Blue Sheet > Australia> Commonwealth Coinage> Half Penny> George V > 1934 Half Penny

1934 Half Penny



The 1934 half penny is one of the more common dates in the series but one should not underestimate how difficult the coin is to acquire in MS64 and higher. The coin typically suffers from surface hairlines which tend to preclude higher gradings and it is the only year of the 1930s that is occasionally struck up with missing detail. The cause here isn't a weak strike however, but rather from details being polished off the dies.

Missing detail on a 1934 half penny
Missing detail on a 1934 half penny

The reason for this exception is because in 1934, the Melbourne mint for the first time began to mass produce commercial proofs - this required the repeated polishing of the dies resulting in the eventual erosion of detail. By the time these dies had finished producing the proof strikes and were sent to work on the standard production line, they had lost much of their finer detail, which shows on the circulation strikes.

The date can at times also suffer from a soft N of ONE in the form of a central strike weakness displaced upwards as typical for George V half pennies due to the uneven distribution of metal of the obverse design.

Soft N of ONE
Soft N of ONE

This is caused by the lack of concavity in the proof die needed to produce mirror finish of the proof strike being paired with the low pressure standard production line.

In 1934 the Melbourne mint also produced the first commercial proof half penny (Learn more about the 1934 Proof Half Penny).

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Contents
Mintage
3,816,000
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
1934 George V Half Penny
Reverse

1934 George V Half Penny
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 - 1934 Half Penny Current Bid: $1.10 (2 bids)
Estimate: $40 - $50
Lot 1744 Uncertified about Uncirculated 11 days
Walter Eigner Numismatics
Location: Canberra, ACT
Member Since: Aug-2010

Glossary
  • 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.
  • commercial proof - A proof coin produced with the intention of being sold to the general public
  • die - A cylindrical punch with an inverted impression of a coin's design used to strike the coin
  • mint - a facility that produces coins
  • mirror finish - The state of a coin finished with a naturally reflective appearance
  • obverse - The heads side of the coin
  • proof - A coin struck from specially prepared dies to strike a superior quality coin not intended for circulation
  • surface hairlines - Fine surface marks caused by other coins scraping against them

Numismatic Glossary - View the full glossary of numismatic terms.

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