This very rare 1920 Square Penny, and one other dated 1919, are the last two coins remaining from a multi-million dollar holding that we have been liquidating over the past four years. Price watchers will note that both coins have been well priced: the vendor keen to finalise the sale of her collection.
With this 1920 Square Penny you will invest in a great year and a great coin.
The year 1920 hosts the rarest coins in the Australian numismatic industry: a stunning line-up that includes Australia’s rarest florin, the 1920 Pattern Star Florin, one of Australia’s most valuable shillings, the 1920 Pattern Star Shilling, one of Australia’s most valuable sovereigns, the 1920 Sydney Mint Sovereign. And the 1920 Square Halfpenny and 1920 Square Pennies, Type 7, 8, 9 and 10.
Our particular favourite out of the 1920 Square Penny options has always been the Type 7.
It is extremely rare (we estimate that less than 15 examples are known) and comes with all the prestige and glamour that the date ‘1920’ attracts. But it doesn’t come with the hefty price tag.
For such a solid rarity it is still very affordable.
And this example is superb for quality. The Square Pennies were test pieces of an intended circulating coinage and the production process did not involve kid gloves treatment.
As a consequence, Square Pennies that have perfection in their edges and that are highly reflective with strong proof-like qualities are to be savoured. They are the exception to the norm. This Type 7 Square Penny is superb.