What is the value of Australian 1950 penny?

Answer 1

An Australian 1950 bronze Penny (George VI)(minted in Melbourne - no mintmark), uncirculated and in absolute mint condition could fetch up to $55 AUD. If it has been circulated but still in good condition, it might fetch anything from $0.50 to $14 AUD.

There were 36.358 million minted.

An Australian 1950 bronze Penny (George VI)(minted in Perth - mintmark = Y.), uncirculated and in absolute mint condition could fetch up to $180 AUD. If it has been circulated but still in good condition, it might fetch anything from $1 to $38 AUD.

There were 21.488 million minted.

An Australian 1950 bronze Penny (George VI)(Proof)(minted in Perth - mintmark = Y.), 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.