1948 halfpenny

au-halfpenny-1948

A coin of this date, photographed

Museums Victoria holds one of these and photographs each one, which is a documented proof that a coin bearing this date exists. It says nothing about how many were struck, and is not counted as a mintage anywhere here.

What they hold: proof. None of these is a circulating strike, so this date is attested only by pieces that were never issued for use.

Proof Coin - Halfpenny, Australia, 1948, photographed by Museums Victoria
Artist: George Kruger Gray, Museums Victoria, https://collections.museumsvictoria.com.au/items/55919 (CC BY 4.0)
Proof Coin - Halfpenny, Australia, 1948, photographed by Museums Victoria
Artist: Thomas Humphrey Paget, Museums Victoria, https://collections.museumsvictoria.com.au/items/55919 (CC BY 4.0)

Proof Coin - Halfpenny, Australia, 1948 proof

Mintage

no-coin-dated-figure 27,273,600 pieces

No document names how many coins were struck bearing the date 1948. These are report-year figures, on 3 different bases (issued and delivered and struck-in-report-year), and a coin dated 1948 was drawn from deliveries like these. Treating one of them as the mintage of a 1948 coin is what most published figures do, and it is the conflation this catalogue exists to document: the reports themselves record dates carrying over from one report year into the next.

FigureMintWhat was countedSource, and its own words
27,273,600 unstated issued
what the unstated mint issued during report year 1948
Reports of the Deputy Master and Comptroller of the Royal Mint, Australian branch sections
Half-pence 56,820

£56,820 x 480 coins per pound

4,598,400 Melbourne delivered
what the Melbourne mint delivered during report year 1948
Reports of the Deputy Master and Comptroller of the Royal Mint, Australian branch sections
£89,300 pence and £9,580 in half-pence have been delivered to the

£9,580 x 480 coins per pound

22,262,400 Perth struck-in-report-year
what the Perth mint struck-in-report-year during report year 1948
Reports of the Deputy Master and Comptroller of the Royal Mint, Australian branch sections
all halfpence, was struck with a face value of £46,380. This was boxed ‘ y,

£46,380 x 480 coins per pound

27,273,600 not stated issued
what the Commonwealth Treasury issued across the whole of Australia during 1948
Reports of the Deputy Master of the Royal Mint, Australian branch memoranda and appendices
0 Shillings 206,600 Sixpences ... ... ... 39,600 Threepences 332,400 1,328,600 BRONZE Pence 86,940 Half-pence 56,820 143,760 £1,472,360 The revenue for the year was £120,638 95. 10d., the expenditure debited to the Mint Grant for the year b

£56,820 x 480 coins per pound

What can be said instead

No document names a figure for coins dated 1948. The reports do say what the branch mints delivered in the report years around it, and a coin of this date had to come from one of those deliveries.

Report yearAs the report prints itIn piecesMint
1948 56,820; £9,580; £46,380 54,134,400unstated, Melbourne, Perth
1949 £46,480; 41,740 42,345,600Perth, unstated

So at most 96,480,000 pieces can bear the date 1948, if Coins dated 1948 were struck in report year 1948 or 1949.

The reports describe dates lagging by a year, but not always by only one: the 1939 report records that Melbourne went on using 1936 dies throughout 1937. Where a date persisted, the true figure can exceed this ceiling.

Where the usual figure comes from. A figure near 54,134,400 for 1948 is what you get by taking the report year 1948 delivery and treating it as the coin’s date. That is not a guess about what other sources do: on fourteen penny years where a widely used public guide could be checked against these reports, five reproduce exactly as the pound figure times its coins per pound with the last three digits dropped, the residuals being 200, 400, 600, 800 and 800. The other nine differ by millions, which is what happens when the report year and the coin’s date genuinely come apart. The working is here.

What this page does not tell you

It does not tell you what the coin is worth. A catalogue can honestly report how many were struck, what metal is in one, and what the documents say. It cannot report a market price without either inventing it or copying someone who might have. So this catalogue reports the first three and stays quiet about the fourth.

All halfpenny issues