1 Penny - Victoria 2nd portrait; 2nd type obverse
Obverse
1 Penny - Victoria 2nd portrait; 2nd type reverse
Reverse
Common 💧 Sells often

Common: 10,000,000 or more minted. Sells often: 194 verified sales in the last 12 months.

1 Penny - Victoria 2nd portrait 2nd type (1874–1894)

"Bun penny"

CountryUK Year1874–1894 Denom1 Penny Mintage12,288,105 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
Year1874–1894
Denomination1 Penny
Mintage by year
  • 187510,691,000
  • 187611,075,000
  • 18779,625,000
  • 18782,764,000
  • 18797,666,000
  • 18803,001,000
  • 18813,763,000
  • 18827,526,000
  • 18836,237,000
  • 188411,703,000
  • 18857,146,000
  • 18866,088,000
  • 18875,315,000
  • 18885,125,000
  • 188912,560,000
  • 189015,331,000
  • 189117,886,000
  • 189210,502,000
  • 18938,162,000
  • 18943,883,000
Scarcest year: 2,764,000 struck
MintRoyal Mint · Llantrisant
CirculationCirculating
Demonetised1971
CompositionBronze
Weight9.450g
Diameter30.8mm
Thickness1.60mm
ShapeRound
EdgePlain
OrientationMedal alignment ↑↑
Obv. artistLeonard Charles Wyon
Rev. artistLeonard Charles Wyon
Grade scaleUK (EF/UNC)
Tags Armour Lighthouse Sea Boat or watercraft Allegory Cold weapons
Obverse

Second laureate portrait ('Bun Head') of Queen Victoria facing left, legend around.

VICTORIA D: G: BRITT: REG: F: D:

Reverse

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

ONE PENNY

2nd type 1p market value

£5.45
▲ 64.7% 30d
Median of 45 verified VF sales, the grade that sells most often. 66 sales across 10 grades.
Grade range £5 – £211
Lowest grade Highest grade
Last sale 10 days ago View price history →

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2nd type 1p price history

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2nd type 1p value by year

1874 to 1894 · median sold prices
Year Mintage Circulated Uncirculated Sales
1874 Not recorded £15.45 £205.00 129
VF£12.50EF£28.00UNC£95.00
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1875 10,691,000 £5.43 £200.00 type 18
VF£12.50EF£28.00UNC£95.00
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1876 11,075,000 £4.96 £135.00 (1) 13
VF£12.50EF£28.00UNC£95.00
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1877 9,625,000 £5.45 type £200.00 type
1878 scarcest 2,764,000 £5.45 type £200.00 type
1879 7,666,000 £5.45 type £200.00 type
1880 3,001,000 £5.45 type £200.00 type
1881 3,763,000 £5.45 type £200.00 type
1882 7,526,000 £5.45 type £200.00 type
1883 6,237,000 £5.45 type £200.00 type
1884 11,703,000 £2.12 £200.00 type 14
VF£12.50EF£28.00UNC£95.00
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1885 7,146,000 £5.45 type £200.00 type
1886 6,088,000 £5.45 type £200.00 type
1887 5,315,000 £5.45 type £200.00 type
1888 5,125,000 £5.45 type £200.00 type
1889 12,560,000 £2.72 £200.00 type 45
VF£12.50EF£28.00UNC£95.00
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1890 15,331,000 £4.40 £52.88 (1) 17
VF£12.50EF£28.00UNC£95.00
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1891 17,886,000 £1.89 £200.00 type 16
VF£12.50EF£28.00UNC£95.00
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1892 10,502,000 £5.45 type £200.00 type
1893 8,162,000 £5.45 type £200.00 type
1894 3,883,000 £5.45 type £200.00 type

One row for each year the 1 Penny - Victoria 2nd portrait – 2nd type 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.

2nd type 1p 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 £135.00 🔒 eBay £157.50 – £120.00 – £420.00 1 26 04-10-2026
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EF £50.00 🔒 £52.50 – £50.00 – £300.00 2 9 08-03-2026
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VF £1.47 🔒 eBay £5.45 ▲64.7% £0.30 – £1,358.80 179 194 17-10-2026
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F £4.38 🔒 eBay £7.59 – £0.99 – £65.00 5 10 12-10-2026
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VG £11.00 🔒 £11.00 (1) – £11.00 – £170.00 0 2 05-12-2021
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G £95.00 🔒 £95.00 (1) – £95.00 – £95.00 1 1 07-12-2025
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AU-58 £196.27 🔒 £196.27 (1) – £196.27 – £196.27 1 1 11-05-2026
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MS-62 £52.88 🔒 eBay £113.23 – £52.88 – £317.05 3 4 07-09-2026
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MS-63 £166.08 🔒 £166.08 (1) – £166.08 – £170.00 1 2 11-05-2026
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MS-64 £181.17 🔒 £210.59 (2) – £181.17 – £240.00 1 2 11-05-2026
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PR-65 £550.00 🔒 £550.00 (1) – £550.00 – £550.00 0 1 01-12-2013
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Pricing Data
11 grades · last updated 27 Oct 2026

About the 1874 1 Penny - Victoria – 2nd type

The 1874 1 Penny - Victoria – 2nd type is a circulating 1 penny coin issued from 1874 to 1894, 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 on left and ship on right, denomination above and date in exergue.

