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Australia George V

1932  Half Penny reverse 1932  Half Penny obverse

1932 Half Penny

Mintage:2,553,600
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 1932 half penny, while an easy date to acquire in circulated grades, is one of the scarcest dates of the 1930s in mint state, especially if sought with original mint brilliance. While its mintage of about 2.5 million may be out shadowed by the sub million mintages of 1930 and 1931 it is by no means as common as the 1933-36 range of half pennies. With the Great Depression peaking in Australia, the deflationary nature of the economy at the time ensured that very few people could afford to hoard coins. This limited the number of mint state examples available of the 1932 half penny although being dated towards the end of the series made it subject to hoarding in subsequent years - these however, would rarely have graded in mint state. The year is almost always well struck up and uncirculated examples tend to average around MS64. In 1932 the Melbourne mint also produced a proof of record strike.

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