Elizabeth II 2nd portrait

The Elizabeth II 2nd portrait one penny coin, minted in 1971 by the Royal Mint at Tower Hill, represents a pivotal moment in British numismatic history as it was part of the decimalization of the currency, transitioning from the old system of pounds, shillings, and pence to a decimal system. With a mintage of over 4.4 billion pieces, this coin is one of the most widely circulated coins in the United Kingdom, making it easily accessible for collectors and casual finders alike. The obverse features the second portrait of Queen Elizabeth II, designed by Arnold Machin, which is notable for its detailed representation of the Queen, while the reverse showcases a simplistic yet iconic design of a single penny. Although classified with a rarity score of 1 out of 10, its historical significance lies in its role in the decimalization process, making it a key piece for understanding the evolution of British currency and a staple in collections reflecting the rich tapestry of Britain’s monetary history.