British Penny

Rare One Penny at Rare British Coins

• British Penny 1967
• British Penny Composition

'Your Guide To British & UK coins', reference website. Double gold slots. Includes rare coin varieties, price guide with values and a discussion forum. UK currency coins. More than 250 coin pictures in colour, and over 200 pages of information. Jan 17, 2018 British pennies are some of the most widely collected copper coins in the world, and they even have a place in the hearts of many coin collectors in the United States, whose residents use the one-cent coin – which is mistakenly referred to as a 'penny.'

Rare One Penny coins for sale – or find out what your One Penny coin might be worth. Pennies have been minted through the centuries so this is a selection of one penny coins that are currently being offered for the highest prices we can find. Now, that doesn't automatically mean that they are worth the asking prices – that's for you to decide. And last time we checked, these prices were seriously high – so not really within the budget range of most coin collectors. Obviously there are the one penny coins that we still have in circulation – though probably rarely spend these days because they are worth so little (and with the COVID pandemic at the moment, hardly anyone wants to touch actual coins at all anyway) – and of course, the famous penny coins from previous monarchs that go back to the 18th Century. Finally, there are other very sought after one penny coins that go back to Anglo Saxon times when pennies were struck as hammered silver coins. Obviously you won't find one of those in your change – but if you have a metal detector, they are amongst the holy grail of detecting finds – though hard to find because not only are they hammered quite thinly, but they were also cut up into small parts (so a halfpenny would originally have literally been a one penny coin cut in half).

The following are fine examples of rare coins that we have located based on Rare One Penny.

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How much might a really scarce penny coin cost you?

Click any link below to find out more about the coin offered. Part of the fun at looking at some of these super expensive – sometimes super rare (but sometimes simply super over priced) is to try and work out how the seller has arrived at the asking price they have set down.

Rare One Penny coins for sale

1935 1p One Penny Coin - Coin Collectors - swap

1902 One Penny Coin Pre Decimal In Circulated Condition (Very Rare)

RARE 1p 1971 NEW PENCE One Penny Coin

Full set of one penny coins 1900 - 1967 and including some from 1800s

Extremely Rare 1971 one Penny coins

ONE OF A KIND VI 1951 KING GEORGE AUSTRALIA PENNY ERROR COIN MOST RARE

Bronze ONE PENNY COIN -1971 New Penny Coin Original Old Coin

extremely rare 1971 new one penny good condition now reduced!

Buy or value Rare One Penny.

The English penny (plural 'pence'), originally a coin of 1.3 to 1.5 grams (0.042 to 0.048 troy ounces; 0.046 to 0.053 ounces) pure silver, was introduced c. 785 by King Offa of Mercia. These coins were similar in size and weight to the continental deniers of the period and to the Anglo-Saxonsceats which had preceded it.

Throughout the period of the Kingdom of England, from its beginnings in the 9th century, the penny was produced in silver. Pennies of the same nominal value, one 240th of a pound sterling, were in circulation continuously until the creation of the Kingdom of Great Britain in 1707.^[1]

Etymology[edit]

The name 'penny' comes from the Old Englishpennige (pronounced [ˈpɛnijə], roughly 'penny-yuh'), sharing the same root as the Germanpfennig. Its abbreviation d. comes from the Roman denarius and was used until decimalisation in 1971.

Idioms[edit]

Due to their ubiquity pennies have accumulated a great number of idioms to their name usually recognizing them for their commonality and minuscule value. These might include:^[2]

ONE OF A KIND VI 1951 KING GEORGE AUSTRALIA PENNY ERROR COIN MOST RARE

Bronze ONE PENNY COIN -1971 New Penny Coin Original Old Coin

extremely rare 1971 new one penny good condition now reduced!

Buy or value Rare One Penny.

The English penny (plural 'pence'), originally a coin of 1.3 to 1.5 grams (0.042 to 0.048 troy ounces; 0.046 to 0.053 ounces) pure silver, was introduced c. 785 by King Offa of Mercia. These coins were similar in size and weight to the continental deniers of the period and to the Anglo-Saxonsceats which had preceded it.

