COINS
Untitled Item
Key Facts & Value
Key Fact
Description
This United Kingdom 1 Penny coin, minted between 1971 and 1981, features the effigy of Queen Elizabeth II by Arnold Machin on the obverse. The reverse, designed by Christopher Ironside, displays the Royal Shield. Struck from bronze, this circulation coin has a reeded edge and a diameter of 20.3 mm, weighing 3.56 grams.
History
The decimalisation of the British currency in 1971 introduced new designs for coinage. The Royal Mint, responsible for minting, selected Arnold Machin for the monarch's portrait and Christopher Ironside for the reverse designs. These coins represent a significant shift in British monetary history, moving from the pre-decimal pounds, shillings, and pence to a decimal system.
Facts
This series of pennies marked the first time a United Kingdom coin featured the monarch's crowned head in such detail. The Royal Shield on the reverse symbolises the sovereign state of the United Kingdom. These coins are common and widely collected due to their historical significance and continuous circulation over a decade.
Value Fact
As common circulation coins, 1971-1981 one penny pieces generally hold little numismatic value. However, coins in exceptionally well-preserved condition or those with rare mint errors can command higher prices among collectors. Market value typically ranges from a few pence to a few pounds depending on grade and rarity.
Item Details
Official Details
Variation Details
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