Every Brass Threepence - Mintage And Value

Bit's & Bob's
6 May 202305:45
EducationalLearning
32 Likes 10 Comments

TLDRThe video from 'Bits and Bobs' offers a comprehensive review of the UK's brass threepence coins, starting from their introduction in 1937 as the first non-round coin to circulate in the country. It details the mintage and value of each year's coin, highlighting the scarcity and value peaks like the 1946 edition, with only 620,734 minted and worth up to £675 in uncirculated condition. The series transitions from King George VI to Queen Elizabeth II in 1953, with the latter's first year featuring a right-facing portrait by Mary Gillick. The video concludes with the common 1967 coin, valued at just 50p to £2, illustrating the impact of mintage and age on a coin's worth.

Takeaways
  • 🏵 The first ever non-round coin to circulate in the UK was struck in 1937, made of brass.
  • 💰 The 1937 coin has a value ranging from one pound in worn condition to nine pounds in uncirculated condition.
  • 📈 The mintage numbers varied significantly across different years, with the highest being 151 million 780,800 in 1967.
  • 📉 The value of the coins generally decreased as the mintage numbers increased, with common coins like the 1967 having a value of only 50p to two pounds.
  • 🔍 The year 1946 was very scarce with only 620,734 coins minted, making it highly valuable at 10 pounds worn and 675 pounds uncirculated.
  • 👑 1953 marked the first year Queen Elizabeth II was featured on the coinage, with a right-facing portrait by Mary Gillick.
  • 🎨 The reverse of the coin was also changed for Queen Elizabeth II's reign, featuring a crowned portrait.
  • 📊 The value of the coins from 1953 to 1959 ranged from one pound to eight pounds in poor to uncirculated condition.
  • 📉 In 1947, no coins were made, which is the only year this occurred.
  • 📈 The year 1949 had the lowest mintage at only 464,000, making it the rarest and most valuable in worn and uncirculated conditions.
  • 📚 The video provides a comprehensive guide to the mintage and value of brass threepence coins from 1937 to 1967.
Q & A

  • What year were the brass threepence coins first minted?

    -The brass threepence coins were first minted in 1937.

  • What material were the brass threepence coins made of?

    -The brass threepence coins were made of brass.

  • Why were the 1937 brass threepence coins significant in the UK?

    -The 1937 brass threepence coins were significant as they were the first ever non-round coins to circulate in the UK.

  • What was the mintage of the brass threepence coin in 1937?

    -The mintage of the brass threepence coin in 1937 was 45,707,957.

  • What is the value of a worn 1937 brass threepence coin today?

    -A worn 1937 brass threepence coin is valued at one pound today.

  • In which year was the mintage of the brass threepence coin the highest before 1950?

    -The highest mintage of the brass threepence coin before 1950 was in 1942 with over 103 million coins minted.

  • What was the mintage and value of the 1949 brass threepence coin?

    -The 1949 brass threepence coin had a mintage of only 464,000, making it the rarest of the period. It is worth 12 pounds in worn condition and almost 700 pounds in uncirculated grade.

  • When did the minting of brass threepence coins resume after 1947?

    -The minting of brass threepence coins resumed in 1948.

  • What significant change occurred in 1953 for the brass threepence coin?

    -In 1953, the portrait of Queen Elizabeth II by Mary Gillick was introduced on the obverse of the coin, marking the first year of her reign.

  • What was the mintage and value range of the 1967 brass threepence coin?

    -The 1967 brass threepence coin had a mintage of 151,780,800 and a value range of 50p to two pounds.

  • What is the value of an uncirculated 1946 brass threepence coin?

    -An uncirculated 1946 brass threepence coin is valued at 675 pounds.

  • How many brass threepence coins were minted in 1950 and what is their value in uncirculated condition?

    -1.6 million brass threepence coins were minted in 1950, and they are worth 120 pounds in uncirculated condition.

  • What is the value of a worn 1952 brass threepence coin?

    -A worn 1952 brass threepence coin has a value of two pounds.

  • What was the lowest mintage of the brass threepence coins during the period covered in the script?

    -The lowest mintage of the brass threepence coins during the period covered in the script was in 1949 with only 464,000 coins minted.

Outlines
00:00
🏦 History and Value of Brass Threepence Coins (1937-1964)

This paragraph provides a historical overview and valuation of the brass threepence coin in the UK, starting from its first minting in 1937. It details the mintage figures and value ranges for each year up to 1964. The coin was the first non-round coin to circulate in the UK and was initially made of brass. The mintage varied significantly from year to year, with some years like 1937 having a mintage of over 45 million, while others like 1946 were much rarer with only 620,734 coins minted. The value of these coins also fluctuated based on their condition and rarity, with some uncirculated coins from certain years being worth hundreds of pounds. The paragraph also notes the transition from King George VI to Queen Elizabeth II on the coin's design in 1953.

