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1923 Australia King George V Half Penny Copper Coin
NGC VF35 BN
Product Description:
NGC VF35 BN
(8378134-011)
Crafted during a time of rapid economic growth and the industrial revolution, the 1923 halfpenny is one of Australia’s most coveted coins. Celebrated as a sibling to the legendary 1930 Penny, it is renowned for its rarity, historical significance, and investment potential—destined to become a cherished family heirloom for generations.
Historical records indicate that 1,113,600 halfpennies were initially minted in Sydney bearing the 1923 date. However, these were later discovered to be backdated 1922 coins. Amid the confusion and lack of comprehensive documentation, it is now believed that only 15,000–20,000 genuine 1923 halfpennies were struck in Melbourne, likely for trial purposes to test the pressure required for minting copper coins.
The exact number of Uncirculated 1923 halfpennies remaining today is unknown, adding to their mystique and rarity. Discovering one is a remarkable feat, and pristine examples have fetched upwards of $50,000 at auction—an enduring testament to their value and desirability. For decades, these elusive coins circulated unnoticed, a hidden treasure in plain sight.
Obverse: King George V, crowned, facing left.
Reverse: Denomination within a circle.