Elite: fewer than 10,000 minted. Rarely sells: 2 verified sales in the last 12 months.
1 Penny - George V 3rd Maundy issue (1928–1936)
"Maundy penny"
| Country | United Kingdom |
| Year | 1928–1936 |
| Denomination | 1 Penny |
| Mintage | 1,846 |
| Mint | Royal Mint · Llantrisant |
| Series | Maundy Money |
| Circulation | Non-circulating |
| Composition | Silver (.500) (500/1000 fine) |
| Weight | 0.470g · 0.0076 t oz |
| Diameter | 11.0mm |
| Shape | Round |
| Obv. artist | Bertram Mackennal |
| Rev. artist | Jean Baptiste Merlen |
| Grade scale | UK (EF/UNC) |
Uncrowned portrait of King George V facing left, legend around.
Crowned denomination dividing date within oak wreath.
1 Penny - George V 3rd Maundy issue market value
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Affiliate1 Penny - George V 3rd Maundy issue price history
Daily limit reached1 Penny - George V 3rd Maundy issue 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 | |
|---|---|---|---|---|---|---|---|---|
| VF | £50.00 🔒 eBay | £50.00 (2) | – | £50.00 – £50.00 | 2 | 2 | 16-09-2026 | |
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About the 1928 1 Penny - George V 3rd Maundy issue
The 1928 1 Penny - George V 3rd Maundy issue is a collector 1 penny coin issued from 1928 to 1936 in the Maundy Money series, struck in 50% silver. It weighs 0.47g and measures 11mm across. Reverse design: Crowned denomination dividing date within oak wreath.
A mintage of 1,846 is recorded for one date of this type; figures for each year are not held.
Common questions
How much is the 1928 1 Penny - George V 3rd Maundy issue worth?
The 1928 1 Penny - George V 3rd Maundy issue has a price in one grade on MyCoinage so far: £50.00 in VF, the median of its verified sales.
What is a George V Maundy penny?
A small silver penny struck for the Royal Maundy, the Maundy Thursday service at which the sovereign gives elderly recipients a white purse of silver coins. The Royal Mint Museum explains that the purse holds as many pence as the monarch has years, made up from four coins worth one to four pence.
How many 1928 to 1936 Maundy pennies were made?
Coinstrail's catalogue gives between 1,724 and 1,975 a year for 1928 to 1935, and 1,329 for 1936, about 16,100 in all. The small numbers follow from the ceremony: coins go to recipients and those taking part, not into circulation.
Did George V hand out the Maundy money himself?
Only once. Wikipedia and Tony Clayton record that George V distributed the coins in person in 1932, the first time since the 17th century. Coins dated 1936 were given out by Edward VIII, who distributed them after his father's death.
Is a George V Maundy penny legal tender?
Technically yes. Wikipedia notes that Maundy coins are legal tender but do not circulate. The Royal Mint Museum notes that in 1971 the face values of Maundy coins changed from old to new pence, so this penny now counts as 1p.
How do I identify the 1928 1 Penny - George V 3rd Maundy issue?
Check the weight 0.47g and diameter 11mm and the metal (50% silver) against the specification table on this page. The reverse design is described above.
History and design
Maundy money is struck for the Royal Maundy, held on the day before Good Friday. The Royal Mint Museum explains that the recipients number as many men and as many women as the sovereign has years, and each receives a white purse of silver Maundy coins worth the same number of pence. The penny is the smallest of the four coins.
This third George V type covers 1928 to 1936. Coinstrail's catalogue gives 1,846 pennies for 1928 and between 1,724 and 1,975 in each year up to 1935, then 1,329 for 1936. Tony Clayton notes that since 1909 sets have been available only to recipients and those involved in the ceremony, which keeps them scarcer than Victorian sets. In 1932 George V distributed the coins in person, and Wikipedia finds no record of a monarch attending the service since 1698. In 1936, the year of his death, Edward VIII made the distribution.
The obverse carries Bertram Mackennal's bare head of George V facing left, the portrait the Royal Mint Museum credits to him for the whole reign. Clayton places a change of effigy on the Maundy coins in 1928.
The reverse is the crowned figure 1 with the date across it inside an oak wreath. Wikipedia credits this layout to Jean Baptiste Merlen in 1822, with the crown altered by Leonard Charles Wyon in 1888. The coins are .500 silver, the standard Wikipedia and Clayton give for Maundy money between the early 1920s and 1946.
Collecting notes
Clayton's tables split this catalogue type in two, with 1928 and 1929 under a modified effigy and 1930 to 1936 under a further modified obverse, so a full run has two portraits. Because Maundy coins were not made for circulation they usually survive in good condition, and Clayton notes that the four coins of a year are not always equally easy to find singly.
Maundy money is still legal tender, deemed to be in new pence since 1971, but it does not circulate. The matching 1928 to 1936 Maundy twopence completes the same sets.
Sources
The history, design, varieties and collecting notes on this page are drawn from these sources. Prices come from recorded sales, not from them.
- Penny of George V, silver coins, Coinstrail (read 10 Oct 2026)
- Royal Maundy, Wikipedia (read 10 Oct 2026)
- Maundy money, Royal Mint Museum (read 10 Oct 2026)
- George V, Royal Mint Museum (read 10 Oct 2026)
- Maundy Money, Tony Clayton, Coins of the UK (read 10 Oct 2026)
- Values of Coins of the UK, Maundy Sets, Tony Clayton, Coins of the UK (read 10 Oct 2026)
- Values of Coins of the UK, Silver Maundy Penny, Tony Clayton, Coins of the UK (read 10 Oct 2026)
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