1923 Halfpenny


1923 Halfpenny date side July 2018
1923 Halfpenny non date side July 2018
1923 Halfpenny
COIN
1923 Halfpenny
QUALITY
Choice Uncirculated
PROVENANCE
Madrid Collection of Australian Rare Coins
PRICE
$95,000
COMMENTS
This Choice Uncirculated 1923 Halfpenny was acquired in 2008 by the owner of the Madrid Collection of Australian Rare Coins. It was, at the time, one of two elite 1923 Halfpennies that came to the market for private sale. The first coin was the unique Proof 1923 Halfpenny. The second coin was this example: a coin that was originally struck for circulation but had survived the production process and preserved in an almost proof-like state. Our client was not influenced by the dollars involved, he had the capacity to acquire both pieces. But he opted for the latter. He is one of many collectors that respect the magnitude of top quality ‘circulating’ coins over of the substance of proof coinage.
STATUS
Available now
1923 Halfpenny non date side July 2018
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Australian collectors just love their copper coins. While not everyone could hold onto (or even gain access to) a gold coin, the nation’s coppers were accessible to the man in the street.

And while there is no doubt that Australia’s 1923 Halfpenny has benefited from the emotional feelings stirred up by its side-kick, the 1930 Penny, the ’23 stands on its own merits as Australia’s rarest halfpenny. And an Aussie icon.

This coin is one of the finest known examples of the nation’s scarcest halfpenny. Tucked away for close to a decade it is proof-like in its appearance and is one of three known at this quality level.

It is in a remarkable state of preservation: lustrous, smooth surfaces.

As a company we appreciate top quality. But more than top quality we love to see the words ‘exceptional quality’ ascribed to a piece.

This coin is exceptional for quality.

That the Sydney Mint in its Annual Report recorded the striking of 1,113,600 halfpennies in 1923 would tend to suggest that it was a common date coin. 

For decades collectors challenged the point, drawing on their experience that the 1923 Halfpenny was the least available coin in the halfpenny series.

John Sharples, at the time Curator of Australia’s National Coin Archives set the record straight when he undertook an analysis of die production and die usage at both the Sydney and Melbourne Mints.

His research confirmed that the 1,113,600 halfpennies struck at the Sydney Mint were in fact dated 1922.

The 1923 Halfpenny was in fact struck at the Melbourne Mint in a mintage of approximately 15,000, confirming its status as Australia’s rarest circulating halfpenny.

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