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British 1864 Penny Value

Coin Values, images, and specs for the 1864 Penny from British.

The British 1864 Penny was designed by William Wyon and marks an important moment in British coinage. In 1864, Britain was in the midst of the Industrial Revolution, and the Penny symbolized the need for reliable currency in an increasingly urbanized economy. Made of copper, the coin reflected the materials widespread use for lower denomination coins during this era.

The 1864 Penny featured a portrait of Queen Victoria and Britannia, signaling continuity in design. The coins copper composition was integral to its affordability and circulation. This period was marked by a growing working class, making the Penny essential for everyday commerce in a rapidly changing British economy.
Obverse of British 1864 Penny Value Reverse: British British 1864 Penny Value

British 1864 Penny Valuations

Very Good Condition
£20.00
Fine Condition
£50.00
Very Fine Condition
£195.00
Extremely Fine Condition
£920.00
About Uncirculated
£2,425.00
Mint State 60
£3,450.00+
Mint State 63
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Mint State 64
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1864 Penny Mintage

Victoria 1864 Penny coin is a popular coin with 3,440,640 minted. Each year, the Victoria 1864 Penny mintage numbers vary, making certain years more sought after by collectors and investors due to their limited production.
The value of Victoria 1864 Penny coins are influenced by their rarity or mintage, condition, and historical significance.

1864 Penny Worth

The value of 1864 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 1864 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.

1864 Penny Coin Composition

The value of a British 1864 Penny coin depends on its composition and the current market prices of the metals used. Coins like the British 1864 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 1864 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 1864 Penny coin, regardless of its face value.