1971 Penny Value
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The 1p was first issued in 1971 (although 1971 coins were actually made available earlier in blue folders to enable the public to become familiar with them). With the two pence, it is one of only two denominations that has been made to the same size specifications from decimalisation in 1971 right up to the present day.
CoinTrackers.com has estimated the 1971 S Lincoln Penny Proof value at an average of 1 cent, one in certified mint state (MS+) could be worth $8. USA Coin Book Estimated Value of 1971 Lincoln Memorial Penny (Doubled Die Obverse Variety) is Worth $1,079 or more in Uncirculated (MS+) Mint Condition. Click here to Learn How to use Coin Price Charts. Also, click here to Learn About Grading Coins. The Melt Value shown below is how Valuable the Coin's Metal is Worth (bare minimum value of coin).
Specifications are shown at the bottom of this page.
Obverse Type 1, used 1971 – 1984 (bust design by Arnold Machin):
Reverse Type 1, used 1971 – 1981 (design by Christopher Ironside):
Edge: Plain.
The design:
A portcullis with chains, royally crowned. ‘NEW PENNY’ above, ‘1’ below.
Dates:
1971, Mintage 1,521,666,250.
1972, None for circulation, an unknown amount for annual proof sets only.
1973, Mintage 280,196,000.
1974, Mintage 330,892,000.
1975, Mintage 221,604,000.
1976, Mintage 300,160,000.
1977, Mintage 285,430,000.
1978, Mintage 292,770,000.
1979, Mintage 459,000,000.
1980, Mintage 416,304,000.
1981, Mintage 301,800,000.
Collectability/Scarcity: 1 for the high mintage coins, 2 for 1972 (for scale details see here)
Obverse Type 1, used 1971 – 1984 (bust design by Arnold Machin):
Reverse Type 2, used 1982 – 2008 (design by Christopher Ironside):
Edge: Plain.
The design:
A portcullis with chains, royally crowned. ‘ONE PENNY’ above, ‘1’ below.
Dates:
1982, Mintage 100,292,000.
1983, Mintage 243,002,000.
1984, Mintage 154,759,625.
Collectability/Scarcity (all): 1 (for scale details see here)
Obverse Type 2, used 1985 – 1997 (bust design by Raphael Maklouf):
Reverse Type 2, used 1982 – 2008 (design by Christopher Ironside):
Edge: Plain.
Dates:
1985, Mintage 200,605,245.
1986, Mintage 369,989,130.
1987, Mintage 499,946,000.
1988, Mintage 793,492,000.
1989, Mintage 658,142,000.
1990, Mintage 529,047,500.
1991, Mintage 206,457,600.
1992, Mintage 253,867,000 in plated steel, 78,421 in bronze*.
1993, Mintage 602,590,000.
1994, Mintage 843,834,000.
1995, Mintage 303,314,000.
1996, Mintage 723,840,060.
1997, Mintage 396,874,000.
Collectability/Scarcity: 1 for all with the high mintage numbers, 2 for the bronze 1992 (for scale details see here)
*In 1992 the metal composition was changed from bronze to copper-plated steel (which is magnetic). The coins that went into the annual sets used bronze blanks and all of the coins issued for circulation were made of copper plated steel.
There are also varieties of 1p coins concerning the rivets on the portcullis (click on the picture above for a larger version). It seems that for some years the coins in the BU sets (and proofs) were struck using different dies, resulting in two different types. There is more information here: http://www.predecimal.com/forum/topic/8211-portcullis-varieties-on-decimal-penny/
The following has been observed:
1971-1985*: All coins have left reverse with dot rivets.
1986: Circulation coins had the dot rivets, coin in sets had the right image circle rivets.
1987: All have the dot rivets.
1988, 1989 and 1990: Circulation coins have dot rivets, coins in sets have circle rivets.
1991: All coins have dot rivets.
1992: Circulation coins have circle rivets, coin in sets have dot rivets.
1993: Circulation coins have dot rivets, coins in sets have circle rivets.
1994-2006: All have circle rivets.
2007 & 2008: Circulation coins have dot rivets, coins in sets have circle rivets.
2008 and later: Coins no longer feature a portcullis design.
It is very likely that some of the coin types that were only released for general circulation are now harder to find in Uncirculated condition, and although they are not widely collected, they should probably be slightly higher on the Collectability scale.
*Earlier coins with ‘NEW PENCE’ (1971-1981) appear to have a different dot rivet reverse, which has a small gap between the 5 portcullis vertical bars and the top horizontal part below the crown. More research is needed!
