Common: 10,000,000 or more minted. Sells often: 235 verified sales in the last 12 months.
1 Penny - George V (1911–1926)
| Country | United Kingdom |
| Year | 1911–1926 |
| Denomination | 1 Penny |
| Mintage by year |
Scarcest year: 2,573,000 struck
|
| Mint | Royal Mint · Llantrisant |
| Circulation | Circulating |
| Demonetised | 1971 |
| Composition | Bronze |
| Weight | 9.450g |
| Diameter | 30.8mm |
| Thickness | 1.60mm |
| Shape | Round |
| Edge | Plain |
| Orientation | Medal alignment ↑↑ |
| Obv. artist | Bertram Mackennal, Edgar Bertram MacKennal |
| Rev. artist | Leonard Charles Wyon |
| Grade scale | UK (EF/UNC) |
| Tags | Armour Sea Allegory Cold weapons |
Uncrowned portrait of King George V facing left, legend around.
GEORGIVS V DEI GRA: BRITT: OMN: REX FID: DEF: IND: IMP:
Seated figure of Britannia right, with trident in left hand and shield bearing the Union flag in right, sea behind, denomination above and date in exergue.
ONE PENNY
1 Penny - George V market value
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Affiliate1 Penny - George V price history
Daily limit reached1 Penny - George V value by year
1911 to 1926 · median sold prices| Year | Mintage | Circulated | Uncirculated | Sales | |
|---|---|---|---|---|---|
| 1911 | 23,079,100 | £25.02 | £38.00 | 65 | |
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VF£12.50EF£28.00UNC£95.00
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| 1912 | 16,800,000 | £3.76 | £100.00 | 49 | |
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VF£12.50EF£28.00UNC£95.00
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| 1913 | 65,497,800 | £2.24 | £70.00 type | 17 | |
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VF£12.50EF£28.00UNC£95.00
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| 1914 | 50,820,900 | £1.97 | £70.00 type | 15 | |
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VF£12.50EF£28.00UNC£95.00
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| 1915 | 47,310,800 | £2.98 type | £70.00 type | ||
| 1916 | 86,411,100 | £1.89 | £31.90 (1) | 15 | |
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VF£12.50EF£28.00UNC£95.00
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| 1917 | 107,905,400 | £3.39 | £38.00 (1) | 14 | |
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VF£12.50EF£28.00UNC£95.00
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| 1918 scarcest | 2,573,000 | £1.97 | £380.00 (2) | 21 | |
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VF£12.50EF£28.00UNC£95.00
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| 1919 | 4,526,000 | £2.51 | £70.00 type | 55 | |
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VF£12.50EF£28.00UNC£95.00
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| 1920 | 124,693,400 | £2.77 | £0.36 (1) | 10 | |
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VF£12.50EF£28.00UNC£95.00
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| 1921 | 129,717,600 | £3.00 | £19.87 (2) | 42 | |
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VF£12.50EF£28.00UNC£95.00
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| 1922 | 16,346,700 | £2.98 type | £70.00 type | ||
| 1926 | 4,498,500 | £2.98 type | £70.00 type | ||
One row for each year the 1 Penny - George V was struck. Prices are medians of verified sold listings matched to that year from the listing: circulated is worn condition up to Extremely Fine, uncirculated is About Uncirculated or better. A count in brackets means fewer than three sales behind the figure; a grey figure marked "type" is the median across every year, shown where that year has no sale of its own yet; years with no sales yet fill in as sales are recorded. Most types have been searched year by year only since October 2026, so later years are still filling in. Use the grade table below for a price by condition across all years.
1 Penny - George V value by grade
Realised auction prices · ⭐ Pro Expand rows for individual sale records| Grade | Latest | Median | 30d Δ | All-time range | Sales (1yr) | Total sales | Last sale | |
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| FDC | £120.00 🔒 | £120.00 (1) | – | £120.00 – £120.00 | 0 | 1 | 09-06-2009 | |
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| UNC | £10.00 🔒 eBay | £31.90 | – | £10.00 – £750.00 | 10 | 49 | 02-10-2026 | |
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| EF | £2.94 🔒 eBay | £13.48 | – | £2.94 – £176.80 | 6 | 11 | 01-10-2026 | |
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| VF | £1.17 🔒 eBay | £2.24 | ▼8.8% | £0.19 – £650.00 | 204 | 209 | 16-10-2026 | |
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| F | £5.85 🔒 eBay | £8.99 | – | £5.85 – £140.00 | 3 | 6 | 22-09-2026 | |
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| VG | £1.81 🔒 eBay | £28.00 | – | £1.81 – £80.00 | 2 | 11 | 26-09-2026 | |
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| G | £24.00 🔒 | £24.00 (1) | – | £24.00 – £24.00 | 1 | 1 | 07-03-2026 | |
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| AU-67 | £30,100.00 🔒 | £30,100.00 (1) | – | £30,100.00 – £30,100.00 | 1 | 1 | 04-07-2026 | |
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| aUNC | £38.00 🔒 eBay | £18.56 | – | £2.23 – £38.00 | 4 | 4 | 10-10-2026 | |
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| Fair | £0.36 🔒 eBay | £0.36 (1) | – | £0.36 – £0.36 | 1 | 1 | 01-10-2026 | |
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| MS-63 | £66.00 🔒 eBay | £60.09 | – | £43.86 – £75.00 | 2 | 4 | 27-09-2026 | |
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| MS-64 | £120.00 🔒 | £120.00 (1) | – | £120.00 – £120.00 | 0 | 1 | 18-03-2018 | |
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| MS-65 | £226.47 🔒 | £226.47 | – | £220.00 – £434.06 | 1 | 3 | 04-05-2026 | |
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| PR-64 | £90.00 🔒 | £90.00 (1) | – | £90.00 – £90.00 | 0 | 1 | 03-04-2025 | |
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About the 1911 1 Penny - George V
The 1911 1 Penny - George V is a circulating 1 penny coin issued from 1911 to 1926, struck in bronze. It weighs 9.45g and measures 30.8mm across. Reverse design: Seated figure of Britannia right, with trident in left hand and shield bearing the Union flag in right, sea behind, denomination above and date in exergue.
