United Kingdom: Coin Type One Penny - detailed information

United Kingdom: Coin Type One Penny (issued 1971 - )
Coin TypeOne Penny

The British decimal one penny (1p) coin, usually simply known as a penny, is a unit of currency equalling one one-hundredth of a pound sterling. The penny’s symbol is p. Its obverse has featured the profile of Queen Elizabeth II since the coin’s introduction in 1971, the year British currency was decimalised. Three different portraits of the Queen have been used on the coin, with the latest design by Ian Rank-Broadley being introduced in 1998. The second and current reverse, featuring a segment of the Royal Shield, was introduced in 2008.

The correct plural form for multiple 1p coins is pennies, and the correct term for monetary sums less than £1 is pence (often pee informally), e.g. fifty pence.

One penny and two pence coins are legal tender only up to the sum of 20p; this means that it is permissible to refuse payment of sums greater than this amount in 1p and 2p coins in order to settle a debt.

The penny was originally minted from bronze, but since 1992 it has been minted in copper-plated steel due to the increasing price of metal. Soaring copper prices in the mid-2000s caused the value of the copper in the pre-1992 coins (which are 97% copper) to exceed the coins' face value. For example, in May 2006, the intrinsic metal value of a pre-1992 1p coin was about 1.5 pence. During 2008, the value of copper fell dramatically from these peaks.

As of 2013/14 the penny is the lowest value coin ever circulated (and used) in the United Kingdom.

Obverse

Effigy of the monarch, legend.

