Great Britain 1978 penny

Heritage sale 3082, lot 34182

photo courtesy Heritage Auction Galleries

This decimal penny, or 1/100 of a pound, was introduced as a denomination in 1971. It was struck in this style until 1982, when the word "new" was dropped from the reverse. It was converted to copper-plated steel in 1998. This specimen was lot 34182 in Heritage sale 3082 (New York, January 2020), where it sold for $180. The catalog description^[1] noted, "Great Britain: Elizabeth II Mint Error - Wrong Planchet New Penny 1978 MS64 PCGS. Struck on 2.8 g copper nickel planchet."

Recorded mintage: 292,770,000 plus 86,100 proofs.

Specification: 3.56 g, bronze, 20.32 mm diameter.

Catalog reference: KM 915.

Source:

• Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
• Lobel, Richard, Mark Davidson, Allan Hailstone and Eleni Calligas, Coincraft's Standard Catalogue of English and UK Coins, 1066 to Date, London: Coincraft, 1995.
• Skingley, Philip, ed., Standard Catalogue of British Coins: Coins of England & the United Kingdom, 46th edition, London: Spink & Son, 2011.
• ^[1]Bierrenbach, Cristiano, Warren Tucker and Sam Spiegel, Heritage World and Ancient Coins Online Auction 3082, featuring the Caranett Collection, Dallas, TX: Heritage Auction Galleries, 2019.

Link to:

• 1975 5 new pence
• 1977 new penny
• 1977 25 new pence, silver jubilee of queen Elizabeth's reign
• 1978 50 new pence
• 1978 sovereign
• 1979 new penny
• 1979 sovereign
• Coins and currency dated 1978