1945 BRITISH PENNY

COINAHOLICS AUTONOMOUS
3 Jul 202207:38
EducationalLearning
32 Likes 10 Comments

TLDRIn this video, Todd introduces viewers to the 1945 British one penny coin, made of bronze and designed by Charles Coombs. Minted in London, it features King George VI on the obverse and Britannia with a lighthouse on the reverse. Despite its high mintage of 79 million coins, only a few have been graded, with the highest being a Mint State 65 red-brown. A single sale in 2020 saw such a coin go for $55. Todd advises viewers to keep an eye out for this coin, as encapsulating it could more than double its value.

Takeaways
  • 🏅 The 1945 British one penny coin is made of bronze and has a diameter of 30.8 millimeters.
  • 🎨 Designed by Charles Coombs, the coin was minted in London, England.
  • 📈 It has a mintage of 79 million, 531,200 coins, indicating its widespread production.
  • 🏅 The coin weighs 9.45 grams and has a thickness of 1.6 millimeters.
  • 💰 Only two of these coins have been graded at PCGS, with the highest grade being Mint State 65.
  • 💸 A single sale record from 2020 shows that a Mint State 65 coin sold for $55.
  • 🔍 Registry owners are interested in this coin, suggesting potential value for collectors.
  • 👑 The obverse side features King George VI with the inscription 'GEORGE VI DG BR OMN REX FID DEF IN IMP'.
  • 🛡️ The reverse side depicts Britannia with a lighthouse, holding a trident and a shield with the Union Flag.
  • 🎨 The coin's detail is remarkably preserved, with minimal wear and tear, especially in the high points like the hair.
  • 📈 The coin's potential grade could be around MS65, but the detail and condition suggest it may be closer to a higher grade.
Q & A

  • What is the main topic of the video?

    -The main topic of the video is the 1945 British one penny coin.

  • What was the metal composition of the 1945 British one penny coin?

    -The 1945 British one penny coin was made of bronze.

  • Who designed the 1945 British one penny coin?

    -Charles Coombs was the creator of the 1945 British one penny coin.

  • What is the diameter of the 1945 British one penny coin?

    -The diameter of the 1945 British one penny coin is 30.8 millimeters.

  • Where was the 1945 British one penny coin minted?

    -The coin was minted in London, England.

  • What is the weight of the 1945 British one penny coin?

    -The weight of the 1945 British one penny coin is 9.45 grams.

  • How many of the 1945 British one penny coins were minted?

    -79 million 531,200 coins of the 1945 British one penny were minted.

  • What is the highest grade for the 1945 British one penny coin according to PCGS?

    -The highest grade for the 1945 British one penny coin according to PCGS is Mint State 65, which is red-brown.

  • How much did a Mint State 65 1945 British one penny coin sell for in 2020?

    -A Mint State 65 1945 British one penny coin sold for $55 in 2020.

  • What does the inscription on the obverse of the coin mean?

    -The inscription on the obverse, 'GEORGE VI DG BR OMN REX FID DEF IN IMP', means 'George the Sixth, by the grace of God, King of the Britons, Emperor of India'.

  • What is depicted on the reverse of the 1945 British one penny coin?

    -The reverse of the coin features Britannia sitting on a rock, holding a trident in her left hand and a shield with the Union Flag in her right hand, with a lighthouse on the left side.

  • What can the detail on the coin indicate about its circulation?

    -The detailed preservation, such as the hair on the obverse and the facial gear, robe, and lighthouse on the reverse, suggests that the coin has not circulated much.

Outlines
00:00
🏅 Introduction to the 1945 British Penny

This paragraph introduces the 1945 British one penny coin, highlighting its specifications and historical context. The coin is made of bronze, with a thickness of 1.6 millimeters, a diameter of 30.8 millimeters, and a weight of 9.45 grams. Designed by Charles Coombs, it was minted in London and had a mintage of 79 million, 531,200 coins. The speaker notes the rarity of graded coins, with only two graded at PCGS, and the highest being a minimum state 65 red-brown. A single sale in 2020 for a mint state 65 coin is mentioned, which sold for $55. The speaker advises registry owners to keep their coins encapsulated for potential value increase.

05:00
🗺️ Obverse and Reverse Features of the 1945 Penny

The second paragraph delves into the design details of the 1945 British penny. On the obverse, the inscription 'GEORGE VI D.G. BR. OMN. REX F.D. IN IMP.' is discussed, which translates to 'George the Sixth, by the Grace of God, King of the Britons.' The speaker praises the coin's high quality, noting the minimal wear and good detail, particularly in the hair, which is typically the first area to degrade. The reverse side features Britannia with a lighthouse, sitting on a rock, holding a trident and a shield with the Union Flag. The detail on the coin is described as excellent, and the speaker speculates on the coin's potential grading, suggesting it might be around a 65 red-brown. The speaker concludes by reiterating the coin's detailed design, indicating minimal circulation.

