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The British decimal one penny (1p) coin is a unit of currency and denomination of sterling coinage worth 1 ⁄ 100 of one pound. Its obverse featured the profile of Queen Elizabeth II since the coin's introduction on 15 February 1971, the day British currency was decimalised, until her death on 8 September 2022.
Pennies of the United Kingdom. Non-topical/index: Uses of Wikidata Infobox with no image.
Since decimalisation, on 15 February 1971, the pound has been divided into 100 pence (minted on coins as new until 1981). Before decimalisation, twelve pence made a shilling, and twenty shillings made a pound. British coins are minted by the Royal Mint in Llantrisant, Wales.
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.
- A Brief History of The Pre-Decimal Penny
- 18th Century
- 19th Century
- 20th Century
- How Much Are Pre-Decimal Pennies Worth?
- How Has The Design of The Pre-Decimal Penny Changed?
In 1707, the first year that the pre-decimal penny was issued, the Kingdom of Great Britain was formed. This was formalised under the 1707 Act of Union, which saw England and Scotland merge. This had great significance for the pre-decimal penny, as the Scottish shillingwas replaced by the pre-decimal penny. So, the pre-decimal penny had come into c...
The pre-decimal penny was issued during the reign of Queen Anne, but only as Maundy money in the years 1708, 1709, 1710 and 1713. It continued to be issued throughout the reigns of George I, George II and George III as Maundy money. However, during the reign of George III there became a shortage of the pre-decimal penny, which led to some merchants...
In the early 1800s, the value of copper had increased which led to more problems with privately issued tokens. The value of the metal contained within a penny had become more than its face value, so it made no sense to use the coin to pay for anything. It became more common to smelt the coin down for the metal content. In 1816 there was a large re-...
In the 20th century, the bronze penny continued to be minted with a specification of a diameter of 10.86mm and a weight of 9.45g. The penny was issued every year in both Queen Victoria and King Edward VII’s reigns. It was not until 1923, during George V’s reign, that the penny was not minted. This continued for a 3-year gap and happened alongside a...
In terms of the 18th and most of the 19th century, giving a broad answer for the value of a penny from this time is incredibly difficult. This is mainly because there were many different versions of the penny produced during this time including privately minted tokens, which means there is not a specific estimate of value for a penny from this rang...
The pre-decimal penny always depicted a portrait of the Monarch of the time on the obverse, like all other British currency. The silver pre-decimal penny featured a reverse design of a crowned I, which remained until the issue of the copper penny. The design of the crowned ‘I’ changed slightly through the 18th century with the design of both the cr...
Jun 21, 2024 · On 15 February 1971 - Decimal Day - the British currency system finally switched over from the old £sd system of pounds, shillings and pence to the current decimal system. The change,...
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The penny of Great Britain and the United Kingdom from 1714 to 1901, the period in which the House of Hanover reigned, saw the transformation of the penny from a little-used small silver coin to the bronze piece recognisable to modern-day Britons.
