1 Penny - George V (1 Penny 1) 1923-1924 front 1 Penny - George V (1 Penny 1) 1923-1924 back
1 Penny - George V (1 Penny 1) 1923-1924 photo
© David Mikeladze

1 Penny - George V 1 Penny

 
Bronze (95.5% Cu, 3% Sn, 1.5% Zn) 9.45 g 31.0 mm
Description
Issuer
South Africa
King
George V (1910-1936)
Type
Standard circulation coin
Years
1923-1924
Value
1 Penny (1⁄240)
Currency
Pound (1825-1961)
Composition
Bronze (95.5% Cu, 3% Sn, 1.5% Zn)
Weight
9.45 g
Diameter
31.0 mm
Thickness
2.04 mm
Shape
Round
Technique
Milled
Orientation
Medal alignment ↑↑
Demonetized
31 March 1961
Updated
2024-10-07
References
Numista
N#70365
Rarity index
33%

Reverse

A ship, 'Dromedaris', sailing to right, legend in English and Afrikaans either side, with date above and denomination below, engraver's initials in front of ship.

Script: Latin

Lettering:
SOUTH·AFRICA · 1923 · ZUID·AFRIKA
KG
* 1 · PENNY · 1 *

Engraver: George Kruger Gray

Edge

Plain

Comment

The Dromedaris is one of the three vessels which brought Jan van Riebeeck and his small group of settlers to South Africa from Holland in 1652 in order to establish a refreshment station on behalf of the Dutch East India Company.

Interesting fact

The 1 Penny coin from South Africa featuring King George V was part of a series of coins minted during the transition from the Cape of Good Hope pound to the South African pound. This coin was minted in 1923 and 1924, and it was the first coin to feature the image of King George V, who had recently ascended to the throne. The coin was made of bronze and had a distinctive design, with the king's image on one side and the value of the coin on the other. It was a significant change from the previous coins minted in the Cape of Good Hope, which featured a portrait of Queen Victoria. The introduction of this coin marked a new era in South African currency and paved the way for the country's transition to a new monetary system.

Price

Date Mintage VG F VF XF AU UNC
1923  1402 - - - - - -
1924  134487 - - - - - -

Values in the table are based on evaluations by sales realized on Internet platforms. They serve as an indication only for 1 Penny - George V (1 Penny 1) 1923-1924 coin.