Penny 1936, Coin from Australia - detailed information

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 In 1938, a new design superseded this one - featuring the iconic leaping kangaroo; the old type of coins remained in circulation.

Coins issued in 1936 were withdrawn at decimalisation in 1966 after 30 years in circulation, but have never been formally demonetised and are still legal tender.