In 1951 the Royal Mint in London produced 18,000,000 Pennies for Australia. In the same year the Melbourne Mint produced a further 21,240,000 pieces and the Perth Mint an additional 12,888,000. The London variety can also be distinguished form the other varieties by a small 'PL' mint-mark located along the rim to the right of the denomination 'PENNY.' PL is an abbreviation of pecunia londīniī (money of London) or percussa londīniō (struck at London).
The 1951-PL Penny is a very common type that is generally well struck up. The type is easily obtainable into mint-state with examples as high as MS64 selling for less than fifty dollars.
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.