One penny coins of this type are issued by the Royal Mint as "non-circulating legal tender" (NCLT) - i.e. for collectors, and are not intended for circulation.
This coin was issued as a suitable gift to parents to celebrate the birth of a new child, packaged in a blue or pink baby card.
The Royal Mint says: "Honour the tradition of crossing the baby’s palm with silver to wish a new baby the best possible start in life. Featuring an adorable hand painted Farthing Bear illustration. Unique gift for a birth announcement, baby shower, christening or naming ceremony to mark a baby’s birth year". |