Crossword Genius

Worthless pony went wild (8)

Ross

I believe the answer is:

twopenny

'worthless' is the definition.
(thesaurus)

'pony went wild' is the wordplay.
'wild' is an anagram indicator.
'pony'+'went'='ponywent'
'ponywent' anagrammed gives 'TWOPENNY'.

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

I've seen this clue in The Telegraph.
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