1945 Proof Penny Melbourne Mint - FDC


1945 Proof Penny
1945 Proof Penny Melbourne Mint - FDC
COIN
1945 Proof Penny Melbourne Mint - FDC
QUALITY
FDC
PROVENANCE
Museum of Victoria Archives, Private Collection Melbourne
PRICE
$ 275,000
COMMENTS
Move over 1930 Penny. Step aside 1937 Pattern Penny. With two held in private hands, the 1945 Proof Penny struck at the Melbourne Mint is Australia’s rarest penny. This coin is for the buyer keen to acquire the very best of the best, for aside from its title as Australia’s rarest penny, this coin is an industry showpiece. It is the finest George VI Melbourne Mint copper proof we have ever seen.
STATUS
Available now
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It might have been chilly in Melbourne in July 2009 when this coin was offered at auction. But there was plenty of heat generated in the auction room when four bidders vied for this fabulous 1945 Melbourne Mint Proof Penny. The coin set a world record price for an Australian George VI copper proof, the final price a resounding $246,980.

The coin had been released from the Museum of Victoria Archives and became the second only example available to private collectors of Australia’s rarest penny.

There were some who felt that the availability of a second specimen might soften prices.

Quite the reverse. The market moved into top gear in an attempt to secure the coin, the bidding activity taking the final price to nearly double that recorded in November 2006 when the first example came onto the market.

This 1945 Proof Penny has a six out of six star rating.

  • The coin is Australia’s rarest privately held penny
  • It is an exemplary proof assigned the highest quality rating of FDC.
  • It is the finest of the two known ’45 proofs
  • In our opinion it is the finest Melbourne Mint George VI copper proof coin  of any date.
  • It has an outstanding track record at auction.
  • Revered provenance from the Museum of Victoria Archives
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