Blue Sheet > Australia> Commonwealth Coinage> Half Penny> George V > 1931 Half Penny

1931 Half Penny



The 1931 half penny has the lowest official mintage of the half penny series with a mere 369,600 pieces being produced. This low demand for circulating currency was due to reduced need brought about by the Great Depression. While this low mintage has resulted in the date being scarce in lower grades, in lower mint state grades the date is relatively easy to acquire, not much scarcer than later years. In MS64 and above however, the date becomes very scarce and investors should therefore aim for a minimum MS64 grading for this date.

The date is usually well struck up though coins in mint state holders are usually pieces that have endured some circulation and thus usually exhibit surface hairlines and light friction. Obtaining the date free of such defects is quite a challenge and the reason the date is so scarce in MS64 and higher.

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Contents
Mintage
369,600
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
1931 George V Half Penny
Reverse

1931 George V Half Penny
Obverse

Valuation
Typical Handled: $6  
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 - 1931 Half Penny Current Bid: $305.00 (8 bids)
Estimate: $650 - $875
Lot 1705 PCGS MS63BN 11 days
Walter Eigner Numismatics
Location: Canberra, ACT
Member Since: Aug-2010

Glossary
  • friction - Wear that has not flatted the detail, usually caused during the minting process and therefore acceptable in mint state
  • mint state - A state of a coin that shows no signs of circulation
  • mintage - The number of coins struck of a particular designation
  • surface hairlines - Fine surface marks caused by other coins scraping against them

Numismatic Glossary - View the full glossary of numismatic terms.

Index