A recent eBay purchase was full years worth of Coin Monthly for 1977. This particular year had several articles on penny varieties, something that is of interest to me. These articles have pointed out a few things that the other books have not mentioned or have better images/diagrams than the books.
With this new information in hand I have been looking through the stash of pennies again, looking for further variants.
At a first glance, this appears to be a bog-standard penny. When we look closer we see that we have doubling on the word PENNY, as described in the article in Coin Monthly Magazine:
