Six Rare Pennies You May Already Own
TLDRIn this video, the presenter discusses valuable pre-decimal British pennies, focusing on rare errors and variants that collectors seek. Highlights include the 1946 one-dot error penny, the 1909 dot penny, the 1903 open three penny, the 1895 two-millimeter gap penny, the 1911 hollow neck penny, and the 1919 KN (Kings Norton) penny. The video provides insights into the minting history, identification tips, and potential value of these coins, with examples of sales and conditions to guide collectors.
Takeaways
- 🏅 The 1946 penny with a one-dot error is collectible, with the dot appearing after the 'e' in 'one', resembling an apostrophe.
- 👑 The 1946 penny was minted during the reign of King George VI, the grandfather of Charles and father of Elizabeth II.
- 💰 The one-dot error 1946 penny can be worth around £50 in good condition, with an extremely fine example selling for £340 in 2017.
- 🔢 The 1909 penny features a dot next to the 'n' in 'one', and even in poor condition, it can be worth £10-£12.
- 🎥 The 1909 dot penny is valued at £50 in the described condition, with an extremely fine example selling for £450 in 2020.
- 📉 The 1903 penny with an 'open three' design is rare, with 21.5 million minted, and can be worth £30-£60 depending on condition.
- 👵 The 1895 penny with a two-millimeter gap between the trident and 'P' in 'Penny' is known as the veil head or old head penny, and can be bought for £5-£7.
- 🎩 The 1911 penny with a hollow neck variety, named Gobi X, can be identified by a clear dip in the back of the king's neck and is worth £60-£70 in good condition.
- 🏆 The 1919 KN version penny is scarce, with only 683,600 minted, and is made by Kings Norton Metalworks to assist the Royal Mint post-WWI.
- 🌐 The video provides links to separate videos on each coin in the description for further information.
- 📈 The 1919 KN penny in uncirculated condition is extremely rare and sold for £2400 in 2014.
Q & A
What type of British pennies are discussed in the video?
-The video discusses old pre-decimal British pennies that are no longer in circulation.
What is the significance of the 1946 penny mentioned in the video?
-The 1946 penny is significant because it was minted during the reign of King George VI, the grandfather of King Charles and father of Queen Elizabeth II. A rare error variant known as the 'one dot error' is also discussed, which increases its collectible value.
What is the one dot error on the 1946 penny?
-The one dot error on the 1946 penny refers to a small dot appearing after the 'e' in the word 'one' on the coin. This error makes the coin more valuable to collectors.
How much value can the one dot error 1946 penny have in excellent condition?
-In extremely fine condition, a one dot error 1946 penny has sold for as much as 340 pounds.
Which king's reign is the 1909 penny from?
-The 1909 penny is from the reign of King Edward VII, who was the son of Queen Victoria.
What is the unique feature of the 1909 penny that makes it a 'dot coin'?
-The 1909 'dot coin' has a unique feature where there is a dot or full stop next to the 'n' in the word 'one' on the coin.
What is the 'open three' variant on the 1903 penny?
-The 'open three' variant on the 1903 penny is characterized by the number '3' being flat at the top and not very curly at the bottom, unlike the common 'close three' version.
How much was the extremely fine condition 'open three' 1903 penny sold for in 2014?
-The extremely fine condition 'open three' 1903 penny was sold for 1,700 pounds in 2014.
What is the 'two millimeter' 1895 penny?
-The 'two millimeter' 1895 penny has a two millimeter gap between the Trident and the letter 'P' in 'Penny', making it distinct from the common version with a one millimeter gap.
What is the 'hollow neck' or 'Gobi X' variety of the 1911 penny?
-The 'hollow neck' or 'Gobi X' variety of the 1911 penny features a clear hollow or dip at the back of the king's neck on the coin's reverse side.
Which mint mark indicates the 1919 penny was produced by Frank Heaton and Son?
