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A rare Victorian penny has fetched a record £37,200 after a fierce bidding war broke out at London auction house Baldwin’s. The 1882 Young Head Bronze Penny has long been considered the most valuable coin of its time.
Then a collector entered the London auction house Baldwin & Sons and presented the most valuable coin of their time to the stunned experts. The ‘No H’ penny has now been sold to an anonymous buyer for £37,200, a record for a Victorian penny. For enthusiasts, the coin’s appeal stems from a distinctive feature in its design.
The 1869 ‘Bunhead’ penny, which had a mintage of just 2,580,000, is one of the rarest coins in the Victorian penny series. This example, in near uncirculated condition with around 50% of its new luster, is offered with an estimate of £1,500 – £2,000.
< li>1793 Liberty Cap Wreath Cent – ca. 391.000 $.
In good condition, the 1862 Indian Head Penny is worth around $12. In very good condition, it’s valued at around $35. In very good condition, it’s valued at around $55. In uncirculated condition, MS 60 grade coins are priced at around $145.
Queen Victoria’s (1837–1901) pennies form one of the most complicated denominations of British coinage, both before and after the transition from copper to bronze pennies in 1860. A number of reference books have been published about the many varieties of Victorian pennies.
The famous 2009 Kew Gardens 50p remains the most coveted coin in circulation with a mintage of just 210,000.
Top 10 things you didn’t know about the penny
The first 1943 copper cent sold in 1958 for more than $40,000. In 1996, another went for a whopping $82,500. But those sales pale in comparison to the most recent: This week a New Jersey dealer sold his 1943 penny for a whopping $1.7 million.
The 1959-D wheat penny is one of the most controversial mule coins of all time. It’s worth $50,000!
The 1930 Penny is one of the rarest Australian coins, with only a very small number being minted, and holds the record as the world’s most valuable copper penny. It is highly prized by coin collectors and a 1930 penny in very good condition can be worth A$45,000 or more.
In good condition, the 1860 Indian Head Penny is worth around $12. In very good condition, it’s valued at around $45. In very good condition, it’s valued at around $80. In uncirculated condition, MS-60 denomination coins are priced at around $200.
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