The British 1906 Penny, designed by George W. de Saulles, features a seated Britannia on the reverse, symbolizing Britain’s maritime power and stability. Struck in 95.5% copper, it reflected the country’s reliance on copper for everyday currency. The Boer War (1899-1902) had recently ended, and Britain faced economic strain, influencing the circulation of coins like the 1906 Penny as the economy recovered and needed a stable currency.
Politically, King Edward VII reigned during this time, overseeing industrial expansion and imperial influence. The British 1906 Penny embodied this era, as de Saulles design continued to reflect British values while maintaining copper’s role in the nations economy and coinage system.