1 Penny - George VI without 'IND:IMP' obverse
Obverse
1 Penny - George VI without 'IND:IMP' reverse
Reverse
Uncommon 💧 Sells often

Uncommon: fewer than 10,000,000 minted. Sells often: 173 verified sales in the last 12 months.

1 Penny - George VI without 'IND:IMP' (1949–1952)

CountryUK Year1949–1952 Denom1 Penny Mintage14,324,400 MintRoyal Mint MetalBronze
Verified by the MyCoinage editor · realised auction prices only · last refreshed .
Reference guide Read the 1p coin values UK guide Mintage, key dates, realised auction prices and authentication tips.
CountryUnited Kingdom
Year1949–1952
Denomination1 Penny
Mintage14,324,400
MintRoyal Mint · Llantrisant
CirculationCirculating
Demonetised1971
CompositionBronze
Weight9.450g
Diameter30.8mm
Thickness1.60mm
ShapeRound
EdgePlain
OrientationMedal alignment ↑↑
Obv. artistThomas Humphrey Paget
Rev. artistLeonard Charles Wyon
Grade scaleUK (EF/UNC)
Obverse

Uncrowned portrait of King George VI facing left, legend around.

GEORGIVS VI D:G:BR:OMN:REX FIDEI DEF.

Reverse

Seated figure of Britannia right, with trident in left hand and shield bearing the Union flag in right, sea behind with lighthouse to left, denomination above and date in exergue.

1 Penny - George VI without 'IND:IMP' market value

£19.04
▲ 5.8% 30d
Median of 34 verified VF sales, the grade that sells most often. 57 sales across 7 grades.
Grade range £19 – £55
Lowest grade Highest grade
Last sale 10 days ago View price history →

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1 Penny - George VI without 'IND:IMP' price history

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1 Penny - George VI without 'IND:IMP' value by year

1949 to 1952 · median sold prices
Year Mintage Circulated Uncirculated Sales
1949 Not recorded £2.26 £4.61 20
VF£12.50EF£28.00UNC£95.00
⭐ Pro: the 1949 coin's sales by grade, and the chart filtered to one year
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1950 Not recorded £18.00 £24.27 94
VF£12.50EF£28.00UNC£95.00
⭐ Pro: the 1950 coin's sales by grade, and the chart filtered to one year
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1951 Not recorded £38.00 £42.04 58
VF£12.50EF£28.00UNC£95.00
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1952 Not recorded £8.05 (1) £36.04 type 1
VF£12.50EF£28.00UNC£95.00
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One row for each year the 1 Penny - George VI without 'IND:IMP' 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. 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 VI without 'IND:IMP' 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
UNC £6.00 🔒 eBay £21.31 ▼40.1% £1.17 – £62.50 24 24 17-10-2026
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BU £16.00 🔒 eBay £34.73 (2) – £16.00 – £53.45 2 2 17-09-2026
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EF £40.00 🔒 eBay £34.04 – £20.43 – £42.04 7 7 06-10-2026
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VF £5.99 🔒 eBay £19.04 ▲5.8% £0.85 – £70.52 125 125 17-10-2026
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aUNC £6.52 🔒 eBay £34.40 – £6.52 – £65.00 3 3 20-08-2026
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PR-65 £40.00 🔒 eBay £55.00 ▲47.1% £15.11 – £81.82 11 11 08-10-2026
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MS-65 £42.04 🔒 eBay £42.04 (1) – £42.04 – £42.04 1 1 27-09-2026
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⭐ Pro: see all 173 dated sale records behind these medians, with source links and lot references.
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Pricing Data
7 grades · last updated 27 Oct 2026

About the 1949 1 Penny - George VI without 'IND:IMP'

The 1949 1 Penny - George VI without 'IND:IMP' is a circulating 1 penny coin issued from 1949 to 1952, 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 with lighthouse to left, denomination above and date in exergue.

A mintage of 14,324,400 is recorded for one date of this type; figures for each year are not held. It is no longer legal tender (withdrawn 1971), so its value is to collectors only.

Common questions

How much is the 1949 1 Penny - George VI without 'IND:IMP' worth?

