1 Penny
British Decimal One Penny (New Penny)
United Kingdom · 1971-1981
The reverse features a crowned portcullis with chains, a badge of the Houses of Parliament. Below the design is the numeral '1', and the words 'NEW PENNY' are inscribed along the upper curve.
- Country
- United Kingdom
- Year
- 1971-1981
- Denomination
- 1 Penny
- Metal
- Bronze (97% Copper, 2.5% Zinc, 0.5% Tin)
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Overview
The reverse features a crowned portcullis with chains, a badge of the Houses of Parliament. Below the design is the numeral '1', and the words 'NEW PENNY' are inscribed along the upper curve.
Historical significance
This coin was introduced as part of the UK's decimalization process in 1971. The inscription 'NEW PENNY' was used on the first series of decimal pennies to distinguish them from the old pre-decimal pennies until 1982, when the wording changed to 'ONE PENNY'.
Estimated value
$0.01 - $2.00 USD (Circulated examples are generally worth face value; uncirculated or 1971 proof sets may carry slightly higher premiums).
Care & preservation
Avoid cleaning the coin with chemicals or abrasives as this destroys the patina and collector value. Store in a cool, dry place inside an archival-safe holder or flip to prevent further oxidation and scratches.
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