Crossword Genius

Pony went bust worth not much money (8)

Ross

I believe the answer is:

twopenny

'worth not much money' is the definition.

'pony went bust' is the wordplay.
'bust' indicates an anagram.
'pony'+'went'='ponywent'
'ponywent' is an anagram of 'TWOPENNY'.

(Other definitions for twopenny that I've seen before include "Cheap, worthless" , "vulgar" .)

I've seen this clue in The Guardian.
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