EVERY Pre Decimal Penny Mintage + VALUE

Bit's & Bob's
10 Dec 202209:15
EducationalLearning
32 Likes 10 Comments

TLDRThe video from 'Bits and Bobs' offers an insightful exploration of pre-decimal pennies, detailing their mintage numbers and values in average circulating condition. It highlights key years such as 1864 and 1868, which command higher prices due to rarity, and emphasizes the change in portrait depictions from Queen Victoria to King George V. Notably, it points out the 1933 penny with only seven minted, valued at an astonishing 250,000 pounds, and mentions the pause in minting during World War II. The video is a journey through the evolution of the British penny and its historical significance.

Takeaways
  • πŸ“ˆ The video discusses pre-decimal pennies, their mintage, and value in average circulating condition.
  • πŸ… The 1864 penny is slightly rare and commands a higher price in new condition.
  • πŸ“Š The 1868 penny, with only 1.1 million made, is worth 40 pounds.
  • πŸ€” The 1869 penny has an unknown mintage and sells for 87 pounds even in okay condition.
  • πŸ‘‘ Queen Victoria's portrait by Leonard Charles Ryan, known as the 'young head', is featured on pennies until 1895.
  • 🎭 After 1895, the 'old' or 'veiled head' by Thomas Brock is portrayed on the obverse of the coins.
  • πŸ™οΈ The last Victorian Penny was minted in 1901, followed by Edward VII's portrait by Sir Joseph Edgar Boone.
  • πŸ‘‘ George V's portrait, facing left and designed by Bertram McKennell, appears on the obverse of the coins.
  • ⚠️ No pennies were minted in 1923, 1924, and 1925, but production resumed in 1926.
  • πŸ’° The 1933 penny is extremely rare, with only seven made, and is valued at 250,000 pounds.
  • 🌐 The portrait changed again in 1937 to George VI facing left, designed by Humphrey Padgett, marking the beginning of his reign.
  • πŸ•ŠοΈ There were no pennies minted in 1941, 1942, and 1943 due to World War II.
Q & A
  • What is the main focus of the video?

    -The video focuses on discussing every pre-decimal penny, including their mintage and value.

  • Which year's penny is considered slightly rare and commands a higher price?

    -The 1864 penny is considered slightly rare and commands a higher price.

  • How many 1868 pennies were made and what is their value in good condition?

    -Only 1.1 million 1868 pennies were made and they are worth around 40 pounds in good condition.

  • What is unique about the 1869 penny in terms of mintage and value?

    -The 1869 penny has an unknown mintage and even in average condition, it sells for 87 pounds.

  • Which portrait of Queen Victoria is featured on the pre-1895 pennies?

    -The portrait of Queen Victoria by Leonard Charles Ryan, known as the young head, is featured on pre-1895 pennies.

  • Who designed the portrait of Queen Victoria used on the obverse of the 1901 Victorian Penny?

    -The portrait of Queen Victoria on the 1901 Victorian Penny was designed by Sir Joseph Edgar Boehm.

  • What significant change happened to the penny in 1933?

    -In 1933, only seven pennies were ever made, and they are valued at 250,000 pounds each.

  • Which years had no pennies minted due to World War II?

    -No pennies were minted in the years 1941, 1942, and 1943 due to World War II.

  • What is the value of a 1950 penny with a mintage of just over a quarter of a million?

    -A 1950 penny has a value of 35 pounds due to its mintage of just over a quarter of a million.

  • Which king's portrait replaced George V's on the obverse of the pennies?

    -King George VI's portrait, designed by Humphrey Padgett, replaced George V's on the obverse of the pennies.

  • What is the significance of the 1937 penny in terms of the portrait's designer and the reign it represents?

    -The 1937 penny is significant as it features the first portrait of King George VI facing left, designed by Humphrey Padgett, marking the beginning of his reign.

Outlines
00:00
🏺 Historical Penny Values and Mintage

This paragraph discusses the historical values and mintage of pre-decimal pennies in the UK, highlighting specific years such as 1860, 1864, 1868, 1869, and transitioning through the reigns of various monarchs including Queen Victoria, Edward VII, George V, and George VI. It emphasizes the rarity and value of certain years, like the 1933 penny with only seven ever made and worth 250,000 pounds, and notes changes in coinage due to World War II with no pennies minted in 1941, 1942, and 1943.

