|
The Australian penny coin was a small circulating denomination of the Australian Pound. It has the same dimensions and composition as the British pre-decimal penny, from which it is derived (for a time, the coins circulated in parallel and were interchangeable in Australia - but not in the United Kingdom; the currencies were fixed at par). It was worth one twelfth of an Australian shilling and 1/240 of an Australian pound.
The reverse of this first type of Australian penny coins features text only. In 1938, a new design superseded this one - featuring the iconic leaping kangaroo; the old type of coins remained in circulation.
Coins issued in 1926 were withdrawn at decimalisation in 1966 after 40 years in circulation, but have never been formally demonetised and are still legal tender.
|
|
|
| Obverse | |
|---|
Crowned and draped bust of King George V facing left (crowned effigy by Sir Edgar Bertram Mackennal); the King is wearing the Imperial Crown and the ermine Robe of State, the Collar of the Most Noble Order of the Garter, and the Badge of the Most Honourable Order of the Bath.
The artist's initials BM are in relief on the bust truncation.
Around, the monarch's legend GEORGIVS V D. G. BRITT: OMN: REX F. D. IND: IMP: ·. Translated from Latin: George the Fifth, by the Grace of God, King of all the Britains, Defender of the Faith, Emperor of India.
|
|
|
| Reverse | |
|---|
At centre within a circle of beads, the value and denomination ONE PENNY in two lines between upper and lower ornate scrolls.
Around above, outside the circle of beads, COMMONWEALTH OF AUSTRALIA; below, the date · 1926 ·. |
|
|
| Edge | Plain | Edge Inscription | None |
|
|
Search for Australia: Penny 1926 on eBay 