Blue Sheet > Australia> Commonwealth Coinage> One Penny> George VI> Type II

Penny


George VI Type II (1949 - 1952)

The Kangaroo design continued into this type, however after the independence of India in late 1947, 'IND IMP' needed to be omitted from the obverse legend however it wasn't until 1949 that this was done. The obverse stills features an uncrowned bust of King George VI facing to the left however the legend changed to, 'GEORGIVS VI D : G : BR : OMN : REX FIDEI DEF.' ('George VI, by the grace of god, Ruler and King of Britain, Defender of the Faith') and was used up until the end of George VI's reign in 1952.

The series is relatively easy to complete however the Perth mint issues, the 1950-Y, 1951-Y and 1952-A are quite difficult to find in mint state especially if sought with a good strike. Type set collectors would best aim for 1951-PL which is almost always well struck up and unlike its silver counterparts of higher denominations, the surfaces tend to be in a lot better condition permitting higher grades.

The Perth mint struck pennies in all years from 1950 onwards which is signified by a dot after the 'Y' of 'PENNY' or a dot after the 'A' of 'AUSTRALIA' in the case of the 1952. In 1951 the London mint helped strike the mintage for the year with the mintmark 'PL' after 'PENNY'. Coins sans a mintmark were struck at the Melbourne mint.
 
Contents
Reverse Designer
George Kruger Gray
Obverse Designer
Thomas H. Paget
Weight
9.45 grams
Size
30.8 mm
Composition
97.00% Copper
2.50% Zinc
0.50% Tin
Bullion Value
Reverse
Reverse

Obverse
Obverse

Business Strikes
Coin Mintage Average Circulated
1949 27,064,800 10¢
1950 36,358,800 10¢
1950-Y 21,488,000 10¢
1951 21,240,000 10¢
1951-PL 18,000,000 10¢
1951-Y 12,888,000 10¢
1952 12,408,000 10¢
1952-A 45,514,000 10¢

Proof Strikes
Coin Mintage Typical Handled
1949 Proof Unknown RARE
1950-Y Proof 15 RARE
1951-PL Proof Unknown RARE
1951-Y Proof 14 RARE
1952 Proof Unknown RARE
1952-A Proof 15 RARE

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The values listed here are for average examples of the date. Coins in better condition will be worth many times the values listed here. For example, an average 1911 florin is worth around $50, but in choice uncirculated condition is worth about $15,000! To view valuations in higher grades, please click here to subscribe.




Current Auctions
Australia George VI - 1949 Penny Instant: $110.00
Lot 1672 PCGS MS64RB 2 days
Walter Eigner Numismatics
Location: Canberra, ACT
Member Since: Aug-2010
Australia George VI - 1950 Penny Current Bid: $3.04 (4 bids)
Estimate: $32 - $42
Lot 1678 PCGS MS63RB 11 days
Walter Eigner Numismatics
Location: Canberra, ACT
Member Since: Aug-2010
Australia George VI - 1952 Penny Current Bid: $30.50 (5 bids)
Estimate: $65 - $90
Lot 1776 PCGS MS63RD 11 days
Walter Eigner Numismatics
Location: Canberra, ACT
Member Since: Aug-2010
Australia George VI - 1952 Penny Current Bid: $1.00 (1 bid)
Estimate: $20 - $26
Lot 1701 Uncertified Uncirculated 11 days
Walter Eigner Numismatics
Location: Canberra, ACT
Member Since: Aug-2010

Glossary
  • legend - The inscription around the inner edge of the coin
  • mint state - A state of a coin that shows no signs of circulation
  • mintmark - A marking, usually a letter or dot that signifies which mint struck a particular coin
  • obverse - The heads side of the coin

Numismatic Glossary - View the full glossary of numismatic terms.

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