1 Penny - Victoria 2nd portrait; 1st type

Features

Issuer	United Kingdom (United Kingdom, British Overseas Territories and Crown Dependencies)
Queen	Victoria (1837-1901)
Type	Standard circulation coin
Years	1860-1874
Value	1 Penny (1⁄240)
Currency	Pound sterling (1158-1970)
Composition	Bronze
Weight	9.45 g
Diameter	30.8 mm
Thickness	1.6 mm
Shape	Round
Technique	Milled
Orientation	Medal alignment ↑↑
Demonetized	31 August 1971
Number	N# 3377
References	KM# 749, Tracy L. Schmidt (editor); 2019. Standard Catalog of World Coins / 2001-Date (14^th edition). Krause Publications, Stevens Point, Wisconsin, United States. And 5 more volumes. Sp# 3954, Emma Howard (editor); 2021. Standard Catalogue of British Coins : Coins of England & the United Kingdom Pre-Decimal Issues (56^th edition). Spink & Son, London, United Kingdom. And 2 more volumes. Sp# 3955 Emma Howard (editor); 2021. Standard Catalogue of British Coins : Coins of England & the United Kingdom Pre-Decimal Issues (56^th edition). Spink & Son, London, United Kingdom. And 2 more volumes.

Obverse

Second laureate and draped bust ('Bun Head') of Queen Victoria left, legend around.

Note: varieties exist

Script: Latin

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

Unabridged legend: Victoria Dei Gratia Britanniarum Regina Fidei Defensatrix

Translation: Victoria by the Grace of God Queen of the Britains Defender of the Faith

Engraver: Leonard Charles Wyon

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 around, date in exergue.

Note: varieties exist

Script: Latin

Lettering:
ONE PENNY
1863

Engraver: Leonard Charles Wyon

Edge

Plain

Mint

Royal Mint (Tower Hill), London, United Kingdom (1810-1975)

Comments

The standard weight of these pieces was 48 to the pound avoirdupois (1/3 ounce or 145.8 grains).

There are many obverse and reverse varieties for this type, following is a selection of them:

Sp#3954 (1860-1894) no mintmark on reverse;
Sp#3955 (1874/5/6, 1881/2) 'H' mintmark on reverse below date, struck at Ralph Heaton & Sons, Birmingham.

In 1874, the second portrait was very slightly changed. In KM#749, the D:G: is closer to the Queen's head.
So take care if you have an 1874 in case it is KM#755.

KM#749.1 (1860 only) Beaded border, without die number;
KM#749.2 (1860-1874) Toothed border, without die number;
KM#749.3 (1863 only) Toothed border, with die number below date;

There are many other small variations to the obverse and reverse designs, all full list of which can be found (with pictures) in the latest version of the Spink Standard Catalogue of British Coins.

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Date	Mintage	G	VG	F	VF	XF	AU	UNC	Frequency
Undetermined
1860		$ 0.48							4%	KM#749.1
1860									1.0%	KM#749.1; incuse lines on shield
1860									0.07%	KM#749.1; incuse lines on shield; Proof
1860	505 300	$ 0.51	$ 0.73	$ 0.73	$ 8.80				11%	KM#749.1; raised lines on shield
1860									1.5%	KM#749.1; raised lines on shield; extra thick flan
1860									0.07%	KM#749.1; raised lines on shield; extra thick flan; Proof
1860									0.17%	KM#749.1; raised lines on shield; Proof
1860									2%	KM#749.2
1860									0.3%	KM#749.2; 15 leaves; no obv. sig.
1860									0.2%	KM#749.2; 16 leaves; no obv. sig.
1860					$ 6.40				0.8%	KM#749.2; L.C. WYON below shoulder; L.C.W. below shield
1860									0.4%	KM#749.2; L.C.WYON on shoulder; L.C.W. below foot
1860									0.4%	KM#749.2; L.C.WYON on shoulder; L.C.W. below shield
1861									0.8%	KM#749.2; 15 leaves; no obv. sig.; L.C.W. below shield
1861									0.6%	KM#749.2; 15 leaves; no sig. obv. or rev.
1861				$ 1.20					3%	KM#749.2; 16 leaves; no sig. obv. or rev.
1861									0.3%	KM#749.2; 16 leaves; no sig. obv. or rev.; Proof
1861									1.3%	KM#749.2; 16 leaves; no obv. sig.; L.C.W. below shield; overdate variety exists
1861									0.5%	KM#749.2; L.C.WYON below truncation; L.C.W. below shield
1861									1.4%	KM#749.2; L.C.WYON below truncation; no rev. sig.
1861	36 449 000	$ 0.27	$ 0.53	$ 2.50	$ 6.20				24%	KM#749.2; L.C.WYON on truncation; L.C.W. below shield
1861									0.7%	KM#749.2; L.C.WYON on truncation; no rev. sig.
1862	50 534 000	$ 0.53	$ 1.10	$ 2.70	$ 4.90	$ 18	$ 39	$ 250	39%	KM#749.2
1862									0.17%	KM#749.2 Proof
1862									1.2%	KM#749.2; L.C.WYON on shoulder; no rev. sig.
1862				$ 12					1.7%	KM#749.2; no obv. sig.
1862									0.5%	KM#749.2; small date numerals (from halfpenny die)
1863	28 063 000	$ 0.49	$ 1.10	$ 2.10	$ 6.20	$ 18			32%	KM#749.2
1863									0.2%	KM#749.2 Proof
1863									0.9%	KM#749.3; with small die no. 2, 3, or 4 below date
1863									0.3%	KM#749.3; with small die no. 5 below date
1864			$ 25						1.5%	KM#749.2; crosslet 4 in date
1864	3 441 000	$ 1.50	$ 1.50	$ 6.20					5%	KM#749.2; plain 4 in date
1865	8 602 000	$ 0.57	$ 0.57	$ 4.90	$ 6.80	$ 29			14%	KM#749.2; overdate variety exists
1866	9 999 000	$ 0.45	$ 1.60	$ 1.90	$ 12				19%	KM#749.2
1867	5 484 000	$ 0.44	$ 6.10	$ 6.10	$ 8.80				12%	KM#749.2
1867									0.2%	KM#749.2 Proof
1868	1 183 000	$ 0.19	$ 3.90	$ 3.90					7%	KM#749.2
1868									0.12%	KM#749.2 Proof
1869	2 580 000	$ 25							3%	KM#749.2
1870	5 695 000	$ 0.67	$ 5.90	$ 5.90	$ 12				12%	KM#749.2
1871	1 290 000	$ 0.32	$ 0.68	$ 2.90	$ 4.90			$ 2100	5%	KM#749.2
1872	8 495 000	$ 0.64	$ 2.40	$ 4.80	$ 11				15%	KM#749.2
1872	1								0.2%	KM#749.2; coin orientation; Proof
1873	8 494 000	$ 0.46	$ 1.20	$ 2.10	$ 6.00				18%	KM#749.2
1874	5 622 000	$ 0.20	$ 1.00	$ 6.00	$ 8.20				12%	KM#749.2
1874									0.9%	KM#749.2; 16 leaves; small date
1874 H	6 666 000	$ 0.33	$ 1.20	$ 4.80	$ 4.80				6%	KM#749.2
1874 H									0.9%	KM#749.2; 16 leaves; large date

