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The British pre-decimal penny coin, abbreviated as 1d (from "denarius" - the Roman coin from which the penny is directly descended), was a unit of currency that equalled one two-hundred-and-fortieth of a pound sterling (there were 20 shillings to a pound, and 12 pence to a shilling so one pound was equal to 240 pence). The denomination continues the tradition of earlier penny coins of Great Britain. In 1801 the parliaments of Great Britain and the Kingdom of Ireland each passed an Act of Union, uniting the two kingdoms and creating the United Kingdom of Great Britain and Ireland. Re-coinage followed in 1806; the first penny coins after that are known as the "Fourth Issue" copper coinage of King George III - the earlier three coinages being while the country was still just Great Britain. The penny went through several transformations: a large copper coin with concave surfaces and a Britannia reverse (1806 and 1807 only, with a single mysterious proof in 1808), a large copper coin with a second Britannia design (1825 to 1860), then smaller bronze coins - with a third Britannia design (1860 to 1894), and finally a simplified fourth Britannia design (1895 to 1970), slightly retouched in 1937. There was also a short-lived attempt between 1817 and 1820 to have circulating silver pennies (identical to the Maundy penny) but this was quickly abandoned due to their inconveniently small size. The coins remained in circulation until "Decimal Day", 15 February 1971 when the old currency was demonetised and the decimal Pound Sterling was introduced, with a new decimal penny replacing these coins at a ratio of one new penny to 2.4 of the old ones. | ||||
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Country | United Kingdom |
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Currency | Pound Sterling (pre-decimal) |
Sub-types |
Penny, Britannia first design Penny, Silver - circulating Penny, Britannia second design Penny, Britannia third design Penny, Britannia fourth design |
From | 1806 |
To | 1970 |
Face Value | 1 (x Penny) |
Current | No (demonetised 1971) |
Material | |
Designer | |
Technology | Milled (machine-made) |
Shape | Round |
Size | |
Mass |
Buy Silver Bullion Online |
Image | Details |
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Coin - Penny, George III, Great Britain, 1806
Copyright: Museums Victoria / CC BY Author: Justine Philip Notes: First design (1806 - 1808). Source |
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Proof Coin - Penny, George IV, Great Britain, 1826
Copyright: Museums Victoria / CC BY Author: Justine Philip Notes: Second design (1825 - 1860). Source |
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Coin - Penny, Queen Victoria, Great Britain, 1863
Copyright: Museums Victoria / CC BY Author: Justine Philip Notes: Third design (1860 - 1894). Source |
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Great Britain 1894 penny KM-790
Copyright: CoinFactsWiki / CC BY-SA Author: Stack's Bowers Notes: 1894 pattern. Source |
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Great Britain 1895 penny
Copyright: CoinFactsWiki / CC BY-SA Author: Stack's Bowers Notes: Fourth design, no lighthouse (1895 - 1937). Source |
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Great Britain 1938 penny
Copyright: CoinFactsWiki / CC BY-SA Author: Stack's Bowers Notes: Fourth design, with lighthouse (1937 - 1970). Source |
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Coin - Penny, George III, Great Britain, 1806
Copyright: Museums Victoria / CC BY Author: Justine Philip Notes: King George III (1806 - 1808). Source |
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Proof Coin - Penny, George IV, Great Britain, 1826
Copyright: Museums Victoria / CC BY Author: Justine Philip Notes: King George IV (1825 - 1827). Source |
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Coin - Penny, William IV, Great Britain, 1831
Copyright: Museums Victoria / CC BY Author: Justine Philip Notes: King William IV (1831 - 1837). Source |
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Coin - Penny, Queen Victoria, Great Britain, 1849
Copyright: Museums Victoria / CC BY Author: Justine Philip Notes: Queen Victoria, Young head (1839 - 1860). Source |
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Coin - Penny, Queen Victoria, Great Britain, 1863
Copyright: Museums Victoria / CC BY Author: Justine Philip Notes: Queen Victoria, Bun head (1860 - 1894). Source |
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Coin - Penny, Queen Victoria, Great Britain, 1898
Copyright: Museums Victoria / CC BY Author: Justine Philip Notes: Queen Victoria, Veiled head (1894 - 1901). Source |
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Coin - Penny, Edward VII, Great Britain, 1902
Copyright: Museums Victoria / CC BY Author: Justine Philip Notes: King Edward VII (1902 - 1910). Source |
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Great Britain 1912-H penny
Copyright: CoinFactsWiki / CC BY-SA Author: Stack's Bowers Notes: King George V, large version (1911 - 1927). Source |
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Great Britain 1936 penny
Copyright: CoinFactsWiki / CC BY-SA Author: Stack's Bowers Notes: King George V, small version (1928 - 1936). Source |
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Proof Coin - Penny, George VI, Great Britain, 1937
Copyright: Museums Victoria / CC BY Author: Justine Philip Notes: King George VI, Emperor of India (1937 - 1948). Source |
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Great Britain 1949 penny
Copyright: CoinFactsWiki / CC BY-SA Author: Stack's Bowers Notes: King George VI (1949 - 1952). Source |
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Great Britain 1961 penny
Copyright: CoinFactsWiki / CC BY-SA Author: Stack's Bowers Notes: Queen Elizabeth II (1953 - 1970). Source |