Description from HiBid
2001 United Kingdom One Penny Copper $130
This 2001 United Kingdom One Penny is a copper-plated steel coin featuring the fourth definitive portrait of Queen Elizabeth II by Ian Rank-Broadley on the obverse. This specific specimen is professionally authenticated and encapsulated by ICG (Independent Coin Graders) as "Genuine" and is identified as being part of the "World Coin Treasure Hoard." The coin exhibits a distinct reddish-brown copper luster, though it shows significant surface mottling and environmental toning typical of coins recovered from bulk hoards. While the 2001 penny is common in general circulation, this item carries added provenance due to its inclusion in a recognized hoard collection, making it a unique acquisition for collectors who value shipwreck or hoard-recovered currency. The protective slab ensures the preservation of its current state and provides a guaranteed pedigree for the buyer.
Condition: The coin appears to be in a heavily corroded or environmentally damaged state, as indicated by the significant surface crusting and "Genuine" rather than numeric grade from ICG. While the underlying details of the Ian Rank-Broadley portrait of Queen Elizabeth II remain visible, the heavy oxidation severely impacts the eye appeal and surface integrity.
Mint: Royal Mint, Llantrisant, Wales.
Metal Content: Copper-plated steel (often referred to colloquially as copper, though the core is magnetic steel).
Historical Context: This coin was issued during the reign of Queen Elizabeth II as part of the decimalized currency system introduced in 1971. The 2001 issue is a standard circulation piece featuring the fourth portrait of the Queen.
Collector Value: The collector value is extremely low. A standard 2001 penny is common pocket change in the UK with a mintage of over 900 million. Even in Mint State, they are worth only a few cents. An asking price of $130 is significantly higher than market value, as the ICG "World Coin Treasure Hoard" slab is a marketing label that does not typically impart high numismatic value to a common modern coin.
Strike Type: Business strike (circulation).
Grading: Authenticated by ICG as "Genuine," but not given a numerical grade due to the significant environmental damage or corrosion.
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rare coins, numismatics, British currency, Queen Elizabeth II coin, 2001 coin, ICG graded, coin collecting, World Coin Treasure Hoard, collectible money, authentic vintage coin
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