Magic Penny – Words and music by Malvina Reynolds; copyright 1955 and 1958 Northern Music Corporation, renewed 1986. a.k.a. "Love Is Something." Despite the later copyright dates, this song was actually written while Malvina's daughter was at a junior high school dance, so around 1949. Sung by Malvina Reynolds.

     Love is something if you give it away,
     Give it away, give it away.
     Love is something if you give it away,
     You end up having more.

It's just like a magic penny,
Hold it tight and you won't have any.
Lend it, spend it, and you'll have so many
They'll roll all over the floor.

Money's dandy and we like to use it,
But love is better if you don't refuse it.
It's a treasure and you'll never lose it
Unless you lock up your door.

So let's go dancing till the break of day,
And if there's a piper, we can pay.
For love is something if you give it away,
You end up having more.