1 Penny - George V 1 Penny 1

South Africa's first domestic penny coinage was struck at the newly established Pretoria Mint, which opened in 1923 — the first mint on African soil operated under British imperial authority. These early Pretoria issues are distinguished from their later counterparts by the KM#14.1 designation, reflecting minor die differences corrected after the first two production years. Mintages for 1923 and 1924 were modest, as the Pretoria facility was still calibrating its production capacity against actual circulation demand in a country where bronze coinage had previously been imported entirely from the Royal Mint in London.