Top 10 Rarest Pre Decimal Pennys

Bit's & Bob's
11 Feb 202306:00
EducationalLearning
32 Likes 10 Comments

TLDRIn this video, we explore the top 10 rarest pre-decimal pennies, highlighting their minting numbers and potential value in top condition. Starting with the 1880 penny and ending with the one-of-a-kind 1952 penny, the list includes Victorian and George VI era coins, with the 1933 penny fetching an astonishing auction estimate of £230,000 due to its extremely low mintage. The video also mentions the 1869 penny, which, despite lacking an official mintage record, is highly sought after by collectors.

Takeaways
  • 🏅 The 10th rarest producible penny is the 1880 one penny coin with a mintage of 3,831,000.
  • 🏅 The 9th rarest is the 1878 one penny coin, minted 2,764,470 times.
  • 🏅 The 8th rarest is the 1953 penny, the first to feature Queen Elizabeth II, with a mintage of 1,348,400.
  • 🏅 The 7th rarest is the 1871 penny, with a mintage of 1,290,318, valued at £1,500 in top condition.
  • 🏅 The 6th rarest is the 1868 penny, with a mintage of 1,182,720, also valued at £1,500 in top condition.
  • 🏅 The 5th rarest is the 1950 penny, the first George VI penny, with a mintage of 240,000 and worth £65.
  • 🏅 The 4th rarest is the 1951 penny, another George VI coin, with a mintage of 120,000 and valued at £150.
  • 🏅 The 3rd rarest is the 1933 penny, with an incredibly low mintage of 7, auctioned at around £230,000.
  • 🏅 The 2nd rarest is the 1954 penny, of which only one was made with both heads and tails, estimated at £200,000.
  • 🏅 The rarest pre-decimal penny is the 1952 penny, a one-of-a-kind coin with an auction estimate of £205,000.
  • 🏅 The 1869 penny is not included in the list due to unknown mintage but sells for around £1,500 in top condition, indicating its rarity.
Q & A

  • When was the principal Penny introduced?

    -The principal Penny was introduced in 1860.

  • Up to which year was the Penny minted almost every year?

    -The Penny was minted almost every year up to 1970.

  • What is the mintage of the 1880 one penny coin?

    -The mintage of the 1880 one penny coin is three million eight hundred and thirty thousand.

  • What is the value of the 1878 one penny coin in top condition?

    -The value of the 1878 one penny coin in top condition is 285 pounds.

  • Why was the 1953 penny the first to feature Queen Elizabeth II?

    -The 1953 penny was the first to feature Queen Elizabeth II because it was released to meet the public demand for a Queen Elizabeth II penny.

  • What is the mintage of the 1871 Penny?

    -The mintage of the 1871 Penny is one million two hundred and ninety thousand three hundred and eighteen.

  • How much is a top condition 1868 Penny worth?

    -A top condition 1868 Penny is worth fifteen hundred pounds.

  • What is the significance of the 1950 Penny in the video?

    -The 1950 Penny is the first George VI Penny featured in the video and has a mintage of only 240,000.

  • Why is the 1933 Penny so valuable despite its mintage of seven?

    -The 1933 Penny is valuable due to its incredibly low mintage and high collectibility, with a current auction estimate of 230,000 pounds.

  • What is the auction estimate for the 1954 Penny?

    -The auction estimate for the 1954 Penny, of which only one with both heads and tails was made, is two hundred thousand pounds.

  • Why couldn't the 1869 Penny be included in the list of rarest pre-decimal pennies?

    -The 1869 Penny couldn't be included in the list because its mintage is unknown, making it difficult to determine its rarity and value compared to the other coins.

  • What is the rarest pre-decimal penny and what is its auction estimate?

    -The rarest pre-decimal penny is the 1952 Penny, which is a one-of-a-kind coin with a current auction estimate of 205,000 pounds.

Outlines
00:00
🏅 Top 10 Rarest Pre-Decimal Pennies Overview

This paragraph introduces the topic of the video, which is about the top 10 rarest pre-decimal pennies. It explains that the principal Penny was introduced in 1860 and was minted almost every year up to 1970. The video focuses on the rare dates that went into circulation, the most expensive and rarest pennies to find, and starts the countdown with the 10th rarest producible penny, the 1880 one penny coin. The mintage of this coin is mentioned as three million eight hundred and thirty-one thousand, with a top condition value of 250 pounds. The video emphasizes the importance of looking out for high-quality examples of these rare coins.

05:03
🥇 The Rarest Pennies and Their Values

The paragraph delves into the details of the rarest pennies, their minting numbers, and their values in top condition. It covers the 1878 penny with a mintage of two million seven hundred and sixty-four thousand four hundred and seventy, valued at 285 pounds; the 1953 penny featuring Queen Elizabeth II with a mintage of one million three hundred and forty-eight thousand four hundred, worth 15 pounds; the 1871 penny with a mintage of one million two hundred and ninety thousand three hundred and eighteen, valued at 1,500 pounds; the 1868 penny with a mintage of one million one hundred and eighty-two thousand seven hundred and twenty, worth 1,500 pounds; and the 1950 penny, the first George VI penny, with a mintage of 240,000 and valued at 65 pounds. The paragraph also mentions the 1869 penny, which, despite having no recorded mintage, is known to be rare and sells for around 1,500 pounds in top condition.

