Coin Gibraltar 1 Penny - Charles III - Coronation - 2024

This coin is a 1 Penny minted for Gibraltar, a British Overseas Territory. It falls into the category of circulating coins and was issued during the reign of Charles III, between 2023 and 2024.

The coin is made of copper-plated steel, giving it a specific color and texture. It weighs 3.56 grams and has a diameter of 20.30 millimeters. Its general shape is round, typical of coins.

The obverse of the coin features an uncrowned head of King Charles III, facing left. A Latin legend surrounds the portrait, including the denomination of the coin. The date of issue, 2023, is inscribed below the portrait. The full inscription is: CHARLES · III · KING OF GIBRALTAR · ONE PENNY · 2023 ·. The engraver of this face is Raphael David Maklouf.

The reverse of the coin features the cypher of King Charles III, surmounted by a crown. The face value of the coin is 1 penny, and it is part of the decimal pound currency, in effect since 1971. The value of 1 penny is equivalent to 0.01 Gibraltar pound, which is approximately equivalent to 0.011 euro.