Obverse Inscription
Reverse

Reverse Inscription
Edge
Edge Inscription
All Coins of Type: One Penny (50)
Coin NameMintageEffigyLegend
One Penny 1971 1,522,016,250 Portrait by Arnold Machin (Second Portrait) ELIZABETH · II D · G · REG · F · D · 1971
One Penny 1972 (Proof only) 150,000 Portrait by Arnold Machin (Second Portrait) ELIZABETH · II D · G · REG · F · D · 1972
One Penny 1973 280,296,000 Portrait by Arnold Machin (Second Portrait) ELIZABETH · II D · G · REG · F · D · 1973
One Penny 1974 330,992,000 Portrait by Arnold Machin (Second Portrait) ELIZABETH · II D · G · REG · F · D · 1974
One Penny 1975 221,704,000 Portrait by Arnold Machin (Second Portrait) ELIZABETH · II D · G · REG · F · D · 1975
One Penny 1976 300,260,000 Portrait by Arnold Machin (Second Portrait) ELIZABETH · II D · G · REG · F · D · 1976
One Penny 1977 285,623,000 Portrait by Arnold Machin (Second Portrait) ELIZABETH · II D · G · REG · F · D · 1977
One Penny 1978 292,856,100 Portrait by Arnold Machin (Second Portrait) ELIZABETH · II D · G · REG · F · D · 1978
One Penny 1979 459,081,000 Portrait by Arnold Machin (Second Portrait) ELIZABETH · II D · G · REG · F · D · 1979
One Penny 1980 416,447,000 Portrait by Arnold Machin (Second Portrait) ELIZABETH · II D · G · REG · F · D · 1980
One Penny 1981 301,900,300 Portrait by Arnold Machin (Second Portrait) ELIZABETH · II D · G · REG · F · D · 1981
One Penny 1982 100,603,800 Portrait by Arnold Machin (Second Portrait) ELIZABETH · II D · G · REG · F · D · 1982
One Penny 1983 243,746,900 Portrait by Arnold Machin (Second Portrait) ELIZABETH · II D · G · REG · F · D · 1983
One Penny 1984 155,034,965 Portrait by Arnold Machin (Second Portrait) ELIZABETH · II D · G · REG · F · D · 1984
One Penny 1985 200,885,635 Portrait by Raphael Maklouf (Third Portrait) ELIZABETH · II D · G · REG · F · D · 1985
One Penny 1986 370,260,951 Portrait by Raphael Maklouf (Third Portrait) ELIZABETH · II D · G · REG · F · D · 1986
One Penny 1987 500,207,084 Portrait by Raphael Maklouf (Third Portrait) ELIZABETH · II D · G · REG · F · D · 1987
One Penny 1988 793,705,381 Portrait by Raphael Maklouf (Third Portrait) ELIZABETH · II D · G · REG · F · D · 1988
One Penny 1989 658,305,273 Portrait by Raphael Maklouf (Third Portrait) ELIZABETH · II D · G · REG · F · D · 1989
One Penny 1990 529,229,158 Portrait by Raphael Maklouf (Third Portrait) ELIZABETH · II D · G · REG · F · D · 1990
One Penny 1991 206,587,719 Portrait by Raphael Maklouf (Third Portrait) ELIZABETH · II D · G · REG · F · D · 1991
One Penny 1992 254,007,747 Portrait by Raphael Maklouf (Third Portrait) ELIZABETH · II D · G · REG · F · D · 1992
One Penny 1993 602,713,025 Portrait by Raphael Maklouf (Third Portrait) ELIZABETH · II D · G · REG · F · D · 1993
One Penny 1994 844,078,692 Portrait by Raphael Maklouf (Third Portrait) ELIZABETH · II D · G · REG · F · D · 1994
One Penny 1995 303,480,286 Portrait by Raphael Maklouf (Third Portrait) ELIZABETH · II D · G · REG · F · D · 1995
One Penny 1996 723,994,142 Portrait by Raphael Maklouf (Third Portrait) ELIZABETH · II D · G · REG · F · D · 1996
One Penny 1997 397,064,305 Portrait by Raphael Maklouf (Third Portrait) ELIZABETH · II D · G · REG · F · D · 1997
One Penny 1998 739,929,862 Portrait by Ian Rank-Broadley (Fourth Portrait) ELIZABETH · II D · G · REG · F · D · 1998
One Penny 1999 891,608,840 Portrait by Ian Rank-Broadley (Fourth Portrait) ELIZABETH · II D · G · REG · F · D · 1999
One Penny 2000 1,060,610,219 Portrait by Ian Rank-Broadley (Fourth Portrait) ELIZABETH · II D · G · REG · F · D · 2000
One Penny 2001 928,805,113 Portrait by Ian Rank-Broadley (Fourth Portrait) ELIZABETH · II D · G · REG · F · D · 2001
One Penny 2002 601,567,309 Portrait by Ian Rank-Broadley (Fourth Portrait) ELIZABETH · II D · G · REG · F · D · 2002
One Penny 2003 539,592,512 Portrait by Ian Rank-Broadley (Fourth Portrait) ELIZABETH · II D · G · REG · F · D · 2003
One Penny 2004 739,883,637 Portrait by Ian Rank-Broadley (Fourth Portrait) ELIZABETH · II D · G · REG · F · D · 2004
One Penny 2005 536,318,000 Portrait by Ian Rank-Broadley (Fourth Portrait) ELIZABETH · II D · G · REG · F · D · 2005
One Penny 2006 524,742,798 Portrait by Ian Rank-Broadley (Fourth Portrait) ELIZABETH · II D · G · REG · F · D · 2006
One Penny 2007 548,132,093 Portrait by Ian Rank-Broadley (Fourth Portrait) ELIZABETH · II D · G · REG · F · D · 2007
One Penny 2008 (Ironside design) 180,772,577 Portrait by Ian Rank-Broadley (Fourth Portrait) ELIZABETH · II D · G · REG · F · D · 2008
One Penny 2008 (Dent design) 508,072,000 Portrait by Ian Rank-Broadley (Fourth Portrait) ELIZABETH · II D · G · REG · F · D · 2008
One Penny 2009 556,552,800 Portrait by Ian Rank-Broadley (Fourth Portrait) ELIZABETH · II D · G · REG · F · D · 2009
One Penny 2010 609,693,000 Portrait by Ian Rank-Broadley (Fourth Portrait) ELIZABETH · II D · G · REG · F · D · 2010
One Penny 2011 431,044,000 Portrait by Ian Rank-Broadley (Fourth Portrait) ELIZABETH · II D · G · REG · F · D · 2011
One Penny 2012 227,234,500 Portrait by Ian Rank-Broadley (Fourth Portrait) ELIZABETH · II D · G · REG · F · D · 2012
One Penny 2013 260,834,000 Portrait by Ian Rank-Broadley (Fourth Portrait) ELIZABETH · II D · G · REG · F · D · 2013
One Penny 2014 464,836,020 Portrait by Ian Rank-Broadley (Fourth Portrait) ELIZABETH · II D · G · REG · F · D · 2014
One Penny 2015 (Fourth Portrait) 154,600,000 Portrait by Ian Rank-Broadley (Fourth Portrait) ELIZABETH · II D · G · REG · F · D · 2015
One Penny 2015 (Fifth Portrait) 418,201,016 Portrait by Jody Clark (Fifth Portrait) ELIZABETH II · DEI · GRA · REG · FID · DEF · 2015 ·
One Penny 2016 371,002,000 Portrait by Jody Clark (Fifth Portrait) ELIZABETH II · DEI · GRA · REG · FID · DEF · 2016 ·
One Penny 2017 240,999,600 Portrait by Jody Clark (Fifth Portrait) ELIZABETH II · DEI · GRA · REG · FID · DEF · 2017 ·
One Penny 2018 unknown Portrait by Jody Clark (Fifth Portrait) ELIZABETH II · DEI · GRA · REG · FID · DEF · 2018 ·
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One Penny: Details
CountryUnited Kingdom
CurrencyPound Sterling
Sub-types One Penny (Bronze, Ironside design)
One Penny (Steel, Ironside design)
One Penny (Dent design)
From1971
Face Value1 (x Penny)
CurrentYes
MaterialBronze
Designer
TechnologyMilled (machine-made)
ShapeRound
Size (mm)
Mass (g)