10 Extremely VALUABLE Old Penny Varieties You May Have!
TLDRThe video script from 'Bits and Bobs' details the top 10 most valuable pre-decimal penny varieties, including error coins and rare editions. Coins such as the 1902 low tide error penny, 1926 George V penny with a unique 'i' die, and the 1922 penny with a Trident variation are highlighted, with values ranging from £10 to an estimated £50,000 for the rarest 1920 Type 3 obverse penny. The video encourages viewers to scrutinize their coins for potential rarities and provides tips for identifying these valuable varieties.
Takeaways
- 🔍 The 1902 one penny with a 'low tide' error on the reverse is worth significantly more than a standard 1902 penny.
- 👁️ The 1926 George V penny with an 'eye pointing to a bead' variety on the obverse can be valuable, especially in uncirculated condition.
- 🤏 A small dot after the 'N' in the 1909 Edward VII penny indicates a rare variety due to an imperfect die.
- 👑 The George VI penny from an unspecified year with extra metal above the 'E' is a sought-after error coin among collectors.
- 👵 A 1874 Victorian penny with a 'thin neck' and 'whole broach' design on the obverse and a 'flat stomach Britannia' on the reverse is rare and valuable.
- 🕳️ The 1911 'hollow neck' or 'Gobi X' penny is identified by a recessed neck on both the obverse and reverse, making it a highly sought-after variety.
- 🏰 The 1919 penny with 'KN' mintmark, indicating production at Kings Norton, is rarer and more valuable than those minted by the Royal Mint.
- 📈 The 1903 'open three' penny variety, where the numeral '3' is less curly, commands high prices in all conditions.
- 🔱 The 1922 penny with a 'gap in the Trident' variety is exceedingly rare, with prices increasing dramatically in higher grades.
- 🥇 The rarest variety mentioned is the 1920 penny with a Type 3 obverse, of which only one is known to exist, making it an extremely valuable coin.
Q & A
What is the main focus of the video?
-The main focus of the video is to discuss the top 10 most valuable pre-decimal penny varieties, including error coins and rare varieties that are worth a significant amount of money.
What makes the 1902 one penny the 10th most valuable variety discussed in the video?
-The 1902 one penny is valuable due to the 'low tide error' variety, where there is a gap between Britannia's legs and the sea level on the reverse of the coin, as opposed to the usual meeting of the three lines in the common version.
How can you identify the rare variety of the 1926 penny discussed in the video?
-The rare variety of the 1926 penny can be identified by the 'eye pointing to a bead' feature, where the 'i' in the word 'die' on the obverse points directly to one of the beads on the edge, rather than between two beads as in the common variety.
What is the distinguishing feature of the rare 1909 Edward VII penny?
-The rare 1909 Edward VII penny features a small dot after the 'n' in the word 'one' on the obverse, which is the result of dirt getting into the dye and causing an imperfect die.
What are the two key features to look for in the 1874 Victorian penny to identify the rare variety?
-To identify the rare 1874 Victorian penny, look for a thinner neck on the obverse and the absence of the small dot above the lighthouse on the reverse.
How can you tell the difference between the common and rare 1911 'hollow neck' penny?
-The rare 'hollow neck' penny can be distinguished by a recessed neck area on both the obverse and reverse, giving the appearance of a hollowness on King George V's neck.
What makes the 1919 penny with the 'KN' letters on the date so valuable?
-The 'KN' letters on the 1919 penny indicate that it was minted at Kings Norton, which produced fewer pennies that year compared to the Royal Mint, making it rarer and more valuable.
What is the unique feature of the 1903 'open three' penny that increases its value?
-The 'open three' penny has a distinctively less curly number '3' on the obverse, with the top almost flat and the bottom curling in much less, making it a rare variety compared to the more common 'cloudy three' version.
Why is the 1922 penny with the middle prong of the Trident not touching a bead so rare and valuable?
-The 1922 penny with the middle prong of the Trident not touching a bead is extremely rare because most 1922 pennies have the middle prong touching a bead. This unique feature makes it highly sought after by collectors.
What distinguishes the 1920 Type 2 obverse from the Type 3 obverse, and why is it so valuable?