-The 'H' mint mark indicates that the 1919 penny was produced by Frank Heaton and Son, in addition to the 'KN' mint mark for Kings Norton Metalworks.
Outlines
🏅 Rare Pre-Decimal British Pennies and Their Errors
This paragraph discusses the collection and identification of rare pre-decimal British pennies, focusing on errors and variants that add value to the coins. The speaker introduces a 1946 penny with a one-dot error, which is collectible and can be worth up to 50 pounds in good condition. The discussion continues with a 1909 Edward VII penny with a dot next to the 'n' in 'one,' a 1903 open three penny with a flat top and bottom, an 1895 veil head penny with a two-millimeter gap, and a 1911 hollow neck penny known as the Gobi X. The speaker provides estimated values for each coin in varying conditions and mentions sales from previous years to illustrate their collectible nature.
🏅 Additional Rare Pennies and the KN Version
The second paragraph continues the exploration of rare British pennies, highlighting the 1919 George V KN (Kings Norton Metalworks) penny, which was minted to assist the Royal Mint during and after World War I. The speaker explains the scarcity of this coin, with only 683,600 minted, and its value, ranging from 20 to 30 pounds in poor condition to 2400 pounds for an extremely rare uncirculated condition. The paragraph concludes with the speaker encouraging viewers to subscribe for more information and to check the video description for links to individual videos on each coin type.
Mindmap
Keywords
💡Pre-Decimal British Pennies
💡One Dot Error
💡King George VI
💡Dot Coin
💡Open Three
💡Two Millimeter Gap
💡Veil Head
💡Hollow Neck Penny
💡KN Version
💡Collectibility
💡Mint Errors
Highlights
The discussion focuses on pre-decimal British pennies, which are no longer in circulation but are popular among collectors.
The 1946 penny minted during George VI's reign is highlighted, with nearly 67 million produced, but the standard one is worth only a few pence.
A rare error on the 1946 penny, known as the 'one dot error', is discussed, where a dot appears after the 'e' in 'one', making it more valuable.
The 1909 penny from King Edward VII's reign is mentioned, with a notable 'dot coin' error where a dot appears next to the 'n' in 'one'.
The 1903 penny features the 'open three' variant, characterized by a flat top and a less curled bottom on the number '3'.
The 1895 penny under Queen Victoria's reign is discussed, with a 'two millimeter' variant that has a larger gap between the Trident and 'P' in 'Penny'.
The 1911 penny from King George V's reign has a 'hollow neck' variant, identifiable by a dip in the back of the king's neck on the reverse side.
The 1919 penny also from King George V's reign is notable for being minted by Kings Norton Metalworks, marked by 'KN' and being scarce with only 683,600 minted.
The value of these coins varies significantly based on condition, with extremely fine examples fetching much higher prices.
Collectors are advised to look out for these errors and variants in their own collections, as they may unknowingly possess valuable coins.
The video provides a guide for collectors to identify and value these rare and errored coins, with examples of sales prices for reference.
Separate videos have been made on each of these coins for detailed examination, with links provided in the video description.
The rarity and historical significance of these coins contribute to their collectible status and potential value.
The 1946 'one dot error' penny is valued at around £50 in its current condition, but an extremely fine example sold for £340 in 2017.
The 1909 'dot coin' penny in poor condition is still worth £10-£12 due to the error, with a high-grade example selling for £450 in 2020.
The 'open three' 1903 penny is hard to find in high grade, with a common example worth around £30 and an extremely fine one selling for £1,700 in 2014.
The 'two millimeter' 1895 penny is relatively easy to find, with a high-grade example selling for £440 in 2018.
The 'hollow neck' 1911 penny is becoming more collectible, with an example in good condition expected to fetch £60-£70, and an extremely fine one selling for £450 in 2014.
The 1919 'KN' version penny is extremely rare, with an uncirculated condition example selling for £2,400 in 2014.
Transcripts
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