If you've come across a collection of old UK pennies, you may wonder if they hold any significant value. Just because a penny’s face value is the lowest of any modern-day UK coin doesn’t mean your old pennies are worthless — far from it.
Like any coin, the worth of old UK pennies varies based on several factors, including their age, condition, rarity and demand among collectors.
In fact, the most expensive British coin to date is a penny. The 1933 penny fetched up to £100,000 at auction, making it the most valuable British coin. This is due to its rarity: only a handful of pennies were produced in 1933, for ceremonial purposes only.
So, before you throw out your old pennies, think again. Depending on its condition, year and rarity, your old penny could be worth a lot. If you possess old UK pennies and you’d like to know their worth, feel free to get in touch with our reputable coin dealers and gold valuers to obtain an accurate assessment of their worth.