Rare Coins - 1971 New penny 1 Elizabeth 11 D-G-R-E-G-F-D 1971 MUST SELL NOW.

Name: Rare Coins - 1971 New penny 1 Elizabeth 11 D-G-R-E-G-F-D 1971 MUST SELL NOW.
Brand: CoinsandstuffCo
SKU: 1109486093
Price: 92.29 USD
Availability: InStock

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Highlights

Vintage from the 1970s

This rare and stunning coin is a must have. Description

This Coin have Sold for up to Twenty Five Thousand Pounds on Ebay.
Obverse: Second crowned portrait of HM Queen Elizabeth II right, wearing the Girls of Great Britain and Ireland Tiara, legend around
Lettering: ELIZABETH·II D·G·REG·F·D·1980
Translation: Elizabeth the Second by the Grace of God Queen Defender of the Faith (Elizabeth II Dei Gratia Regina Fidei Defensatrix)
Engraver: Arnold Machin
Reverse:A crowned portcullis with chains (an adaptation of the Badge of Henry VII which is now the Badge of the Palace of Westminster) and the face value
Lettering: NEW PENNY 1
Engraver: Christopher Ironside
Edge: Plain
Interesting facts about Pennies: -
A Government study pointed out that 60% of 1p coins are used just once before they drop out of circulation.
Figures from Gocompare.com show less than one Brit in three (32%) actually uses copper coins – the rest of us don't carry them or spend them. Most people simply put their copper coins in a jar – with the average jar now containing £15.40 in copper coins.
And young Brits are far more likely to think poorly about copper coins – with one in 12 admitting they throw them in the bin.
Things have got so bad for 1p and 2ps, that the Government is seriously thinking about scrapping them for good - with the Bank of England also fine with this idea.
An incredible 1,521,666,250 "New" 1p coins were struck in 1971 as Britain moved to a decimal currency.
You'd think that would mean they're still pretty common - but you'd be wrong.
Because of the way we treat our coppers, they get beaten up, mangled, thrown away and drop out of circulation fast.
The original design - with "New Penny" on the back and the Arnold Machin portrait of the Queen on the front - was used unchanged for 10 years, but it's the original 1971 coins that are worth the money.

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