20 British Penny Lot

The British one penny, or 1p coin, is the smallest denomination of coinage in the United Kingdom. It represents 1/100th of one pound.

Details about the penny:

• Value: 1/100 of one pound (1p). 

• Composition: Originally bronze, but since 1992, it's made of copper-plated steel. 

• Circulation: There are an estimated 10.5 billion 1p coins in circulation. 

• Legal Tender: One penny coins are legal tender for amounts up to 20p. 

• History: The penny was introduced with the decimalization of British currency in 1971. Before that, it had different values and was known as a pre-decimal penny. 

• Old Pennies: Prior to 1971, the penny was made of bronze and had different designs and values. 

• New Pennies: The 1p coin introduced in 1971 was the new penny, worth 1/100 of a pound. 

• Collector's Items: Some older British pennies, especially those minted before 1971, can be valuable for collectors. 

Includes: 25 x Pennies, Velvet pouch (years vary)