The 1906 Penny reverse shows Britannia seated facing right, wearing a helmet, holding a trident. the other hand rests on a shield bearing the Cross of Saint George. The words 'ONE' and 'PENNY' are in the fields, and the date 1906 is in the exergue below.. The UK 1906 Penny obverse features the bare head of King Edward VII facing right, with the legend: 'EDWARDVS VII DEI GRA: BRITT: OMN: REX FID: DEF: IND: IMP:'. The penny is one of the great coins of the British coinage system. Despite the UK Penny been commonly used coin, UK pennys are unique, old pennies that are worth significantly more money than originally intended. Working out how much your old 1906 penny is worth can be difficult, but we have tried to help inform you as to whether your old 1906 penny is valuable.