The 1915-H Penny was struck at the Heaton & Sons Mint with a total mintage of 1,320,000. In the same year a further 960,000 pieces were struck at the Royal Mint in London. The Heaton & Sons piece can be differentiated by a small 'H' mint-mark located under the lower scroll on the reverse (see image below). This mintage was relatively low within the wider series and as a result the year is reasonably expensive, particularly within in mint-state.
After the introduction of Australia's first official coinage in 1911 the demand for coins quickly outstripped the supply by the Royal Mint. This caused a substantial shortage that would intensify and abate for almost a decade. The extraordinary demand for coins can be attributed to larger trends of economic growth as well as smaller events such as the rise of slot machines and penny gas meters. Despite the best efforts of the Royal Mint in London they could not meet demand so they were forced to enlist the assistance of the private mint to Heaton & Sons based in Birmingham on multiple occasions.
MintageMintageMintageValues are in AUD and are retail price estimations based on past sales of coins certified by PCGS or NGC and as such values only related to such graded coins. Uncertified coins or coins graded by other services would likely be worth significantly less. For wholesale pricing please refer to the Red Sheet. While all attempts to ensure accurate pricing, data entry errors can occur and as such no warranty is expressed or implied as to the accuracy of any information published on this website. It is important to verify all published sales to ensure the accuracy of the pricing when making any purchase decision. Any personal information provided to us is protected by the Privacy Act 1988.