Specifications
- Denomination
- 1 penny
- Series
- George V bronze penny
- Designer
- Obverse: Bertram MacKennal; Reverse: Leonard Charles Wyon
- Years of issue
- 1918-1919 (KN issues)
- Weight
- 9.4 g
- Diameter
- 30.8 mm
- Edge
- Plain
- Key mintages
- Not separately recorded; combined 1918 H+KN estimated at ~3,660,800
Look left of the date: the tiny 'KN' marks pennies struck by the King's Norton Metal Co. in 1918–19 — the scarcest of the three 1918 penny mints.
History
- During 1918 and 1919, wartime demand for small change outran the Royal Mint's capacity, so the Mint called on two Birmingham subcontractors: the Heaton Mint and the King's Norton Metal Co. Ltd. Their pennies are identified by a small 'H' or 'KN' mintmark in the exergue, to the far left of the date; Royal Mint London strikes carry no mintmark (Grimsby Telegraph; Online Coin Club).
- The King's Norton Metal Co. was primarily a metals and munitions manufacturer — its brief coinage contract in 1918–19 makes the KN penny a two-year wartime emergency issue (Grimsby Telegraph).
- Of the three 1918 penny varieties, the KN is the scarcest in the marketplace: London struck 84,227,372, while the Heaton and King's Norton outputs are not separately recorded — the combined H+KN 1918 mintage is estimated at roughly 3,660,800 (Online Coin Club; All Coin Values).
What is it worth
- Retail guide values for the 1918 KN penny run from about £5 in Very Good to £15 in Fine, £65 in Very Fine, £430 in Extremely Fine, and £1,100–£1,500+ in About Uncirculated/Uncirculated — the variety is described as "scarce in higher grades" (All Coin Values).
- Worn examples are common and cheap; the money is in original mint-red or near-mint survivors, which rarely come to market (All Coin Values).
What drives the premium
- Lowest output of the three 1918 mints, with no separately published KN mintage — scarcity by obscurity (Online Coin Club; All Coin Values).
- Condition rarity: as a circulating wartime bronze coin, high-grade survivors are genuinely scarce (All Coin Values).
- Collector demand for the complete 1918 three-mint set (London, H, KN) (Grimsby Telegraph).
How to identify the valuable variety
- Find the mintmark: a small 'KN' in the exergue on the reverse, far left of the 1918 date. 'H' is Heaton (also collectible but more common); no mark is London (Online Coin Club).
- Confirm the type: George V bare-head obverse by Bertram MacKennal, seated Britannia reverse by Leonard Charles Wyon, bronze, 9.4 g, 30.8 mm, plain edge (All Coin Values).
- Added mintmarks are the classic forgery on scarce variety coins — a 'KN' that looks engraved rather than struck, or a coin whose wear doesn't match its surfaces, deserves professional authentication before you pay a premium (All Coin Values).
Specifications
- Composition: Bronze (All Coin Values)
- Weight: 9.4 g (All Coin Values)
- Diameter: 30.8 mm (All Coin Values)
- Edge: Plain (All Coin Values; Online Coin Club)
- Designers: Obverse: Bertram MacKennal; reverse: Leonard Charles Wyon (All Coin Values)
- Mint marks: 'KN' (King's Norton Metal Co., Birmingham); also 'H' (Heaton) and no mark (London) for the date (Online Coin Club)
- Mintage: Not separately recorded; combined 1918 H+KN mintage estimated at approximately 3,660,800 (All Coin Values; Online Coin Club)
Collector notes
- No verified public-domain photograph of a 1918 KN penny was located — this entry ships imageless. Do not confuse the British 1918 KN penny with the 1918-Heaton or the Australian 1918 penny, a different coin from the Calcutta mint (Online Coin Club).
Market check
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