Funny way to make a penny spin! (5)
I believe the answer is:
droll
'funny' is the definition.
(droll means dryly amusing)
'penny spin' is the wordplay.
'penny' becomes 'd' (pre-decimalisation abbreviation for penny).
'spin' becomes 'roll'.
'd'+'roll'='DROLL'
'way to make a' acts as a link.
This may not be right. Some or all of it may belong to another bit of the clue.
Can you help me to learn more?
(Other definitions for droll that I've seen before include "Amusing - jester" , "Clownish" , "Zany" , "Funny" , "Strangely amusing" .)