Crossword Genius

For which Topsy would have given both pence and shillings? (3)

Ross

I believe the answer is:

toy

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'for which topsy would have given both pence and shillings?' is the definition.
The definition suggests a singular noun which matches the answer.

'for which' is the wordplay.
'for' becomes 'to' (eg both can mean 'in the opinion of').
'which' becomes 'y' (I can't justify this - if you can you should believe this answer much more).
'to'+'y'='TOY'

Can you help me to learn more?

(Other definitions for toy that I've seen before include "Child's amusement" , "Doll or teddy, say" , "Miniature (dog)" , "A child's plaything" , "Trifle with plaything?" .)

I've seen this clue in the Evening Standard.
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