Australia 1931 Penny (Indian Obverse)

Mint:	Melbourne	Mintage:	46,000	Milling:	Plain
Weight:	9.45 grams	Diameter:	30.8 mm	Composition:	97% Copper, 2.5% Zinc, 0.5% Tin

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Obverse 2 - Indian (Calcutta)

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Reverse B - Birmingham

Designer:	Sir (Edgar) Bertram Mackennal (Initials 'B.M.' raised on truncation)
Design:	Left facing profile of George V
Legend:	GEORGIVS V D. G. BRITT: OMN: REX F. D. IND: IMP: •
Denticle Count:	178 teeth
Mint mark:	None
Characteristics:	Upstroke on 'N' of 'OMN' aligns with denticle

Designer:	William Henry James Blakemore (no attribution)
Design:	'ONE PENNY' surrounded by 90 beads contained within concentric circles
Legend:	• COMMONWEALTH OF AUSTRALIA •
Denticle Count:	177 teeth
Mint mark:	None
Characteristics:	Apex of first 'A' of 'AUSTRALIA' falls between two denticles Apex of second 'A' of 'AUSTRALIA' aligns with a denticle Apex of last 'A' of 'AUSTRALIA' aligns with a denticle Straight based letters in the legend

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Value

BM Ad NP	8 Good VG10	10 VG F12	12 about F F15	15 Fine VF20	20 good F VF25	25 about VF VF30	30 Very Fine VF35	35 good VF EF40	40 about EF EF45	45 Ext Fine AU50	50 good EF AU53	53 about Unc AU55	58+ virt Unc AU58	58-60 Uncirc MS60	58-61 Uncirc MS61	58-62 Uncirc MS62	63-64 Choice Unc MS63	64-65 near Gem MS64	65-66 Gem MS65	66-67 Gem MS66	67-68 Gem MS67	68 near Flaw MS68	69 virt Flaw MS69	70 Flawless MS70	Proof
B	$10 + NGC PCGS	$20 + NGC PCGS	$40 + NGC PCGS	$50 + NGC PCGS	$75 + NGC PCGS	$100 + NGC PCGS 5	$150 + NGC PCGS 14	$250 + NGC PCGS 33	$400 + NGC PCGS 27	$500 + NGC PCGS 9	$600 + NGC PCGS 8	$900 + NGC PCGS 7	$1750 + NGC PCGS 2	$3000 + NGC PCGS	$4000 + NGC PCGS	$5000 + NGC PCGS 1	$9000 + NGC PCGS 2	$15000 + NGC PCGS	$30000 + NGC PCGS	- + NGC PCGS	- + NGC PCGS	- + NGC PCGS	- + NGC PCGS	- + NGC PCGS	N
RB	" + NGC PCGS	" + NGC PCGS	" + NGC PCGS	" + NGC PCGS	" + NGC PCGS	" + NGC PCGS	" + NGC PCGS	" + NGC PCGS	" + NGC PCGS	$750 + NGC PCGS	$1000 + NGC PCGS	$2000 + NGC PCGS	$3000 + NGC PCGS	$5000 + NGC PCGS	$6000 + NGC PCGS	$10000 + NGC PCGS	$17500 + NGC PCGS	$30000 + NGC PCGS	- + NGC PCGS	- + NGC PCGS	- + NGC PCGS	- + NGC PCGS	- + NGC PCGS	- + NGC PCGS	N
R	" + NGC PCGS	" + NGC PCGS	" + NGC PCGS	" + NGC PCGS	" + NGC PCGS	" + NGC PCGS	" + NGC PCGS	" + NGC PCGS	" + NGC PCGS	" + NGC PCGS	" + NGC PCGS	" + NGC PCGS	- + NGC PCGS	- + NGC PCGS	- + NGC PCGS	- + NGC PCGS	- + NGC PCGS	- + NGC PCGS	- + NGC PCGS	- + NGC PCGS	- + NGC PCGS	- + NGC PCGS	- + NGC PCGS	- + NGC PCGS	N

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Benchmark

Adjectival

NGC/PCGS

Collectable grades

Does not exist by definition

Investment grades

Unlikely to exist

Aspirational grades

Bullion or metal value

Not known in these grades

Value as above

Proof

Y (Yes)
N (Not known)

Last updated April 2024

Notes:

This scarce issue coupled the Indian obverse die used on the 1930 pennies with a Birmingham reverse die with a normal 'aligned 1'. This should be considered an 'experimental' run which is probably the output of just one die as just 46,000 coins were struck with this die combination. To paraphrase W.J. Mullet, a senior officer of the Melbourne Mint, a hub used to produce the 1921 pennies had a '2' removed and a '3' inserted on the subsequent master die. On appearances the reverse of this 1931 Penny variety does closely match the reverse on the 1921 Penny with the 'English' obverse which would seem to affirm this connection. Similar to the 1921 variety it has predominantly straight based letters in the legend with only the slightest hint of curvature on a few. It is a very underrated coin especially in above average condition.