BRITISH ONE PENNY COIN

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:''For the pre-decimal British one penny coin, see British One Penny coin (pre-decimal). For silver pennies produced after 1820 see Maundy money.''
The British decimal 'one penny (1p)' coin, produced by the Royal Mint, was issued on 15 February 1971, the day the British currency was decimalised.[1] In practice, it had been available from banks in bags of £1 for some weeks previously. The coin, known at first as a "new penny", was initially minted from bronze, but since 1992 it has been minted in copper-plated steel.[2]
As this is less dense than bronze, post-1992 coins have been slightly thicker, as well as becoming magnetic. The coin weighs 3.56 grams and has a diameter of 20.32 millimetres.[3]
One penny and two pence coins are legal tender only up to the sum of 20p; this means that it is permissible to refuse payment of sums greater than this amount in one and two pence coins in order to settle a debt.[4]

Contents
Design
1971–1984
1985–1997
1998 - 2007
See also
References
External links

Design


The reverse of the coin, designed by Christopher Ironside, is a crowned portcullis with chains (an
adaptation of the Badge of Henry VII which is now the Badge of the Palace of Westminster),2 with the numeral "1" written below the portcullis, and either NEW PENNY (1971–1981) or ONE PENNY (1982–present) above the portcullis.2
To date, three different obverses have been used. In all cases, the inscription is ELIZABETH II D.G.REG.F.D. year.3 Both sides of the coin are encircled by dots.
1971–1984


1980: Arnold Machin
Between 1971 and 1984 the head of Queen Elizabeth II by Arnold Machin was used,2 in which the Queen wears the 'Girls of Great Britain and Ireland' Tiara.The words NEW PENNY were used up until 1981. From 1982 the inscription changed to ONE PENNY.This version was minted in bronze

1985–1997


1993: Raphael Maklouf
Between 1985 and 1997 the head by Raphael Maklouf was used,2 in which the Queen wears the George IV State Diadem.This version was minted in bronze until 1992. From 1992 copper plated steel has been used.

1998 - 2007


2000: Ian Rank-Broadley
Since 1998 the head by Ian Rank-Broadley has been used,2 again featuring the tiara, with a signature-mark IRB below the portrait.

In April 2007 the BBC reported that the coin was being redesigned to reflect "modern Britain", with an announcement expected from the Royal Mint later this year.[5]

See also



History of the British penny (1714-1901)

History of the British penny (1901-1970)

References


1. Post decimalisation
2. 1p Coin
3. Decimal Coins of the UK - Bronze
4. Decimal Coins of the UK - The Change to Decimal Coinage
5. "The coin that lost our interest", BBC News, 25 April 2007


★ ''Coincraft's Standard Catalogue English & UK Coins 1066 to Date'', Richard Lobel, Coincraft. ISBN 0-9526228-8-2

External links



Royal Mint – 1p coin

British Penny Pictures

Coins of the UK - Decimal One Penny on www.coins-of-the-uk.co.uk

Pictures of Coins of the UK - Decimal One Penny on www.ukcoinpics.co.uk


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