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British 1898 Penny Value

Coin Values, images, and specs for the 1898 Penny from British.

The British 1898 Penny, made of bronze, circulated during Queen Victoria’s later reign, symbolizing Britain’s global dominance. Its design, featuring Britannia, reinforced imperial pride as the British Empire expanded. That year, Britain secured Sudan in the Battle of Omdurman, strengthening colonial rule and trade, increasing the British 1898 Penny’s use in commerce.

Economically, Britain was at the height of the Industrial Revolution, with mechanized production boosting coinage output. The British 1898 Penny, essential for daily transactions, reflected economic stability. Politically, Victoria’s Diamond Jubilee (1897) reinforced national unity, ensuring continued reliance on the British 1898 Penny in everyday life.
Obverse of British 1898 Penny Value Reverse: British British 1898 Penny Value

British 1898 Penny Valuations

Very Good Condition
£0.75
Fine Condition
£2.10
Very Fine Condition
£4.25
Extremely Fine Condition
£21.75
About Uncirculated
£41.00
Mint State 60
£57.00+
Mint State 63
-
Mint State 64
-
1898 Penny Mintage

Victoria 1898 Penny coin is a popular coin with 14,296,840 minted. Each year, the Victoria 1898 Penny mintage numbers vary, making certain years more sought after by collectors and investors due to their limited production.
The value of Victoria 1898 Penny coins are influenced by their rarity or mintage, condition, and historical significance.

1898 Penny Worth

The value of 1898 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 1898 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.

1898 Penny Coin Composition

The value of a British 1898 Penny coin depends on its composition and the current market prices of the metals used. Coins like the British 1898 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 1898 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 1898 Penny coin, regardless of its face value.