Rare 1919 KN penny could be worth over £2,000

A coin expert has advised Brits to inspect their loose change for a penny that could potentially be worth over £2000. The coin may appear ordinary at first glance, but a unique marking significantly increases its value.

A coin expert has advised Brits to inspect their loose change for a penny that could potentially be worth over £2,000.

The coin expert, known as the Coin Collecting Wizard, has been exploring rare penny coins in a series of videos.

In one of his videos, he urged viewers to search for a penny coin from 1919. This coin displays an image of King George V on the obverse (the head side) and a depiction of Britannia on the reverse.

However, it's a small initial on the tail side that makes this coin particularly valuable.

"Today we discuss the 1919 KN penny - KN meaning King's Norton Mint," the expert explained.

Of the two mints , the Kings Norton is by far the most difficult to get. The obverse shows a portrait of King George V. by Australian sculptor Bertram McKennel. George V was king of the United Kingdom and the British dominions and Emperor of India from May 6 1910 until his death in 1936. The reverse shows Britannia seated with trident and shield. It is the same as other pennies of that era with the exception of the KN Mint mark.

If you are lucky enough to find the 1919 KN penny, it may surprise you that this coin can sell for over £2,000 pounds.

The Royal Mint's website provides further information about the wartime production of pennies.

"During 1918 and 1919, The Royal Mint called upon the services of The Kings Norton Metal Company Ltd to help meet demand for pennies.

"The pennies produced by the company can be identified by a 'KN' mint mark, which stands for Kings Norton and is situated close to the date on the reverse of the coin."

Specialists at All Coin Values have valued such a coin in prime condition at over £1,900.

They added: "The retail value of a 1919 (Kings Norton Mint) UK penny can range from £7 to over £1,900, depending on grade, condition, desirability, and demand."