Perhaps they no longer use pennies in Great Britain. Well from what I can Google they still use them although nothing under 2 pence exists to spend on. Although in the U.S. things for a penny are rare they are still out there, mostly food and candies.
This British penny has the older queen's portrait and the gate. It is copper-plated steel but even that is a bit expensive to make. 40% of all circulating British coins are said to be pennies. Even with that many younger Brits do not carry them and stores sometimes struggle to give change since they do not get them as payments.
This happened in New Zealand when they eliminated every coin under 10 cents. So stores that do not round prices or customers who insist on change have a supply of "penny-candy" to hand out. Cheap treats in place of change has been used throughout coin history. While few people around the world complain I can foresee Americans filing lawsuits about sugar, calories, allergies, choking hazards, and petty theft.
Here's the stats...
Type/Country: 1 Penny / Great Britain
Year: 2004
Mintage: 739,764,000
Metal: Copper-Plated Steel
Value: $0.02 in VF (very-fine)
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.
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