Obverse Type 3, used 1998 – 2008 (bust design by Ian Rank-Broadley):
Reverse Type 2, used 1982 – 2008 (design by Christopher Ironside):
Edge: Plain.
Dates:
1998, Mintage 739,770,000*.
1999, Mintage 891,392,000*.
2000, Mintage 1,060,420,000.
2001 Mintage 928,698,000.
2002, Mintage 601,446,000.
2003, Mintage 539,436,000.
2004, Mintage 739,764,000.
2005 Mintage 536,318,000.
2006, Mintage 524,605,000.
2007, Mintage 548,002,000.
2008, Mintage 180,600,000.
Collectability/Scarcity (all): 1 (for scale details see here)
*In 1998 and 1999 bronze blanks were used for the 1p coins in proof sets. Circulation coins were made of copper plated steel (as normal).
Obverse Type 4, used 2008 – 2015 (bust design by Ian Rank-Broadley):
Reverse Type 3, used 2008 onwards (design by Matthew Dent):
Edge: Plain.
The design:
The obverse is very similar to the previous but no longer has rim beads. The reverse is the lower left section of the Royal Coat of Arms of the United Kingdom.
Dates:
2008, Mintage 507,952,000.
2009, Mintage 556,412,800.
2010, Mintage 609,603,000.
2011 Mintage 431,004,000.
2012, Mintage 227,201,000.
2013, Mintage 260,800,000.
2014, Mintage 464,801,520.
2015, Mintage 154,600,000.
Obverse Type 5, used 2015 onwards (bust design by (Mr) Jody Clark):
Reverse Type 3, used 2008 onwards (design by Matthew Dent):
Edge: Plain.
Dates:
2015, Mintage 418,201,016.
2016, Mintage 368,482,000.
2017, Mintage 240,999,600.
2018, Mintage not yet known (what is known, is that none will appear in circulation, they can be found in sets only).
2019, Mintage not yet known.
Specifications for all current 1p coins:
Size: 20.32mm
Width: 1.52mm (bronze), 1.65mm (copper-plated steel)
Metal Composition 1971 – 1992: Bronze (97% copper, 2.5% zinc, 0.5% tin)
Metal Composition 1992 – date: Steel core plated with copper.
Weight: 3.56 grammes
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Kingdom of Ireland (before 1937)
Crown=5 shillings; Shilling=12 pence; Penny=4 farthings
George II king of England (1727-1760)
1/2 penny 1741
copper
HIBERNIA 1744
GEORGIUS II REX
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George III king of England (1760-1820)
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copper
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1/2 penny 1806
copper
HIBERNIA 1806
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1 farthing 1806
copper
HIBERNIA 1806
GEORGIVS III REX
Coin value - $10-15
George IV king of England (1820-1830)
1 penny 1822
copper
HIBERNIA 1822
GEORGIUS IIII REX / Celtic Harp
Coin value - $8-12
Irish Free State (1922-1937)
Irish Crown=5 shillings; Shilling=12 pence; Penny=4 farthings
1/2 crown 1928 (1928-1937)
silver
2s6d / LEAT COROIN / Horse
SAORSTAT EIREANN / 1928 / Celtic Harp
Coin value - $10-15
1 florin 1935 (1928-1937)
silver
FLOIRIN 2s / Salmon
SAORSTAT EIREANN / 1935 / Celtic Harp
Coin value - $15-25
1 shilling 1931 (1928-1937)
silver
1s SCILLING / Bull right
SAORSTAT EIREANN / 1931 / Celtic Harp
Coin value - $8-12
6 pence 1935 (1928-1935)
nickel
6d REUL / Irish Wolfhound
SAORSTAT EIREANN / 1935 / Celtic Harp
Coin value - $3-5
3 pence 1934 (1928-1935)
nickel
3d LEAT REUL / Hare
SAORSTAT EIREANN / 1934 / Celtic Harp
Coin value - $3-5
1 penny 1937 (1928-1937)
bronze
1d PINGN / Hen with chicks
SAORSTAT EIREANN / 1937 / Celtic Harp
Coin value - ~$1
1/2 penny 1928 (1928-1937)
bronze
1/2d LEAT PINGN / Sow with piglets left
