1930 Penny - and our bonus offer of a Choice Uncirculated Melbourne Mint 1930 Sovereign.

1930 Penny about VF rev March 2019
1930 Penny about VF obv Large March 2019
1930 Penny - and our bonus offer of a Choice Uncirculated Melbourne Mint 1930 Sovereign.
1930 Penny - and our bonus offer of a Choice Uncirculated Melbourne Mint 1930 Sovereign.
Sold July 2019.
about Very Fine / Very Fine
Private Collection Melbourne
We love this coin. And in fact, we were the under bidder when it was offered at a Sydney Auction several years ago, outgunned by a very determined and experienced Victorian collector. (The same vendor also owned the third finest known 1930 Penny that we sold last year for $150,000 so he has a great eye for quality.) The collector has been passionate about coins since he was a child. Now approaching retirement, he has consigned this prized gem to Coinworks for private sale. Our view on the coin today is exactly the same as it was a few years ago when we entered the auction room. It's just a really impressive 1930 Penny made even more impressive by our bonus offer of a Choice Uncirculated 1930 Melbourne Mint Sovereign.
1930 Penny about VF obv Large March 2019
Enquire Now
1930 Penny about VF rev tech March 2019

This 1930 Penny has a superb reverse.

The 1930 Penny is legendary, and its star status has made it one of Australia's most valuable rare coins.

Because the dollars involved in acquiring a 1930 Penny are considerable, we offer one very basic tip for buyers to assist them in their decision-making process.

Select a 1930 Penny that is visually very attractive and has no obvious defects from its time in circulation.

This simple point will really count when, further down the track, it comes time for you to sell your coin and realise on your investment.

The 1930 Penny that we have for sale fits that profile in every respect. 

The aesthetics, how the 1930 Penny looks to the naked eye, is an important part of the selection process.

The reason is simply that the coins were used, with the majority very well used, before collectors discovered their existence. Which means that many of the coins had been handled, mishandled, dropped, scratched or rattled around in change.

Once the coin has passed the 'aesthetics test' it is time to examine the fine details under a glass. 

The fine details confirm that the obverse of this 1930 Penny is graded 'About Very Fine' with:

  • two sides of the central diamond showing.
  • six clear plump pearls in the crown.
  • the lower band of the crown is complete.
  • nice edges.
  • smooth fields and handsome toning.

The reverse is graded higher at 'Very Fine' with:

  • nice edges.
  • smooth fields and handsome toning.
  • strong upper and lower scrolls.
  • well defined inner beading.
1930 Penny about VF obv Tech March 2019

And a superb obverse.

Australia’s 1930 Penny is legendary and its star status has made it one of Australia’s most popular rare coins. 

Officially the 1930 Penny was never struck and a review of minting records at the Melbourne Mint confirms that no pennies were struck for circulation in that year.

But as we now know. A small quantity of pennies were issued by the Melbourne Mint with the estimated mintage being 1000 – 1500.

And while many theories have been put forward as to how the error occurred, no one really knows how and why.

That no one has a definite answer only adds to the romance and the mystery that has shaped the image and profile of Australia’s 1930 Penny. 

Unrivalled for popularity, the coin enjoys a constant stream of demand unmatched by any other numismatic rarity.

It is an industry phenomenon, for in a market that is quality focused it is interesting to note that the 1930 Penny is keenly sought irrespective of its quality ranking.

And growth over the mid to long term has been significant across all quality levels.

The 1930 Penny was selling for £50 in the 1950s. A decade later, by decimal changeover, the coin was fetching £255 ($510). By 1988, Australia's Bicentenary, the 1930 Penny had reached $6000.

By the turn of the century, with interest in coins stimulated by the Sydney Olympics, 1930 Penny prices had moved to $13,000.

And with a 100th anniversary just over a decade away, the push to acquire Australia’s favourite Penny is already on.  

enquire now


PO Box 1060 Hawksburn Victoria Australia 3142

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