Great Britain 1911 silver penny

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from the Mountain Groan Collection
Great Britain 1911 penny rev 600.jpg
Ponterio sale 168, lot 40168
photo courtesy Stack's-Bowers LLC

This silver penny was struck during the reign of George V, king of Britain 1910-36. The type was struck 1911-20 for the Maundy sets. Altho some silver pennies seem to have been struck for circulation during the reign of George III (d. 1820), by the twentieth century the denomination was obsolete, superseded by the familiar bronze penny with Britannia ruling the waves on the reverse. It was only a relic of the coin which once dominated medieval commerce. As most Maundy sets were carefully preserved by their recipients, Maundy coins are today much more available than the low mintage would indicate. Maundy pennies struck 1921-46 were only .500 fine silver. The second specimen was part of lot 40168 in Ponterio sale 168 (Philadelphia, August 2012), where it sold for $9,106. The catalog description[1] noted, "GREAT BRITAIN. Proof Set, 1911. Maundy Penny to 5 Pounds. Full Twelve Piece 1911 Proof Set Fr-402-405; S-PS11; KM-PS17. Silver and gold 12 piece Proof set in original red Royal mint case. A nice original set and very attractive."

Recorded mintage: 1,913 struck for Maundy sets.

Specification: 0.47 g, .925 fine silver, .014 troy oz ASW.

Catalog reference: KM 811.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
  • Bressett, Kenneth E., A Guide Book of English Coins, Nineteenth and Twentieth Centuries, 2nd Ed., Racine, WI: Whitman Publishing, 1962.
  • Lobel, Richard, Mark Davidson, Allan Hailstone and Eleni Calligas, Coincraft's Standard Catalogue of English and UK Coins, 1066 to Date, London: Coincraft, 1995.
  • Rayner, P. Alan, and Maurice Bull, English Silver Coinage from 1649, 6th Ed., London: Spink & Son, 2015.
  • Skingley, Philip, ed., Standard Catalogue of British Coins: Coins of England & the United Kingdom, 46th edition, London: Spink & Son, 2011.
  • [1]Ponterio, Richard, Ponterio sale 168: The Official ANA Auction, Irvine, CA: Stack's Bowers LLC, 2012.

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