Values in the table above are expressed in USD. They are based on evaluations by Numista users and sales realized on Internet platforms. They serve as an indication only; they are not intended to be relied upon for buying, selling or exchanging. Numista does not buy or sell coins or banknotes.

Frequencies show the percentage of Numista users who own each year or variety among all the users who own this coin. Since some users own several versions, the sum may be greater than 100%.

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This index is based on the data of Numista members collections. It ranges from 0 to 100, 0 meaning a very common coin or banknote and 100 meaning a rare coin or banknote among Numista members.

Past sales

Pictures	Sale	Date	Version	Grade	Sold price
	Heritage Auctions Wednesday & Thursday World & Ancient Coins Weekly Online Auction 232117 Lot 65446	28 Apr 2021	1863 – KM#749.2	UNC (NGC MS64 Brown)	USD 168.00 (incl. buyer's premium)
© Heritage Auctions
	Heritage Auctions 2019 April 25 - 29 Central States World Coins & Ancient Coins Signature Auction - Chicago 3073 Lot 31219	29 Apr 2019	1863 – KM#749.2 Proof	UNC (PCGS PR64 Brown)	USD 1680.00 (incl. buyer's premium)
© Heritage Auctions
	Heritage Auctions 2023 October 22 - 23 Spotlight: Great Britain World Coins Showcase Auction 61344 Lot 25472	22 Oct 2023	1865 – KM#749.2; overdate variety exists	UNC (NGC MS64 Brown)	USD 600.00 (incl. buyer's premium)
© Heritage Auctions
	Katz Auction 108 Lot 703	13 Jan 2024	1865 – KM#749.2; overdate variety exists	XF	USD 7.47 (EUR 7.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.
	Katz Auction 98 Lot 762	14 Oct 2023	1865 – KM#749.2; overdate variety exists	XF	USD 28.80 (EUR 27.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.
	Heritage Auctions Wednesday & Thursday World & Ancient Coins Weekly Online Auction 232047 Lot 63424	18 Nov 2020	1866 – KM#749.2	UNC (NGC MS65 Red and Brown)	USD 432.00 (incl. buyer's premium)
© Heritage Auctions
	Heritage Auctions Wednesday & Thursday World & Ancient Coins Weekly Online Auction 232111 Lot 63428	17 Mar 2021	1867 – KM#749.2	UNC (NGC MS65 Red and Brown)	USD 780.00 (incl. buyer's premium)
© Heritage Auctions
	Heritage Auctions 2023 October 22 - 23 Spotlight: Great Britain World Coins Showcase Auction 61344 Lot 25473	22 Oct 2023	1868 – KM#749.2	UNC (NGC MS64 Red and Brown)	USD 660.00 (incl. buyer's premium)
© Heritage Auctions
	Heritage Auctions 2023 October 22 - 23 Spotlight: Great Britain World Coins Showcase Auction 61344 Lot 25474	22 Oct 2023	1869 – KM#749.2	UNC (NGC MS63 Brown)	USD 2640.00 (incl. buyer's premium)
© Heritage Auctions
	Heritage Auctions 2023 October 22 - 23 Spotlight: Great Britain World Coins Showcase Auction 61344 Lot 25475	22 Oct 2023	1870 – KM#749.2	UNC (NGC MS62 Brown)	USD 114.00 (incl. buyer's premium)
© Heritage Auctions