1998 1p Elizabeth II Proof (magnetic)
Worth about £1.13 as a proof. 63,670 were minted, the 28th lowest of any proof 1p.
Physical Properties
Features & Details
Is the 1998 1p (Elizabeth II) rare?
28th/ 40
Its proof mintage of 63,670 is the 28th lowest of 40 proof 1p coins in the catalogue.
Versions of the 1998 Elizabeth II 1p
Circulationmagnetic£0.09
Mintage 739,770,000
1998 1p Elizabeth II (magnetic)
BUmagnetic£1.13
Mintage 96,192
1998 1p Elizabeth II BU (magnetic)
Proofmagnetic£1.13
Mintage 63,670
1998 1p Elizabeth II Proof (magnetic) (this page)
Elizabeth II 1p by year
About the 1998 1p Elizabeth II Proof (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
Add to your digital collection
Track your coin collection, monitor values, and discover rare finds.