1998 1p Elizabeth II (magnetic)
Worth about £0.09 in circulated condition. 739,770,000 were minted, the 34th lowest of any circulation 1p.
Physical Properties
Features & Details
Is the 1998 1p (Elizabeth II) rare?
34th/ 39
Its circulation mintage of 739,770,000 is the 34th lowest of 39 circulation 1p coins in the catalogue.
Versions of the 1998 Elizabeth II 1p
Circulationmagnetic£0.09
Mintage 739,770,000
1998 1p Elizabeth II (magnetic) (this page)
BUmagnetic£1.13
Mintage 96,192
1998 1p Elizabeth II BU (magnetic)
Proofmagnetic£1.13
Mintage 63,670
1998 1p Elizabeth II Proof (magnetic)
Elizabeth II 1p by year
About the 1998 1p Elizabeth II (magnetic)
The Elizabeth II 4th portrait one penny coin struck in 1998 represents a significant era in British numismatics, showcasing the evolution of coinage during Queen Elizabeth II's long reign. Designed by Ian Rank-Broadley, the fourth portrait features a more mature likeness of the Queen, symbolising continuity and stability for the United Kingdom. The coin's composition of copper plated steel marks a shift in material usage during the late 20th century, highlighting economic considerations in coin production. While it may not hold significant value for advanced collectors, its historical context, design elements, and widespread presence make it an essential piece for those studying modern British currency and the ongoing legacy of Queen Elizabeth II.
How this was written
Written with AI from catalogue data. Sentences that contradict this coin's year, denomination, finish, mintage or value are removed automatically; the rest has not been checked by a person. How we value coins
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