1931 Proof Penny struck as a Coin of Record at the Melbourne Mint and the absolute finest of three known examples.

Coming in February 2025

Superb FDC with full brilliance on both obverse and reverse

Australian Coin Auctions 28 February 2002, Lot 1689

A provenance says a lot about a coin. And in the case of this 1931 Proof Penny, it speaks volumes. The coin made its first public appearance at Australian Coin Auctions sale in February 2002. The auction was a water-shed moment for the numismatic industry offering proofs that had never been seen before. And realising prices that also had never been seen before. The quality was unprecedented. And twenty years down the track we still haven’t seen anything like it. The vendor indicated that he had bought the collection in the 1950s from renowned collector Roy Farman, who in turn was a close friend of Albert Le Souef, the Deputy Master of the Melbourne Mint. We attended the auction and the competition for acquisition was amazing, the proofs selling for prices that trampled pre-auction estimates and catalogue values. This 1931 Proof Penny is a brilliant FDC and is simply a stunning coin.