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Is this 1971 Queen Elizabeth II 1 pence rare and expensive? Hello, today we will talk about the famous 1 pence coin of the year 1971 Queen Elizabeth II. This coin, which is currently very valuable to coin collectors and is currently considered very rare. How rare is 1 new pence 1971? Produced between 1971 and 1981, the coins feature the phrase "new penny", which has been used on all 1-pence coins, is currently on some sites for $25,000 and up to $50,000, and is described as "extremely rare." Currently on eBay, it is offered at a price of about $2000, as well as $900 and $700. But the truth is that the price of this piece is determined according to the law of supply and demand, as well as the condition of the piece, whether it is good or not, and whether much of it is on display. On the whole, this piece remains a favorite among collectors of antiques, and has great value.