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timscoins

10 months ago

COINS

1951 Australian Penny Coin

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Key Facts & Value

AI

Key Fact

1
Historical significanceThe 1951 Australian penny features a kangaroo, a national symbol of Australia, reflecting the country's unique wildlife. The design was created by George Kruger Gray, who was the Chief Engraver at the Royal Mint. This coin was minted during a time when Australia was transitioning from British currency to its own distinct monetary system.
2
Cultural relevanceThe kangaroo is not just an emblem of Australia but also a symbol of national identity. The penny itself was part of everyday transactions, used widely by Australians in the post-war era, indicating economic recovery and growth.
3
Minting detailsThis coin was produced by the Melbourne Mint and is notable for its copper composition, which was phased out in later years for economic reasons. The 1951 penny is relatively common, but higher-grade specimens are sought after by collectors.

Value Fact

The value of the 1951 Australian penny can vary significantly based on its condition and rarity. While common examples may fetch modest prices, well-preserved coins or those with unique minting errors can command much higher values in the collectibles market. The historical significance of the coin, combined with its representation of Australian heritage, adds a layer of desirability for collectors.

Factors that contribute to the value include the coin's age, historical context, rarity, and condition, with pristine examples often being the most coveted.

Item Details

Official Details

CategoryCoins
Brand-
Character-
Length-
Width-
Weight9.45 g
Person-
Coins TypeCirculation
Denomination1 Penny
CurrencyPound
Obverse DescriptionKangaroo and date
Obverse CreatorGeorge Kruger Gray
Reverse DescriptionCommonwealth of Australia
Reverse CreatorGeorge Kruger Gray
Mint or Printing Press-
Diameter30.8 mm
Thickness1.8 mm
Production TypeCoin
Edge TypePlain
Mintage-
Coins Topic/ThemeAnimal
Country / EmpireAustralia
Start Year1951
End Year-
Coin Product NamePenny
Mint Mark-
Obverse ObjectsKangaroo
Reverse ObjectsCommonwealth inscription
ShapeRound
MaterialCopper
Design Variation-
Design Variation Details-
Year Displayed1951

Variation Details

Grading Company-
Grade-
Coins Error-
AlignmentMedallic

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