One Penny 1988, Coin from United Kingdom - detailed information

One Penny 1988, Coin from United Kingdom
CoinOne Penny 1988

The one penny coin is currently the lowest circulating denomination of the British (decimal) Pound Sterling, after the half penny was demonetised in 1984. It was one of three new coins introduced into general circulation on the 15 February 1971 when the United Kingdom adopted a new decimal currency system. The other two new coins were the 1/2p and 2p coins (5p, 10p and 50p had been introduced earlier).

To avoid confusion between the old and new coinage all three coins initially had the word "NEW" incorporated into the reverse design; this was later removed.

Bronze was replaced for new coins with copper-plated steel in 1992. In 2008, a new design was introduced. The original coins are still current though, and circulate in parallel with the new ones. Coins issued in 1988 have now been circulating for 32 years.

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.

MintRoyal Mint Mint MarkNo mint mark Total Mintage793,705,381 (793.7 million), Rarity: C (Common)
Visit the Royal Mint web site for the latest coin releases Visit the Royal Mint web site for the latest coin releases
Obverse
United Kingdom / One Penny 1988 - obverse photo

Crowned bust of Queen Elizabeth II wearing a pearl necklace, facing right (effigy known as the "Third Portrait").

Incuse in tiny letters on the neck truncation, the designer's initials RDM (for Raphael David Maklouf).

Around, the monarch's legend and the date: ELIZABETH II D · G · REG · F · D · 1988. Translated from Latin: Elizabeth the Second, by the grace of God, Queen, Defender of the Faith 1988.

Obverse Inscription ELIZABETH II D · G · REG · F · D · 1988
Reverse
United Kingdom / One Penny 1988 - reverse photo

Within a beaded circle, a crowned portcullis with chains - an adaptation of the Badge of King Henry VII and now the Badge of the Palace of Westminster.

Around above, the denomination ONE PENNY; below, the value as a numeral: 1.