05:14
🎡 Music and Coinage Gaps in the 20th Century

The second paragraph focuses on the gaps in coinage during certain years of the 20th century, specifically 1923, 1924, and 1925 when no pennies were minted, and the resumption of production in 1926. It mentions the 1933 penny as a highly valuable coin due to its rarity and then discusses the change in portrait with the ascension of George VI in 1937. The paragraph also notes the absence of pennies during the war years of 1941, 1942, and 1943, and provides the value of the 1950 penny due to its low mintage, and briefly mentions the pause in minting before 1961.

Mindmap
Keywords
πŸ’‘Pre-decimal penny
The pre-decimal penny refers to the British one-penny coin issued before the country switched to the decimal currency system in 1971. This coin is significant in numismatics and the video discusses various pre-decimal pennies, their minting details, and their value in the collector's market.
πŸ’‘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. In the context of the video, mintage figures are used to highlight the scarcity or abundance of different pre-decimal pennies.
πŸ’‘Value
The term 'value' in the context of the video refers to the monetary worth or the collector's price of a particular coin, especially in its average circulating condition. The value is influenced by factors such as mintage, condition, and historical significance.
πŸ’‘Queen Victoria
Queen Victoria was the monarch of the United Kingdom from 1837 to 1901. Her reign, known as the Victorian era, saw significant changes in British society and the coinage of the time featured her portrait. In the video, the portrayal of Queen Victoria by Leonard Charles Ryan, known as the 'young head,' is discussed in relation to the pre-decimal pennies.
πŸ’‘Thomas Brock
Thomas Brock was a British sculptor who is noted for his work in designing coins. In the video, he is credited with creating the 'old or veiled head' portrait of Queen Victoria that replaced the 'young head' after 1895 on the obverse of the pennies.
πŸ’‘Edward VII
Edward VII was the King of the United Kingdom after the death of his mother, Queen Victoria, and his reign lasted from 1901 to 1910. The video discusses the change in coinage during his reign, with his portrait by Sir Joseph Edgar Boehn appearing on the obverse of the pennies.
πŸ’‘George V
George V was the King of the United Kingdom from 1910 to 1936. His portrait, facing left and designed by Bertram MacKennall, is featured on the obverse of the pennies during his reign. This change in design is part of the historical evolution of British coinage covered in the video.
πŸ’‘Non-remeted years
Non-remeted years refer to the years when no coins were minted. In the context of the video, this term is used to describe the period during World War II when the production of pennies was halted due to the war efforts.
πŸ’‘George VI
George VI was the King of the United Kingdom from 1936 to 1952. His portrait, facing left and designed by Humphrey Padgett, was featured on the obverse of the pennies during his reign, marking a new era in British coinage as discussed in the video.
πŸ’‘Numismatics
Numismatics is the study or collection of currency, including coins and paper money, from a historical, artistic, or financial perspective. The video's focus on the mintage and value of pre-decimal pennies is a part of numismatic interest, as it explores the historical and monetary significance of these coins.
πŸ’‘Collectors' market
The collectors' market refers to the community and trade of individuals who buy, sell, and exchange collectible items, such as coins, stamps, or other memorabilia. The video discusses the value of pre-decimal pennies in this market, which is influenced by factors like rarity, condition, and historical significance.
Highlights

The video discusses every pre-decimal penny, including mintage and value.

Values are for average condition or circulating type coins.

1860 penny with mint engine values to the right and coin picture to the left.

1864 penny is slightly rare, commanding a higher price.

1868 penny, with only 1.1 million made, is worth 40 pounds.

1869 penny has an unknown mintage and sells for 87 pounds in okay condition.

Queen Victoria's portrait by Leonard Charles Ryan, known as the young head, is featured on pennies before 1895.

After 1895, the old or veiled head by Thomas Brock is portrayed on the obverse of the coins.

1901 was the last Victorian Penny, featuring Edward VII's portrait by Sir Joseph Edgar Boone.

George V's portrait facing left, done by Bertram McKennell, is featured on the obverse of the coins.

No pennies were minted in 1923, 1924, and 1925.

1933 penny is extremely rare, with only seven ever made and a value of 250,000 pounds.

In 1937, the portrait changed to George VI facing left, designed by Humphrey Padgett.

No pennies were minted in 1941, 1942, and 1943 due to World War II.

The 1950 penny has a value of 35 pounds due to its mintage of just over a quarter of a million.

No more pennies were minted until 1961.

The video provides a comprehensive overview of the mintage and value of pre-decimal pennies.

Transcripts
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