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Australia George VI

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1940 One Penny

Mintage:4,075,200
Mint:Melbourne Monarch:George VI Reverse Designer:George Kruger Gray Obverse Designer:Thomas H. Paget Size:30.8mm Weight:9.45g Edge:Plain Composition:97% Copper
2.5% Zinc
0.5% Tin

Values

Sales History

In 1940 the Australian Penny was struck at both the Melbourne and Perth branches of the Royal Mint. The Melbourne Mint piece features no mint-mark while the Perth Mint piece can be differentiated by a small dot between 'KG' - the designers initials, which are located on the right of the reverse . The Melbourne Mint produced 4,075,200 pieces which was substantially larger than the 1,113,600 pieces struck at the Perth Mint. As a result the Melbourne variety is reasonably affordable in circulated grades, only becoming somewhat valuable in mint-state.

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