The obvious answer to this one is its value. The Proof 1930 Penny is Australia’s million-dollar penny. Nearly everyone knows it. And is proud of the fact.
Rare Australian 1938 Silver Proof Coin Set. Being Sold as a Collection. Coins Description: The Australian Pre Decimal 1938 Silver Coin Collection. Set Comprises: Three Pence (3d), Six Pence (6d), One Shilling (1/-) and Two Shilling (2/- or Florin). Grading: PR64 PCGS Graded and Slabbed. The Blue Sheet is Australia's premier on-line coin valuation reference on Australian coins and the first Australian reference to value coins to the Sheldon numerical standard for more precise valuations. The Blue Sheet values Australian coins from New South Wales' Holey Dollar and Dump right up to our present circulating currency and provides a. The coin was acquired at a Melbourne public auction and later sold to the owner of the Madrid Collection of Australian Rare Coins for $147,500. Now in a retirement phase, the owner is relinquishing his prized possession and has consigned the coin to Coinworks to offer in 2021. A second Proof 1930 Penny surfaced in 1999.
But there are two other reasons why the Proof 1930 Penny is so famous. It is a ‘penny’. And it has the date ‘1930’ on it, the year '1930' being the key.
Australians just love their pennies. It was the coin that everyone was familiar with. The round copper that you had in your pocket. The coin that, as a child, you might be given to go to the corner shop to buy a MacRobertson’s Freddo Frog.
And the 1930 Penny is the rare one! It was the coin that could bring instant wealth to those lucky to find one in their change.
Australia was socially and economically blitzed in 1930 during the Great Depression. And there was no requirement to produce pennies for circulation.
But somehow a few pennies were accidentally produced at the Melbourne Mint and released into circulation. The suggested figure a miserly fifteen hundred 1930 Pennies.
The accidental minting of the 1930 Penny was not discovered until the 1940s, dealers responding to the discovery by offering to pay up to 10/- for an example. By 1960 the 1930 Penny had become a national symbol, newspapers instrumental in creating that image with television also playing a role. By 1965, an average used 1930 Penny had more than doubled in price to £120. And by decimal currency changeover, the price had moved to £255 ($510) and the 1930 Penny had captured the imagination of collectors and non-collectors alike.
Today a well-used genuine 1930 Penny can be worth upwards of $20,000.
The obvious answer to this one is its value. The Proof 1930 Penny is Australia’s million-dollar penny. Nearly everyone knows it. And is proud of the fact.
But there are two other reasons why the Proof 1930 Penny is so famous. It is a ‘penny’. And it has the date ‘1930’ on it, the year '1930' being the key.
Australians just love their pennies. It was the coin that everyone was familiar with. The round copper that you had in your pocket. The coin that, as a child, you might be given to go to the corner shop to buy a MacRobertson’s Freddo Frog.
And the 1930 Penny is the rare one! It was the coin that could bring instant wealth to those lucky to find one in their change.
Rare Australian Coins List
Australia was socially and economically blitzed in 1930 during the Great Depression. And there was no requirement to produce pennies for circulation.
Rare Australian Coin Values
But somehow a few pennies were accidentally produced at the Melbourne Mint and released into circulation. The suggested figure a miserly fifteen hundred 1930 Pennies.
The accidental minting of the 1930 Penny was not discovered until the 1940s, dealers responding to the discovery by offering to pay up to 10/- for an example. By 1960 the 1930 Penny had become a national symbol, newspapers instrumental in creating that image with television also playing a role. By 1965, an average used 1930 Penny had more than doubled in price to £120. And by decimal currency changeover, the price had moved to £255 ($510) and the 1930 Penny had captured the imagination of collectors and non-collectors alike.
Rare Coins Australian Penny
Today a well-used genuine 1930 Penny can be worth upwards of $20,000.