Mintage figures are recorded for 13 years between 1911 and 1926, 680,180,300 coins in all. 1918 is the scarcest date, with 2,573,000 struck. It is no longer legal tender (withdrawn 1971), so its value is to collectors only.
Common questions
How much is the 1911 1 Penny - George V worth?
Verified sold prices for the 1911 1 Penny - George V run from £0.36 to £30,100 across 14 grades, taking the median for each grade. Condition makes the difference, so check the grade table above before pricing one.
What do the H and KN on a George V penny mean?
They are mint marks for two Birmingham firms that struck pennies alongside the Royal Mint: H for the Heaton Mint (1912, 1918, 1919) and KN for the Kings Norton Metal Company (1918, 1919). The letters sit to the left of the date. Tony Clayton says KN coins are scarcer than H.
Why were no pennies dated 1923 to 1925?
There was no demand. Wikipedia records that the interwar years brought alternating gluts and shortages of pennies, and Clayton adds that the pause was used to work on ghosting, the faint image of the King's head that showed through on the reverse.
Is the 1926 penny rare?
It is the lowest date of the type, with 4,498,519 struck in Coin Hunter's and Wikipedia's figures, a total that includes the new modified effigy. Clayton calls the 1926 penny scarce, particularly with the modified head, and gives a rim-tooth test to tell the two apart.
What is ghosting on a George V penny?
A faint outline of the King's portrait visible on the reverse. Clayton explains that the deep relief of the head made metal flow unevenly in striking. It is a known fault of the type, not an error, and led to a change of alloy and to the modified portraits of 1926 and 1928.
When did the George V penny stop being legal tender?
After 31 August 1971. The Royal Mint Museum records that the transitional period following Decimal Day on 15 February 1971 ended on that date, months ahead of schedule, and Wikipedia confirms the old penny ceased to be legal tender then.
How do I identify the 1911 1 Penny - George V?
Check the weight 9.45g and diameter 30.8mm and the metal (bronze) against the specification table on this page. The reverse design is described above.
History and design
The George V penny was made current by the proclamation of 28 November 1910, effective 1 January 1911. Wikipedia explains that the post of Engraver had lapsed, so the King's portrait was chosen by competition, won by the sculptor Bertram Mackennal.
Demand for pennies was intense. Wikipedia records that the National Insurance Act of 1911, the war and the spread of slot machines all drew on small change, and in 1912, 1918 and 1919 two Birmingham firms struck pennies alongside the Royal Mint: the Heaton Mint, marked H, and in 1918 and 1919 the Kings Norton Metal Company, marked KN. London output peaked at 129,717,693 in 1921 in Coin Hunter's figures. The 1912 H run was 16,800,000; published figures for the 1918 and 1919 H and KN coins disagree.
No pennies were struck dated 1923 to 1925. Clayton records that the time was used to tackle ghosting and that the alloy was softened to 95.5 percent copper, 3 percent tin and 1.5 percent zinc. Striking resumed in 1926, when 4,498,519 pennies were made, partly with a modified portrait.
The obverse is Mackennal's bare head of the King facing left, with GEORGIVS V DEI GRA: BRITT: OMN: REX FID: DEF: IND: IMP: and his initials B M on the truncation. The proclamation describes Britannia seated on a rock surrounded by the sea, her right hand holding a shield resting against the rock and her left grasping a trident, with ONE PENNY and the date and a plain edge. The Britannia is Leonard Charles Wyon's, simplified by George William de Saulles in 1895.
Varieties and errors
Clayton records two obverses and two reverses for 1913 in all four pairings, a rare 1922 penny with a reverse close to the 1927 design, and a rim-tooth test separating the 1926 first head from the modified effigy. Ghosting is a fault of the design, not an error.
Collecting notes
The KN coins are scarcer than the H and, Clayton notes, hard to find above very fine; he also finds the 1912 H easier to obtain than the 1912 London coin because collectors saved it. The old penny ceased to be legal tender after 31 August 1971. The modified effigy penny and the smaller portrait penny followed.
Sources
The history, design, varieties and collecting notes on this page are drawn from these sources. Prices come from recorded sales, not from them.
- Proclamation determining new designs for gold and bronze coins (London Gazette issue 28442, 29 November 1910, page 8941), The Gazette (read 10 Oct 2026)
- Initials on British coins, TreasureRealm (read 10 Oct 2026)
- Great Britain 1922 penny, CoinVarieties (read 10 Oct 2026)
- Great Britain 1926 penny KM-810, CoinVarieties (read 10 Oct 2026)
- History of the British penny (1901 to 1970), Wikipedia (read 10 Oct 2026)
- Penny (British pre-decimal coin), Wikipedia (read 10 Oct 2026)
- Coin values by year, George V (year pages 1911 to 1926, read one by one), Coin Hunter (read 10 Oct 2026)
- Decimalisation, Royal Mint Museum (read 10 Oct 2026)
- The Penny, Tony Clayton, Coins of the UK (read 10 Oct 2026)
- Great Britain 1912-H penny, CoinVarieties (read 10 Oct 2026)
- Great Britain 1918-H penny and 1918-KN penny (two pages), CoinVarieties (read 10 Oct 2026)
- Great Britain 1919-H penny and 1919-KN penny (two pages), CoinVarieties (read 10 Oct 2026)