A complete collection of Perth Mint Proof Coins, 1957 to 1963.


1957-1963-Perth-Proofs-FDC-July-2019
A complete collection of Perth Mint Proof Coins, 1957 to 1963.
COIN
A complete collection of Perth Mint Proof Coins, 1957 to 1963.
QUALITY
Superb blazing orange proofs. FDC.
PROVENANCE
Private Collection Melbourne
PRICE
A 20th anniversary celebratory price of $15,000 (normal R.R.P. $21,000).
COMMENTS
On 1 July 2020, Coinworks will have been trading twenty years. We are kick starting the celebrations and for one week only, we are offering this collection of twelve stunning copper proofs at a celebratory price of $15,000 (normal R.R.P. $21,000).
STATUS
Sold June 2020
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This collection is comprised of the following Perth Mint proof coppers.

  • 1957 Perth Mint Proof Penny - the Proof 1957 Penny was minted in a matte and bright finish. Both types are offered in this collection.
  • 1958 Perth Mint Proof Penny
  • 1959 Perth Mint Proof Penny
  • 1960 Perth Mint Proof Penny & Proof Halfpenny
  • 1961 Perth Mint Proof Penny & Proof Halfpenny
  • 1962 Perth Mint Proof Penny & Proof Halfpenny
  • 1963 Perth Mint Proof Penny & Proof Halfpenny

We have always liked this area of the market and for the following reasons:

  • That the Perth Mint is still operating makes these coins a vital part of the mint's history and yet at the same time refreshingly current.
  • The proof coins struck by the Perth Mint between 1957 and 1963 are a perfect entry point into the Australian rare coin market. Limited edition proof coins, especially struck for collectors in the 1950s and 1960s.
  • The mintages are minuscule, around the 1500 mark.
  • The opportunities for purchase are severely reduced if you are a collector seeking out the calibre of the coins we have on offer. Less than a handful would be sighted on the market at this quality level annually.
  • Rare and yet affordable, the coins are available at a dollar level that attracts a lot of collectors.
  • In top quality, the coins are stunning to look at, a solid blazing orange.
  • And very importantly, they are highly historical collector items. The success of the Perth Mint's proof coin program was a catalyst for the introduction of a decimal proof coining program for collectors by the Royal Australian Mint, Canberra in 1966.
  • They are great pieces to tuck away for the future either for yourself, for your children or your grandchildren.

The fact that the Royal Australian Mint and Perth Mint are today such prolific producers of proof coins may have some collectors believing that proofs struck in the pre-decimal era (prior to 1966) were similarly available. This is simply not the case.

The Sydney Mint opened in 1855 and closed in 1926 and throughout its entire minting history, did not strike proofs on a commercial basis for collectors. The Melbourne Mint opened in 1872. And the Perth Mint in 1899 and both mints did not strike proofs for collectors on a regular basis until 1955.

The collector proof program introduced in 1955 continued uninterrupted until 1963 just prior to decimal currency changeover. The coins featured the flying kangaroo design on the reverse. And Queen Elizabeth II on the obverse.

Government intervened in just one aspect of the program. Only those coins being struck for circulation were to be issued as proofs. As the Perth Mint was striking only copper circulating coins for Treasury, it could strike only copper proof pennies and halfpennies for collectors.

The coins were released annually with an official issue price of face value plus a premium of one shilling per coin.

Each piece was struck to exacting standards – from the selection and polishing of blanks, the preparation of dies and ultimately the actual striking. The result is a coin that is pleasing to the eye, with strong designs and superb smooth mirror background fields.

 

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