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1 Penny - Elizabeth II 2nd portrait, magnetic
| Issuer | Falkland Islands |
|---|---|
| Year | 1998-1999 |
| Type | Log in to see details |
| Value | 1 Penny |
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| Composition | Log in to see details |
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| Obverse description | Second portrait effigy of Queen Elizabeth II facing right, engraved by Arnold Machin, depicting the Queen as a young woman wearing the Girls of Great Britain and Ireland tiara. The truncated, draped bust is rendered in fine relief against a plain field. The circumferential legend reads QUEEN ELIZABETH THE SECOND, arcing from lower left to lower right, with a beaded border encircling the entire design. |
|---|---|
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| Reverse script | Latin |
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| Additional information |
The magnetic copper-plated steel composition was adopted across many Commonwealth territories during the 1990s as copper prices made the older solid bronze flans increasingly uneconomical. For the Falklands, a territory whose monetary infrastructure depends entirely on shipments from the UK, the lighter logistical footprint of steel blanks carried a practical appeal beyond mere metallurgy. These coins were struck at the Royal Mint.
KM#2a distinguishes the steel-core issues from the earlier bronze KM#2 pieces — visually identical, separated only by a magnet.