1942 i Australian Penny

1942 i Australian Penny

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Description

PRE-DECIMAL COINS

The Australian pre-decimal era refers to the period between 1901 and 1965, however for the purposes of Australian currency effectively relate to coins minted between 1910 and 1964. (ie. between federation and decimalisation).

The six British colonies in Australia were declared an independent nation in 1901, (federation), ‘The Commonwealth of Australia’, although remained part of the British Empire, as a Constitutional Monarchy.

Prior to this, Australian coins and notes were a collection of currencies from around the world, however by this point were primarily British.

The first coins produced specifically for The Commonwealth of Australia, (threepence, sixpence, shilling, florin), were minted in 1910 in London, although the Australian halfpenny and penny were not minted until 1911.

The Australian pre-decimal period spanned the reign of 5 monarchs:

King Edward VII in 1910.

King George V from 1911 to 1936.

King Edward VIII in 1936, (no coins minted).

King George VI from 1937 to 1952.

Queen Elizabeth II from 1953 to 1964.

The last pre-decimal coins were manufactured for 1964, prior to Australia’s conversion to decimal currency in 1966: ‘Decimalisation’. Early Australian coins and banknotes were often very low mintage, due to the low demand for circulating currency, Australia having a relatively small population, compared to other nations.

 

 

1942 i Australian Penny Specifications
Monarch King George VI
Edge Plain
Weight 9.45 grams
Diameter 30.8 mm
Composition 97% copper, 2.5% zinc, 0.5% tin
Minted Calcutta, India
Mintage approx. 9,000,000
Scarcity readily available in low to mid grades

 

1942 i Australian Penny Design
Obverse Thomas Humphrey Paget
Reverse George Kruger Gray

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