Maundy money is given by the reigning UK Monarch to specially chosen people each year on Maundy Thursday. The custom dates from the time when the reigning monarch gave money or food out to the poor on that day. Nowadays instead of food a small purse of Maundy coins is given to each recipient.
A complete set of four coins totals just 10 pence - a penny, a 2 penny coin, a 3 penny coin and a 4 penny coin. The 4 penny coin is around the size of a modern 5p coin, and the others are smaller. The number of these coins varies each year as the present Queen gives an extra penny each year to mark her age as one year older, and one year extra on the throne.
The coins are made of sterling silver, and are legal tender in the UK (ie you can spend them) but, of course, no one who receives them would ever spend them at their face value of just 10 pence a complete set.
As to value, this varies. Face value of a complete set of four coins is just 10 pence. The intrinsic value of the silver is also low as the coins are very small and light and therefore silver content is no more than a pound or two in value. However, if Maundy money comes up at auction a complete set of four coins can vary from £50 - 70 or so up to several hundreds of pounds depending upon condition or wear, and date (and hence rarity). However the true value is the sentimental value of being given such an item by the reigning king or queen - and that honour is priceless.
The deserving poor
Maundy Money
On Maundy Thursday the queen gives out the Maundy Penny
Maundy Gregory died in 1941.
Maundy Gregory was born in 1877.
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.
A British 2004 (silver) Maundy Penny, uncirculated and in absolute mint condition could fetch up to £25 GBP. A reputable coin dealer will be able to give a more accurate valuation.
A British 1984 Maundy (silver) Penny, uncirculated and in absolute mint condition could fetch up to £25 GBP. A reputable coin dealer will be able to give a more accurate valuation.
A British 1978 (silver) Maundy Threepence, uncirculated and in absolute mint condition could fetch up to £20 GBP. A reputable coin dealer will be able to give a more accurate valuation.
A British 1937 Maundy Penny (Proof FDC), uncirculated and in absolute mint condition could fetch up to £18 GBP. A reputable coin dealer will be able to give a more accurate valuation.
A British 1975 silver Maundy Twopence (QE II), in absolute mint condition could fetch up to £20 GBP. A reputable coin dealer will be able to give a more accurate valuation.
"Maundy" is a noun meaning the ceremony of washing the feet of the poor, esp. commemorating Jesus' washing of His disciples' feet (Maundy Thursday).