The coin is sharply struck and under the glass, it shows the heavy striations associated with distinct die preparation. Brilliantly preserved, it is offered today a century after it was struck, with beautiful blue / purple / golden toning.
This is the third only 1916 Specimen Penny that we have offered in a career that spans forty-plus years. While it is true that we have sighted more than three examples … this coin and the other two examples sold many years ago are the only pieces that we rate highly.
The date 1916 is a pivotal one for the numismatic industry.
It was the very first year that the Melbourne Mint struck our silver Commonwealth coins. And the first year that the Bombay Mint began minting our pennies and halfpennies.
The discovery of this superb copper rarity is therefore timely.