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The estimated values above are based on a combination of published guides, recent sales, projected values, and a variety of other sources.


They represent retail values and are provided as a guide only.

No allowance has been made for detractors, which will impact negatively on value.

There is much conjecture over whether the 'no dot' variety, either in the Indian obverse or the London obverse actually exists, or whether they are all actually 'dot below bottom scrolls' that have been subject to a die fill error, resulting in the dot being missing.


Pricing guides and other literature on varieties and errors all point to the existance of the 'no dot' variation, so for all intents and purposes, they exist now, whether by design or by error, and are valued and assessed differently to other 1920 Australian pennies as a result.


My personal opinion is that they are likely to actually be die fill errors, however I have not seen conclusive proof, one way or the other.


I would refer anyone wanting to know more on to a good thread in the 'Coin Communty Forum', where this is discussed by a recognised expert with the 1920 penny.


As identified in the thread, key indicators can be identified to show matchings with 'dot below' pennies, as matchings have been done with die pairings, rather than master die pairings, isolating down to the individual dies used in manufacture.     This does indicate to me that 'no dots' were actually 'dot belows' with die fill.


1920 'no dot' thread on CCF

1920 Australian Penny

(no dots, London obverse)

TDK APDC

Resource website


Australian penny

1920 no dots, London

Australian Pre-Decimal Coins

TDK

  

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1920 'no dots, London obverse' Australian Penny Value, RRP 2014
VG F VF EF aUnc Unc
$40 $110 $463 $1,950 $4,575 $ 13,750 +
1920 Australian Penny Specifications
Edge Plain
Weight 9.45 grams
Diameter 30.8 mm
Composition 97% copper, 2.5% zinc, 0.5% tin
Mintage approx. 9,041,000 (includes all 1920 varieties)
Scarcity 'No dots, London obv' - scarce