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The most valued example of the penny is the 1930. No coins were ordered for production in 1930 however it is believed some experimental work was done to produce better pennies. The good coins produced from the experiment were released with the 1931 coins. It is unknown how many 1930 coins were actually produced but there is believed to be some 1500 coins still in existence today. The fame associated with this coin is responsible for it’s high value.
Some rare examples of the penny include
- · the 1920 variety made using the London obverse die with a dot over the lower scroll, only three coins are known to exist.
- · 1931 penny with Calcutta obverse and London reverse, known as “Indian die, dropped one variety”. Only 20 specimens known to exist
- · 1930 penny struck with the London obverse. Only 2 authenticated but more are known to exist.
Example Values of the Penny
The following prices are for some of the most sought after penny coins. Coins minted in other years are also of value, those listed below are simply the “cream of the crop”. These prices are only a guide to possible marketplace values. There will be fluctuations in the actual marketplace. Prices will also vary depending on the condition of the coin. Some years show a range of values due to a number of variations in dies being used in that year. All values are listed in Australian dollars.
|
Year
|
Average Condition
|
Uncirculated Condition
|
|
1911
|
1
|
375
|
|
1912
|
1.50
|
525
|
|
1913
|
1.50
|
775
|
|
1914
|
7.50
|
1900
|
|
1915
|
5
|
1600
|
|
1918
|
10
|
2500
|
|
1919
|
1-80
|
525-4500
|
|
1920
|
10-50
|
1500-8000
|
|
1922
|
2
|
850-1000
|
|
1925
|
100
|
20000
|
|
1926
|
2
|
1400
|
|
1929
|
1
|
1000
|
|
1930
|
27500
|
225000
|
|
1931
|
1
|
1500
|
|
1940
|
1-5
|
150-2500
|
|
1942
|
1-5
|
50-600
|
|
1946
|
50
|
1750
|
|
|
