2002 UK 1 Penny - Elizabeth II 3rd portrait; magnetic

Features

IssuerUnited Kingdom 
QueenElizabeth II (1952-2022)
TypeStandard circulation coins
Years1992-1997
Value1 Penny
0.01 GBP = USD 0.013
CurrencyPound sterling (decimalized, 1971-date)
CompositionCopper plated steel
Weight3.56 g
Diameter20.3 mm
Thickness1.65 mm
ShapeRound
TechniqueMilled
OrientationMedal alignment ↑↑
Number
N#
860
ReferencesKM# 935a, Sp# B4

Obverse

Third crowned portrait of Queen Elizabeth II right, wearing the George IV State Diadem, legend around.

Script: Latin

Lettering:
ELIZABETH II D·G·REG·F·D·1997
RDM

Unabridged legend: Elizabeth II Dei Gratia Regina Fidei Defensatrix

Translation: Elizabeth II by the Grace of God Queen Defender of the Faith

Engraver: Raphael David Maklouf

Reverse

A crowned portcullis with chains (an adaptation of the Badge of Henry VII, now the Badge of the Palace of Westminster) with legend above and denomination below.

Script: Latin

Lettering:
ONE PENNY
1

Engraver: Christopher Ironside

Edge

Plain

Mint

Royal Mint, Llantrisant, United Kingdom (1968-date)

Comments

1992 saw the changeover from bronze to copper-plated steel for both the 1p & 2p to reduce the cost of production. Both bronze and copper-plated steel 1992 coins can be found, however those in Proof & Brilliant Uncirculated sets were struck in bronze, while circulation strikes were copper-plated steel.

Reverse die varieties:

Type A (1992-94) Junctions of portcullis bars are raised dots;
Type B (1992-97) Junctions of portcullis bars are incuse circles;