AI Appraisal Estimate

This is a United Kingdom decimal one penny coin dated 2012. The obverse features the fourth definitive coinage portrait of Queen Elizabeth II, designed by Ian Rank-Broadley, whose initials 'IRB' can be seen below the neckline. The portrait shows the Queen wearing the Girls of Great Britain and Ireland Tiara. The encircling Latin inscription reads 'ELIZABETH II D G REG F D 2012', which translates to 'Elizabeth II, by the Grace of God, Queen, Defender of the Faith.' Physically, the coin is composed of copper-plated steel, giving it a bright, reddish-bronze metallic color and magnetic properties. It measures 20.3mm in diameter with a thickness of 1.65mm and a weight of 3.56 grams. The edge is plain (smooth). In terms of condition, the coin shows moderate signs of circulation and environmental exposure. There is visible surface oxidation, particularly around the Queen's profile and the lettering, appearing as darker toning or grime buildup. Micro-scratches and minor dings are present across the fields and on the high points of the relief. The strike appears standard for mass-produced currency, with clear but non-proof-like detail in the hair and tiara.

I have conducted a visual examination of this 2012 United Kingdom one penny coin. The piece features the Ian Rank-Broadley portrait of Queen Elizabeth II and fulfills the technical specifications for copper-plated steel currency of this era. Regarding condition, the specimen shows clear signs of circulation, including oxidation, minor surface abrasions, and accumulated grime in the recessed lettering. This 'circulated' state significantly affects its numismatic appeal, as it lacks the 'Brilliant Uncirculated' (BU) luster sought by high-end collectors. From a market perspective, this is a high-mintage, modern circulation coin. With over 200 million units produced in 2012, it is neither rare nor scarce. Comparable examples are found in daily change across the UK, holding a nominal face value of one penny (approximately $0.012 USD). While a flawless, high-grade specimen might command a small premium for a 'year set' collector, this specific coin's environmental damage and wear limit its value to its face amount or negligible 'pocket change' value. Note that this appraisal is based on photographic evidence. While the magnetic copper-plated steel composition and strike appear consistent with Royal Mint standards, a physical inspection would be required to verify its weight to the milligram, precise diameter, and electromagnetic signature to rule out contemporary counterfeits—though the low face value makes such counterfeiting unlikely. No official provenance was provided, which is standard for such currency. Scientific testing via X-ray fluorescence (XRF) could confirm the specific alloy of the steel core if necessary for academic purposes.