I picked up an 1827 George 1V penny from a dealer's junk box in good F condition, about 15 years ago. The composition is pure copper, which wears more than bronze. 1827's in Unc. bring $ hundreds.
The Brits. pay a lot more for the 1827's than the 1826's, because they were not released for circulation on Great Britain; they all went to the penal colony in Hobart, Tasmania. The mintage, to suit a penal colony's needs, was quite small. They subsequently saw heavy circulation for many years, much more so than the 1826's issued in Great Britain.
The Brits. pay a lot more for the 1827's than the 1826's, because they were not released for circulation on Great Britain; they all went to the penal colony in Hobart, Tasmania. The mintage, to suit a penal colony's needs, was quite small. They subsequently saw heavy circulation for many years, much more so than the 1826's issued in Great Britain.






