Mindmap
Keywords
💡Pre-decimal pennies
Pre-decimal pennies refer to the copper or bronze one penny coins used in the United Kingdom before the decimalisation of the currency in 1971. These coins were minted from 1860 to 1970 and are collected for their rarity, historical significance, and potential value. The video discusses the top 10 rarest of these coins, highlighting their minting years, mintage numbers, and their estimated value in top condition.
💡Mintage
Mintage refers to the number of coins that are produced by a mint in a given year or period. It is a crucial factor in determining the rarity and value of a coin. Lower mintage numbers often indicate a more valuable and rare coin. In the context of the video, mintage numbers are used to rank the rarity of pre-decimal pennies.
💡Circulation
Circulation refers to the distribution and use of coins within the economy. Coins that have been in circulation are more likely to show signs of wear and tear, which can decrease their value to collectors. The video discusses coins that went into circulation and those that were kept in proof sets, affecting their condition and value.
💡Proof issue
A proof issue refers to coins that are specially minted for collectors and are typically not intended for general circulation. These coins are usually struck with a higher quality finish and are often kept in pristine condition. The 1970 penny mentioned in the video is a proof issue and is excluded from the list of rarest pre-decimal pennies.
💡Queen Elizabeth II
Queen Elizabeth II is the current monarch of the United Kingdom, who ascended to the throne in 1952. Her image has been featured on UK currency, including the penny, since her reign began. The video mentions the 1953 penny as the first to feature Queen Elizabeth II, which was released to meet public demand and has a mintage of one million three hundred and forty-eight thousand four hundred.
💡George VI
George VI was the King of the United Kingdom from 1936 to 1952, the father of Queen Elizabeth II. His reign is marked by significant historical events, including World War II. Coins bearing his image are indicative of a particular era in British history. The video discusses two George VI pennies, from 1950 and 1951, which are among the rarer pre-decimal pennies.
💡Victorian pennies
Victorian pennies refer to the one penny coins minted during the reign of Queen Victoria, from 1837 to 1901. These coins are known for their historical significance and the variety in their design, including the use of the Victoria Old Head and Young Head designs. The video lists several Victorian pennies among the rarest pre-decimal pennies, such as the 1880, 1878, and 1868 pennies.
💡Auction estimate
An auction estimate is a professional appraisal of the likely selling price of an item at auction. It is based on factors such as the item's rarity, condition, historical significance, and market demand. In the context of the video, auction estimates are used to provide a monetary value for the rare pre-decimal pennies discussed.
💡Collector's item
A collector's item is an object that is sought after by collectors due to its rarity, historical value, or aesthetic appeal. In the context of the video, the rare pre-decimal pennies are considered collector's items, with some being one-of-a-kind or having extremely low mintage numbers that make them highly desirable among numismatists.
💡Condition
In numismatics, the condition of a coin refers to its state of preservation. A coin's condition can significantly affect its value, with coins in top condition being more valuable. The video discusses the value of the rare pennies assuming they are in top condition, which means they are in excellent or uncirculated state.
💡Numismatics
Numismatics is the study or collection of currency, including coins and paper money. It is a hobby and an investment field where collectors seek out rare, old, or otherwise valuable items. The video is focused on numismatics as it discusses the rarity and value of pre-decimal pennies, which are of interest to collectors and numismatists.
Highlights

The principal Penny was introduced in 1860 and minted almost every year up to 1970.

The 1970 Penny was a proof issue and not counted among the circulated coins.

The 10th rarest producible penny is the 1880 one penny coin with a mintage of 3,831,000.

The 1878 one penny coin has a mintage of 2,764,470 and is valued at 285 pounds in top condition.

The 1953 penny was the first to feature Queen Elizabeth II with a mintage of 1,348,400.

The 1871 penny, a Victorian coin, has a mintage of 1,290,318 and is worth 1,500 pounds in top condition.

The 1868 Penny is rarer with a mintage of 1,182,720 and valued at 1,500 pounds in top condition.

The 1950 Penny, the first George VI Penny, has a mintage of only 240,000 and is worth 65 pounds.

The 1951 George VI Penny has a mintage of 120,000 and can sell for 150 pounds in top condition.

The 1933 Penny has an incredibly low mintage of 7 and is valued at 230,000 pounds.

The 1954 Penny is rare with a mintage of 7 or technically 7, with one fully minted coin and the rest only struck on one side.

The rarest pre-decimal penny is the 1952 Penny, a one-of-a-kind collector's item valued at 205,000 pounds.

The 1869 Penny has no accurate recorded mintage and sells for around 1,500 pounds in top condition.

The video discusses the top 10 rarest pre-decimal pennies and their values in top condition.

Rarity and condition significantly affect the value of these historical coins.

Coins from the Victorian era are particularly sought after by collectors due to their age and limited mintage.

Transcripts

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