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

1921 Penny



A total of 7,438,320 pennies were struck in 1921 at Australian mints making the year one of the most common in the series. The Melbourne mint produced 7,292,160 pennies during the year while the Sydney mint produced 146,160 pennies (Coin Web, 2007) in January of 1921. Considering that the Sydney mint had not yet received 1921 reverse dies by January, it can be inferred that the Sydney 1921 mintage consisted of coins dated 1920 leaving a mintage figure of 7,292,160 for 1921.

The 1921 is a very common year in lower grades but sourcing the coin in better condition will prove to be quite a challenge. In mint state the coin is anything but common with a fewer than 5 appearances per year of genuine mint state coins. Nevertheless, the coin is available right up to MS65 (PCGS Population Report, 2011) so the keen collector certainly has the chance of filling this hole with a choice coin, finding such a coin for an affordable price however, would be nothing short of impossible.

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Contents
Mintage
Notes about Mintage

  • 146,160 were struck in January at the Sydney mint bearing the date 1920 leaving a mintage of 7,292,160
  • 7,438,320
    Reverse Designer
    W. H. J. Blakemore
    Obverse Designer
    Sir E. B. MacKennel
    Size
    30.8 mm
    Composition
    97.00% Copper
    2.50% Zinc
    0.50% Tin
    Bullion Value
    1921 George V Penny
    Reverse

    1921 George V Penny
    Obverse

    Valuation
    Typical Handled: $2  
    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
    • die - A cylindrical punch with an inverted impression of a coin's design used to strike the coin
    • 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
    • reverse - The tails side of the coin

    Numismatic Glossary - View the full glossary of numismatic terms.

    References

    References - View full bibliography

    Index