Blue Sheet > Australia> Commonwealth Coinage> Half Penny> George V > 1921 Half Penny

1921 Half Penny



The 1921 half penny is one of the easiest half pennies of George V which is certainly reflected in its value. This is due to its relatively high initial mintage of just over 5 and a quarter million coins, but in higher grades this is assisted by the surfacing of at least two bank rolls creating some supply of mint state examples.

The date is available right up to MS65 and sales at the $500-600 level as of 2010 make this coin an affordable type coin in higher mint state grades. Like the other Sydney mint issues in 1919 (Learn more about the 1919 Half Penny), 1920 (Learn more about the 1920 Half Penny) and 1922 (Learn more about the 1922 Half Penny), the 1921 often suffers from a central strike weakness precluding higher grades.

Strike weakness on N of ONE
Strike weakness on N of ONE

The most common strike weakness affects the N of ONE as in the above illustration.

Strike weakness on E of ONE
Strike weakness on E of ONE

Sometimes the strike weakness is off center and affects the E of ONE as in the above illustration. This is usually paired with a peripheral die crack as is also shown in the above illustration. This is usually paired with a strike weakness on the opposite position obverse as in the below illustration.

Softly struck 1921 half penny
Softly struck 1921 half penny

This strike weakness, paired with the reverse peripheral die cracking, usually affects the cheek of his majesty King George V, the 2nd set of pearls and his eye brow.

Rim impression above ALF of HALF
Rim impression above ALF of HALF

Another commonly seen strike variety is an impression of a rim above ALF of HALF on the reverse. These tend to command a small premium in lower grades.

The numerous striking varieties of the 1921 half penny show the failing equipment of the aging Sydney mint which had been operating for 66 years, and was due for closure in just 5 more years.

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Contents
Mintage
5,280,000
Reverse Designer
W. H. J. Blakemore
Obverse Designer
Sir E. B. MacKennel
Size
25.5 mm
Composition
97.00% Copper
2.50% Zinc
0.50% Tin
Bullion Value
Image
Reverse

Image
Obverse

Valuation
Typical Handled: $1  
This valuation represents a typical handled example of the coin. Coins in better condition will command a substantial premium over the listed price. 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 V - 1921 Half Penny Current Bid: $215.00 (7 bids)
Estimate: $380 - $500
Lot 1391 PCGS MS64RB 19 days
Walter Eigner Numismatics
Location: Canberra, ACT
Member Since: Dec-2009

Glossary
  • bank roll - A common means of distributing coins where a bank would roll coins before distributing them to branches or customers
  • central strike weakness - A weak strike around the centre of the design caused by a lack of concavity in the dies relative to strike pressure.
  • die crack - A crack on the die which produces a raised line on the die it produces, or on the coins it strikes
  • mint - a facility that produces coins
  • mint state - A state of a coin that shows no signs of circulation
  • mintage - The number of coins struck of a particular designation
  • obverse - The heads side of the coin
  • reverse - The tails side of the coin
  • rim - The edge around a coin, often with beading or denticles
  • type coin - A coin chosen to represent a series in a type set, usually for cost or quality reasons
  • variety - A coin which features a slightly different design from that which is normally seen

Numismatic Glossary - View the full glossary of numismatic terms.

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