1925 Penny

The 1925 penny is a

Key date

A difficult date to acquire in any grade, hence being the key to a series

 

key date of the penny series, after Australia's glamor coin, the 1930 penny (Learn more about the 1930 Penny). A total of 117,600 pennies were struck at the Melbourne

Mint

a facility that produces coins

 

mint that year, along with 832,000 pennies at the Sydney

Mint

a facility that produces coins

 

mint indicating a total

Mintage

The number of coins struck of a particular designation

 

mintage of 949,600 coins. The soon to close Sydney

Mint

a facility that produces coins

 

mint however, struck pennies that year using 1924 dies and consequently only 117,600 pennies were struck with the date of 1925 (Triton Technologies International Ltd, 2001) making it the 2nd scarcest

Business strike

A coin struck for circulation

 

business strike penny (aside from

Variety

A coin which features a slightly different design from that which is normally seen

 

varieties).

The 1925 penny is keenly sought after in all grades due to the popularity of assembling penny sets but in recent times has enjoyed much stronger demand brought about by speculating collectors hoarding the date in order to benefit from collectors eventually needing to source the date to help complete their collections.

While 1925 pennies do appear at auction described as bring uncirculated several times per year, very few of these coins are actually able to be certified at the

Mint state

A state of a coin that shows no signs of circulation

 

mint state level and in general either no grade for cleaning, or slab at the AU55-58 level. Consequently they are highly sought after in

Mint state

A state of a coin that shows no signs of circulation

 

mint state slabs with PCGS only having certified two examples (PCGS Population Report, 2010).

With such a low

Mintage

The number of coins struck of a particular designation

 

mintage and having been struck at a single

Mint

a facility that produces coins

 

mint, the likelihood of

Variety

A coin which features a slightly different design from that which is normally seen

 

varieties existing is very low. Despite this, one

Variety

A coin which features a slightly different design from that which is normally seen

 

variety has been sighted which involves a broken second 'N' in 'PENNY' (Triton Technologies International Ltd, 2001). This is most likely some form of

Die fill

Filling of a device on the die with residue, usually oil from die cleaning, causing parts of the design not to be complete when the coin is struck

 

die fill which occurs in later strikes and consequently only commands small premiums in lower grades.


In 1925 the Melbourne mint also produced a

Proof

A coin struck from specially prepared dies to strike a superior quality coin not intended for circulation

 

proof penny (Learn more about the 1925 Proof Penny).

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