Mindmap
Keywords
💡Coin Collecting
Coin collecting, also known as numismatics, is the hobby of assembling and storing coins, paper money, tokens, and medals. In the context of the video, it refers to the specific focus on locating and examining older British coins, particularly the 1945 British one penny.
💡1945 British One Penny
The 1945 British one penny is a specific coin minted in the year 1945 in the United Kingdom. It is made of bronze, has a diameter of 30.8 millimeters, and was designed by Charles Coombs. This coin is the central subject of the video, with the speaker providing detailed information about its characteristics and history.
💡Charles Coombs
Charles Coombs was a sculptor and medallist who is known for designing the reverse of the British one penny, among other coins. In the video, he is credited as the creator of the design for the 1945 British one penny coin, which features Britannia and is a key element in the discussion of the coin's history and value.
💡Mintage
Mintage refers to the number of coins that have been produced by a mint. In the context of the video, the mintage of the 1945 British one penny is mentioned as 79 million, 531,200 coins, indicating the large quantity that was struck, which can affect the coin's rarity and value.
💡PCGS
PCGS, or Professional Coin Grading Service, is a third-party organization that grades and authenticates coins. In the video, it is mentioned that only a couple of the 1945 British one penny coins have been graded by PCGS, with the highest grade being Mint State 65 Red-Brown, which is not considered a high grade.
💡Mint State 65 Red-Brown
Mint State 65 Red-Brown refers to a specific grade assigned by coin grading services like PCGS, indicating the coin's condition. A Mint State 65 coin is in uncirculated condition with only minor imperfections, and 'Red-Brown' describes the toning of the coin. In the video, this grade is mentioned as the highest achieved by the 1945 British one penny, suggesting its relative commonness and potential value.
💡Financials
In the context of the video, 'financials' refers to the monetary aspects and value of the coin, including sales history and potential profit for collectors. The speaker discusses the financial aspects of the 1945 British one penny, noting a single sale in 2020 and the potential for collectors to double their investment by having the coin encapsulated and graded.
💡Obverse
The obverse of a coin is the front side, typically featuring the portrait of a prominent figure, often a monarch or national symbol. In the video, the obverse of the 1945 British one penny is described as having the portrait of King George VI and inscriptions indicating his title and reign.
💡Reverse
The reverse of a coin is the opposite side of the obverse, often featuring national symbols, landmarks, or other significant imagery. In the video, the reverse of the 1945 British one penny is highlighted for its depiction of Britannia, a female personification of Britain, along with a lighthouse and the Union Flag on a shield.
💡Britannia
Britannia is a symbol representing the United Kingdom, often depicted as a goddess wearing a helmet and carrying a trident and a shield with the Union Flag. In the video, Britannia is featured on the reverse of the 1945 British one penny, sitting on a rock and holding these symbolic items, which are important elements of British national identity.
💡Collectors
Collectors in this context are individuals who gather and potentially invest in coins, often seeking rare or historically significant pieces. The video addresses collectors directly, providing information about the 1945 British one penny that could be valuable for their collections.
Highlights

The 1945 British one penny coin is discussed in detail.

The coin's metal composition is bronze.

The coin has a thickness of 1.6 millimeters.

The creator of the coin design was Charles Coombs.

The coin's diameter measures 30.8 millimeters.

Minted in London, England.

The coin weighs 9.45 grams.

A mintage of 79 million 531,200 coins were produced.

Only two of these coins have been graded at PCGS.

The highest graded coin is a minimum state 65 red-brown.

A single sale of the coin in 2020 for $55.

Registry owners are looking for this coin.

The obverse side features King George VI with the inscription 'GEORGE VI DG BR OMN REX FID DEF IN IMP'.

The reverse side depicts Britannia with a lighthouse, a trident, and a shield with the Union Flag.

The coin's detail is quite high, with very few dings and good fields.

The coin's potential grade might be around 65, but it could also be red-brown or not.

The coin's detail, including the helmet, facial gear, and robe, is well-preserved.

Transcripts

Browse More Related Video

1906 United Kingdom One Penny Predecimal Coin • Values, Information, Mintage, History, and More

British - King Edward VII - 1908 - One Penny - Bronze - Circulated - Coin World UK

1854 CANADA HALF PENNYY

Your 1937 Penny Worth Millions | Rare Penny Coins Worth a lot of Money - Pennies worth money

Top 25 Rare British Coins Worth More Than Their Face Value

1942 and 1943 australian pennys

Rate This

5.0 / 5 (0 votes)

Thanks for rating:

Related Tags
BritishCoins1945HistoryCharlesCoombsBronzeCompositionRareCoinsMintageDetailsNumismaticValueDesignAnalysisGeorgianMonarchyBritanniaSymbol