1 Penny - Elizabeth II 3rd portrait; magnetic

1 Penny - Elizabeth II (3rd portrait; magnetic) - obverse1 Penny - Elizabeth II (3rd portrait; magnetic) - reverse

© Numista (CC BY)

Features

Issuer United Kingdom (United Kingdom, British Overseas Territories and Crown Dependencies)
Queen Elizabeth II (1952-2022)
Type Standard circulation coin
Years 1992-1997
Value 1 Penny
0.01 GBP = USD 0.012
Currency Pound sterling (decimalized, 1971-date)
Composition Copper plated steel
Weight 3.56 g
Diameter 20.3 mm
Thickness 1.65 mm
Shape Round
Technique Milled
Orientation Medal alignment ↑↑
Number
N#
860
References KM# 935a,
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# B4
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

Third crowned portrait of Queen Elizabeth II right, wearing the George IV State Diadem, legend around.

Script: Latin

Lettering:
ELIZABETH II D·G·REG·F·D·1996
RDM

Unabridged legend: Elizabeth II Dei Gratia Regina Fidei Defensatrix

Translation: Elizabeth the Second by the Grace of God Queen Defender of the Faith

Engraver: Raphael David Maklouf

Reverse

A crowned portcullis with chains (an adaptation of the Badge of Henry VII, now the Badge of the Palace of Westminster) with legend above and denomination below.

Script: Latin

Lettering:
ONE PENNY
1

Engraver: Christopher Ironside

Edge

Plain

Mint

Royal Mint, Llantrisant, United Kingdom (1968-date)

Comments

1992 saw the changeover from bronze to copper-plated steel for both the 1p & 2p to reduce the cost of production. Both bronze and copper-plated steel 1992 coins can be found, however those in Proof & Brilliant Uncirculated sets were struck in bronze, while circulation strikes were copper-plated steel.

Reverse die varieties:

Type A (1992-94) Junctions of portcullis bars are raised dots;
Type B (1992-97) Junctions of portcullis bars are incuse circles;



Information has been received to suggest that 1993-97 BU and Proof sets were struck with Type B but this is yet to be confirmed.

See also

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Date Mintage G VG F VF XF AU UNC Frequency
1992  253 867 000 $ 0.05 $ 0.05 $ 0.11 $ 0.11 $ 0.12 $ 0.12 $ 0.31 28% Reverse varieties (see comments)
1993  56 945 0.9% BU
1993  66 080 $ 2.60 1.3% Proof
1993  602 590 000 $ 0.03 $ 0.05 $ 0.08 $ 0.12 $ 0.14 $ 0.23 $ 0.50 47% Reverse varieties (see comments)
1994  177 971 $ 0.52 1.6% BU
1994  66 720 $ 1.10 1.4% Proof
1994  843 834 000 $ 0.04 $ 0.06 $ 0.11 $ 0.11 $ 0.16 $ 0.16 $ 0.21 55% Reverse varieties (see comments)
1995  303 314 000 $ 0.04 $ 0.06 $ 0.09 $ 0.11 $ 0.14 $ 0.14 $ 0.35 32%
1995  105 647 $ 1.20 0.6% BU
1995  60 639 $ 2.80 1.0% Proof
1996  723 840 000 $ 0.04 $ 0.05 $ 0.11 $ 0.11 $ 0.14 $ 0.19 $ 0.23 50%
1996  86 501 $ 1.00 0.7% BU
1996  67 581 $ 1.20 1.3% Proof
1997  396 874 000 $ 0.03 $ 0.05 $ 0.06 $ 0.12 $ 0.16 $ 0.18 $ 0.19 37%
1997  109 557 $ 1.30 0.6% BU
1997  80 748 $ 1.20 1.3% 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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