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1 Penny - Edward VII

1 Penny - Edward VII -  obverse 1 Penny - Edward VII -  reverse

© apuking

Features

Country United Kingdom
King Edward VII (1901-1910)
Type Standard circulation coin
Years 1902-1910
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
Orientation Medal alignment ↑↑
Demonetized 08-31-1971
References KM# 794,
Standard Catalog of World Coins
by George S. Cuhaj
(Krause Publications)
Sp# 3990/A
Coins of England & the United Kingdom
by Philip Skingley
(Spink)

Obverse

Uncrowned portrait of King Edward VII facing right, legend around.

Lettering: EDWARDVS VII DEI GRA: BRITT: OMN: REX FID: DEF: IND: IMP:

Translation: Edward the Seventh by the Grace of God King of all the Britains Defender of the Faith Emperor of India

Engraver: George William de Saulles

George William de Saulles was a British medallist. He authored and designed the obverse of coins from the United Kingdom and its colonies under Queen Victoria and Edward VII of the United Kingdom

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.

Lettering:
ONE PENNY
1902

Engraver: Leonard Charles Wyon

Leonard Charles Wyon was a British engraver of the Victorian era most notable for his work on the gold and silver coinage struck for the Golden Jubilee of Queen Victoria in 1887 and the bronze coinage of 1860 with the second head portrait, in use from 1860 to 1894.

Edge

Plain

Comments

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

Pennies struck early in 1902 used the same reverse as the veiled head Victoria issue.
This die was slightly changed during 1902, resulting in the low tide and normal tide varieties.

KM#794.1, Sp#3990A (1902 only) Low Tide, sea roughly level with hemline, 2 has wavy base line;
KM#794.2, Sp#3990 (1902-1910) Normal Tide, sea roughly level with where legs cross;

The 1902 Low Tide is shown on the left:

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Year Mintage G VG F VF XF AU UNC
1902  3.60 3.34 KM# 794.1; low tide; mintage incl. below
1902  26,976,700 0.09 1.43 0.83 1.90 14.17 KM# 794.2; normal tide
1903  21,415,200 0.12 0.83 1.09 1.75 KM# 794.2
1904  12,913,100 0.50 1.38 1.31 3.60 KM# 794.2
1905  17,783,800 0.80 0.78 1.11 1.18 KM# 794.2
1906  37,989,500 0.26 0.71 1.23 1.45 10.35 KM# 794.2
1907  47,322,200 0.37 0.69 1.27 2.07 34.79 KM# 794.2
1908  31,506,000 0.19 0.87 0.95 1.23 5.56 KM# 794.2
1908  3 KM# 794.2 Matte Proof; Rare
1909  19,617,000 0.30 0.76 1.25 4.87 KM# 794.2
1910  29,549,100 0.11 0.83 1.05 2.06 KM# 794.2

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 a measure, but they are not intended to be relied upon for buying, selling or exchanging coins. Numista does not buy or sell coins.

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1 Penny - Edward VII