![]() ![]() Because of the economic recession, in 1930, the Commonwealth decided not to place any orders for new pennies – yet, some were made. Known as ‘the coin not meant to be struck’, they were minted during a tumultuous time – in the middle of the Great Depression. ![]() While not technically correct, 1930 pennies are prized possessions amongst collectors. If you ask a coin collector, “what is the rarest Australian coin?”, they would likely say the 1930 penny. Hi, my name is Sally and today I’m going to be talking to you about the 1930 penny. Join us next time as Sally introduces the 1930 penny. While they’re not particularly rare, 1919 pennies can still fetch a collector more than $1000 depending on condition. ![]() While coin collectors have attempted to work out which dot pattern denotes which Mint, it is highly likely that, due to high demand, the dies ended up being passed back and forth between the Sydney and Melbourne Mints, making this quest futile. These variations happened as a result of the dies being sourced from different locations: the London Mint, which were considered completed dies the Melbourne Mint, which were cloned dies based on the London dies and the Calcutta Mint in India, which were half-finished, unhardened dies completed by the Melbourne Mint before production. ![]() The first variety has no dots, the second has a dot above the top scroll and a dot below the lower scroll (called a double dot variation), and the third features a single dot below the lower scroll. The 1919 penny has three different variations that can be distinguished by the location of small beads around the scrolls on the reverse. While historic mints would often place ‘mintmarks’ on coins made at their facility (such as a small ‘M’ for the Melbourne Mint, or ‘S’ for the Sydney Mint), it is also possible to speculate where a coin was made by deciphering very small differences in the dies used to strike them. For this reason, the 1919 pennies, with the reverse design by Blakemore and the obverse of King George V by Mackennal, are special.ġ919 pennies are great examples of the subtle variations between coins made at different mints. Although Australian pennies had been made for the newly federated nation since 1911, they were all minted at the Royal Mint in England or India. The 1919 penny was the first Australian penny minted on Australian soil. has retained 500 shares (or 12.5%).Hi, my name is Graeme and today I’m going to be talking to you about the 1919 penny. Ownership has been divided into 4000 pieces - or shares - which people are able to purchase for £50. The Edward VIII Penny was acquired by the collectables platform earlier this year. It is the only privately traded example of the coin which exists. The current price tag makes it 500 times more precious than gold on a gram-for-gram basis, and 20 million times more valuable than its own face value. Baldwin & Sons - saw its value shot up another 50% in just two-and-a-half years. The most recent £200,000 appraisal - by the London coin dealers A. In 1978, it surfaced at auction fetching £25,000 before being sold again in 2019 for £133,000. Whilst the whereabouts of the penny over the years is shrouded in mystery, historians believe an American collector may have purchased the coin from the Royal Mint at a date unknown. Its allure, therefore, stemmed from the fact it never entered public circulation owing to the monarch’s abdication. The Royal Mint scheduled the issue of the King Edward Penny for 8am on Janubut the plans were quickly abandoned when Edward abdicated the throne on December 11, 1936. ![]()
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