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You are likely referring to a British 1919 Penny (KM#810). It is made of bronze, weighs 9.45 grams, measures 30.8mm across, has a portrait of King George V facing left on the front of the coin, and a picture of Britannia seated and facing to the right on the back of the coin.

About 118.2 million were produced in 1919 at three different mints. The most common (over 95% of the aggregate mintage) was produced at the Royal Mint and has no mintmark; it is worth (according to the Standard Catalog of World Coins) about US$0.80 in Fine condition, about US$2.50 in Very Fine condition, about US$17.00 in Extremely Fine condition, and about US$50.00 in Uncirculated condition.

The coin was also produced at the Heaton Mint and has a small "H" mintmark; it is worth about US$1.25 in Fine condition, about US$13.00 in Very Fine condition, about US$275.00 in Extremely Fine condition, and about US$1,000.00 in Uncirculated condition.

Finally, it was also produced at the King's Norton Mint and has a small "KN" mintmark; it is worth about US$4.00 in Fine condition, about US$25.00 in Very Fine condition, about US$400.00 in Extremely Fine condition, and about US$2,200.00 in Uncirculated condition.

Note that the 1919 Australian Penny is the same size and has the same wording on the front. The back, however, reads "Commonwealth of Australia" and "One Penny" - since you didn't mention such an obvious identifier, I presume that you refer to the British coin.

By the way, the phrase "GEORGIVS V DEI GRA BRITT OMN REX FID DEF IND IMP" is abbreviated Latin for "George the Fifth, By the Grace of God, King of All Britons [or "Britain"], Defender of the Faith, and Emperor of India."

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