1p 1971 NEW PENNY Coin. The History of the 1971 Pennies. This cute 1971 Penny is special because they were the first pennies to be introduced to the UK after decimalisation.
This was when the UK switched from using old currency to the system we use today so they are rare. Pennies used to be divided into four farthings, including a farthing - a quarter of a penny - and a hapenny, which was half a penny. The value of the coin grew. Britain decided to use pounds divided into 100 pennies rather than the pre-decimal system. 1p coins with New Penny embossed on it were then introduced.These coins also feature the second portrait of the Queen to appear on a coin. The Queen is wearing the Girls of Great Britain and Ireland Tiara. These coins are rare and hard to track down.
The item "1p 1971 VERY RARE NEW PENNY Coin! Collectors Item" is in sale since Saturday, September 14, 2019. This item is in the category "Coins\Coins\British\Decimal Coinage (c.
The seller is "allu8352" and is located in Leeds. This item can be shipped to United Kingdom.