What is the value of a 1940 Australian Penny?

Answer 1

An Australian 1942 bronze Penny (George VI)(minted in Perth - mintmark = "Y."), uncirculated and in absolute mint condition could fetch up to $190 AUD. If it has been circulated but still in good condition, it might fetch anything from $0.75 to $40 AUD.

There were 12.244 million minted.

An Australian 1942 bronze Penny (George VI)(minted in Bombay - mintmark = "I"), uncirculated and in absolute mint condition could fetch up to $110 AUD. If it has been circulated but still in good condition, it might fetch anything from $0.75 to $35 AUD.

There were 9.0 million minted.

An Australian 1942 bronze Penny (George VI)(minted in Bombay - mintmark = "I")(Proof), uncirculated and in absolute mint condition could fetch up to $35,000 AUD.

A reputable coin dealer will be able to give a more accurate valuation.

Answer 2

An Australian 1940 bronze Penny (George VI)(minted in Melbourne - no mintmark), uncirculated and in absolute mint condition could fetch up to $350 AUD. If it has been circulated but still in good condition, it might fetch anything from $1 to $70 AUD.

There were 4.075 million minted.

An Australian 1940 bronze Penny (George VI)(minted in Perth - mintmark = K.G), uncirculated and in absolute mint condition could fetch up to $1,750 AUD. If it has been circulated but still in good condition, it might fetch anything from $5 to $275 AUD.

There were 1.113 million minted.

A reputable coin dealer will be able to give a more accurate valuation.