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Irish 1931 Penny Value

Coin Values, images, and specs for the 1931 Penny from Ireland.

The Irish 1931 Penny, made of bronze, featured a design symbolizing Irish agriculture with a woman harvesting wheat. In 1931, Ireland was an independent state, having gained independence from Britain in 1922. The Irish 1931 Penny was part of the early efforts to establish a national currency and identity, reflecting Irelands agricultural economy during a time of political change.

Economically, Ireland faced challenges in the early 1930s, with limited industrial development. The Irish 1931 Penny played a key role in everyday transactions, representing the country’s reliance on agriculture and its new political status. The coin’s design and metal reflected Ireland’s focus on national pride and economic self-sufficiency.
Obverse of Irish 1931 Penny Value Reverse: Irish Irish 1931 Penny Value

Irish 1931 Penny Valuations

Very Good Condition
€0.25
Fine Condition
€1.00
Very Fine Condition
€2.00
Extremely Fine Condition
€12.00
About Uncirculated
€16.50
Mint State 60
€50.00
Mint State 63
€75.00
Mint State 64
€1,500.00
1931 Penny Mintage

Irish Free State 1931 Penny coin is a popular coin with 2,400,000 minted. Each year, the Irish Free State 1931 Penny mintage numbers vary, making certain years more sought after by collectors and investors due to their limited production.
The value of Irish Free State 1931 Penny coins are influenced by their rarity or mintage, condition, and historical significance.

1931 Penny Worth

The value of 1931 Penny depends on its rarity, condition, historical significance, metal content, and demand among collectors. Understanding these factors helps in assessing a coin’s worth accurately.

Coins with unique features or errors can also command higher prices due to their novelty and appeal to collectors.
The value of a Irish 1931 Penny coin is based on auctions, market trends, and numismatic sources. These figures are a guide only; rarity, condition, and collector demand can affect the actual price.

1931 Penny Coin Composition

The value of a Irish 1931 Penny coin depends on its composition and the current market prices of the metals used. Coins like the Irish 1931 Penny made from metals such as copper, nickel, or silver vary in worth based on their metal content and market conditions. While coins made from precious metals like silver may have a higher value due to fluctuations in silver prices, the Irish 1931 Penny coin made from more stable metals like copper or nickel tends to have a more consistent value. Factors like minting costs and collector demand also influence the value of the Irish 1931 Penny coin, regardless of its face value.