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It depends on what you are talking about. If on the reverse, it shows an Arabic "1" it is what is known as Maundy money, silver coins given by the Monarch to people in need. At the time of writing, a cleaned (which, keep in mind cleaning will alwaysdestroy the value of your coin, so do not clean your coins) 1 penny Maundy money coin from George VI's reign is going for around 32 GBP (around $50 USD/CAD), on Ebay with 8 bids on it. An uncleaned example in decent condition could easily reach around 40 GPB or so. If you are talking about a silver-plated penny (Britannia on the reverse and it says ONE PENNY) isn't worth any more than a non-silver plated penny. However, if it is the Maundy money example, it is scarce and valuable.

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