1 Penny - George VI with 'IND:IMP'

Features

Location	United Kingdom (United Kingdom, British Overseas Territories and Crown Dependencies)
Issuing entity	The Royal Mint
King	George VI (1936-1952)
Type	Standard circulation coin
Years	1937-1948
Value	1 Penny (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# 669
References	KM# 845, 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# 4114 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 VI left, legend around.

Note: with title 'IND:IMP'

Script: Latin

Lettering:
GEORGIVS VI D:G:BR:OMN:REX F:D:IND:IMP.
HP

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

Translation: George the Sixth by the Grace of God King of all the Britons Defender of the Faith Emperor of India

Engraver: Thomas Humphrey Paget

Reverse

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

Script: Latin

Lettering:
ONE PENNY
1948

Engraver: Charles Walter Coombes

Edge

Plain

Mint

Royal Mint (Tower Hill), London, United Kingdom (1810-1975)

Comments

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

1937 obverse and reverse die varieties:
Obv 1 P of IMP at a tooth, I of IMP to the left of a tooth, : before IMP nearly at a tooth, dot after IMP is small;
Obv 2 P of IMP to the right of a tooth, I of IMP to the right of a tooth, : before IMP between teeth, dot after IMP is larger;
Rev A Right leg of 2nd N in PENNY at a tooth, sea level on right at a tooth, longer teeth;
Rev B Right leg of both Ns in PENNY between teeth, sea level on right slightly above a tooth, shorter teeth;

1940 reverse die varieties:
Rev B Single exergue line (11.6%)
Rev C Double exergue line (88.4%)

1944 reverse die varieties:
Note the differing positions of the last 4 in the date, relative to the wave above.

1946 reverse die varieties:
Although not a genuine variety by any definition, the 'dot' penny die flaw has crept into most reference books;

Not a published variety but straight and wavy exergue line varieties observed by Numista member ALLRED1950;

Images above are reproduced with kind permission of
Numista member Sjoelund and Declan Magee Coins

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Date	Mintage	G	VG	F	VF	XF	AU	UNC	Frequency
Undetermined
1937	4								0.6%	Matte Proof
1937	88 896 000	$ 0.29	$ 0.29	$ 0.47	$ 0.81	$ 1.10	$ 2.00	$ 4.80	41%	obv & rev varieties exist
1937	26 400							$ 17	0.6%	Proof
1938	121 560 000	$ 0.35	$ 0.36	$ 0.54	$ 0.54	$ 0.92	$ 2.50	$ 4.90	45%
1938									0.3%	Proof
1939	55 560 000	$ 0.40	$ 0.40	$ 0.41	$ 0.54	$ 1.20	$ 1.90	$ 2.20	31%
1939									0.2%	Proof
1940									0.4%	Proof
1940	42 284 400	$ 0.39	$ 0.43	$ 0.44	$ 0.87	$ 1.80	$ 1.80	$ 15	29%	rev varieties exist
1944									0.4%	Proof
1944	42 600 000	$ 0.37	$ 0.37	$ 0.72	$ 0.72	$ 0.74	$ 2.80		26%	rev varieties exist
1945	79 531 200	$ 0.32	$ 0.32	$ 0.60	$ 0.62	$ 1.10	$ 2.20	$ 6.90	35%
1945									0.3%	Proof
1946									0.5%	Proof
1946	66 355 600	$ 0.23	$ 0.23	$ 0.36	$ 0.73	$ 1.20	$ 1.20	$ 1.20	32%	rev varieties exist
1947	52 220 400	$ 0.32	$ 0.33	$ 0.33	$ 0.54	$ 1.10	$ 3.90	$ 3.90	28%
1947									0.2%	Proof
1948	63 961 200	$ 0.10	$ 0.40	$ 0.40	$ 0.54	$ 0.99	$ 4.40	$ 7.40	32%
1948									0.5%	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	Sold price
	Katz Auction 80 Lot 346	Apr 5, 2023	1937 – obv & rev varieties exist	UNC	USD 48.56 (EUR 45.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.
	Katz Auction 63 Lot 1363	Jul 26, 2022	1937 – obv & rev varieties exist	AU	USD 11.87 (EUR 11.00) (+ buyer's premium) The lot includes several items.
© Katz Coins Notes & Supplies Corp.
	Katz Auction 94 Lot 2884	Aug 30, 2023	1940 – rev varieties exist	AU	USD 5.40 (EUR 5.00) (+ buyer's premium) The lot includes several items.
© Katz Coins Notes & Supplies Corp.
	Katz Auction 63 Lot 1401	Jul 26, 2022	1940 – rev varieties exist	AU	Unsold The lot includes several items.
© Katz Coins Notes & Supplies Corp.
	Heritage Auctions Wednesday & Thursday World & Ancient Coins Select Auction 232251 Lot 64567	Dec 15, 2022	Undetermined	UNC (NGC PR66 Brown)	USD 53.00 (incl. buyer's premium)
© Heritage Auctions
	Heritage Auctions Wednesday & Thursday World & Ancient Coins Select Auction 232133 Lot 63457	Aug 18, 2021	Undetermined	UNC (PCGS PR65 Red and Brown)	USD 39.00 (incl. buyer's premium)
© Heritage Auctions
	Heritage Auctions Wednesday & Thursday World & Ancient Coins Select Auction 232124 Lot 63503	Jun 16, 2021	Undetermined	UNC (PCGS PR64 Red and Brown)	USD 84.00 (incl. buyer's premium)
© Heritage Auctions
	Heritage Auctions Wednesday & Thursday World & Ancient Coins Select Auction 232123 Lot 62524	Jun 9, 2021	Undetermined	UNC (PCGS PR65 Red and Brown)	USD 79.00 (incl. buyer's premium)
© Heritage Auctions
	Heritage Auctions Wednesday & Thursday World & Ancient Coins Select Auction 232122 Lot 61465	Jun 2, 2021	Undetermined	UNC (PCGS PR66 Red)	USD 132.00 (incl. buyer's premium)
© Heritage Auctions
	Heritage Auctions Wednesday & Thursday World & Ancient Coins Select Auction 232121 Lot 64429	May 26, 2021	Undetermined	UNC (PCGS PR65 Red and Brown)	USD 94.00 (incl. buyer's premium)
© Heritage Auctions