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Detailed information about Coin: Penny 1953 from New Zealand

Coin: Penny 1953
Description

CountryNew Zealand CurrencyNew Zealand Pound
Face value1 (x Penny) TypePenny
Year1953 CurrentNo (demonetised 1967)
Mintage2,407,000 (2.4 million) RarityC (Common)
Mints
NameMint markMintage
Royal Mint No mint mark 2,407,000 (2.4 million), Rarity: C (Common)
MaterialBronze DesignerLeonard Cornwall Mitchell
MonarchQueen Elizabeth II EffigyPortrait by Mary Gillick (First Portrait)
Production technologyMilled (machine-made) ShapeRound
Size (mm)30.8600 Thickness (mm)
Mass (g)9.4498
Obverse

Laureate bust of Queen Elizabeth II right (effigy known as the "First Portrait"); around, the monarch's legend QUEEN · ELIZABETH · THE · SECOND +; the artist's initials MG (for Mary Gillick) are incuse on the neck truncation.

Obverse inscription QUEEN · ELIZABETH · THE · SECOND +
Reverse

A tui (bird) perched facing left in a setting of yellow kowhai blossoms; around, NEW ZEALAND ONE PENNY 1953.

Reverse inscriptionNEW ZEALAND ONE PENNY 1953
EdgePlain Edge inscriptionNone
Notes

The Queen's effigy on the 1953, 1954, 1955 and an estimated 50,000 of 1956 coins has a small variation from the standard in that there are no shoulder straps visible.

Reference to original information:

84th Annual Report of the Deputy Master and Comptroller of the Royal Mint 1953, p.8.:

"New Zealand - 250,000 crowns, 120,000 halfcrowns, 250,000 florins, 200,000 shillings, 1,200,000 sixpences, 4,000,000 threepences, 2,400,000 pennies and 120,000 halfpence were struck.

All bore on the obverse the uncrowned effigy of Her Majesty by Mrs. Gillick, O.B.E., together with the inscription "QUEEN ELIZABETH THE SECOND". The reverse designs of the denominations from the halfpenny to the halfcrown were unchanged, but the reverse design of the crown was new.

It consisted of a Maori carving, surmounted by the crowned Royal Cypher, all between five-pointed stars, representing the Southern Cross, and the inscription "NEW ZEALAND CROWN 1953". Mr. T.H. Paget modeled the design in plaster according to a drawing from New Zealand. The design is illustrated in Plate A, Fig. 9.

7,000 specimen sets of all denominations were also supplied in cases."

Penny 1953: Known varieties
VarietyMintageDetails
Proof 7,000 (included in main number)
Matte proof unknown (included in main number)
Penny 1953: Photos
Penny 1953: Photo Proof Coin - 1 Penny, New Zealand, 1953
Proof Coin - 1 Penny, New Zealand, 1953
Copyright: Museums Victoria / CC BY
Author:
Notes: Proof.
source
Penny 1953: Photo Proof Coin - 1 Penny, New Zealand, 1953
Proof Coin - 1 Penny, New Zealand, 1953
Copyright: Museums Victoria / CC BY
Author:
Notes: Proof.
source
Penny 1953: Photo Coin - 1 Penny, New Zealand, 1953
Coin - 1 Penny, New Zealand, 1953
Copyright: Museums Victoria / CC BY
Author:
source
Penny 1953: Photo Coin - 1 Penny, New Zealand, 1953
Coin - 1 Penny, New Zealand, 1953
Copyright: Museums Victoria / CC BY
Author:
source
Penny 1953: Catalogue Reference IDs
SourceReference ID
Krause, Standard Catalog of World CoinsNew Zealand KM# 24.1
Renniks, New Zealand Coinage Guide37
Australian Coin ChartNP14
Penny 1953: References to Information Used
SourceEditionAboutLinkNotes
Museums Victoria Collections 2016 Coin description link
Royal Mint 1953 Mint
John Bertrand, New Zealand Coin and Banknote Catalogue 1965 Mint
Royal Mint 1953 Mintage Circulation and proof mintage
Reserve Bank of New Zealand 15 Oct 2014 Mintage link Combined mintage
Renniks, New Zealand Coinage Guide 1965 - 1966 Mintage Combined mintage
Australian Coin Chart 1966 Mintage Combined mintage
Royal Mint 1953 Varieties Proof
Remick, Catalogue of British Commonwealth Coins 1971 Varieties Proof
John Bertrand, New Zealand Coin and Banknote Catalogue 1965 - Valuations
Renniks, New Zealand Coinage Guide 1965 - 1966 Valuations
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Penny 1953 / Best-effort future value guesstimates based on past value trends in currency: NZD. See FAQ before use!
Years
MintVarietyGrade201620172018
Royal MintBrilliant Uncirculated (BU) 38.94 38.17 37.41
Royal MintUncirculated (UNC) 25.00 22.49 19.97
Royal MintAlmost Uncirculated (aUNC) 24.34 23.86 23.38
Royal MintExtra Fine (EF, XF) 14.60 14.32 14.03
Royal MintFine (F) 2.21 2.30 2.39
Penny 1953 / Best-effort future value guesstimates based on past value trends in currency: USD. See FAQ before use!
Years
MintVarietyGrade201620172018
Royal MintBrilliant Uncirculated (BU) 19.31 18.85 18.40
Royal MintUncirculated (UNC) 8.97 8.45 7.93
Royal MintExtra Fine (EF, XF) 4.06 3.61 3.17
Royal MintVery Fine (VF) 0.38 0.36 0.35
Royal MintFine (F) 0.21 0.22 0.22
Royal MintMatte proofProof 109.78 108.82 107.85
Royal MintProofProof 9.82 9.67 9.52
Historic values in NZD for Penny 1953 / Royal Mint London / (generated 10/2016). Inflation-corrected to 2015.
(hover mouse over grades in the left-hand column to see values highlighted; hover mouse over graph points to see exact values and additional information)
Historic values in USD for Penny 1953 / Royal Mint London / (generated 10/2016). Inflation-corrected to 2015.
(hover mouse over grades in the left-hand column to see values highlighted; hover mouse over graph points to see exact values and additional information)
Historic values in USD for Penny 1953 / Matte proof / Royal Mint London / (generated 10/2016). Inflation-corrected to 2015.
(hover mouse over grades in the left-hand column to see values highlighted; hover mouse over graph points to see exact values and additional information)
Historic values in USD for Penny 1953 / Proof / Royal Mint London / (generated 10/2016). Inflation-corrected to 2015.
(hover mouse over grades in the left-hand column to see values highlighted; hover mouse over graph points to see exact values and additional information)
Penny 1953: Links to sites that (may) sell similar coins
Coins New Zealand > NZ Pre Decimal coins (1933 to 1965) > Penny > 1953
Penny 1953: Some useful external links
Museums Victoria: Proof Coin - 1 Penny, New Zealand, 1953 Museums Victoria: Coin - 1 Penny, New Zealand, 1953
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List of all (25) coins of type: New Zealand / Penny
Penny 1940 Penny 1941 Penny 1942 Penny 1943 Penny 1944 Penny 1945
Penny 1946 Penny 1947 Penny 1949 Penny 1950 Penny 1951 Penny 1952
Penny 1953 Penny 1954 Penny 1955 Penny 1956 Penny 1957 Penny 1958
Penny 1959 Penny 1960 Penny 1961 Penny 1962 Penny 1963 Penny 1964
Penny 1965 (mint sets only)