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The Great Britain 1 Penny coin minted in 1908 (KM#794.2) is a significant piece of numismatic history, representing a time of industrial growth and imperial expansion in the United Kingdom. The early 20th century was characterized by a strong British economy and a global empire, which influenced the design and production of currency. The 1908 penny was struck during the reign of King Edward VII, who ascended to the throne in 1901 following the death of Queen Victoria. This era was marked by political changes, technological advancements, and a cultural flourishing that impacted various aspects of life in Britain and its colonies.
The design of the 1908 penny is both iconic and representative of the Edwardian era. The obverse features a portrait of King Edward VII, facing right, and is surrounded by the inscription "EDWARDVS VII D.G. BRITT: OMN: REX F.D." This translates to "Edward VII, by the Grace of God, King of all Britons, Defender of the Faith." The design reflects the royal authority and the significance of the monarchy during this time. The reverse side showcases the seated figure of Britannia, a personification of Britain, holding a trident and a shield adorned with the Union Jack. She is flanked by the date "1908" and the denomination "ONE PENNY." The overall design, executed by engraver Edgar Bertram MacKennal, symbolizes strength, resilience, and British pride.
The coin was minted in bronze, a material that gives it a warm, brown appearance, characteristic of British pennies of this era. The uncirculated (UNC) condition indicates that this particular specimen has been preserved in excellent condition, retaining its original luster and detail. Coins in such pristine condition are particularly sought after by collectors, as they provide a glimpse into the quality and craftsmanship of the minting process. The 1908 penny is notable not just for its historical context but also for its artistic merits, showcasing the skill of the engraver and the high standards of the Royal Mint.
As for mintage, the 1908 penny was produced in relatively large quantities, with millions struck to meet the demands of the British economy. However, the exact figures can vary, and collectors often seek specific varieties or grades. Coins in uncirculated condition, like this one, are rarer and command a higher premium in the market. The availability of such coins can fluctuate based on collector interest and market trends, which adds to the dynamic nature of numismatic collecting.
Overall, the Great Britain 1 Penny 1908 KM#794.2 BN UNC is more than just a coin; it is a testament to a bygone era, capturing the essence of early 20th-century Britain. It serves as a tangible link to the past, allowing collectors and historians to appreciate the economic and cultural context of the time. This penny, with its rich history, elegant design, and high-quality minting, is a valuable addition to any collection and a cherished piece of numismatic heritage.