Exclamation by magician hiding penny and nickel alternately in rapid performance (3,5)
I believe the answer is:
tap dance
'performance' is the definition.
(I have seen 'Rhythmic performance' mean 'tap dance' so perhaps 'performance' could also mean 'tap dance')
'exclamation by magician hiding penny and nickel alternately in rapid' is the wordplay.
I cannot quite understand how this works, but
'penny' could be 'p' (short for pence) and 'p' is found in the answer.
an anagram of 'and' is 'dan' which is within the answer.
The remaining letters 'tace' is a valid word which might be clued in a way I don't understand.
This may be the basis of the clue (or it may be nonsense).
Can you help me to learn more?
(Other definitions for tap dance that I've seen before include "Move rhythmically (for joy?) wearing special shoes" , "Rhythmical entertainment" , "Rhythmic performance" , "Entertainment needing special shoes" , "Steel-toecapped entertainment" .)