In 1940 the Australian Penny was struck at both the Melbourne and Perth branches of the Royal Mint. The Melbourne Mint piece features no mint-mark while the Perth Mint piece can be differentiated by a small dot between 'KG' - the designers initials, which are located on the right of the reverse. The Melbourne Mint produced 4,075,200 pieces which was substantially larger than the 1,113,600 pieces struck at the Perth Mint. As a result the Melbourne variety is reasonably affordable in circulated grades, only becoming somewhat valuable in mint-state.
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.