Source : Webster's Revised Unabridged Dictionary (1913)

Catchpenny \Catch"pen*ny\, a.
   Made or contrived for getting small sums of money from the
   ignorant or unwary; as, a catchpenny book; a catchpenny show.
   -- n. Some worthless catchpenny thing.

Source : WordNet®

catchpenny
     adj : designed to sell quickly without concern for quality;
           "catchpenny ornaments" [syn: {catchpenny(a)}]