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British 1831 Penny Value

Coin Values, images, and specs for the 1831 Penny from British.

The British 1831 Penny coin, designed by William Wyon, features the youthful portrait of King William IV. Struck in copper, the British 1831 Penny represented the start of his reign during a period of political reform and economic change in Britain, marked by growing industrialization.

In 1831, the Reform Act was being debated, shifting the political landscape. The British 1831 Penny, with its detailed design, symbolized stability during this transitional time. The copper composition reflected the need for practical, durable currency, while Wyon’s design helped reinforce the monarchys legitimacy during an era of significant social and political transformation.
Obverse of British 1831 Penny Value Reverse: British British 1831 Penny Value

British 1831 Penny Valuations

Very Good Condition
£15.50
Fine Condition
£31.00
Very Fine Condition
£75.00
Extremely Fine Condition
£415.00
About Uncirculated
£790.00
Mint State 60
£975.00+
Mint State 63
-
Mint State 64
-
1831 Penny Mintage

William IV 1831 Penny coin is a popular coin with 806,400 minted. Each year, the William IV 1831 Penny mintage numbers vary, making certain years more sought after by collectors and investors due to their limited production.
The value of William IV 1831 Penny coins are influenced by their rarity or mintage, condition, and historical significance.

1831 Penny Worth

The value of 1831 Penny depends on its rarity, condition, historical significance, metal content, and demand among collectors. Understanding these factors helps in assessing a coin’s worth accurately.

Coins with unique features or errors can also command higher prices due to their novelty and appeal to collectors.
The value of a British 1831 Penny coin is based on auctions, market trends, and numismatic sources. These figures are a guide only; rarity, condition, and collector demand can affect the actual price.

1831 Penny Coin Composition

The value of a British 1831 Penny coin depends on its composition and the current market prices of the metals used. Coins like the British 1831 Penny made from metals such as copper, nickel, or silver vary in worth based on their metal content and market conditions. While coins made from precious metals like silver may have a higher value due to fluctuations in silver prices, the British 1831 Penny coin made from more stable metals like copper or nickel tends to have a more consistent value. Factors like minting costs and collector demand also influence the value of the British 1831 Penny coin, regardless of its face value.