Mintage figures are recorded for 20 years between 1875 and 1894, 166,049,000 coins in all. 1878 is the scarcest date, with 2,764,000 struck. It is no longer legal tender (withdrawn 1971), so its value is to collectors only.

Common questions

How much is the 1874 1 Penny - Victoria – 2nd type worth?

Verified sold prices for the 1874 1 Penny - Victoria – 2nd type run from £5.45 to £550 across 11 grades, taking the median for each grade. Condition makes the difference, so check the grade table above before pricing one.

How can I tell a genuine 1882 penny without H?

Tony Clayton, passing on a specialist's notes, says the genuine no H coin has a flat rather than convex shield, a separation between the R and I of BRITT, and a tuft of hair left of the ribbon knot. Most apparent no H pennies are worn 1882 H coins.

What does the H on a Victorian penny mean?

It shows the coin was struck by Ralph Heaton and Sons in Birmingham rather than the Royal Mint in London. The H appears below the date on pennies of 1874, 1875, 1876, 1881 and 1882, the years Heaton's held contracts, including 1882 when the Royal Mint was being rebuilt.

Which late bun penny has the lowest mintage?

The 1875 H, with 752,640 struck according to Coin Hunter and Wikipedia. Among London dates the lowest are 1881 (2,302,362) and 1878 (2,764,470). The 1882 penny without H has no published figure but is much rarer than any of them.

Why does the Jubilee head not appear on bronze pennies?

When Boehm's Jubilee portrait went onto the gold and silver in 1887, the bronze was left alone because, Wikipedia records, there was a large surplus of bronze coins. The bun head continued until 1894 and was replaced by the Old Head in 1895.

Is a Victorian bun penny still legal tender?

No. All pre-decimal pennies ceased to be legal tender after 31 August 1971, six months after Decimal Day. Before then bun pennies were still turning up in change, more than a century after the type was introduced.

How do I identify the 1874 1 Penny - Victoria – 2nd type?

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

By 1874 the bun penny had been in production for 14 years, and the Mint gave Wyon's portrait an older look to keep pace with the Queen's age. Tony Clayton describes the new obverse as having a thicker neck, an aquiline nose and a fuller wreath. Both the earlier and the new portrait were used during 1874.

Heaton's of Birmingham struck pennies under contract in 1874 to 1876 and again in 1881 and 1882, marking them with an H below the date. Wikipedia notes that in 1882, while the Royal Mint was stopped for a complete rebuild, Heaton's struck 50 tonnes of bronze coin under contract. When Boehm's Jubilee portrait reached the gold and silver in 1887 the bronze was left unchanged because of a large surplus of bronze coin, and the bun head ran on to 1894. Annual output ranged from 752,640 (1875 H) to 17,885,961 (1891) in Coin Hunter's figures.

The obverse keeps Leonard Charles Wyon's laureate bun head with the legend VICTORIA D: G: BRITT: REG: F: D:, but from 1874 the bust is older. Clayton's die list shows a further aged portrait (obverses 7 and 8) appearing from 1881, with the hair across the temple almost straight on the last version.

Wyon's reverse continues: Britannia seated with trident and shield, a lighthouse behind her and a ship ahead, ONE PENNY around and the date in the exergue. From 1881 Clayton records reverses on which the Union flag on the shield is heraldically coloured, shown by engraved lines.

Varieties and errors

The 1882 penny without H is the major rarity of the type. Clayton also lists two date settings for 1875 (the narrow slightly scarcer), an 1889 obverse with 14 leaves in the wreath, and an 1893 3 over 2. Many minor die pairings exist; Clayton's die list covers them.

Collecting notes

Check the space below the date carefully on any 1882 coin. Clayton warns that wear can remove the H, and gives the shield shape, the BRITT lettering and the hair by the ribbon as ways to separate the two. The 1875 H is the lowest recorded issue of the type.

These pennies circulated until decimalisation, so most are well worn. The earlier bun penny of 1860 to 1874 has the younger portrait, and the Old Head penny replaced this type in 1895.

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. History of the British penny (1714 to 1901), Wikipedia (read 10 Oct 2026)
  2. Coin values by year, 1874 to 1894 (year pages read one by one), Coin Hunter (read 10 Oct 2026)
  3. The Penny, Tony Clayton, Coins of the UK (read 10 Oct 2026)
  4. Values of the Penny (Copper or Bronze), variety key only, Tony Clayton, Coins of the UK (read 10 Oct 2026)
  5. 1860s replacement of the British copper coinage, Wikipedia (read 10 Oct 2026)
  6. Jubilee coinage, Wikipedia (read 10 Oct 2026)
  7. Catalogue of the Coins, Tokens, Medals, Dies and Seals in the Museum of the Royal Mint, Vol. I Part I (W. J. Hocking, 1906), pp. 179 and 189, Royal Mint Museum (read 10 Oct 2026)
  8. Great Britain 1874 penny, CoinVarieties (read 10 Oct 2026)

More 1 Penny coins from nearby years

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