SAORSTAT EIREANN / 1928 / Celtic Harp
Coin value - $2-4
1/4 penny (farthing) 1928 (1928-1937)
bronze
1/4d FEOIRLING / Woodcock
SAORSTAT EIREANN / 1928 / Celtic Harp
Coin value - $10-15
Republic of Ireland (from 1937)
Irish Crown=5 shillings; Shilling=12 pence; Penny=4 farthings (1937-1968)
1/2 crown 1939 (1939-1942)
silver
2s6d LEAT COROIN / Horse
EIRE / 1962 / Celtic Harp
Coin value - $25-35
1/2 crown 1962 (1951-1967)
copper-nickel
2s6d LEAT COROIN / Horse
EIRE / 1962 / Celtic Harp
Coin value - $5-7
1 florin 1939 (1939-1942)
silver
2s FLOIRIN / Salmon
EIRE / 1939 / Celtic Harp
Coin value - $15-20
1 florin 1968 (1951-1969)
copper-nickel
2s FLOIRIN / Salmon
EIRE / 1968 / Celtic Harp
Coin value - $3-5
1 shilling 1939 (1939-1942)
silver
1s SCILLING / Bull right
EIRE / 1939 / Celtic Harp
Coin value - $10-15
1 shilling 1964 (1951-1968)
copper-nickel
1995 Penny Value
1s SCILLING / Bull right
EIRE / 1964 / Celtic Harp
Coin value - $1-3
6 pence 1940 (1939-1940)
nickel
6d REUL / Irish Wolfhound
EIRE / 1940 / Celtic Harp
Coin value - $3-5
6 pence 1962 (1942-1969)
copper-nickel
6d REUL / Irish Wolfhound
EIRE / 1962 / Celtic Harp
Coin value - $1-2
3 pence 1940 (1939-1940)
nickel
3d LEAT REUL / Hare
EIRE / 1940 / Celtic Harp
Coin value - $3-5
3 pence 1968 (1942-1968)
copper-nickel
3d LEAT REUL / Hare
EIRE / 1968 / Celtic Harp
2009 Penny Value
Coin value - ~$11 penny 1964 (1940-1968)
bronze
1d PINGN / Hen with chicks
EIRE / 1964 / Celtic Harp
Coin value - ~$1
1/2 penny 1942 (1939-1967)
bronze
1/2d LEAT PINGN / Sow with piglets left
EIRE / 1942 / Celtic Harp
Coin value - $2-3
1/4 penny (farthing) 1939 (1939-1966)
bronze
1/4d FEOIRLING / Woodcock
EIRE / 1942 / Celtic Harp
Coin value - $5-10
Reform 1969
Irish Punt (pound)=100 pence (1969-2001)
1 punt 1994 (1990-2000)
copper-nickel
circulation coinage
£1 / PUNT / Irish Red Deer left
EIRE / 1994 / Celtic Harp
Coin value - $4-6
1 punt 1994 (1990-2000)
copper-nickel
commemorative coin
Millennium
£1 / MILLENNIUM / Cross within stylized ancient ship
EIRE / 2000 / Celtic Harp
Coin value - $8-12
50 pence 1983 (1970-2000)
copper-nickel
circulation coinage
50 P / Woodcock
EIRE / 1983 / Celtic Harp
Coin value - $2-3
50 pence 1988
copper-nickel
commemorative coin
1000th Anniversary of Dublin
50 P / 988 1988 / CLIAT 1000 DUBLIN / Shield above banner
EIRE / 1988 / Celtic Harp
Coin value - $7-10
20 pence 1988 (1986-2000)
nickel-bronze
20 P / Horse left
EIRE / 1988 / Celtic Harp
Coin value - $1-2
10 pence 1980 (1969-1986)
copper-nickel
10 P / Salmon right
EIRE / 1980 / Celtic Harp
Coin value - <$1
10 pence 1993 (1993-2000)
copper-nickel
10 P / Salmon left
EIRE / 1993 / Celtic Harp
Coin value - <$1
5 pence 1970 (1969-1990)
copper-nickel
5 P / Bull right
EIRE / 1970 / Celtic Harp
Coin value - <$1
5 pence 1992 (1992-2000)
copper-nickel
5 P / Bull left
EIRE / 1992 / Celtic Harp
Coin value - <$1
2 pence 1980 (1971-1988)
bronze
2 P / Stylized bird
EIRE / 1980 / Celtic Harp
Coin value - <$1
2 pence 1988 (1988-2000)
cooper plated steel
2 P / Stylized bird
EIRE / 1988 / Celtic Harp
Coin value - <$1
1 penny 1979 (1971-1988)
bronze
1 P / Stylized bird
EIRE / 1979 / Celtic Harp
Coin value - <$1
1971 Penny Value Elizabeth
1 penny 2000 (1988-2000)
cooper plated steel
1 P / Stylized bird
EIRE / 2000 / Celtic Harp
Coin value - <$1
1/2 penny 1971 (1971-1986)
1971 Penny Value Chart
bronze1/2 P / Stylized bird
EIRE / 1971 / Celtic Harp