This William IV penny was minted during the reign of King William IV from 1830 to 1837, representing a significant period in British coinage history. Struck in 1834, this coin is part of a series designed by the renowned engraver Thomas Braithwaite.

The obverse of the coin features a youthful portrait of King William IV, adorned with a laurel wreath, a symbol of victory and honor. This depiction is designed to convey a sense of approachability and modernity, was a departure from the more formal representations of previous monarchs. The inscription reads "WILLIAM IV KING OF THE BRITISH," reflecting the unification of the kingdoms under his rule.

On the reverse, the design showcases the iconic figure of Britannia, a personification of Britain, standing proudly with a trident and shield, flanked by the words "ONE PENNY" and the date "1834." 

The William IV penny was minted during a time of political and social change in Britain. His reign witnessed significant reform, including the expansion of the electoral franchise and the movement towards the abolition of slavery. The penny itself was integral to everyday commerce, reflecting the growing industrial economy of the time. 

The coin is typically made from bronze, which replaced the earlier copper coins in an effort to improve durability and reduce wear.