1930 Penny


1930 Penny VF rev - Shume 161118-336
1930 Penny
COIN
1930 Penny
QUALITY
Very Fine
PROVENANCE
Private Collection Melbourne
PRICE
$ 52,500
COMMENTS
This is a ‘top’ quality 1930 Penny, in the upper 5 per cent of known surviving examples. To put this into perspective, this coin is classified four grades higher than the average 1930 Penny which is graded at ‘Fine’. With attributes that are clearly visible to the naked eye, this 1930 Penny is all class, and, at a quality level of Very Fine it also is a great rarity.
STATUS
Available now
9928
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As you would expect with a coin that is graded Very Fine, it has a complete central diamond that stands out and fairly smacks you in the eye. And this is an important point for us. We are quite adamant that for a 1930 Penny to be classified as Very Fine, the central diamond in the King’s crown on the obverse has to be complete and prominent.

And it is this obsession with technicalities that ultimately guarantees our quality and protects our clients.

Furthermore,

  • The coin has six strong pearls in the crown on the obverse.
  • The upper and lower scrolls on the reverse are strong.
  • The circular beading on the reverse also is crisp and well defined.
  • Even toning and smooth fields add further to its appeal.

1930 Penny Crown up close

And web watchers will note the infrequent appearances on the Coinworks website of 1930 Pennies at this high quality level: a reflection of the scarcity of premium quality examples.

The pride in owning a 1930 Penny at this quality level is immeasurable.

The coin is a national icon and its star status has made it one of Australia’s most valuable coins. What’s most interesting is that the 1930 Penny stumbled into fame.

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. The mint does however have a record of the six Proof 1930 Pennies that were struck as museum pieces.

The suspected mintage of the 1930 Penny is 1500 to 2000.

The 1930 Penny is still to this day the glamour coin of the numismatics industry and is unrivalled for popularity, enjoying a constant stream of demand unmatched by any other numismatic rarity.

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