Throughout the period of the Kingdom of England, from its beginnings in the 9th century, the penny was produced in silver. Pennies of the same nominal value, one 240th of a pound sterling, were in circulation continuously until the creation of the Kingdom of Great Britain in 1707.^[1]

Etymology[edit]

The name 'penny' comes from the Old Englishpennige (pronounced [ˈpɛnijə], roughly 'penny-yuh'), sharing the same root as the Germanpfennig. Its abbreviation d. comes from the Roman denarius and was used until decimalisation in 1971.

Idioms[edit]

Due to their ubiquity pennies have accumulated a great number of idioms to their name usually recognizing them for their commonality and minuscule value. These might include:^[2]

• cut (one) off without a penny
• mean enough to steal a penny off a dead man's eyes
• not have two pennies to rub together
• penny-pincher
• penny-wise and pound-foolish
• worth every penny

History[edit]

Anglo-Saxon silver pennies were the currency used to pay the Danegeld, essentially protection money paid to the Vikings so that they would go away and not ravage the land. As an illustration of how heavy a burden the Danegeld was, more Anglo-Saxon pennies from the decades around the first millennium have been found in Denmark than in England. In the reign of Ethelred the Unready (978–1016), some 40 million pennies were paid to the Danes, while King Canute (Knut) (1016–1035) paid off his invasion army with another 20 million pennies. This adds up to about 2,800,000 troy ounces (87 tonnes; 96 short tons) of silver, equivalent to £250,000 at the time, and worth about £10 million in 2005 money (its purchasing power at that time may have exceeded £100 million and may have been as high as £1 billion in 2005).^{[citation needed]}

The penny initially weighed 20 to 22.5 modern grains (1.3 to 1.5 g). It was standardized to 32 Tower grains, 1/240th of a Tower pound (approx. 350 g). The alloy was set to sterling silver of 925/1000 in 1158 under King Henry II. The weight standard was changed to the Troy pound (373.242 g) in 1527 under Henry VIII, i.e. a pennyweight became about 1.555 grams. As the purity and weight of the coin was critical, the name of the moneyer who manufactured the coin, and at which mint, often appeared on the reverse side of the coin.

From the time of King Offa, the penny was the only denomination of coin minted in England for 500 years, until the attempted gold coinage issue of King Henry III in 1257 and a few halfpennies and farthings in 1222, the introduction of the groat by King Edward I in 1279, under whom the halfpenny and farthing were also reintroduced, and the later issues of King Edward III.

At the time of the 1702 London Mint Assay by Sir Isaac Newton, the silver content of British coinage was defined to be one troy ounce of sterling silver for 62 pence. Therefore, the value of the monetary pound sterling was equivalent to only 3.87 troy ounces of sterling silver. This was the standard from 1601 to 1816.

Pennies by period[edit]

• History of the English penny (1066-1154) (The Early Normans and the Anarchy, 1066–1154)
• History of the English penny (1154-1485) (The Plantagenets, 1154–1485)
• History of the English penny (1485-1603) (The Tudors, 1485–1603)
• History of the English penny (1603–1707) (The Stuarts and the Commonwealth)
• History of the British penny (1714-1901) (The Hanoverians)
• History of the British penny (1901-1970) (The twentieth century penny, 1901–1970)
• Penny (British decimal coin) (Post-decimalisation, 1971–present)

See also[edit]

Notes[edit]

British Penny 1967

1. ^And, indeed, until decimalisation in 1971, at which time a new penny was introduced worth 2.4 times the value of the old coin.
2. ^'Penny - Idioms'. The Free Dictionary.

References[edit]

British Penny Composition

• Coincraft's Standard Catalogue English & UK Coins 1066 to Date, Richard Lobel, Coincraft. ISBN0-9526228-8-2