05:01
📉 Decreasing Value of Brass Threepence Coins (1965-1967)

The second paragraph discusses the mintage and diminishing value of the brass threepence coins from 1965 to 1967. The mintage figures for these years were considerably higher, with 1967 having an exceptionally large mintage of 151 million coins. As a result of their more common occurrence, the value of these coins has decreased over time. In 1965, the coin was valued between one and six pounds, while by 1967, the value had dropped to as low as 50p for the most common coins, and up to two pounds for those in better condition. The paragraph concludes with an invitation for viewers to comment on their coin collections and to subscribe for more content.

Mindmap
Keywords
💡Brass Threepence
The 'Brass Threepence' refers to a specific British coin that was minted in brass, first introduced in 1937. It was the first non-round coin to circulate in the UK, marking a significant change in coin design. The script discusses the mintage and value of these coins across different years, making it a central theme of the video.
💡Mintage
Mintage refers to the number of coins that were produced by a mint for a particular year and denomination. In the context of the video, mintage figures are given for various years to indicate the rarity and potential value of the Brass Threepence coins, with lower mintage numbers often correlating with higher coin values.
💡Value
Value in this script pertains to the worth of the Brass Threepence coins in terms of monetary terms, specifically the price a collector might pay for them. The video provides a range of values for different years and conditions of the coins, highlighting the importance of year of issue and the coin's state of preservation.
💡Circulation
Circulation refers to coins that have been used as legal tender and have been in the public domain. The script mentions that the Brass Threepence was the first non-round coin to circulate in the UK, emphasizing its historical significance. The condition of the coin, whether worn or uncirculated, affects its value.
💡Non-round Coin
A 'non-round coin' is a coin that does not have the traditional circular shape. The script specifies that the Brass Threepence was the first of its kind to circulate in the UK, indicating a departure from the standard coin design and making it a unique collectible item.
💡Worn Condition
Worn condition describes the state of a coin that has been in circulation and shows signs of wear and tear. The video script provides values for Brass Threepence coins in worn condition, which are typically lower than those for uncirculated coins, reflecting the impact of use on a coin's value.
💡Uncirculated
Uncirculated refers to coins that have never been used and are in pristine condition. The script mentions the value of Brass Threepence coins in uncirculated condition, which is generally higher than for worn coins, indicating the premium placed on coins that have been preserved in their original state.
💡Coin Grading
Coin grading is the process of determining the condition of a coin on a numerical scale. The script uses terms like 'worn' and 'uncirculated' to describe the grading of Brass Threepence coins, which helps to establish their value. The better the grade, the higher the value of the coin.
💡Rarity
Rarity in the context of coin collecting refers to the scarcity of a particular coin, which can be due to low mintage or other factors. The video script discusses the rarity of certain years of the Brass Threepence, such as 1949 with a very low mintage, making it the rarest and often more valuable.
💡Collectors
Collectors are individuals who gather and often study items of interest, such as coins. The script is aimed at collectors, providing them with information on the mintage and value of Brass Threepence coins, which can help them in their collecting pursuits.
💡Vintage
In the context of the script, 'vintage' refers to older coins that are no longer in production. The video discusses the value of vintage Brass Threepence coins from various years, with the understanding that their age and historical significance can affect their collectible value.
Highlights

Introduction to the history and value of brass threepence coins in the UK.

1937 marks the first striking of the brass threepence coin, being the first non-round coin to circulate in the UK.

1937 mintage was 45 million 707,957, with a value ranging from one to nine pounds.

In 1938, the mintage was 14,532,332, and the coin value ranged from two to thirty-one pounds.

1939 saw a mintage of 5,603,021, with values from five to fifty pounds in uncirculated condition.

1940 mintage was 12,636,000 with a value of three pounds in worn condition and 35 pounds in uncirculated.

Over a hundred million coins were made in 1942, with a mintage of 103,214,400.

1943 had the highest mintage with 101,702,400 coins struck.

In 1944, 69,760,000 coins were minted, valued between two to ten pounds today.

1945 mintage was 33,942,466, with a value range of three to twenty pounds.

1946 was a scarce year with only 620,734 coins minted, valued highly in uncirculated condition.

No coins were minted in 1947, but production resumed in 1948.

1949 had an incredibly low mintage of only 464,000, making it the rarest and most valuable.

In 1950, 1.6 million coins were minted, valued between five to one hundred and twenty pounds.

1951 was also a rare year with a mintage of 1,184,000 and high value in uncirculated condition.

The last year of George VI coins was 1952, with a mintage of 25,494,400.

Introduction of Queen Elizabeth II on coins in 1953, with a mintage of 30,618,000.

Mintage and value details for each year from 1954 to 1967, highlighting the transition to more common and less valuable coins.

1967 had the highest mintage of 151,780,800, with the coin being the least valuable due to its commonality.

Transcripts

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Coin CollectingUK CoinsThreepence HistoryMintage FiguresCoin ValuesCirculation EraBrass CoinsNumismaticsRare CoinsVintage Currency