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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.

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Melvina Wisoky

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3y ago
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16y ago

Cents from the 1950s are common and only worth 3 to 5 cents.

The only exception is a 1955 coin that shows clear doubling of the date and motto, kind of like a "ghost" image. This error can retail for $1000-1500.

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15y ago

1950S 'Wheat Penny' in fine condition is worth $0.05, uncirculated is worth $1.25.

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Q: What is the value of a 1950s penny?
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