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1940 K.G PENNY |
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Obverse: | King GEORGE VI - Design by Thomas Humphrey Paget. Legend: GEORGIVS VI D: G: BR: OMN: REX F: D: IND: IMP. |
Reverse: | Kangaroo - Design by George Kruger Gray. Legend: AUSTRALIA - PENNY - 1940 |
| Edge: | Plain Edge. |
| Weight: | 9.45 grams (145.8 grains). |
| Size: | 30.8 mm (diameter). |
| Composition: | Bronze - 97% Copper, 2.5% Zinc, 0.5% Tin |
| Mintage: | 1,113,600 - Perth. |
| Mintmarks: | Dot between K and G (designer's initials) on reverse. |
Valuation :
1940 K.G PENNY
| Very Good | Fine | Very Fine | Extra Fine | Almost Uncirc. | Uncirc | Brilliant Uncirc. | |
| 2002 | 4 | 10 | 28 | 110 | 325 | 900 | 2,250 |
Notes:
Prior to World War II, the Perth Mint had been responsible for the production of gold sovereign and half sovereign coins. This ceased in 1931. The war led to a large increase in demand for Australian coinage. With the Melbourne Mint at full capacity (the Sydney Mint had closed in 1926), the Federal Treasury requested the Perth Mint to undertake the minting of bronze coins.Despite man-power shortages and problems caused with long unused coining machinery designed for striking gold, not the much tougher bronze, the Treasury's request was met. It was not until 1952, however, that the Perth Mint was able to produce its own dies. Until then, all dies were produced at the Melbourne Mint.
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