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Message:: [QUOTE="Collect89, post: 1773052, member: 15445"]This coin type is commonly called the "cartwheel". The rims can easily be dented if the coin is dropped. Dented rims are common & lower the collector value. The grade is "Good". You can look up the Great Britain 1797 (1 penny or 2 penny) on the Internet to find recent prices. My catalogs do not list prices for the condition "good". If it were a couple grades higher, my catalog lists 5 British pounds for the 1 penny and 15 British pounds for the 2 penny in "fine" condition. Therefore, your coin would retail for significantly less I think. You can search "1797 penny" at CoinTalk to find threads further describing this coin.[/QUOTE]