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Updated: May 11, 2025
Perhaps the story really belongs to folk-lore, reappearing at times under a new guise and in a new locality. In the possession of the Penryn Corporation is a silver chalice, given by Lady Jane Killigrew "to the towne of Penmarin when they received mee that was in great miserie."
There was a settlement at Penmerryn, or Penmarin, now Penryn; and the spot on which Falmouth stands appears to have been known as Pen-y-cwm, the "head of the valley," to which the syllable quic was added, thus forming the familiar Penny-come-quick, for which it has been easy to find a plausible but erroneous derivation.
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