Do you have British penny and want to know its value? Leave a comment
I am always confused what to call them. Are they British coins, coins from the United Kingdom, or coins from Great Britain? It is the third most common coin I have behind the U.S. and Canada. I have either found or got in coin lots 227 British coins most in the past fifteen years.
Love that edge it says + PLEIDIOL WYF I'M GWLAD which means either True To My Land or True am I to my country. Either way it is Welsh with goes with the yummy Welsh leek on the reverse. The edge is both reeded and incused with words to stop counterfeiting. Unfortunately it has not worked with up to 3% of all pound coins circulating are estimated to be fake, that is 41 million coin.
So a few years ago when American dollar coins got edge lettering it was in response to the growing South American counterfeiters. Columbia in particular have faked American dollar coins for a few cent each and flooded that and surrounding countries since American money is more stable and legal to use.
Here's the stats...
Type/Country: 1 Pound / Great Britain
Value: $1.59 in VF (very-fine)
These British coins take up a lot of space in the vault, by that I mean a fat envelope in a shoe box, and most have retained face value if not more.
Update: Just wanted to add some US Dollar vs British Pound coin comparisons.
The British Pound is much thicker but a smaller diameter which makes it better to use, but do not expect that to happen in the U.S. since coin machines would have to be redone costing millions.
Do you have a coin from Great Britain and want to know its value? Leave a comment/question and I will do my best to find out the price and history for you.