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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 the first type of Australian penny coins featured text only. In 1938, this new design by George Kruger Gray superseded it - featuring the iconic leaping kangaroo.
Coins issued in 1946 were withdrawn at decimalisation in 1966 after 20 years in circulation, but have never been formally demonetised and are still legal tender.
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| Obverse | |
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The obverse of the coin shows the bare (uncrowned) head of King George VI facing left.
Below the neck truncation in small letters, the artist's initials HP (for [Thomas] Humphrey Paget).
Around, the monarch's legend: GEORGIVS VI D : G : BR : OMN : REX F : D : IND : IMP.. Translated from Latin: George the Sixth, by the Grace of God, King of all the Britains, Defender of the Faith, Emperor of India.
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| Reverse | |
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Kangaroo leaping to the left; around above, the legend AUSTRALIA.
Around below, the denomination PENNY; the seven pointed Federation star is in the field to the left of the kangaroo and the date 1946 is in the field below its tail.
The artist's initials KG (for [George] Kruger Gray) are above the tip of the kangaroo's tail. |
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| Edge | Plain | Edge Inscription | None |
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| Notes | The Australian Coin Chart 1965 lists mintage of 363,600. This is one of the key dates in the series. |
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