Reverse Inscription 1 ONE PENNY
EdgePlainEdge InscriptionNone
One Penny 1988: Known varieties
Variety In mint sets
Mintage Issued: 134,067 (included in total)
In Set 1988 United Kingdom Brilliant Uncirculated Coin Collection, mintage 134,067
7 coins: £1 Shield of the Royal Arms, 50p, 20p, 10p, 5p, 2p, 1p
- variety: 1988 United Kingdom Brilliant Uncirculated Coin Collection (Baby Gift Set), mintage unknown (included in the above set)
Variety Proof FDC
Mintage Issued: 79,314 (included in total)
In Set United Kingdom Proof Coin Collection 1988, mintage 79,314
7 coins: £1 Shield of the Royal Arms, 50p, 20p, 10p, 5p, 2p, 1p
- variety: United Kingdom Proof Coin Collection 1988 (deluxe), mintage unknown, limited to 125,000 (included in the above set)
One Penny 1988: References to Information Used
SourceEditionAboutLinkNotes
Royal Mint 28th March 2019 Mint link
Royal Mint 28th March 2019 Mintage link Circulation mintage
Spink, Coins of England and the United Kingdom Mintage Proof and sets mintage
Spink, Coins of England and the United Kingdom Varieties Proof FDC, mint sets
All (52) Coins of Country: United Kingdom, Type: One Penny
Coin NameMintageEffigyLegend
One Penny 1971 1,522,016,250 Queen Elizabeth II - Second Portrait ELIZABETH · II D · G · REG · F · D · 1971
One Penny 1972 (Proof only) 150,000 Queen Elizabeth II - Second Portrait ELIZABETH · II D · G · REG · F · D · 1972
One Penny 1973 280,296,000 Queen Elizabeth II - Second Portrait ELIZABETH · II D · G · REG · F · D · 1973
One Penny 1974 330,992,000 Queen Elizabeth II - Second Portrait ELIZABETH · II D · G · REG · F · D · 1974
One Penny 1975 221,704,000 Queen Elizabeth II - Second Portrait ELIZABETH · II D · G · REG · F · D · 1975
One Penny 1976 300,260,000 Queen Elizabeth II - Second Portrait ELIZABETH · II D · G · REG · F · D · 1976
One Penny 1977 285,623,800 Queen Elizabeth II - Second Portrait ELIZABETH · II D · G · REG · F · D · 1977
One Penny 1978 292,856,100 Queen Elizabeth II - Second Portrait ELIZABETH · II D · G · REG · F · D · 1978
One Penny 1979 459,081,000 Queen Elizabeth II - Second Portrait ELIZABETH · II D · G · REG · F · D · 1979
One Penny 1980 416,447,400 Queen Elizabeth II - Second Portrait ELIZABETH · II D · G · REG · F · D · 1980
One Penny 1981 301,900,300 Queen Elizabeth II - Second Portrait ELIZABETH · II D · G · REG · F · D · 1981
One Penny 1982 100,603,800 Queen Elizabeth II - Second Portrait ELIZABETH · II D · G · REG · F · D · 1982
One Penny 1983 243,746,900 Queen Elizabeth II - Second Portrait ELIZABETH · II D · G · REG · F · D · 1983
One Penny 1984 155,024,965 Queen Elizabeth II - 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 Queen Elizabeth II - Fourth Portrait ELIZABETH · II · D · G REG · F · D · 1998
One Penny 1999 891,608,840 Queen Elizabeth II - Fourth Portrait ELIZABETH · II · D · G REG · F · D · 1999
One Penny 2000 1,060,610,219 Queen Elizabeth II - Fourth Portrait ELIZABETH · II · D · G REG · F · D · 2000
One Penny 2001 928,805,113 Queen Elizabeth II - Fourth Portrait ELIZABETH · II · D · G REG · F · D · 2001
One Penny 2002 601,567,309 Queen Elizabeth II - Fourth Portrait ELIZABETH · II · D · G REG · F · D · 2002
One Penny 2003 539,592,512 Queen Elizabeth II - Fourth Portrait ELIZABETH · II · D · G REG · F · D · 2003
One Penny 2004 739,883,637 Queen Elizabeth II - Fourth Portrait ELIZABETH · II · D · G REG · F · D · 2004
One Penny 2005 536,440,263 Queen Elizabeth II - Fourth Portrait ELIZABETH · II · D · G REG · F · D · 2005
One Penny 2006 524,742,798 Queen Elizabeth II - Fourth Portrait ELIZABETH · II · D · G REG · F · D · 2006
One Penny 2007 548,132,093 Queen Elizabeth II - Fourth Portrait ELIZABETH · II · D · G REG · F · D · 2007
One Penny 2008 (Ironside design) 180,772,577 Queen Elizabeth II - Fourth Portrait ELIZABETH · II · D · G REG · F · D · 2008
One Penny 2008 (Dent design) 508,072,000 Queen Elizabeth II - Fourth Portrait ELIZABETH · II · D · G REG · F · D · 2008
One Penny 2009 556,553,570 Queen Elizabeth II - Fourth Portrait ELIZABETH · II · D · G REG · F · D · 2009
One Penny 2010 609,693,000 Queen Elizabeth II - Fourth Portrait ELIZABETH · II · D · G REG · F · D · 2010
One Penny 2011 431,088,981 Queen Elizabeth II - Fourth Portrait ELIZABETH · II · D · G REG · F · D · 2011
One Penny 2012 227,304,802 Queen Elizabeth II - Fourth Portrait ELIZABETH · II · D · G REG · F · D · 2012
One Penny 2013 260,846,937 Queen Elizabeth II - Fourth Portrait ELIZABETH · II · D · G REG · F · D · 2013
One Penny 2014 464,836,020 Queen Elizabeth II - Fourth Portrait ELIZABETH · II · D · G REG · F · D · 2014
One Penny 2015 (Fourth Portrait) 154,645,762 Queen Elizabeth II - Fourth Portrait ELIZABETH · II · D · G REG · F · D · 2015
One Penny 2015 (Fifth Portrait) 418,226,301 Portrait by Jody Clark (Fifth Portrait) ELIZABETH II · DEI · GRA · REG · FID · DEF · 2015 ·
One Penny 2016 368,530,830 Portrait by Jody Clark (Fifth Portrait) ELIZABETH II · DEI · GRA · REG · FID · DEF · 2016 ·
One Penny 2017 241,042,256 Portrait by Jody Clark (Fifth Portrait) ELIZABETH II · DEI · GRA · REG · FID · DEF · 2017 ·
One Penny 2018 (mint sets only) unknown Portrait by Jody Clark (Fifth Portrait) ELIZABETH II · DEI · GRA · REG · FID · DEF · 2018 ·
One Penny 2019 unknown Portrait by Jody Clark (Fifth Portrait) ELIZABETH II · DEI · GRA · REG · FID · DEF · 2019 ·
One Penny 2020 unknown Portrait by Jody Clark (Fifth Portrait) ELIZABETH II · DEI · GRA · REG · FID · DEF · 2020 ·
Advertising
Family-run store trading in rare coins and bullion, plus jewellery design and sales
Family-run store trading in rare coins and bullion, plus jewellery design and sales
One Penny 1988: Details
CountryUnited Kingdom
CurrencyPound Sterling
Coin TypeOne Penny (Ironside design, Bronze)
Issued1988
MonarchQueen Elizabeth II
EffigyPortrait by Raphael Maklouf (Third Portrait)
Face Value1 (x Penny)
Circulation Mintage793,492,000 (793.5 million)
Total Mintage793,705,381 (793.7 million), Rarity: C (Common)
CurrentYes
MaterialBronze
DesignerChristopher Ironside
TechnologyMilled (machine-made)
ShapeRound
OrientationMedal Alignment (Axis 0)
Size (mm)20.3200
Thickness (mm)1.5200
Mass (g)3.5640
OCC IDXYRV-POVR-CDNK-ODQG
Advertising
Buy coins at Amazon
Buy coins at Amazon
Share or Bookmark this Page
One Penny 1988: Photos
ImageDetails
Coin, Great Britain, Elizabeth II, Penny, 1988
Copyright: NumisCorner.com
Source
Coin, Great Britain, Elizabeth II, Penny, 1988
Copyright: NumisCorner.com
Source
One Penny 1988: Catalogue Reference IDs