Penny 1931 - Australian Coins Price Guide and Values
The date on the image can be different from the year selected.
There are 4 major varieties of this penny. The dropped 1 digit with Indian obverse is the rarest. Of the 494,000 1931 penny minted, an estimate of 25 to 65 examples of this variety still exists.
Penny 1931 value
The value of a Penny 1931 Australian coin depends on several factors such as quality and wear, supply and demand, rarity, finish and more. You can also find the price guide and value of Specimen and Proof pre-decimal coins.
- Circulated
- Mint state
- Not for circulation
| Variety | G-4 | VG-8 | F-12 | VF-20 | EF-40 | AU-50 |
|---|---|---|---|---|---|---|
| 1931 - English - Aligned | - | - | $3.40 | $11.40 | $37.10 | $169 |
| 1931 - English - Dropped 1 | - | - | $3.40 | $11.40 | $35.80 | $166 |
| 1931 - Indian - Aligned | - | - | - | - | $136 | $349 |
| 1931 - Indian - Dropped 1 | - | - | - | - | $7,500 | - |
| Variety | MS-60 | MS-62 | MS-63 | MS-64 | MS-65 | MS-66 | MS-67 |
|---|---|---|---|---|---|---|---|
| 1931 - English - Aligned | $659 | $1,090 | $2,120 | $3,730 | $5,300 | - | - |
| 1931 - English - Dropped 1 | $659 | $1,290 | $2,480 | $3,290 | $5,300 | - | - |
| 1931 - Indian - Aligned | - | - | - | - | - | - | - |
| 1931 - Indian - Dropped 1 | - | - | - | - | - | - | - |
View the average prices of certified Penny 1931 sold at auctions »
Varieties
English - Aligned
English obverse have 177 beads and the N of OHM points between 2 denticles.
Aligned date
English - Dropped 1
Dropped 1
Indian - Aligned
Indian obverse have 178 beads and the N of OMN points to a denticle.
Errors and varieties from the community
| Miscellaneous / Unclassified | ||
|---|---|---|
| #344 | Penny 1931 - Dropped 1Renniks #B30A | - |
Mintage
- Penny 1931 - English - Aligned : 494,000
- Penny 1931 - English - Dropped 1 : n/a
- Penny 1931 - Indian - Aligned : n/a
- Penny 1931 - Indian - Dropped 1 : n/a
Specifications - Penny 1931 - English - Aligned
- Mint: Melbourne
- Alloy: 97% copper, 2.5% zinc and 0.5% tin
- Weight: 9.45g
- Diameter : 30.8mm
- Engraver: Obverse: Sir E. B. MacKennel, Reverse: W. H. J. Blakemore
Last update : Wednesday, March 12, 2025