-The 1920 Type 2 obverse has closer colons between the 'A' and 'B' in 'AB', especially at the bottom, compared to the Type 3 which has larger gaps. The 1920 Type 2 is valuable because it is extremely rare, with only one known example, and it is estimated to be worth around 50,000 pounds.
Outlines
🔍 Valuable Pre-Decimal Penny Varieties
This paragraph introduces the topic of valuable pre-decimal penny varieties, focusing on error coins and rare varieties not intended for circulation. It details the 1902 one penny with a unique reverse design known as the 'low tide error' variety, which can be worth up to 350 pounds in uncirculated grade. The segment also covers the 1926 George V penny with a rare obverse variety, identified by the 'i' in 'die' pointing directly to a bead on the edge, valued up to 600 pounds in uncirculated condition.
🏅 Top Rare Penny Varieties and Their Values
The paragraph discusses various rare penny varieties, including an 8th place 1909 Edward VII coin with an imperfect die causing a small dot after the 'n' in 'one', valued up to 700 pounds in uncirculated grade. It also describes a George VI coin from 1940 with extra metal above the 'E' due to dirt in the dye, and a 1874 Victorian coin with a rare obverse and reverse design, worth up to 750 pounds in uncirculated condition. The 1911 'hollow neck' or 'Gobi X' penny is also mentioned, valued up to 1,000 pounds in extremely fine condition.
🥇 The Rarest Penny Varieties and Their Identification
This section reveals the rarest penny varieties, starting with a 1919 penny from Kings Norton, distinguished by the letters 'KN' in the date. It also discusses a 1903 penny with an 'open three' variety, and a 1922 penny with a rare Trident design where the middle prong does not touch a bead, valued up to 5,000 pounds in uncirculated grade. The paragraph concludes with the rarest variety, a 1920 penny with a type 3 obverse, estimated to be worth around 50,000 pounds due to its extreme rarity.
📌 Final Thoughts and Call to Action
The final paragraph wraps up the discussion on rare penny varieties with a call to action for viewers to check their pennies carefully for potential rare errors or varieties. It also encourages viewers to like and subscribe for more content and wishes everyone a great day, promising more coin discussions in the future.
Mindmap
Keywords
💡Pre-decimal Penny
💡Error Coins
💡NIFC Coins
💡Varieties
💡Collectors
💡Condition
💡Value
💡Obverse
💡Reverse
💡Die
💡Mint Errors
Highlights
The 1902 one penny with the 'low tide' error variety is worth up to £350 in uncirculated grade.
The 1926 George V penny with the 'eye pointing to a bead' variety can be worth up to £600 in uncirculated grade.
The 1909 Edward VII penny with an extra dot above the 'N' in 'one' is worth up to £700 in uncirculated grade.
The George VI penny from an unknown year with extra metal above the 'E' is worth up to £750 in uncirculated grade.
The 1874 Victorian penny with a 'thin neck' and 'whole broach' design can be worth £750 in uncirculated grade.
The 1911 'hollow neck' or 'Gobi X' penny is a rare variety worth up to £1,000 in uncirculated grade.
The 1919 penny with 'KN' mintmark is worth 2,250 pounds in uncirculated grade.
The 1903 'open three' penny is worth up to £2,500 in uncirculated grade.
The 1922 penny with the middle prong of the Trident not touching a bead is extremely rare and can fetch over £5,000 in uncirculated grade.
The rarest penny variety is the 1920 'Type 3' obverse, estimated to be worth around £50,000.
Pre-decimal penny varieties with errors or unique features can be highly valuable to collectors.
Coins with small errors or differences in design can have a significant impact on their value.
Collectors should pay close attention to details on both the obverse and reverse of old coins.
The value of a coin can be greatly influenced by its condition, with uncirculated grades commanding the highest prices.
The 'low tide' penny is identified by a gap between Britannia's legs and the sea level on the reverse.
The 'eye pointing to a bead' variety is identified by the eye in the word 'die' pointing directly to a bead on the edge.
The 'open three' variety is characterized by the number '3' being less curly and more open than the common version.
The 'hollow neck' or 'Gobi X' penny is distinguished by a recessed neck on King George V's portrait.
Transcripts
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