Three Penny Piece 1947
Three Penny Piece 1947 George VI reign very rare.
The reign of Edward VIII saw the planned introduction of a new, larger, nickel-brass (79% copper, 20% zinc, 1% nickel) twelve-sided three pence coin.
This coin weighed 6.6 grams (0.23 oz) and the diameter was 21 millimetres (0.83 in) across the sides and 22 millimetres (0.87 in) across the corners.
The obverse shows a left-facing effigy of the king .
Not right as would have been the convention to alternate the direction.
Furthermore with the inscription EDWARDVS VIII D G BR OMN REX F D IND IMP,
And the reverse shows a three-headed thrift plant with the inscription THREE PENCE 1937.
A total of just 12 of these coins were struck for experimental purposes
and sent to a slot machine manufacturing company for testing.
The whereabouts of six of those 12 are known.
Three Penny Piece 1947 escape the meltdown ?
However, the other six are still out there somewhere
and, as such, they are extremely rare today.
An example was put up for auction in 2013, expecting £30,000.
There are two types of Edward VIII brass three pence.
The first type has the date broken by a thrift plant design and the second has the date below.
During the reign of King George VI, circulation silver three pence were produced only in 1937–45.
And almost all the 1945 examples were subsequently melted down
The obverse shows a left-facing effigy of the king with the inscription GEORGIVS VI D G BR OMN REX,
while the reverse has an elegant design of a shield of St George lying on a Tudor rose,
dividing the date, with the inscription FID DEF IND IMP THREE PENCE.
George VI era Threepence values
The nickel-brass three pence took over the bulk of the production of the denomination
As a result being produced in all years between 1937 and 1952 except 1947.
Apart from the king’s head and name, and the weight being increased to 6.8 grams ,
However the coin was identical to that prepared for Edward VIII. Coins dated 1946 and 1949 were minted in far fewer numbers than the rest,
And as nickel-brass wears very quickly; higher grade specimens of these coins are expensive to buy now .
Both over £500 for uncirculated examples.
The scarce dates are 1948, 1950 and 1951 and these are now selling for £60–£80 in mint state.
I actually mean Counterfeit,
which are coins sold to deceive us into thinking the coin is real.
They are also called replicas, copies, imitations and other words.
To try to get us to gloss over the fact that the coin is not actually genuine.
A Chinese website is offering “gold sovereigns” for £5.
Not likely to fool many at that price,
but what when someone tries to resell it at £200?
Counterfeiting is illegal
but it is becoming an open and common occurrence,
Also not limited to bullion and numismatic items.
Furthermore, Last year the UK changed the design of the one pound coin
Because 3% of circulating one-pound coins were fake.
One in 30 counterfeit is serious.
How can we tell a fake coin from a real coin?
Calling a fake can take a lot of experience.
Dealers who handle coins on a daily basis
often talk about things feeling “not quite right” and have little tricks to give them indicators
For amateur collectors it can be quite difficult if not impossible.
Metal testing kits are good
but not always 100%.
A lot of testing may involve scratching or toning the coin which is destructive to the coin and it’s value.
Finally X-Ray guns are excellent
but are extremely expensive (5 figures expensive).
Ready to ship in 1-3 business days from United Kingdom (UK)
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