Cartwheel Penny

Firstly, the Cartwheel Penny is a fascinating piece of British coinage history. Produced in 1797, it was the largest and heaviest copper penny ever minted in the United Kingdom. Moreover, these coins are highly sought after by collectors for their unique design and historical significance.

Why was it called the Cartwheel Penny?

However, the coin earned its nickname “Cartwheel Penny” due to its size and thickness. Weighing one ounce and measuring 36 millimeters in diameter, these coins were hard to miss. In fact, the Cartwheel Penny was the first to employ a new minting process called “Boulton’s steam-driven coin press”.

But why are these coins so popular among numismatists? One reason is the distinctive design, featuring King George III on the obverse and a seated Britannia on the reverse. Furthermore, the coin’s edge inscription reads “ONE PENNY TOKEN,” adding to its appeal.

As a result, the Cartwheel Penny has become a coveted item for collectors and history enthusiasts. Consequently, its value has increased over the years, making it a worthwhile investment for many. Additionally, the coin’s unique features have inspired a renewed interest in numismatics.

Where can you buy one of these coins?

Nowadays, you can find Cartwheel Pennies at auctions, coin fairs, and online marketplaces. Since they are in high demand, it’s essential to ensure their authenticity before purchasing. Subsequently, working with a reputable dealer is a smart decision.

Nonetheless, the value of a Cartwheel Penny varies depending on its condition and rarity. For instance, a well-preserved coin can fetch a premium price. On the other hand, a worn example may still hold value but at a lesser amount.

To protect your Cartwheel Penny investment, proper storage is crucial. Investing in acid-free coin holders and avoiding extreme temperatures are effective ways to maintain your coin’s condition. By doing so, you’ll preserve its value for future generations.

In conclusion, the Cartwheel Penny is a unique piece of British numismatic history. Its size, weight, and design make it a desirable item for collectors worldwide. Whether you’re an avid numismatist or a history buff, adding a Cartwheel Penny to your collection is a decision you won’t regret.

So, are you ready to start your search for the perfect Cartwheel Penny? Don’t forget to consider factors like condition, rarity, and authenticity. After all, the Cartwheel Penny’s enduring appeal makes it an excellent investment in the world of numismatics.

To recap, the Cartwheel Penny is an iconic British coin that stands out in the numismatic world. Collecting these coins can be a rewarding and educational experience. Therefore, take the plunge and discover the fascinating history behind the Cartwheel Penny today.

You might also be interested in our page about Maundy Money. Alternatively, you can find lots of great coins to add to your collection in the Royal Mint shop.

Cartwheel Penny coins for sale