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1 Penny - Elizabeth II Platinum Penny

Issuer States of Jersey
Year 2017
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Shape Round
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Obverse script Latin
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Reverse description Central design features the interlaced royal cypher 'EP' in an ornate script monogram, commemorating the 70th wedding anniversary of Queen Elizabeth II and Prince Philip. A St. Edward's Crown surmounts the cypher at the top, and a naval anchor is positioned beneath it at the base of the monogram. The dates '1947' and '2017' flank the cypher to the left and right respectively. The legend '70 GLORIOUS YEARS' arcs around the upper field, while 'ONE PENNY' is inscribed in bold lettering along the lower periphery, the whole bordered by a beaded inner circle.
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Additional information

Jersey has occasionally used its fiscal autonomy to issue precious metal restrikes of circulating denominations, primarily for the collector market. This platinum penny is one such piece — a novelty item with no monetary function, struck in a metal whose spot value at time of issue exceeded the face value by a factor of several hundred.

KM#345 has thin auction history, suggesting limited mintage and modest secondary market activity.

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