1 Penny - George V

Features

Location	United Kingdom
Issuing entity	The Royal Mint
King	George V (1910-1936)
Type	Standard circulation coin
Years	1911-1926
Value	1 Penny = 1⁄12 Shilling (1⁄240)
Currency	Pound sterling (1158-1970)
Composition	Bronze
Weight	9.45 g
Diameter	30.8 mm
Thickness	1.6 mm
Shape	Round
Technique	Milled
Orientation	Medal alignment ↑↑
Demonetized	31 August 1971
Number	N# 578
References	KM# 810, Tracy L. Schmidt (editor); 2019. Standard Catalog of World Coins / 2001-Date (14^th edition). Krause Publications, Stevens Point, Wisconsin, United States. And 5 more volumes. Sp# 4051-3 Emma Howard (editor); 2021. Standard Catalogue of British Coins : Coins of England & the United Kingdom Pre-Decimal Issues (56^th edition). Spink & Son, London, United Kingdom. And 2 more volumes.

Obverse

Uncrowned portrait of King George V facing left, legend around.

Script: Latin

Lettering:
GEORGIVS V DEI GRA:BRITT:OMN:REX FID:DEF:IND:IMP:
B.M.

Unabridged legend: Georgius V Dei Gratia Britanniarum Omnium Rex Fidei Defensor Indiae Imperator

Translation: George the Fifth by the Grace of God King of all the Britains Defender of the Faith Emperor of India

Engraver: Edgar Bertram MacKennal

Reverse

Seated figure of Britannia right, with trident in left hand and shield bearing the Union flag in right, sea behind, denomination above and date in exergue.

Script: Latin

Lettering:
ONE PENNY
1922

Engraver: Leonard Charles Wyon

Edge

Plain

Mints

	Royal Mint (Tower Hill), London, United Kingdom (1810-1975)
H	Heaton and Sons / The Mint Birmingham Limited, United Kingdom (1850-2003)
KN	Kings Norton Metal Company, Birmingham, United Kingdom (1890-1962)

Comments

The standard weight of these pieces was 48 to the pound avoirdupois (1/3 ounce or 145.8 grains).

1911 obverse die varieties:
Two obverse varieties exist for the 1911 dated issues. We are indebted to Declan Magee Coins and Numista member Sjoelund for the image below indicating the differences.

1912, 1918, 1919 mintmark varieties:
There are mintmarks on some coins (1912H, 1918H, 1918KN, 1919H, 1919KN) to left of date.

'H' mintmark struck at Ralph Heaton & Sons, Birmingham Sp#4052
'KN' mintmark struck at Kings Norton Metal Company, Birmingham Sp#4053
All other issues struck at Royal Mint, Tower Hill, London Sp#4051

1913 die varieties:
Obverse and reverse varieties exist for the 1913 dated issues. We are indebted to Declan Magee Coins and Numista member Sjoelund for the image below indicating the differences.

1916 obverse die varieties:
Two obverse varieties exist for the 1916 dated issues. We are indebted to Declan Magee Coins and Numista member Sjoelund for the image below indicating the differences.

1922 reverse die variety:
In 1922 a rare variety is 'Reverse of 1927' which has three noticeable features where (1927 type on right of image) the teeth on reverse are longer, the thumb on the shield is shorter, and the shield is further away from the edge so creating a longer horizon.

1926 obverse die varieties:
Two obverse varieties exist for the 1926 dated issues. We are indebted to Declan Magee Coins and Numista member Sjoelund for the image below indicating the differences.

