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1934 Proof Half Penny



The 1934 proof half penny was issued along side the other 1934 denominations at the request of New Zealand dealer H. G. Williams (Verheyen, T, V, 2009). A total of 50 pieces of each denomination were ordered (Verheyen, T, V, 2009) which is believed to be the entire mintage figure, most of which were sold to American collectors.

The coin can be characterised by a moderately reflective mirror finish on the reverse and a semi-matte, semi-reflective finish on the obverse. The strike should be strong with well defined and even rim beading. Be careful of proof-like strikes which bear similar characteristics, having been struck from the same dies - these however, tend to exhibit a central strike weakness due to the lack of concavity of the proof dies paired with the low strike pressure of the working press.

The proof strike does however exhibit some striking weakness on the beads, above the 4 in the date and the vertical pearls in George V's crown as in the illustrations below:

Weak reverse beadingWeak vertical pearls
Weak reverse beadingWeak vertical pearls


The proof strike also exhibits strong horizontal die polishing striations across the reverse as is visible in the illustration below:

Die polishing striations on the reverse of a proof 1934 half penny
Die polishing striations on the reverse of a proof 1934 half penny

Note the horizontal lines left of the H in HALF and through the gaps between the letters of PENNY.

While tending to be cheaper than the 1934 proof penny (Learn more about the 1934 Proof Half Penny), the half penny is at least equally scarce and alongside the penny, much scarcer than the silver denominations especially if desired in higher grades.

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Contents
Mintage
50
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: $14K  
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
  • 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 - A cylindrical punch with an inverted impression of a coin's design used to strike the coin
  • die polishing striations - Raised lines on the surface of a coin caused by abrasive polishing of the die that struck it
  • mintage - The number of coins struck of a particular designation
  • 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
  • proof-like - A coin that resembles the appearance of a proof coin of the same type, often resulting from being struck from the same dies
  • reverse - The tails side of the coin
  • rim beading - Beads or denticles around the rim of a coin

Numismatic Glossary - View the full glossary of numismatic terms.

References
  • Verheyen, T, V, 2009. 'Henry George Williams - A Pioneer in the Commercialization of Australian Pre-decimal Proof Coinage'. The Australasian Coin and Banknote Magazine - Volume 11, Number 11. pp 36-43

References - View full bibliography

Links

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