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Australia George V

1931  Half Penny reverse 1931  Half Penny obverse

1931 Half Penny

Mintage:369,600
Reverse Designer:W. H. J. Blakemore Obverse Designer:Sir E. B. MacKennel Size:26mm Weight:5.67g Edge:Plain Composition:97% Copper
2.5% Zinc
0.5% Tin

Values

Sales History

The 1931 half penny has the lowest official mintage 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 mintage 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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