One Penny

Posted : admin On 3/18/2022

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Australian Pennies

You’ve found a bunch of old brown coins hidden away or in a drawer and you’re wondering if they’re worth anything?

Do Australian Pennies Have any Value?

The tails side of an Australian Penny either says “Commonwealth of Australia” and “ONE PENNY” or shows a kangaroos facing left with AUSTRALIA above and PENNY below. On the head side we might see the Kings George V, VI or Queen Elizabeth II. The Australian Penny was issued with the dates 1911 to 1964 and the diameter should be 30.8 millimeters. Aussie pennies should weigh 9.45 grams, but this can vary by up to half a gram and a worn coin that’s been in many pockets would typically weigh less.

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So What are the Valuable Australian Pennies?

There are three key dates to look out for when looking through Australian Pennies and trying to work out their value.

1930 penny -number minted 1,200 coins. Value $10,000+ (View 1930 Pennies on eBay)

The 1930 penny is not only the best known Australian penny, it’s almost certainly the best known Australian rare coin. It also happens to be one of the most valuable Australian pennies. It’s very unlikely that you’d find one of these. However, if you do find a penny dated 1930 and your coin doesn’t say Commonwealth of Australia but features a lady sitting on a rock facing to the right of the coin and holding a trident then it’s a British 1930 penny. These are often used to fill a hole in a set of pennies. By the way, that lady on the rock? That’s Britannia, the female representation of Great Britain.

1925 penny -number minted 117,000 coins. Value $100 + (View 1925 Pennies on eBay)

1946 penny -number minted 363,000 coins. Value $50 + (View 1946 Pennies on eBay)

The other two “keydate” Australian pennies that you might find are the 1925 and 1946 penny. The 1925 has the Commonwealth of Australia design on the tails side, while the 1946 penny has a kangaroo on the tails side. Both are well worth looking for.

1933/2 overdate penny. Value $20+ (View 1933/2 Pennies on eBay)

If you’ve picked out all the 1933 pennies, you’ll need to look very closely at the last 3 in the date and you’ll probably need some sort of magnifying glass or loupe. If, beneath the 3 it looks to have a curve at the top that might have once been a 2, then you could have found an overdate. Read more about overdates here.

Beware of Fakes

Penny

There are many fake or counterfeit coins bearing these dates so if you do find a valuable penny then you’ll need to have it evaluated by an expert. A good coin dealer can determine if it’s genuine and grade your coin. Sometimes they’ll do this for free, other times they may charge a small fee to do so.

Look for Penny Varieties

There are also some varieties to look out for and if you’re keen to know more you should pick up an Aussie coin catalogue or head to your local library and borrow a coin book to read up on what to look out for.

Grading and Storing your Pennies

To more accurately determine the value of your Australian penny you should be aware it’s ALL about condition. A bright orange/red coin with full design details present that looks as good as the day it left the Mint will be worth considerably more than an old brown worn penny. Pennies are made from bronze and left the Mint looking a bight orange/red. They’ve turned brown over the years with exposure to the environment which is called toning.

But don’t be tempted to clean your pile of pennies, this will significantly reduce their value.

Giving them a brighten up with a soak in Coca Cola or a polish up with Brasso is a huge no-no. Coin collectors and dealers can tell immediately if a coin has been cleaned and this will dramatically reduce the value of your penny.

You can look out for pennies with green spots, this is called verdigris and is a kind of copper cancer which will spread. Any coins you find with this green verdigris present should immediately be removed to a quarantine bag so it doesn’t spread to the other coins.

If you’re not a coin collector and don’t have the proper coin storage accessories then a polypropylene bag such as a food grade zip lock bag will be adequate to store your coin horde in.

Keep in mind the more the coins jostle about together the more worn they become so any better looking coins might best be stored in their own bag.

So what’s the value of this pile of Australian pennies?

Now that you’ve removed the key date coins and any that need further investigating or quarantining, what’s left? A pile of bronze. If you take those to a coin dealer then you’ll probably be offered a price per kilo or perhaps a small price per coin for your pennies..

One penny doubled for 30 days
Posted in Collecting Coins Tagged with: coins, value

Offers Assisted Living

1 Review
Woodruff
54568
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jw545482012-11-19When I first went to visit my great grandmother at the assisted living facility of One Penny Place, the staff was very friendly and kindly explained to me the location of her room. Once I got to her room it was filled with her possessions that she had brought from her home, and was able to decorate in any way that she would like. She was being given her medicine by employee that she receives everyday at the same time along with her meal. All residents at this facility are able to choose how many meals they would like to receive during the day; my grandmother has chosen to only receive dinner. Guests are allowed for the residents freely until the time of 4:00 in the afternoon, after this time they would have to ring the bell of the appropriate resident, where they let you in. They are able to roam freely around the facility, which has a library as well as an area that in afternoons is used for bingo or card games, etc. There is also a 'dining room' that is commonly reserved for dining when a resident would like to gather with all of their family. There is also a room where the residents are able to use computers for whatever purpose they desire. A feature in the facility that I found was very interesting was that outside of each residents room there is a little table beside the door. On these tables are the possessions of the residents for each room. I first thought that this was just for customization, but then I realized that is was just for the residents that simply cannot remember which one of the rooms is their room. I find this to be a fantastic facility and I could not be more comfortable that my great grandmother is staying here.I am a friend or relative of a resident
820 3rd Ave, Woodruff, WI 54568
Call (800) 385-2527

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I am a friend or relative of a resident

When I first went to visit my great grandmother at the assisted living facility of One Penny Place, the staff was very friendly and kindly explained to me the location of her room. Once I got to her room it was filled with her possessions that she had brought from her home, and was able to decorate in any way that she would like. She was being given her medicine by employee that she receives everyday at the same time along with her meal. All residents at this facility are able to choose how many meals they would like to receive during the day; my grandmother has chosen to only receive dinner. Guests are allowed for the residents freely until the time of 4:00 in the afternoon, after this time they would have to ring the bell of the appropriate resident, where they let you in. They are able to roam freely around the facility, which has a library as well as an area that in afternoons is used for bingo or card games, etc. There is also a 'dining room' that is commonly reserved for dining when a resident would like to gather with all of their family. There is also a room where the residents are able to use computers for whatever purpose they desire. A feature in the facility that I found was very interesting was that outside of each residents room there is a little table beside the door. On these tables are the possessions of the residents for each room. I first thought that this was just for customization, but then I realized that is was just for the residents that simply cannot remember which one of the rooms is their room. I find this to be a fantastic facility and I could not be more comfortable that my great grandmother is staying here.