1940 Great Britain 1 Penny - George VI ***VERY RARE***

Description: 1940 Great Britain 1 Penny - George VI ***VERY RARE***The inscription reads "GEORGIVS VI D G BR OMN REX", which translates from Latin as "George VI, by the grace of God, King of all British territories", and then on the other side "FID DEF IND IMP" meaning "Defender of the Faith, Emperor of India". 1940 Penny Bare head pennies were issued for George VI from 1937 to 1952. The obverse design is the same for all dates, bare head, facing left. Obverse Bare Head, George VI facing left GEORGIVS VI DG BR OMN REX FD IND IMP Reverse: The reverse features Britannia, seated left, holding a trident. The British penny (1⁄240 of a pound sterling), a large, pre-decimal coin which continued the series of pennies which began in about the year 700,[1] was struck intermittently during the 20th century until its withdrawal from circulation after 1970. From 1901 to 1970, the obverse ("heads" side) of the bronze coin depicted the monarch who was reigning at the start of the year. The reverse, which featured an image of Britannia seated with shield, trident, and helm, was created by Leonard Charles Wyon based on an earlier design by his father, William Wyon. The coins were also used in British colonies and dominions that had not issued their own coins.In 1895 the design on the reverse was modified by the Engraver of the Royal Mint George William de Saulles and after Queen Victoria's death in 1901, de Saulles was called upon to create a design for the obverse which would feature Edward VII. This feature appeared on the version of the penny which went into circulation in 1902, and it remained in circulation until the year of Edward's death, 1910. An obverse version of the penny designed by Sir Bertram Mackennal and depicting George V went into circulation in 1911, and it remained in circulation with some modifications until the year of the king's death, 1936. No new pennies were produced for commerce in 1933, because a sufficient number were already in circulation, but at least seven were struck that year, mostly for placement beneath foundation stones and in museums; today they are valuable. Edward VIII's short reign is only represented by a single pattern coin, dated 1937. That year, a new obverse design by Humphrey Paget which depicted George VI went into use. From 1941 to 1943, during the Second World War, pennies were only struck for the colonies; these are all dated 1940 which was the most recent year of production in the United Kingdom. After the war, demand for the penny began to diminish. Most of the 1950 and 1951 pieces were sent to Bermuda, where many of them were retrieved from circulation and repatriated by British coin dealers because of their relative scarcity.PCGS has one selling for $650.00...buy this one now while it lasts!

Price: 50 USD

Location: South Windsor, Connecticut

End Time: 2024-12-23T23:29:40.000Z

Shipping Cost: 1.29 USD