1 Penny - Victoria 3rd portrait

Features

Location	United Kingdom
Issuing entity	The Royal Mint
Queen	Victoria (1837-1901)
Type	Standard circulation coin
Years	1895-1901
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# 670
References	KM# 790, 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# 3961 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

Older diademed and veiled portrait ('Old Head') of Queen Victoria left, legend around, designer's initials below bust.

Script: Latin

Lettering:
VICTORIA·DEI·GRA·BRITT·REGINA·FID·DEF·IND·IMP·
T.B.

Unabridged legend: Victoria Dei Gratia Britanniarum Regina Fidei Defensatrix Indiae Imperatrix

Translation: Victoria by the Grace of God Queen of the Britains Defender of the Faith Empress of India

Engraver: George William de Saulles

Designer: Thomas Brock

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.

Note: varieties exist (see below)

Script: Latin

Lettering:
ONE PENNY
1898

Engraver: George William de Saulles

Designer: Leonard Charles Wyon

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).

Dies for the final Victoria veiled head issue were engraved by George William de Saulles. The obverse design was copied from a model by Thomas Brock and the reverse was a modified version of the Leonard Charles Wyon design, with the rock and lighthouse removed.

Obverse die varieties:

Die 1a (1895-1901) T.B. under bust.
Die 1b (1896-97) T B. under bust (no dot after T), T is lower and smaller.

Reverse die varieties:

Sp#3961 (1895-1901) Normal tide Horizon is level with folds in robe and 'P' 1mm from trident;
Sp#3961A (1895) Low tide Horizon is level with hem line of robe and 'P' 2mm from trident;
Sp#3961B (1897) High tide Higher tide level above two folds of robe.

Die A (1895) P of PENNY is 2mm from the corner of the trident.

Die Ba (1897) 10.5 teeth from the 1 to the bottom tip of the 7 in date. 7 skewed counter-clockwise: bottom to tooth, top line at left lower than at right.
Die Bb (1897) 10.5 teeth from the 1 to the bottom tip of the 7 in date. 7 far from 9.
Die Bc (1897) 9.5 teeth from the 1 to the bottom tip of the 7 in date. 7 very close to 9.
Die Bd (1897) 10 teeth from the 1 to the bottom tip of the 7 in date. 7 close to 9.

Die C - as B, but sea level on the right is slightly higher, there is no gap between shield and teeth border.

Combinations
1a+Ba

© Alexandr Prokofyev

1a+Bb
1a+Bc
1a+Bd
1a+C
1b+Ba
1b+Bd

© Alexandr Prokofyev

1b+C

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Date	Mintage	G	VG	F	VF	XF	AU	UNC	Frequency
Undetermined
1895	5 395 800	$ 0.25	$ 0.61	$ 1.20	$ 6.20				9%	Sp#3961; normal tide
1895									0.12%	Sp#3961; normal tide, Proof
1895		$ 0.60	$ 0.90	$ 1.10	$ 3.50				7%	Sp#3961A; low tide
1895									0.2%	Sp#3961A; low tide, Proof
1896	24 147 100	$ 0.36	$ 0.92	$ 1.10	$ 2.80	$ 2.80	$ 9.70	$ 55	37%
1896									0.3%	Proof
1897									0.2%	Dot after O of ONE
1897	20 756 600	$ 0.46	$ 0.77	$ 0.87	$ 3.70	$ 7.70	$ 15	$ 36	32%	Sp#3961; normal tide
1897									0.3%	Sp#3961; normal tide, Proof
1897									1.3%	Sp#3961B; high tide
1898	14 296 800	$ 0.45	$ 0.84	$ 1.60	$ 1.60	$ 6.00	$ 28	$ 200	27%
1899	26 441 000	$ 0.32	$ 0.80	$ 1.10	$ 1.90	$ 13	$ 15	$ 21	41%
1900	31 778 100	$ 0.75	$ 0.75	$ 1.20	$ 2.10	$ 3.90			45%
1901	22 205 500	$ 0.45	$ 0.76	$ 1.10	$ 1.50	$ 5.30	$ 13	$ 60	38%
1901									0.7%	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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Past sales

Pictures	Sale	Date	Version	Grade	Price
	Heritage Auctions Wednesday & Thursday World & Ancient Coins Select Auction 232132 Lot 62494	11 Aug 2021	1896	UNC (PCGS MS64+ Red)	USD 264.00 (incl. buyer's premium)
© Heritage Auctions
	Katz Auction 72 Lot 1175	21 Dec 2022	1896	AU	USD 11.80 (EUR 11.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.
	Heritage Auctions Wednesday & Thursday World & Ancient Coins Select Auction 232209 Lot 61501	24 Feb 2022	1898	UNC (PCGS MS65 Red and Brown)	USD 216.00 (incl. buyer's premium)
© Heritage Auctions
	Heritage Auctions Wednesday & Thursday World & Ancient Coins Select Auction 232132 Lot 62496	11 Aug 2021	1898	UNC (NGC MS65 Red and Brown)	USD 204.00 (incl. buyer's premium)
© Heritage Auctions
	Katz Auction 67 Lot 1205	24 Sep 2022	1899	UNC	USD 21.45 (EUR 20.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.
	Heritage Auctions Wednesday & Thursday World & Ancient Coins Weekly Online Auction 232051 Lot 63424	16 Dec 2020	1899	UNC	The lot includes several items.
© Heritage Auctions
	Katz Auction 61 Lot 2911	7 Jun 2022	1899	XF	USD 5.36 (EUR 5.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.
	Katz Auction 61 Lot 2912	7 Jun 2022	1900	UNC	USD 5.36 (EUR 5.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.
	Heritage Auctions Wednesday & Thursday World & Ancient Coins Weekly Online Auction 232116 Lot 64433	21 Apr 2021	1900	UNC	The lot includes several items.
© Heritage Auctions
	Heritage Auctions Wednesday & Thursday World & Ancient Coins Select Auction 232303 Lot 63430	12 Jan 2023	1901	UNC (PCGS MS64 Red and Brown)	USD 49.00 (incl. buyer's premium)
© Heritage Auctions

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