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1951-PL One Penny

CountryAustraliaSeriesGeorge VIYear and Mintmark1951-PLDenominationOne PennyMintage18,000,000
MintLondon MintMonarchGeorge VIReverse DesignerGeorge Kruger GrayObverse DesignerThomas H. PagetWeight9.46gComposition97% Copper
2.5% Zinc
0.5% Tin
Size30.8mmEdgePlain

In 1951 the Royal Mint in London produced 18,000,000 Pennies for Australia. In the same year the Melbourne Mint produced a further 21,240,000 pieces and the Perth Mint an additional 12,888,000. The London variety can also be distinguished form the other varieties by a small 'PL' mint-mark located along the rim to the right of the denomination 'PENNY.' PL is an abbreviation of pecunia londinii (money of London) or percussa londinio (struck at London).

London 'PL' mint-mark on a 1951-PL Penny.

Perth dot mint-mark on a 1951-Y Proof Penny.

The 1951-PL Penny is a very common type that is generally well struck up. The type is easily obtainable into mint-state with examples as high as MS64 selling for less than fifty dollars.