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1930 Penny


1930 Penny
1930 Penny
COIN
1930 Penny
PRICE
$ 85,000
STATUS
Sold September 2015
QUALITY
Good Very Fine / about Extremely Fine
PROVENANCE
KJC Coins 2002, Private Collection Melbourne
COMMENTS
The 1930 Penny is Australia’s favourite copper rarity and this particular example is in the top 1 per cent of known surviving examples. Our experiences attest to the scarcity of a 1930 Penny at this quality level. We have been involved in the industry for more than forty three years and this is the second only good Very Fine ‘1930’ that we have handled. Absolutely one of the finest known, and in a league of its own, the coin has superb detail and magnificent fields. You just know it has to be good when your photographer asks … “is this a proof coin?’ Read More and check out the graph and chart that clearly shows why a 1930 Penny at this quality level is so elusive. And why it will grow in value.
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The accidental minting of the 1930 Penny was not discovered until the 1940s. That the 1930 Penny underwent at least a decade of circulation before it was discovered means that most of the surviving examples are well circulated, with edge bumps and field marks.

This coin has superb fields, solid edges and well defined inner beading. The upper and lower scrolls are crisp. The obverse has a full central diamond that almost leaps out of the crown and a complete lower band. And of course the seventh and eighth pearls are visible.

And while all of the above details may sound very technical … it is the complete and strong central diamond, the complete lower band and the presence of the seventh and eighth pearl that places this coin in a league of its own and justifies the supreme quality level of Good Very Fine / about Extremely Fine.

1930 Penny Graph 

Quality Level Features Availability
Good Very Fine (gVF) & better  A full centre diamond, presence of 7 & 8 pearl.  1%
Very Fine (VF)  A full centre diamond, 6 pearls.  5%
Nearly Very Fine (nVF) An almost complete centre diamond, 6 pearls.  10%
About Very Fine (aVF) 2-3 sides of centre diamond, 6 pearls. 16%
Good Fine (gF) 1 side of centre diamond, 6 pearls.147. 32%
Fine (F) or less Centre diamond obliterated, 6 pearls, full band at base of crown. 36%

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