Coins and Australia - Half Penny 1916 - Australian coins price guide and values

Half Penny 1916 - Australian Coins Price Guide and Values

Half Penny 1916 - Australian coin
The date on the image can be different from the year selected.

Considered the rarest and most valuable australian halfpenny, approximatly 10 examples of the 1916 mule are known and all have been pulled from circulation in Australia. While the Calcutta Mint was striking the Indian quarter annas and the Ausralia half penny 1916 coins, intentionally or not, obverse dies from both coins were paired creating the mule. The finds occurring decades after the original issue are met with skepticism by dealers and collectors across Australia and often assign them as fake. Read more »

Half Penny 1916 value

The value of a Half Penny 1916 Australian coin depends on several factors such as quality and wear, supply and demand, rarity, finish and more.


Variety MS-60 MS-61 MS-62 MS-63 MS-64 MS-65
1916 - I $149$186$224$356$524$979
1916 - I - Mule ------
Variety MS-66 MS-67 MS-68 MS-69 MS-70
1916 - I -----
1916 - I - Mule -----

Auctions prices and values

View the average prices of certified Half Penny 1916 sold at auctions »

Half Penny 1916 - I - Mule

On October 5, 2019, an Australian copy of this coin, certified PCGS VF-35, sold for AUD$36,000 by Roxbury's Auction House. This particular coin was found in 2019 in a tin in a shed on a deceased estate.

Another was sold by Noble Numismatics in March 2015, ungraded gVF condition (~EF Sheldon) and realized AUD$64,530. In June 2011, Queensland's International Auction Galleries sold an ungraded halfpenny 1916-I Mule in aVF (~EF Sheldon) for AUD$81,550.



I mint mark is visible under the lower scroll on reverse to indicate that the coin was produced at the Calcutta mint in India.

Half Penny 1916 I Mintmark - Calcutta Mint Pre-decimal coin

I - Mule

Struck with the obverse of a (British) Indian Quarter Anna. The legend is George V King Emperor instead of the regular Georgivs V D.G.Britt: Omn:Rex F.D.IND.IMP:.

Half Penny 1916 I Mintmark - Calcutta Mint Pre-decimal coin

Errors and varieties from the community
Planchet errors and varieties
#175 Half Penny 1916 - Flaw planchet -


  • Half Penny 1916 - I : 3,600,000
  • Half Penny 1916 - I - Mule : Included above

Specifications - Half Penny 1916 - I

  • Mint: Calcutta
  • Alloy: 97% copper, 2.5% zinc and 0.5% tin
  • Weight: 5.67g
  • Diameter : 25.5mm
  • Engraver: Obverse: Sir E. B. MacKennel, Reverse: W. H. J. Blakemore
  • Die axis: ↑↑

Last update : Saturday, January 27, 2024

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1916 I Halfpenny Australia Half Penny Graded Choice Uncirculated PCGS MS64RB $1,195.00 21d 11h left

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