Why do you place a penny in the bride's shoe? The wedding tradition of placing a penny in the bride’s shoe was made popular with a Victorian rhyme – something old, something new, something borrowed, something blue and a sixpence in your shoe. Over the years, the term sixpence has been replaced with the term penny. In this rhyme, the penny was used to ensure the wealth and good fortune of the couple. In some European cultures, this penny was saved by the bride; later given to her daughter on her wedding day. In contemporary times, brides often have the penny made into a piece of jewelry after the wedding.
This wedding tradition may have gotten its start from the Scottish Penny Wedding. The penny wedding involved guests bringing food and drink for a celebration after the ceremony. Eventually, the penny wedding evolved into guests giving the bridal couple gifts to help towards the cost of the wedding celebration.
This tradition may, also, have a basis in the belief of the Irish that a penny, particularly an Irish penny, would lead them to prosperity.