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British 1902 Penny Value

Coin Values, images, and specs for the 1902 Penny from .

The British 1902 Penny, designed by George William de Saulles, marked the early reign of King Edward VII following Queen Victoria’s death. The coin’s copper composition reflected everyday economic transactions, while de Saulles’ portrait of the king symbolized continuity and stability during political transition. The British 1902 Penny reinforced public trust in currency amidst imperial expansion.

The Second Boer War’s conclusion in 1902 influenced national sentiment and economic recovery. The British 1902 Penny, with its durable copper alloy, circulated widely, supporting commerce. De Saulles’ detailed king’s effigy and reverse design conveyed authority and unity, linking coin artistry to political and economic stability.
Obverse of British 1902 Penny Value Reverse: British British 1902 Penny Value

British 1902 Penny Valuations

Very Good Condition
£0.40
Fine Condition
£1.05
Very Fine Condition
£2.15
Extremely Fine Condition
£9.50
About Uncirculated
£21.00
Mint State 60
£32.00+
Mint State 63
-
Mint State 64
-
1902 Penny Mintage

Edward VII 1902 Penny coin is a popular coin with 26,976,770 minted. Each year, the Edward VII 1902 Penny mintage numbers vary, making certain years more sought after by collectors and investors due to their limited production.
The value of Edward VII 1902 Penny coins are influenced by their rarity or mintage, condition, and historical significance.

1902 Penny Worth

The value of 1902 Penny depends on its rarity, condition, historical significance, metal content, and demand among collectors. Understanding these factors helps in assessing a coin’s worth accurately.

Coins with unique features or errors can also command higher prices due to their novelty and appeal to collectors.
The value of a British 1902 Penny coin is based on auctions, market trends, and numismatic sources. These figures are a guide only; rarity, condition, and collector demand can affect the actual price.

1902 Penny Coin Composition

The value of a British 1902 Penny coin depends on its composition and the current market prices of the metals used. Coins like the British 1902 Penny made from metals such as copper, nickel, or silver vary in worth based on their metal content and market conditions. While coins made from precious metals like silver may have a higher value due to fluctuations in silver prices, the British 1902 Penny coin made from more stable metals like copper or nickel tends to have a more consistent value. Factors like minting costs and collector demand also influence the value of the British 1902 Penny coin, regardless of its face value.