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1972 Penny

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Ben's Avatar
United Kingdom
4208 Posts
 Posted 08/27/2012  11:39 am Show Profile   Bookmark this topic Add Ben to your friends list Get a Link to this Message Number of Subscribers
I know these were only minted for mint sets, but does anyone know how many were minted? I'm making a set of every penny, searched about 150 bronze pennies, found every other date many times, but still no 1972s.

Any tips? How many pennies will I need to go through to find one?
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Pertinax's Avatar
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2135 Posts
 Posted 08/27/2012  6:56 pm  Show Profile   Bookmark this reply Add Pertinax to your friends list Get a Link to this Reply
As they were minted only for sets how are you going to find one in circulation ? Who would be crazy enough to split up a set ?

Stop searching !
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DavidUK's Avatar
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2624 Posts
 Posted 08/27/2012  7:29 pm  Show Profile   Bookmark this reply Add DavidUK to your friends list Get a Link to this Reply
I searched about £500 in two pence coins before I gave that one up. I had the same with a couple of the 5 pence pieces, the gap in my album was bugging me and so I just bought one on ebay from a seller who splits up sets. The missing 5 pence cost me £3 which may not be a particular bargain but was well worth it to save me looking at every 5 pence I get handed in change.

If we estimated that some people who had the 1972 two pence in a mint set got robbed and some of the crooks didnt know what they had, so they busted them out and spent them, then maybe there are one or two around in circulation. These are very very long odds... you're more likely to win the lottery.
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Ben's Avatar
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 Posted 08/27/2012  7:59 pm  Show Profile   Bookmark this reply Add Ben to your friends list Get a Link to this Reply
Weeeeell, I do like a challenge, and I've only found full mint sets for sale (£30! Rip off!) so ill keep looking for it in circulation. If I find one, ill buy a lottery ticket.

Anyway, I'm sure ill find something good eventually, 1972 or otherwise. Plus, I can always do this with the spares:
1972-Penny

Ive misplaced the pictures of the...uh...larger things. For example, a tower much much larger than that on top of a 3p coin. Gotta do something with my time, havent I?
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alganbagerap's Avatar
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2490 Posts
 Posted 08/27/2012  8:15 pm  Show Profile   Bookmark this reply Add alganbagerap to your friends list Get a Link to this Reply
They were also issued as proofs. You should find one for well under a fiver.
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 Posted 03/08/2013  7:34 pm  Show Profile   Bookmark this reply Add DaytR to your friends list Get a Link to this Reply
Years ago I also tried to find 1972 coins before I knew that there werent any issued into circultion, anyway has anyone had anyone had any luck finding a 1972 coin in circulation ?
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Red's Avatar
United Kingdom
252 Posts
 Posted 03/13/2013  07:59 am  Show Profile   Bookmark this reply Add Red to your friends list Get a Link to this Reply
I managed to find a 1993 5p in circulation a while back.

I've been collecting all the bronze 1p & 2p coins I come across for a couple of years...
maybe I should search through them to try and fill any gaps huh !!
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 Posted 03/15/2013  8:56 pm  Show Profile   Bookmark this reply Add DaytR to your friends list Get a Link to this Reply
Lucky you finding a 1993 5p ! How big is you collection of bronze 1p and 2p cins ?
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 Posted 04/24/2013  7:01 pm  Show Profile   Bookmark this reply Add DaytR to your friends list Get a Link to this Reply
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Demarco Bishopp's Avatar
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548 Posts
 Posted 04/25/2013  10:44 am  Show Profile   Bookmark this reply Add Demarco Bishopp to your friends list Get a Link to this Reply
You guys who collect 1p and 2p coins, do you keep them inside plastic or cardboard holders? How is that economically viable when each holder is probably worth more than the coin itself?
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 Posted 04/25/2013  11:49 am  Show Profile   Bookmark this reply Add DaytR to your friends list Get a Link to this Reply
Interesting question ! I actually keep mine in a empty muffin plastic container ....
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Pertinax's Avatar
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2135 Posts
 Posted 04/25/2013  3:55 pm  Show Profile   Bookmark this reply Add Pertinax to your friends list Get a Link to this Reply
Demarco Bishopp
It's economically viable until you dispose of the coin, surely ?

The holder can be reused.
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Red's Avatar
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252 Posts
 Posted 04/25/2013  4:05 pm  Show Profile   Bookmark this reply Add Red to your friends list Get a Link to this Reply
My bog-standard year 'sets' go in little ziplock bags, except the £1 & £2 coins which go in trays.
All my common errors go in bags too, but anything unusual goes in the trays.
Fakes, type sets (£2/50p vareities etc) 'colonies' ie IOM, Gibraltar etc and some good circulation finds all go in trays.

1972-Penny

As for my bronze 1 & 2p coins... I think I've got just over £10 worth... but tbh I'm not sure its worth keeping them.
I may be better off keeping the cupro-nickel 5 & 10ps as they're actually being removed from circulation :/
Edited by Red
04/25/2013 7:22 pm
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Pertinax's Avatar
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2135 Posts
 Posted 04/25/2013  4:27 pm  Show Profile   Bookmark this reply Add Pertinax to your friends list Get a Link to this Reply
How should one value the penny from a 1972 proof set ?

The face value is 93 1/2 p.
There are 7 coins in the set.

Should the value of a penny be 1/93 of the value of the set and the 2p be 2/93 of the set ?

Or, should it be 1/7 of the value of the set ?

Or some other way (what) ?
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rooneydog's Avatar
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739 Posts
 Posted 04/25/2013  4:46 pm  Show Profile   Bookmark this reply Add rooneydog to your friends list Get a Link to this Reply
Spink says each of the coppers £2 Silver £4/£5 Crown £6 so probably 20p 40/50p and 60p
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Pertinax's Avatar
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2135 Posts
 Posted 04/25/2013  8:01 pm  Show Profile   Bookmark this reply Add Pertinax to your friends list Get a Link to this Reply
I don't understand what you mean by
Quote:
so probably 20p 40/50p and 60p
.

There were 3 Bronze coins: 1/2p, 1p, 2p; the crown, and 3 other cupro-nickel coins: 5p, 10p, 50p.

That adds up to £23; is that Spinks price for the set ?
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