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You do not specify a denomination or a year.

Australian predecimal coins minted at the Royal Mint London prior to 1950, have no mintmark.

Australian Halfpennies and Pennies minted at the Calcutta Mint in India in 1916 to 1918 inclusive, have an "I" mintmark below the bottom scroll on the reverse of the coins.

Australian Halfpennies and Pennies minted at the Bombay Mint in India in 1942 and 1943, have an "I" mintmark below the head of George VI on the obverse of the coins.

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Q: What is different on the face of an Australian coin minted in India to one from London?
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What is the difference between a Y Penny and a I Penny in Australia?

An Australian Penny or Halfpenny with a "Y." (PENNY.) mintmark indicates that the coin was minted at the Perth Mint. An Australian Penny or Halfpenny with a "I" mintmark indicates that the coin was minted at either the Calcutta or Bombay Mints in India.


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Are there any known defects in the 1918 Australian penny?

There are no documented or known defects on 1918 Australian Pennies, that I can find. An uncirculated coin in mint condition could be worth quite a few thousand dollars. The only slightly unusual thing about them is that there were minted in Calcutta, India.


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Most Australian Penny coins minted at the Melbourne Mint will have no mintmark. It is easier to identify those not minted at the Melbourne Mint. Pennies minted at the Perth Mint from 1938 will have a (.) after the Y in PENNY (PENNY.) or after the last A in AUSTRALIA (AUSTRALIA.) or between the KG above the kangaroos tail (K.G), depending on the year. Some of the 1951 coins were minted at the Royal Mint London and have a small "PL" after the "Y" in PENNY. Some of the 1942 and 1943 coins were minted at the Bombay Mint in India and have a small "I" below the bust of King George VI. The pre-1938 coins (before the kangaroo design) are a lot more difficult. Coins from 1911 and 1913 to 1914 and some 1915 were minted at the Royal Mint London and have no mintmark. Coins from 1912 and some 1915 were minted at the Ralph Heaton Mint in Birmingham and have an "H" mintmark below the scroll. Coins from 1916 to 1918 were minted at the Calcutta Mint in India and have an "I" mintmark below the scroll. From 1919, all coins were minted in Australia. The 1919 and 1920 coins may have a dot (.) above or below the scroll. A dot above the scroll indicates the Sydney Mint, a dot below the scroll indicates the Melbourne Mint. From 1921 to 1936, any Penny without a mintmark may have been minted at any of the Melbourne, Perth or Sydney Mints.


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