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Penny Values

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Pillar of the Community
trout1105's Avatar
Australia
7096 Posts
 Posted 07/09/2011  6:45 pm Show Profile   Bookmark this topic Add trout1105 to your friends list Get a Link to this Message Number of Subscribers
Just a question to all the penny collectors.
Why is it that the 1925 penny is at a high value when the 1931 penny had a smaller mintage?
1925 949600 minted
1931 494400 minted
It seems a little strange that the 1925 issue has 25 times the value of the 31


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Australian coin's Avatar
Australia
1244 Posts
 Posted 07/09/2011  11:09 pm  Show Profile   Bookmark this reply Add Australian coin to your friends list Get a Link to this Reply
Hmm...
Unsure where you got your mintages from.
Australian coins and banknotes by Greg McDonald
Penny
1925 -- 117,000
1931 -- 494,000
& Coins and Banknotes of Australia
Penny
1925 -- 117,240
1931 -- 494,000

Yes the 1925 Penny is pricy
They usually sell for $100+ on ebay, and the cheapest one that I did see one sell for $45! Only because it was described as been run over by a bus... It was really mangled.
Edited by Australian coin
07/09/2011 11:15 pm
Pillar of the Community
trout1105's Avatar
Australia
7096 Posts
 Posted 07/10/2011  5:39 pm  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply
I got the numbers from the blue sheet.
I have just started collecting pennys.
I have got all the dates from 1911 to 1964 (except the 1930 of course).
I thought that I had them all then I found out that there are hundreds of variations for diferant dates.
MAGIC now I can have some fun tracking down the ones I don't have.
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Australian coin's Avatar
Australia
1244 Posts
 Posted 07/10/2011  10:42 pm  Show Profile   Bookmark this reply Add Australian coin to your friends list Get a Link to this Reply
he he, had a look at blue sheets site and I can see what is going on.

http://www.bluesheet.com.au/Austral...ny/George_V/

The mintage link is in blue, and says the wrong number. (But) when you click on it, it then comes up with the proper mintage message!

It is always good to have a look at a few different sites to make sure you get a good coverage of info.

Good luck and happy coin collecting :)
There are heaps of different errors and variations to make your head spin.
Basic that I know is there wasn't really a 1937 mintage,
Coins could have different mint.
And 32/33 over date.
Pillar of the Community
trout1105's Avatar
Australia
7096 Posts
 Posted 07/11/2011  04:34 am  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply
Here"s what I have collected so far.
Can you see the holes I need to fill?
I can't afford a 1930 penny so don't mention that.

KGV Obverse (1911-1936), 1911, 1912-H, 1913, 1914, 1915, 1915-H, 1916-I, 1917-I, 1918-I, 1919, 1919//, 1920, 1920//, 1921, 1922, 1923, 1924, 1925 x2,1926, 1927, 1928, 1929, 1931 (Dropped 1 variety), 1932, 1933,1933 over date, 1934, 1935, 1936, KGVI Obverse (1938-1948), 1938, 1939, 1940, 1940-K.G, 1941, 1941-K.G, 1941-Y., 1942-Y., 1942-I, 1943, 1943-Y., 1943-I, 1944, 1944-Y., 1945-Y.,1946, 1947, 1947-Y., 1948, 1948-Y., KGVI Obverse (1949-1952), 1949, 1950, 1950-Y, 1951, 1951-Y., 1951-PL, 1952, 1952-A., QEII Obverse (1953), 1953, 1953-A., QEII Obverse (1955-1964), 1955, 1955-Y., 1956, 1956-Y., 1957-Y., 1958, 1958-Y., 1959, 1959-Y., 1960-Y., 1961-Y., 1962-Y., 1963-Y., 1964, 1964-Y.
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wwwww's Avatar
Australia
541 Posts
 Posted 07/14/2011  12:26 pm  Show Profile   Bookmark this reply Add wwwww to your friends list Get a Link to this Reply
The Melbourne mint produced 117,600 pennies in 1925 with the London obverse, the Sydney mint produced 832,200 pennies with the Indian obverse indicating a total figure of 949,800 pennies produced in 1925. No 1925 pennies are known with the Indian obverse - it's likely that they were produced with a different dated reverse.
Pillar of the Community
Australia
852 Posts
 Posted 07/15/2011  07:38 am  Show Profile   Bookmark this reply Add nealeffendi to your friends list Get a Link to this Reply
Trout, try a site like Jon Saxton's Triton.vg. Lists all the die pairings. You have a good coverage of the dates but you are missing the English/Indian obverses (1920, 21, 22, 24, 27, 29, 31); the mules of 1955-56; the date varieties (1913, 14, 15, 19, 22, 32, 53, 55, 57); the 42I missing I; the 43I long denticles and the dot varieties (1919-20).
Then you can have fun collecting the thousands of different variety coins.
The figure of 494,000 for 1931 is wrong; around a million plus according to Mullett.
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