1 Penny - Edward VII

1 Penny - Edward VII - obverse1 Penny - Edward VII - reverse

© apuking (CC BY-SA)

Features

Issuer United Kingdom (United Kingdom, British Overseas Territories and Crown Dependencies)
King Edward VII (1901-1910)
Type Standard circulation coin
Years 1902-1910
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#
857
References KM# 794,
Tracy L. Schmidt (editor); 2019. Standard Catalog of World Coins / 2001-Date (14th edition). Krause Publications, Stevens Point, Wisconsin, United States.
And 5 more volumes.
Sp# 3990/A
Emma Howard (editor); 2021. Standard Catalogue of British Coins : Coins of England & the United Kingdom Pre-Decimal Issues (56th edition). Spink & Son, London, United Kingdom.
And 2 more volumes.

Obverse

Uncrowned portrait of King Edward VII right, legend around.

Script: Latin

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

Unabridged legend: Edwardus VII Dei Gratia Britanniae Omniae Rex Fidei Defensor Indiae Imperator

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

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
1902

Engraver: 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).

1902 reverse die varieties:

Pennies struck early in 1902 used the same reverse die as the veiled head Victoria issue.
This 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;

We are indebted to Declan Magee Coins and Numista member
Sjoelund for the images below indicating the differences.


1903 reverse die varieties:


1905 reverse die varieties:


1908 obverse and reverse die varieties:


1909 reverse die varieties:

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Date Mintage G VG F VF XF AU UNC Frequency
1902  $ 2.00 $ 2.00 $ 3.30 $ 3.30 $ 18 $ 23 $ 37 9% KM# 794.1; low tide; mintage incl. below
1902  26 976 700 $ 0.87 $ 1.10 $ 1.10 $ 1.80 $ 5.10 $ 18 $ 33 29% KM# 794.2; normal tide
1903  Photo 21 415 200 $ 0.50 $ 0.61 $ 0.82 $ 1.20 $ 1.40 $ 4.70 $ 180 28% KM# 794.2; see comments for varieties
1904  Photo 12 913 100 $ 0.91 $ 1.10 $ 1.40 $ 1.40 $ 1.40 $ 4.40 $ 280 22% KM# 794.2
1905  Photo 17 783 800 $ 0.70 $ 0.70 $ 0.98 $ 1.10 $ 1.20 26% KM# 794.2; see comments for varieties
1906  37 989 500 $ 0.52 $ 0.61 $ 1.20 $ 1.20 $ 1.20 $ 1.20 38% KM# 794.2
1907  47 322 200 $ 0.33 $ 0.61 $ 1.10 $ 1.70 $ 1.70 $ 1.90 42% KM# 794.2
1908  3 0.6% KM# 794.2; Matte Proof
1908  31 506 000 $ 0.39 $ 0.74 $ 0.98 $ 1.30 $ 3.60 34% KM# 794.2; see comments for varieties
1909  Photo 19 617 000 $ 0.48 $ 0.66 $ 1.20 $ 1.30 $ 1.60 $ 4.80 26% KM# 794.2; see comments for varieties
1910  Photo 29 549 100 $ 0.58 $ 0.58 $ 0.90 $ 1.60 $ 5.90 $ 22 $ 130 34% 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 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 Sold price
Picture 1 of a sold 1 Penny - Edward VIIPicture 1 of a sold 1 Penny - Edward VII
Heritage Auctions
Wednesday & Thursday World & Ancient Coins Select Auction 232132
Lot 62514
Internet Archive
11 Aug 2021 1903 – KM# 794.2; see comments for varieties UNC
(NGC MS66 Red and Brown)
USD 288.00
(incl. buyer's premium)
Picture 1 of a sold 1 Penny - Edward VIIPicture 1 of a sold 1 Penny - Edward VIIPicture 1 of a sold 1 Penny - Edward VIIPicture 1 of a sold 1 Penny - Edward VII
Heritage Auctions
Weekly World and Ancient Coin Auction 231913
Lot 64256
Internet Archive
30 Nov 1 BC 1903 – KM# 794.2; see comments for varieties UNC
The lot includes several items.
Picture 1 of a sold 1 Penny - Edward VIIPicture 1 of a sold 1 Penny - Edward VII
Heritage Auctions
Wednesday & Thursday World & Ancient Coins Select Auction 232407
Lot 63232
Internet Archive
8 Feb 2024 1904 – KM# 794.2 UNC
(PCGS MS64+ Red)
USD 288.00
(incl. buyer's premium)
Picture 1 of a sold 1 Penny - Edward VIIPicture 1 of a sold 1 Penny - Edward VIIPicture 1 of a sold 1 Penny - Edward VIIPicture 1 of a sold 1 Penny - Edward VII
Heritage Auctions
Wednesday & Thursday World & Ancient Coins Select Auction 232328
Lot 62304
Internet Archive
6 Jul 2023 1904 – KM# 794.2 UNC
(PCGS MS65 Red)
USD 300.00
(incl. buyer's premium)
Picture 1 of a sold 1 Penny - Edward VIIPicture 1 of a sold 1 Penny - Edward VII
Heritage Auctions
Thursday World & Ancient Coins Weekly Online Auction 231945
Lot 61295
Internet Archive
7 Nov 2019 1904 – KM# 794.2 UNC
(PCGS MS65 Red)
USD 288.00
(incl. buyer's premium)
Picture 1 of a sold 1 Penny - Edward VIIPicture 1 of a sold 1 Penny - Edward VIIPicture 1 of a sold 1 Penny - Edward VIIPicture 1 of a sold 1 Penny - Edward VII
Heritage Auctions
Weekly World and Ancient Coin Auction 231920
Lot 63262
Internet Archive
16 May 2019 1904 – KM# 794.2 UNC
(PCGS MS64 Red)
USD 132.00
(incl. buyer's premium)
Picture 1 of a sold 1 Penny - Edward VIIPicture 1 of a sold 1 Penny - Edward VII
Heritage Auctions
A Special Selection of World Coins Monthly Internet Auction 271912
Lot 36451
Internet Archive
24 Mar 2019 1904 – KM# 794.2 UNC
(PCGS MS65 Red)
USD 264.00
(incl. buyer's premium)
Picture 1 of a sold 1 Penny - Edward VIIPicture 1 of a sold 1 Penny - Edward VII
Heritage Auctions
A Special Selection of World Coins Monthly Internet Auction 271912
Lot 36450
Internet Archive
24 Mar 2019 1904 – KM# 794.2 UNC
(PCGS MS65 Red)
USD 216.00
(incl. buyer's premium)
Picture 1 of a sold 1 Penny - Edward VIIPicture 1 of a sold 1 Penny - Edward VIIPicture 1 of a sold 1 Penny - Edward VIIPicture 1 of a sold 1 Penny - Edward VII
Heritage Auctions
Thursday World & Ancient Coins Weekly Online Auction 231945
Lot 61296
Internet Archive
7 Nov 2019 1905 – KM# 794.2; see comments for varieties UNC
The lot includes several items.
Picture 1 of a sold 1 Penny - Edward VIIPicture 1 of a sold 1 Penny - Edward VIIPicture 1 of a sold 1 Penny - Edward VIIPicture 1 of a sold 1 Penny - Edward VII
Heritage Auctions
World Coin Selections from the Morris Collection Monthly Online Auction 271928
Lot 37336
Internet Archive
28 Jul 2019 1905 – KM# 794.2; see comments for varieties UNC
(NGC MS64 Red and Brown)
USD 79.00
(incl. buyer's premium)
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