What is the value of a 1918 British Penny?

Answer 1

A British 1918 bronze Penny (George V), uncirculated and in absolute mint condition could fetch up to £50 GBP. If it has been circulated but still in good condition, it might fetch anything from £3 to £15 GBP.

A British 1918 bronze Penny (George V)(mint mark = H "Heaton"), uncirculated and in absolute mint condition could fetch up to £575 GBP. If it has been circulated but still in good condition, it might fetch anything from £20 to £225 GBP.

A British 1918 bronze Penny (George V)(mint mark = KN "King's Norton Metal Co"), uncirculated and in absolute mint condition could fetch up to £950 GBP. If it has been circulated but still in good condition, it might fetch anything from £3 to £300 GBP.

The values quoted are the best possible for the best specimens in their grades, but may be significantly lower due to varying demand for the coin and the prevailing economic climate. A reputable coin dealer will be able to give a more accurate valuation based on inspection of the coin.

Answer 2

Countries with competent financial management do not make coins with a face value worth less than the metal they are made from. There were no British 18 kt golden Pennies in general circulation.

Answer 3

Queen Victoria had not yet been born in 1818.