Verified sold prices for the 1949 1 Penny - George VI without 'IND:IMP' run from £19.04 to £55.00 across 7 grades, taking the median for each grade. Condition makes the difference, so check the grade table above before pricing one.

Why is the 1951 penny scarce?

Only 120,000 were struck, according to Tony Clayton, Coin Hunter and Wikipedia, and none were needed in Britain. Wikipedia records that in 1956 three-quarters of the 1951 production was sent to Bermuda, along with the whole 1950 mintage of 240,000.

Were 1950 and 1951 pennies issued in the UK?

No. Both dates were produced only for the colonies, as Britain had enough pennies. Clayton says they were issued in the West Indies, most 1951 coins going to Bermuda, and Freeman notes that UK demand was met with 1949 pennies.

Is there a 1952 George VI penny?

Only as a single proof, believed unique. Wikipedia and Tony Clayton record that no pennies dated 1952 were issued for circulation. The King died in February 1952, and the next pennies, with Elizabeth II's portrait, are dated 1953.

Are 1950 and 1951 pennies hard to find in top condition?

Less than their mintages suggest. Clayton notes that in brilliant uncirculated condition they are not as scarce as the higher-mintage 1946 and 1949 brass threepences. The 1949 penny, at 14,324,400, is fairly common.

How do I identify the 1949 1 Penny - George VI without 'IND:IMP'?

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

After India's independence, a royal proclamation of 22 June 1948, recorded in the Gazette, removed Emperor of India from the King's titles. Pennies dated 1949 onwards therefore end their legend FIDEI DEF instead of F:D:IND:IMP.

By then Britain needed few new pennies. Wikipedia says demand fell away from January 1949 and the Royal Mint stopped making pennies that May, judging the drop permanent. The 1949 date reached 14,324,400, but the 1950 and 1951 pennies, 240,000 and 120,000 according to Clayton, Coin Hunter and Wikipedia, were made only for the colonies. Wikipedia records that in 1956 the whole 1950 mintage and three-quarters of the 1951 coins were shipped to Bermuda, where dealers later sought them out. No pennies dated 1952 were issued for circulation.

The obverse is Thomas Humphrey Paget's portrait of George VI facing left, the effigy he prepared within about a month of the abdication, with the legend GEORGIVS VI D:G:BR:OMN:REX FIDEI DEF.

The reverse keeps the Britannia set by the 1937 proclamation: seated on a rock in the sea, holding a shield and trident, with a lighthouse in the distance and ONE PENNY above. Wikipedia credits the figure to Leonard Charles Wyon's original. The edge is plain.

Varieties and errors

A single proof penny dated 1952 is known and believed unique. Clayton and Wikipedia both note it was never a circulation issue.

Collecting notes

1949 is fairly common, in Clayton's words. The 1950 and 1951 dates are the key pennies of the reign, and the 1951 date gained a following once date collecting took off in the early 1960s. Clayton notes that in brilliant uncirculated condition they are less scarce than the higher-mintage 1946 and 1949 brass threepences. Proofs of both years come from the 1950 and 1951 sets.

The penny ceased to be legal tender after 31 August 1971. The penny with IND IMP covers 1937 to 1948.

Sources

The history, design, varieties and collecting notes on this page are drawn from these sources. Prices come from recorded sales, not from them.

  1. Coin values by year, George VI (year pages 1949 to 1952, read one by one), Coin Hunter (read 10 Oct 2026)
  2. Succession to the Crown: King George VI, The Gazette (read 10 Oct 2026)
  3. History of the British penny (1901 to 1970), Wikipedia (read 10 Oct 2026)
  4. Penny (British pre-decimal coin), Wikipedia (read 10 Oct 2026)
  5. Proclamation giving currency to a new threepenny piece and determining new designs for gold, silver and bronze coins (London Gazette issue 34381), The Gazette (read 10 Oct 2026)
  6. Humphrey Paget, Royal Mint Museum (read 10 Oct 2026)
  7. The Penny, Tony Clayton, Coins of the UK (read 10 Oct 2026)
  8. UK Coins of George VI, Tony Clayton, Coins of the UK (read 10 Oct 2026)
  9. Decimalisation, Royal Mint Museum (read 10 Oct 2026)
  10. Great Britain 1951 penny, CoinVarieties (read 10 Oct 2026)

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