''peasant knife''.<ref>''The Youth's Companion'', Boston, MA: Perry Mason & Co., Vol. 52, No. 1 (2 January 1879), p. 108</ref>▼
 
==Description==
Antique penny knives have increased significantly in value and can sell for as much as $500(US). In modern production, the smallest models of the [[Opinel knife|Opinel]], an early 20th-century peasant's knife, continue to utilize this basic design, consisting of a folding blade pivoting on an axle mounted through a steel-bolstered wooden handle.<ref name=shackleford>{{cite book|title=Blade's Guide to Knives & Their Values|last=Shackleford |first=Steve |pages=288–290|publisher = Krause Publications|year= 2010|ISBN=978-1-4402-0387-9 }}</ref>▼
 
▲The ''penny knife'' would later evolveevolved into a very simplebasic, mass-produced knife[[pocketknife]] with a folding blade, which pivoted freely in and out of the handle without a backspring or other device to hold it in position (other than the frictional pressurepressures of the knife handle itself). This type of inexpensive folding knife was popular with small rural farmers in the United States, England, France, Italy, Portugal, and Spain for much of the 19th and part of the 20th century, and consequently is often termed called a ''farmer knife'', ''sodbuster knife'', or ''peasant knife''.<ref>''The Youth's Companion'', Boston, MA: Perry Mason & Co., Vol. 52, No. 1 (2 January 1879), p. 108</ref>
==See also==▼
*[[Penknife]]▼
 
Antique penny knives have increased in value and can sell for up to US $500 or 400 Euros.
==Notes==
{{reflist}}▼
 
▲Antique penny knives have increased significantly in value and can sell for as much as $500(US). In modern production, the smallest models of the [[Opinel knife|Opinel]], ana earlylate 20th19th-century peasant's knife, continue to utilizeuse this basic design, consisting of a folding blade pivoting on an axle mounted through a steel-bolstered wooden handle.<ref name=shackleford>{{cite book|title=Blade's Guide to Knives & Their Values|last=Shackleford |first=Steve |pages=288–290|publisher = Krause Publications|year= 2010|ISBN=978-1-4402-0387-9 }}</ref>
==References==▼
 
The Svord company from New Zealand also sells a range of simple, folding 'peasant knives'.
 
▲==See also==
▲* [[Penknife]]
* [[Higonokami]]
 
▲==References==
▲{{reflist}}
 
{{Knives}}
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