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Australia George V

1925  Penny reverse 1925  Penny obverse

1925 Penny

Mintage:949,600
Only 117,600 pieces were dated 1925, the rest were dated 1924
Reverse Designer:W. H. J. Blakemore Obverse Designer:Sir E. B. MacKennel Size:31mm Weight:9.45g Edge:Plain Composition:97% Copper
2.5% Zinc
0.5% Tin

Values

Sales History

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The 1925 penny is a key date of the penny series, after Australia's glamour coin, the 1930 penny. A total of 117,600 pennies were struck at the Melbourne mint that year, along with 832,000 pennies at the Sydney mint indicating a total mintage of 949,600 coins. The soon to close Sydney Mint however, struck pennies that year using 1924 dies and consequently only 117,600 pennies were struck with the date of 1925 (Triton Technologies International Ltd, 2001) making it the 2nd scarcest business strike penny (aside from varieties ).

The 1925 penny is keenly sought after in all grades due to the popularity of assembling penny sets but in recent times has enjoyed much stronger demand brought about by speculating collectors hoarding the date in order to benefit from collectors eventually needing to source the date to help complete their collections. While 1925 pennies do appear at auction described as bring uncirculated several times per year, very few of these coins are actually able to be certified at the mint state level and in general either no grade for cleaning, or slab at the AU55-58 level. Consequently they are highly sought after in mint state slabs with PCGS only having certified two examples (PCGS Population Report, 2010) .

With such a low mintage and having been struck at a single mint, the likelihood of varieties existing is very low. Despite this, one variety has been sighted which involves a broken second 'N' in 'PENNY' (Triton Technologies International Ltd, 2001) . This is most likely some form of die fill which occurs in later strikes and consequently only commands small premiums in lower grades.

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