Mintage:369,600 Reverse Designer:W. H. J. BlakemoreObverse Designer:Sir E. B. MacKennelSize:26mmWeight:5.67gEdge:PlainComposition:97% Copper 2.5% Zinc 0.5% Tin
The 1931 half penny has the lowest official
of the half penny series with a mere 369,600 pieces being produced. This low demand for circulating currency was due
to reduced need brought about by the Great Depression. While this low
has resulted in the date being scarce in lower grades, in lower mint state grades the date
is relatively easy to acquire, not much scarcer than later years. In MS64 and above however, the date becomes very scarce
with just three coins graded by PCGS above MS64.
Population Report, 2014)
The date is usually well struck up though coins in mint state holders are usually pieces that
have endured some circulation and thus usually exhibit surface hairlines and light
friction. Obtaining the date free of such defects is quite a challenge and the reason the date is so scarce in
MS64 and higher.
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