British Pennies

Large Copper Pennies: 1707–1860

Introduction to Large Copper Pennies

The large copper pennies of Great Britain represent one of the most fascinating periods in British numismatic history. Spanning from the early Georgian era through the mid-Victorian period, these substantial coins witnessed the Industrial Revolution, the Napoleonic Wars, and the transformation of Britain into the world's dominant economic power.

These coins are characterized by their impressive size—ranging from 34mm to the massive 36mm "cartwheel" pennies—and their pure copper composition. Unlike the later bronze pennies, large coppers develop a distinctive chocolate-brown patina that collectors prize.[1]

Specifications Overview

Period Diameter Weight Composition Mint
1797 Cartwheel 36mm 28.3g (1 oz) Copper Soho Mint
1806–1807 34mm 18.8g Copper Soho Mint
1825–1860 34mm 18.8g Copper Royal Mint

George III (1760–1820)

Images: Wikimedia Commons (Public Domain)

The Coinage Crisis

By the late 18th century, Britain faced a severe shortage of small denomination coins. The Royal Mint had essentially ceased copper production, leaving counterfeiters to fill the void. It's estimated that by 1797, over half of all copper coins in circulation were counterfeit.[2]

The Cartwheel Penny (1797)

The solution came from an unlikely source: industrialist Matthew Boulton and his Soho Mint in Birmingham. Boulton proposed a revolutionary approach—coins whose intrinsic metal value matched their face value, struck using steam-powered presses that could produce coins impossible to counterfeit economically.[3]

1797 "Cartwheel" Penny

The Iconic Georgian Copper

Designer: Conrad Heinrich Küchler

Obverse: Laureate bust of George III facing right, date below

Reverse: Britannia seated left, holding olive branch and trident, shield at side

Edge: Incuse lettering: SOHO

Mintage: 8,601,600[4]

Why "Cartwheel"?

The nickname derives from the coin's massive size and the broad raised rim that resembles a wagon wheel. At exactly one ounce (28.3g) and 36mm diameter, these are the heaviest pennies ever produced for circulation in Britain.

Collecting Notes

  • Condition: Most survivors show significant wear due to heavy circulation. Uncirculated examples command substantial premiums.
  • Varieties: Look for differences in the incuse edge lettering and minor die variations.
  • Value range: £30–80 (VG-VF), £150–400 (EF), £1,000+ (Uncirculated)

Later George III Pennies (1806–1807)

Following the success of the cartwheels, Boulton's Soho Mint continued production with a redesigned, lighter penny. These coins reduced the weight to 18.8g while maintaining high-quality production standards.

Date Mintage Key Varieties Est. Value (VF)
1806 Unknown (high) With/without incuse curl on shoulder £25–60
1807 Unknown (high) K on truncation varieties £25–60

George IV (1820–1830)

George IV's penny series marked a significant transition: the first pennies struck at the new Royal Mint facility on Tower Hill, which had opened in 1812. The Soho Mint closed following Boulton's death, and copper coinage returned to government control.[3]

Design Details

Designer: Benedetto Pistrucci (obverse), William Wyon (reverse modifications)

Obverse: Laureate head of George IV facing left

Reverse: Britannia seated right, date in exergue

Date Mintage Rarity Est. Value (VF)
1825 1,075,200 Scarce £50–150
1826 5,913,600 Common £20–50
1827 1,451,520 Scarce £80–200

Collecting Notes

William IV (1830–1837)

William IV's brief reign produced one of the scarcest regular-issue penny series. With the "Sailor King" on the throne for just seven years, mintages were generally low, making these coins particularly desirable to collectors.[1]

Design Details

Designer: William Wyon

Obverse: Bare head of William IV facing right, W.W. on truncation (some issues)

Reverse: Britannia seated right, date in exergue

Date Mintage Rarity Est. Value (VF)
1831 806,400 Scarce £60–180
1831 W.W. Included above Rare variety £150–400
1834 322,560 Rare £100–300
1837 174,720 Rare £120–350

Key Varieties

1831 W.W. on Truncation

Some 1831 pennies feature William Wyon's initials (W.W.) on the neck truncation. This variety commands a significant premium and represents the engraver signing his work—a practice that would continue on Victoria's portrait.

Collecting Notes

Victoria Copper Pennies (1839–1860)

Queen Victoria's early reign saw the final chapter of large copper pennies. The "young head" design by William Wyon ranks among the most beautiful coin portraits ever created, depicting the teenage queen in classical style with her hair bound up.[3]

Design Details

Designer: William Wyon (both sides)

Obverse: Young head of Victoria facing left, date below

Reverse: Britannia seated right, trident behind, lighthouse and ship in background

The Complete Date Run

Date Mintage Rarity Est. Value (VF)
1839 Proof only Rare £800+
1841 913,920 Scarce £30–80
1843 483,830 Scarce £50–150
1844 215,040 Rare £80–250
1845 322,560 Scarce £40–120
1846 483,840 Common £25–70
1847 322,560 Scarce £40–100
1848 161,280 Rare £80–250
1848/7 Included above Rare overdate £150–400
1849 268,800 Scarce £50–150
1851 268,800 Scarce £40–100
1853 6,720,000 Common £15–40
1854 6,759,200 Common £15–40
1855 5,273,856 Common £15–40
1856 1,212,288 Scarce £30–80
1857 752,640 Scarce £25–70
1858 1,599,040 Common £15–40
1858/7 Included above Scarce overdate £60–150
1859 1,075,200 Common £20–50
1860 See bronze Transitional Variable

Notable Varieties

1848/7 Overdate

A clear overdate variety where the 8 is punched over a 7. The underlying 7 is visible at the bottom of the 8. This is one of the most popular British copper varieties.

Detection: Look for a diagonal line extending from the lower loop of the 8.

1858/7 Overdate

Similar to the 1848/7, this overdate shows traces of a 7 beneath the final 8 of the date.

Detection: Best visible under magnification; look for doubling in the 8.

DEF: vs DEF. Varieties

Throughout the series, look for variations in the legend spacing, particularly whether there is a colon after DEF (Defender of the Faith).

Ornamental vs Plain Trident

The trident behind Britannia appears in two styles: ornamental (decorative prongs) and plain. Both are collectible.

The 1860 Transition

The year 1860 marks the end of the large copper penny and the beginning of the bronze era. Some 1860 copper pennies exist alongside the new bronze issues, making this a fascinating year for variety collectors. The copper 1860s are distinguishable by their slightly larger size and distinct color.[4]

Collecting Large Copper Pennies

Building a Collection

Large copper pennies offer several approaches for collectors:

Grading Considerations

Large coppers present unique grading challenges:

See our Grading Guide for detailed assessment criteria.

Authentication

For valuable dates and varieties, third-party grading from NGC or PCGS provides authentication and market confidence. Both services have extensive experience with British coppers.

Sources & Further Reading