Australia 1953 (M) Penny

Mint:	Melbourne	Mintage:	Part 6,933,600 Estimate 6,833,600	Milling:	Plain
Weight:	9.45 grams	Diameter:	30.8 mm	Composition:	97% Copper, 2.5% Zinc, 0.5% Tin

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Obverse 6 - English (melbourne modified)

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Reverse D - London

Designer:	Mary Gillick (Initials 'M.G.' incuse on truncation)
Design:	Right facing profile of Elizabeth II
Legend:	ELIZABETH ♦ II ♦ DEI ♦ GRATIA ♦ REGINA +
Denticle Count:	116 beads
Mint mark:	None
Characteristics:	Round beads replaced elongated denticles 'I' of 'GRATIA' falls between two beads Stops in legend are diamond-shaped ' + ' (Christian cross) appears above the monarch's head in lieu of 'FIDEI DEF' (Defender of the Faith)

Designer:	George Edward Kruger-Gray (Initials 'KG' raised above tail)
Design:	* Kangaroo facing left
Legend:	AUSTRALIA PENNY
Denticle Count:	81 thick & 81 thin teeth
Mint mark:	None
Characteristics:	Downstroke on 'P' of 'PENNY' aligns with thick denticle Downstroke on first 'N' of 'PENNY' aligns with thin denticle Downstroke on 'Y' of 'PENNY' aligns with thin denticle Upstrokes on 'U' of 'AUSTRALIA' align with thick denticles Serif on cross-bar of '5' in date

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Value

BM Ad NP	8 Good VG10	10 VG F12	12 about F F15	15 Fine VF20	20 good F VF25	25 about VF VF30	30 Very Fine VF35	35 good VF EF40	40 about EF EF45	45 Ext Fine AU50	50 good EF AU53	53 about Unc AU55	58+ virt Unc AU58	58-60 Uncirc MS60	58-61 Uncirc MS61	58-62 Uncirc MS62	63-64 Choice Unc MS63	64-65 near Gem MS64	65-66 Gem MS65	66-67 Gem MS66	67-68 Gem MS67	68 near Flaw MS68	69 virt Flaw MS69	70 Flawless MS70	Proof
B	BV + NGC PCGS	BV + NGC PCGS	BV + NGC PCGS	BV + NGC PCGS	BV + NGC PCGS	BV + NGC PCGS	BV + NGC PCGS	BV + NGC 2 PCGS	$1 + NGC PCGS	$2 + NGC PCGS	$3 + NGC PCGS 1	$4 + NGC PCGS	$5 + NGC 3 PCGS 2	$8 + NGC PCGS	$10 + NGC PCGS	$15 + NGC 1 PCGS 4	$30 + NGC 2 PCGS 12	$50 + NGC 1 PCGS 3	$100 + NGC PCGS 1	$175 + NGC PCGS	$350 + NGC PCGS	$600 + NGC PCGS	- + NGC PCGS	- + NGC PCGS	Y
RB	" + NGC PCGS	" + NGC PCGS	" + NGC PCGS	" + NGC PCGS	" + NGC PCGS	" + NGC PCGS	" + NGC PCGS	" + NGC PCGS	" + NGC PCGS	$4 + NGC PCGS	$5 + NGC PCGS	$6 + NGC PCGS	$10 + NGC PCGS	$12 + NGC PCGS	$20 + NGC PCGS	$35 + NGC PCGS 5	$60 + NGC 5 PCGS 32	$115 + NGC 2 PCGS 49	$200 + NGC 1 PCGS 1	$400 + NGC PCGS	$750 + NGC PCGS	$1250 + NGC PCGS	- + NGC PCGS	- + NGC PCGS	Y
R	" + NGC PCGS	" + NGC PCGS	" + NGC PCGS	" + NGC PCGS	" + NGC PCGS	" + NGC PCGS	" + NGC PCGS	" + NGC PCGS	" + NGC PCGS	" + NGC PCGS	" + NGC PCGS	" + NGC PCGS	$12 + NGC PCGS	$20 + NGC PCGS	$35 + NGC PCGS	$60 + NGC PCGS 1	$115 + NGC PCGS 7 1	$200 + NGC 1 PCGS 26	$400 + NGC PCGS 5	$750 + NGC PCGS	$1250 + NGC PCGS	- + NGC PCGS	- + NGC PCGS	- + NGC PCGS	Y

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Benchmark

Adjectival

NGC/PCGS

Collectable grades

Does not exist by definition

Investment grades

Unlikely to exist

Aspirational grades

Bullion or metal value

Not known in these grades

Value as above

Proof

Y (Yes)
N (Not known)

Last updated April 2024

Notes:

In 1953, the Melbourne and Perth mints produced large mintages i.e. 6,833,600 and 6,202,800 respectively to introduce the new monarch, Queen Elizabeth II. Controversially, 'F:D', ie 'Defender of the Faith', had been omitted from the Queen's titles and this was restored on the pennies issued in 1955. The obverse masters supplied to Melbourne and Perth have diamond shaped stops in the legends but it is evident that each mint added their own edge beading, as the Melbourne count of 116 denticles differs slightly from the Perth count of 117. This marks the first time that the Perth Mint 'created' its own master die by diverging from the precedent established by London or its proxy the Melbourne Mint.