1931 Australian Penny - London Obverse with "Dropped 1" - Very Fine

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The 1931 Australian Penny was minted in Melbourne, Australia. 

With an approx. mintage of 494,000, it is considered harder for the period.

Four obverse / reverse die combinations were used during 1931 when making Australian pennies: The 'Indian obverse', the 'London obverse', the '177 bead reverse', and the '174 bead reverse'.

There is also a variation with dates, specifically some coins have the last '1' in the date lower than the other numbers, commonly known as a 'dropped 1' variety.

This is the "London Obverse" variety with the "Dropped 1" and 174 bead reverse.

I would grade this example as Very Fine.

The obverse features the robed and crowned bust of King George V facing left, with the legend: 

'GEORGIVS V D.G.BRITT:OMN:REX F.D.IND:IMP:'

The reverse shows an inner beaded circle with  the words 'ONE HALF PENNY' above a small scroll, surrounded by the legend: 'COMMONWEALTH OF AUSTRALIA', and the date below.

Please see images to perform a personal inspection as this is the exact coin you will receive.

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