1 Penny - Elizabeth II 3rd portrait; magnetic

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

© Numista

Features

Issuer United Kingdom
Queen Elizabeth II (1952-date)
Type Standard circulation coin
Years 1992-1997
Value 1 Penny
0.01 GBP = USD 0.014
Currency Pound sterling (decimalized, 1971-date)
Composition Copper plated steel
Weight 3.56 g
Diameter 20.3 mm
Thickness 1.65 mm
Shape Round
Orientation Medal alignment ↑↑
Number N# 860
Numista type number (https://numista.com)
References KM# 935a,
Tracy L. Schmidt (editor); 2019. Standard Catalog of World Coins / 2001-Date (14th edition). Krause Publications, Stevens Point, Wisconsin, USA.
And 4 more volumes.
Sp# B4
Emma Howard (editor); 2021. Coins of England & the United Kingdom : Pre-Decimal Issues (56th edition). Spink & Son, London, United Kingdom.
And 1 more volumes.

Obverse

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

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

Translation: Elizabeth the Second by the Grace of God Queen Defender of the Faith (Elizabeth II Dei Gratia Regina Fidei Defensatrix)

Engraver: Raphael David Maklouf

Raphael David Maklouf is a sculptor, best known for designing the effigy of Queen Elizabeth II used on the coins of many Commonwealth nations. Maklouf was born in Jerusalem emigrating with his family to the United Kingdom after the Second World War. He attended the Camberwell School of Art until 1958, afterward becoming an academic lecturer for ten years. He was made an Associate of the Royal Society of British Sculptors in 1979. Raphael Maklouf was born to a Jewish family. His father is Samuel Maklouf, born in Safed, Raphael Makouf's mother is Leonie 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.

Lettering:
ONE PENNY
1

Engraver: Christopher Ironside

Christopher Ironside FSIA 1970, OBE 1971, FRBS 1977 was an English painter and coin designer, particularly known for the reverse sides of the new British coins issued on decimalisation in 1971.

Edge

Plain

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. Several varieties, possibly due to the change in material are noted as below.

Reverse die varieties:

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



(former Spink ref. 4391)

See also

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Date Mintage G VG F VF XF AU UNC Frequency
1992  253 867 000 $ 0.02 $ 0.10 $ 0.12 $ 0.13 $ 0.13 $ 0.15 $ 1.04 28% Reverse varieties (see comments)
1993  56 945 $ 1.76 0.7% BU
1993  66 080 $ 1.61 1.2% Proof
1993  602 590 000 $ 0.03 $ 0.06 $ 0.08 $ 0.14 $ 0.16 $ 0.27 $ 1.00 47% Reverse varieties (see comments)
1994  177 971 $ 0.54 1.1% BU
1994  66 720 $ 1.16 1.3% Proof
1994  843 834 000 $ 0.03 $ 0.07 $ 0.12 $ 0.12 $ 0.19 $ 0.12 $ 0.23 55% Reverse varieties (see comments)
1995  303 314 000 $ 0.01 $ 0.06 $ 0.09 $ 0.13 $ 0.15 $ 0.13 $ 0.65 32%
1995  105 647 $ 1.16 0.5% BU
1995  60 639 $ 1.29 1.0% Proof
1996  723 840 000 $ 0.03 $ 0.09 $ 0.12 $ 0.12 $ 0.17 $ 0.21 $ 0.26 51%
1996  86 501 $ 1.04 0.5% BU
1996  67 581 $ 1.29 1.3% Proof
1997  396 874 000 $ 0.03 $ 0.10 $ 0.06 $ 0.13 $ 0.17 $ 0.27 $ 0.15 37%
1997  109 557 0.4% BU
1997  80 748 $ 1.28 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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