Australia 1929 Penny (Indian Obverse)

Mint:	Melbourne	Mintage:	Part 1,834,600 Estimate 50,000	Milling:	Plain
Weight:	9.45 grams	Diameter:	30.8 mm	Composition:	97% Copper, 2.5% Zinc, 0.5% Tin

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Obverse 2 - Indian (Calcutta)

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Reverse Am - London (melbourne modified)

Designer:	Sir (Edgar) Bertram Mackennal (Initials 'B.M.' raised on truncation)
Design:	Left facing profile of George V
Legend:	GEORGIVS V D. G. BRITT: OMN: REX F. D. IND: IMP: •
Denticle Count:	178 teeth
Mint mark:	None
Characteristics:	Upstroke on 'N' of 'OMN' aligns with denticle

Designer:	William Henry James Blakemore (no attribution)
Design:	'ONE PENNY' surrounded by 90 beads contained within concentric circles
Legend:	• COMMONWEALTH OF AUSTRALIA •
Denticle Count:	174 teeth
Mint mark:	None
Characteristics:	Apex of first 'A' of 'AUSTRALIA' falls between two denticles Apex of second 'A' of 'AUSTRALIA' aligns with a denticle Apex of last 'A' of 'AUSTRALIA' falls between two denticles Strong curvature on the base of the letters in the legend

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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	$1 + NGC PCGS	$3 + NGC PCGS 1	$5 + NGC PCGS	$10 + NGC PCGS	$15 + NGC PCGS	$25 + NGC PCGS 3	$50 + NGC PCGS 2	$75 + NGC PCGS	$100 + NGC PCGS 2	$150 + NGC PCGS 2	$200 + NGC PCGS 1	$300 + NGC PCGS 6	$500 + NGC PCGS 2	$900 + NGC PCGS	$1250 + NGC PCGS	$1500 + NGC PCGS 3	$3000 + NGC PCGS 6	$5000 + NGC PCGS 2	$9000 + NGC PCGS	$17500 + NGC PCGS	$35000 + NGC PCGS	- + 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	$250 + NGC PCGS	$350 + NGC PCGS	$600 + NGC PCGS	$1000 + NGC PCGS	$1500 + NGC PCGS	$1750 + NGC PCGS	$3500 + NGC PCGS 1	$6000 + NGC PCGS 1	$10000 + NGC PCGS 2	$20000 + NGC PCGS 1	$37500 + NGC PCGS	- + NGC PCGS	- + 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	- + NGC PCGS	- + NGC PCGS	- + NGC PCGS	- + NGC PCGS	- + NGC PCGS	- + NGC PCGS	- + NGC PCGS	- + NGC PCGS	- + 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:

W.J. Mullet, who was a senior officer at the Melbourne Mint, wrote in 1981 that only one Indian obverse die was used in this year. If we refer to the averages being achieved from general production at the time, it can be deduced that the mintage of this coin was probably less than 50,000. This was the first use of the Indian obverse master die that was sent directly to Melbourne from London in 1922. Dies derived from this master were later used to strike the Indian die 1930 pennies. A study of the reverse used on both types of 1929 pennies also reveals its close resemblance to the 1930 pennies, but it is the 1929 English Penny reverse with the small void in the '9' of the date which is the closest match. It seems logical that the last two digits were removed from a 1929 reverse master which was then used to produce the 1930 pennies. Author and collector Dr David L. Briggs states in his publication "Australian Copper (Bronze) Coins 1911 -1964" that two 1929 'Indian Die' proof coins exist. Proof-like coins have been sighted that do not exhibit the wire rims associated with the double-struck proofs of the era, so it is more than likely that these are also early proof-like specimen strikes off the experimental die.