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Date	Mintage	G	VG	F	VF	XF	AU	UNC	Frequency
Undetermined
1911	23 079 100	$ 0.51	$ 0.51	$ 0.97	$ 1.40	$ 4.70			19%	Sp#4051 (obverse varieties exist)
1912	48 306 000	$ 0.13	$ 0.30	$ 0.80	$ 1.20	$ 2.10	$ 6.70		28%	Sp#4051
1912 H	16 800 000	$ 0.35	$ 0.69	$ 0.70	$ 1.20	$ 1.20	$ 2.40	$ 180	12%	Sp#4052
1913	65 497 800	$ 0.54	$ 0.54	$ 0.72	$ 1.10	$ 3.00			30%	Sp#4051 (obverse and reverse varieties exist)
1914	50 820 900	$ 0.55	$ 0.55	$ 0.86	$ 1.10	$ 2.70			26%	Sp#4051
1915	47 310 800	$ 0.14	$ 0.30	$ 0.75	$ 1.20	$ 1.30			25%	Sp#4051
1916	86 411 100	$ 0.54	$ 0.54	$ 0.91	$ 1.10	$ 1.30	$ 13		33%	Sp#4051; see comments for variants
1917	107 905 400	$ 0.32	$ 0.49	$ 0.82	$ 1.10	$ 2.30			36%	Sp#4051
1918	84 227 300	$ 0.46	$ 0.48	$ 0.65	$ 1.20	$ 1.50	$ 40		32%	Sp#4051
1918 H	2 573 000	$ 1.30	$ 1.80	$ 2.00	$ 2.80				6%	Sp#4052
1918 KN	1 087 800		$ 5.00	$ 5.00	$ 5.00				4%	Sp#4053
1919	113 761 000	$ 0.32	$ 0.50	$ 0.70	$ 1.10	$ 3.20	$ 15	$ 17	36%	Sp#4051
1919 H	4 526 000	$ 0.80	$ 2.00	$ 2.00	$ 2.10				7%	Sp#4052
1919 KN	683 600		$ 3.70	$ 5.00	$ 11				3%	Sp#4053
1920	124 693 400	$ 0.32	$ 0.32	$ 0.83	$ 0.83	$ 1.60	$ 13		38%	Sp#4051
1921	129 717 600	$ 0.35	$ 0.48	$ 0.61	$ 0.78	$ 2.10	$ 2.10	$ 2.10	40%	Sp#4051
1922									1.2%	Reverse of 1927
1922	2								0.10%	Reverse of 1927; Specimen
1922	16 346 700	$ 0.78	$ 0.78	$ 0.98	$ 1.10	$ 1.10			13%	Sp#4051
1926	4 498 500	$ 0.47	$ 0.47	$ 1.50	$ 1.50	$ 2.40	$ 13	$ 63	7%	Sp#4051; mintage incl. KM#826, Sp#4054
1926									0.4%	Sp#4051; Proof

Values in the table above are expressed in USD. They are based on evaluations by Numista users and sales realized on Internet platforms. They serve as an indication only; they are not intended to be relied upon for buying, selling or exchanging. Numista does not buy or sell coins or banknotes.

Frequencies show the percentage of Numista users who own each year or variety among all the users who own this coin. Since some users own several versions, the sum may be greater than 100%.

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This index is based on the data of Numista members collections. It ranges from 0 to 100, 0 meaning a very common coin or banknote and 100 meaning a rare coin or banknote among Numista members.

Past sales

Pictures	Sale	Date	Version	Grade	Price
	Heritage Auctions Wednesday & Thursday World & Ancient Coins Select Auction 232210 Lot 62521	3 Mar 2022	1911 – Sp#4051 (obverse varieties exist)	UNC (PCGS MS65 Red)	USD 492.00 (incl. buyer's premium)
© Heritage Auctions
	Katz Auction 63 Lot 1339	26 Jul 2022	1911 – Sp#4051 (obverse varieties exist)	XF	USD 13.95 (EUR 13.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.
	Katz Auction 79 Lot 434	21 Mar 2023	1911 – Sp#4051 (obverse varieties exist)		USD 76.17 (EUR 71.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.
	Katz Auction 77 Lot 2329	11 Feb 2023	1911 – Sp#4051 (obverse varieties exist)		USD 68.66 (EUR 64.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.
	Katz Auction 67 Lot 1208	24 Sep 2022	1911 – Sp#4051 (obverse varieties exist)		USD 59.01 (EUR 55.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.
	Katz Auction 66 Lot 349	18 Sep 2022	1911 – Sp#4051 (obverse varieties exist)		USD 70.81 (EUR 66.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.
	Heritage Auctions Wednesday & Thursday World & Ancient Coins Select Auction 232132 Lot 62523	11 Aug 2021	1912 H – Sp#4052	UNC (PCGS MS64 Red)	USD 174.00 (incl. buyer's premium)
© Heritage Auctions
	Heritage Auctions Wednesday & Thursday World & Ancient Coins Weekly Online Auction 232111 Lot 63451	17 Mar 2021	1912 H – Sp#4052	UNC (NGC MS64 Red and Brown)	USD 192.00 (incl. buyer's premium)
© Heritage Auctions
	Heritage Auctions Wednesday & Thursday World & Ancient Coins Select Auction 232140 Lot 61505	6 Oct 2021	1913 – Sp#4051 (obverse and reverse varieties exist)	UNC	The lot includes several items.
© Heritage Auctions
	Heritage Auctions Wednesday & Thursday World & Ancient Coins Weekly Online Auction 232106 Lot 62496	10 Feb 2021	1913 – Sp#4051 (obverse and reverse varieties exist)	UNC	The lot includes several items.
© Heritage Auctions