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1918 Australia One Penny - King George V
This coin with "I" mint mark minted in Melbourne.
This year at the end of World War One had an extremely low mintage of only 1.2 million coins due to the shortage of metals.
This meant that only about a quarter of a normal years production was made.
A very nice example and key date coin and a great addition to any collection.
Please judge for yourself the worth of this magnificent coin.
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
1911-1936 All One Penny coins in this period were as follows.
Weight 9.45 grams
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