1938 United Kingdom 1 Penny (1⁄240)

The standard weight of these pieces was 48 to the pound avoirdupois (1/3 ounce or 145.8 grains).

1937 obverse and reverse die varieties:
Obv 1 P of IMP at a tooth, I of IMP to the left of a tooth, : before IMP nearly at a tooth, dot after IMP is small;
Obv 2 P of IMP to the right of a tooth, I of IMP to the right of a tooth, : before IMP between teeth, dot after IMP is larger;
Rev A Right leg of 2nd N in PENNY at a tooth, sea level on right at a tooth, longer teeth;
Rev B Right leg of both Ns in PENNY between teeth, sea level on right slightly above a tooth, shorter teeth;

1940 reverse die varieties:
Rev B Single exergue line (11.6%)
Rev C Double exergue line (88.4%)

1944 reverse die varieties:
Note the differing positions of the last 4 in the date, relative to the wave above.

1946 reverse die varieties:
Although not a genuine variety by any definition, the 'dot' penny die flaw has crept into most reference books;

Not a published variety but straight and wavy exergue line varieties observed by Numista member ALLRED1950;


Images above are reproduced with kind permission of
Numista member Sjoelund and Declan Magee Coins