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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, which also featured the figure of Britannia. The bronze coins of this type replaced the larger copper pennies which were issued until 1860; copper was considered to be impractical as it wore too rapidly due to extensive circulation. The new, more durable, alloy was composed of 95 parts of copper, four of tin and one of zinc. The coins were also smaller and thinner, therefore more convenient to carry. The dies were engraved by Leonard Charles Wyon, then Engraver to the Royal Mint.
The reverse features a new, third, design of Britannia. The obverse carries Leonard Wyon's "Bun Head" portrait of Queen Victoria. Both sides were updated to the pennies carrying the fourth Britannia design and a new effigy of the Queen in 1895.
One penny coins issued in 1888 remained in circulation for 83 years 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 old coins.
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Obverse | |
The obverse of the coin shows the young effigy of Queen Victoria by Leonard Charles Wyon, which is widely known as the "Bun Head" due to the Queen's hairstyle.
The portrait depicts Queen Victoria facing left, wearing a bodice and a mantle decorated with rose, thistle and shamrock (the floral symbols of the constituent parts of the United Kingdom - England, Scotland and Ireland respectively); in her hair is a wreath of leaves and berries tied at back with ribbon, her hair is drawn to a plaited bun behind; she wears a circular brooch; at the back of her shoulder, a small part of the Star of the Garter is visible, with a small part of its motto ("HONI SO") readable.
Around, the monarch's legend: VICTORIA D : G : BRITT : REG : F : D :. Translated from Latin: Victoria, by the Grace of God, Queen of the Britains, Defender of the Faith.
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Reverse | |
The reverse of the coin shows, within a beaded border, the figure of Britannia - the female personification of Great Britain - seated facing right, wearing a Corinthian helmet pushed back to reveal her face, resting her right hand on a shield bearing the combined crosses of the Union Flag, and holding a trident in her left hand.
In the background at right, a ship sailing away; at left, a lighthouse.
Around left and right, the denomination ONE PENNY.
In exergue, the date 1888. |
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Reverse Inscription |
ONE PENNY 1888 |
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Edge | Plain | Edge Inscription | None |
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Notes | All one penny coins this year had Obverse 12 and Reverse N (definitions by Freeman).
For information about Freeman obverse/reverse varieties, see descriptions on the one penny / third Britannia type page.
References to additional information:
[Book] Bressett, Kenneth E. 1962. A Guidebook of English Coins, Nineteenth and Twentieth Centuries. Wisconsin, USA, pp 31-40 [Book] Freeman, Michael J. 1970. The Bronze Coinage of Great Britain. Motherwell, Scotland, (2016 ed. pp 21-48) [Book] Remick, Jerome. 1971. The Guide Book and Catalogue to British Commonwealth Coins, pp 202-206 |
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