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1917 Australia One Penny – King George V

$110.00 AUD

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SKU: 1P121917-15B Category:
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Minted in Calcutta during the First World War this coin has survived in very good shape.

In this year Australia finally got connected when the two halves of the trans-Australia rail line finally linked up.

It will add value to any collection as a key date coin.

Please see the pictures and judge for yourself.

SKU

Year

Denomination

Approx. Grade

Design

1911-1936 All One Penny coins in this period were as follows.

Diameter 30.8mm

Weight 9.45grams

Edge – Plain

Bronze composition: 97% copper, 2.5% zinc, 0.5% tin.

Obverse: Has a portrait of King George V by Sir Edgar B. Mackennal

Reverse: The words „ONE PENNY“ within a circle designed by W.H.J Blakemore

History

The Australian Penny was a coin of the Australian pound used in the Commonwealth of Australia prior to decimalisation in 1966. It was worth one twelfth of an Australian shilling and 1/240 of an Australian pound. The coin was equivalent in its dimensions, composition and value to the British penny, as the two currencies were fixed at par. The coin was first introduced in 1911, and stopped being minted in 1964, with the introduction of decimalisation. When decimalisation happened on 14 February 1966, the coin value was equal to 0.8333¢.

The obverse of the coin featured the reigning Australian monarch. Three were featured: George V, George VI and Elizabeth II. All of the pennies featuring George VI and Elizabeth II had a kangaroo on the reverse. The same image was on the Australian half-penny and has since been included on the dollar coin and the bullion silver kangaroo.

There were in total 5 varites of One Penny coins minted between 1911 and 1966 when decimalisation occured.

Mints: H – Birmingham M – Melbourne S- Sydney L- London

Mint Marks: H – Ralph Heaton Birmingham I – India

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