What is the value of a 1948 Australian Penny?

Answer 1

An Australian 1948 bronze Penny (George VI)(minted in Melbourne - no mintmark), uncirculated and in absolute mint condition could fetch up to $48 AUD. If it has been circulated but still in good condition, it might fetch anything from $0.75 to $12 AUD.

There were 26.616 million minted.

An Australian 1948 bronze Penny (George VI)(minted in Perth - mintmark = Y.), uncirculated and in absolute mint condition could fetch up to $1,250 AUD. If it has been circulated but still in good condition, it might fetch anything from $2.50 to $150 AUD.

There were 1.533 million minted.

An Australian 1948 bronze Penny (George VI)(minted in Perth - mintmark = Y.)(Proof), uncirculated and in absolute mint condition could fetch up to $50,000 AUD.

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