The Maundy penny is the smallest denomination of Maundy money - coins specially minted in varying (but always small) mintage for ceremonial purposes and not intended as circulating currency. They are usually handed by the British monarch in person to selected deserving individuals once every year. They are issued in "prooflike" condition and usually remain in it, especially the more recent ones. Each recipient receives two purses: a red one with ordinary coins, and a white purse containing a particular amount (which varies every year) made up of one, two, three and four pence Maundy coins. Since the amounts are not always divisible by ten, the number (and mintage) of the respective denominations differ; in other words, they cannot always all be cleanly combined into a number of full sets. Note also that the coins are initially in purses; the sets that appear on the market are made from these later, and are not issued as sets by the Royal Mint.
Maundy money has remained in much the same form since 1670, and the coins used for the Maundy ceremony have traditionally been struck in sterling silver, save for the brief interruptions of King Henry VIII’s debasement of the coinage and the general change to 50% silver coins in 1920. The sterling silver standard (92.5%) was resumed following the Coinage Act of 1946. The current reverse was designed by Jean Baptiste Merlen in 1822 and has been issued since then with only minor modifications.
This Maundy penny coin was distributed by Queen Camilla on behalf of King Charles III, who was unable to attend for health reasons, at his second Maundy service as reigning monarch. The ceremony was held at Worcester Cathedral on 28 March 2024. Recipients were selected from Church of England dioceses across the country, and Anglican and Ecumenical partners across the United Kingdom, to thank them for their outstanding Christian service and for making a difference to the lives of people in their local communities.
Since the reign of King Henry IV, in the early 15th century, English monarchs have presented Maundy coins to a number of people that matches the monarch's age. In 2024, the Queen handed out coins to 75 men and 75 women. Each recipient received two purses: a white purse with the amount of 75 pence (seven sets of one penny, twopence, threepence and a fourpence each, plus additional coins to the amount of 5p), and a red purse with two commemorative coins: a £5 (crown) featuring the Tudor Dragon, and a 50p coin commemorating the Royal National Lifeboat Institution. |
Obverse | |
The obverse of the coin displays the first definitive portrait of King Charles III, which shows his bare (uncrowned) head facing left.
Below the neck truncation in tiny letters, the artist's initials MJ (for Martin Jennings).
Around, the monarch's legend: CHARLES III · DEI · GRATIA · REX · F · D ·. Translated from Latin, the legend means: Charles the Third, by the Grace of God, King, Defender of the Faith.
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Reverse | |
Within an open oak wreath, the numeral value 1 [penny].
Above the value, the Royal Crown, depicted as the Tudor Crown. During the reign of Queen Elizabeth II, it was supposed to stand for St. Edwards Crown, but the depiction remained the same as introduced by Queen Victoria as the Imperial Crown.
Divided by the value, the date of issue: 2024. |
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