Blue Sheet > Australia> Commonwealth Coinage> Half Penny> George V > 1924 Half Penny

1924 Half Penny



The 1924 is one of the key dates of the half penny series due in part to its low initial mintage of 681,600. While in lower grades the coin can be readily obtained and still occasionally found in virgin hoards, in mint state it is very rare with probably fewer than 20-25 examples known.

The type is typically well struck up with 8 pearls visible even at the AU50 level and occasionally down in the XF40-45 level, a testament to the maturing half penny production line at the Melbourne mint, but due to the extensive circulation they underwent during the roaring 20's, that is generally the highest grade one can readily obtain. While the coin's rarity in mint state is generally well known, it wasn't long ago that the date was considered on par with the 1930 (Learn more about the 1930 Half Penny) and 1931 (Learn more about the 1931 Half Penny) half pennies and while its price has certainly appreciated much faster, some collectors argue that it is still indeed undervalued.

In 1924 the Melbourne mint struck proof half pennies (Learn more about the 1924 Proof Half Penny) as part of a 6 coin set to present at the British Empire Exhibition in London in 1924.

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Contents
Mintage
681,600
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
1924 George V Half Penny
Reverse

1924 George V Half Penny
Obverse

Valuation
Typical Handled: $8  
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.  

Glossary
  • key date - A difficult date to acquire in any grade, hence being the key to a series
  • 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
  • proof - A coin struck from specially prepared dies to strike a superior quality coin not intended for circulation
  • virgin hoard - A hoard not yet searched for key dates or varieties

Numismatic Glossary - View the full glossary of numismatic terms.

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