British 1931 Penny Value

Coin Values, images, and specs for the 1931 Penny from British.

The British 1931 Penny, designed by Bertram Mackennal, features King George V and Britannia, reflecting Britain’s economic struggles during the Great Depression. As global trade declined, Britain abandoned the gold standard in 1931, shifting to a managed currency system. Though made of bronze (95% copper, with tin and zinc), the coin circulated widely in a period of financial instability, symbolizing Britain’s efforts to maintain stability despite economic turmoil.

Politically, the British 1931 Penny coincided with Ramsay MacDonald’s National Government, which imposed spending cuts to combat rising debt. The classic Britannia reverse design echoed imperial resilience as Britain faced declining global influence. Copper demand fluctuated due to economic downturns, yet the British 1931 Penny remained vital in daily transactions, symbolizing continuity amid economic change.

1931 Penny Mintage

George V 1931 Penny coin is a popular coin with 19,843,200 minted. Each year, the George V 1931 Penny mintage numbers vary, making certain years more sought after by collectors and investors due to their limited production.
The value of George V 1931 Penny coins are influenced by their rarity or mintage, condition, and historical significance.

1931 Penny Worth

The value of 1931 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.

British 1931 Penny Valuations

Very Good Condition

£0.40

Fine Condition

£1.00

Very Fine Condition

£2.10

Extremely Fine Condition

£13.00

Extremely about Uncirculated

£31.00

Mint State 60

£42.00

Mint State 63

Mint State 64

The valuation of a British 1931 Penny coin is based on data from auctions, market trends, and various numismatic resources. These values are intended as guides only and may not reflect the exact price you will receive when buying or selling a British 1931 Penny coin. Market conditions, rarity, and collector demand can all impact the actual value.

1931 Bronze Penny

George V 1931 Penny: Bronze coins were made from an alloy of copper, tin and zinc. British 1931 Penny bronze coins intricate designs and inscriptions. These elements convey religious, cultural, or political messages, further embedding the British 1931 Penny societal and historical contexts of their time.

1931 Penny Grading

Coin grading is used to evaluate the condition of a British 1931 Penny coin, which significantly influencing its value. The Sheldon Scale, ranging from 1 (poor) to 70 (mint state), is commonly used to value a George V 1931 Penny. Key factors include wear, luster, strike, and overall eye appeal. Higher-grade British 1931 Penny coins will show minimal wear and superior qualities and typically command higher prices. Accurate George V 1931 Penny grading is crucial for determining fair value, making it essential for both collectors and investors in the numismatic market.

Experienced collectors may have their own opinion of a coins grade.

1931 Penny Value

George V 1931 Penny coin valuation involves assessing a coins worth based on several factors: rarity, condition, demand, historical significance, and metal content . George V coins that are rarer and in better condition tend to have higher values. Market trends and collector interest also play significant roles in determining a British 1931 Penny value.

We use various sources including auction sites to determine the value of British 1931 Penny worth.

The values provided here are estimates and should be used as general indicators only. .