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DOMINICA HD & D rev LARGE B&B August 2017
COIN
Dominica Holey Dollar and Dump (Charles IIII with portrait of Charles III)
QUALITY
Holey Dollar (Fine) Dump (Nearly Extremely Fine)
PROVENANCE
Howard. D. Gibbs Collection (HD) Gordon Collection (Dump)
PRICE
$57,500
COMMENTS
Had the craftsman that tooled out this Holey Dollar been a numismatist he would have recognised that the Spanish Silver Dollar that he was about to deface was potentially a great numismatic rarity. The Silver Dollar was struck in 1790 and had the legend of King Charles IIII but featured the portrait of the deceased King Charles III, who died two years earlier in 1788. This Holey Dollar is referred to as a transitional Holey Dollar, struck from a silver dollar that was created during a period of transition at the Mexico Mint when the portrait of the new King had not been received. Irrespective of the issuing authority, transitional Holey Dollars are extremely rare. We note the first formal record of ownership of this Holey Dollar is Howard D Gibbs. A great collector with a keen eye for rarity, he was a former owner of the world famous Madrid Holey Dollar and the Uncirculated New South Wales Holey Dollar that we are currently offering. This Holey Dollar from the British colony of Dominica is supremely rare.
STATUS
Available now
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Dominica HD & D obv LARGE B&B August 2017

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This Holey Dollar was struck in 1813 on a 1790 Mexico Mint Spanish Silver Dollar, pierced from the reverse side with crenellations. The pierced dollar was then counter stamped on the King’s head and on the reverse with a crowned 16 within a shaped indent. The monetary value was 16 bitts (the Dump had a value of 2 bitts).

Transitional Holey Dollars are supremely rare. They chronicle the limitations of communications in this era and the challenges of the colonial mints wishing to maintain silver coin production while at the same time observing the currency protocols necessitated for the passing of a monarch.

Eager to maintain production of silver coins to flow into Spanish coffers, a Royal decree granted the colonial mints the right to continue striking coins with the portrait of the deceased King Charles III. The legend was however amended to acknowledge the new monarch Charles IIII.

By 1791, the mints had received the portrait of the new king; the official portrait of Charles IIII appearing on the Spanish Silver Dollars for the first time in that year.

Dominica is a Caribbean Island. First sighted by Christopher Columbus in 1493, later colonized by the French in the 17th century and a British colony one century later.

Between 1642 and 1650, French missionary Raymond Breton became the first regular European visitor to the island.

In 1660, the French and English agreed that Dominica and St. Vincent should not be settled, but left to the Caribs as neutral territory.

But its natural resources attracted expeditions of English and French foresters, who began harvesting timber. 

In 1690, the French established their first permanent settlements. French woodcutters from Martinique and Guadeloupe began to set up timber camps to supply the French islands with wood and gradually become permanent settlers. 

In 1727, the first French commander, M. Le Grand, took charge of the island with a basic French government; Dominique formally became a colony of France, and the island was divided into districts or "quarters".

Already installed in Martinique and Guadeloupe and cultivating sugarcane, the French gradually developed plantations in Dominica for coffee. They imported so many African slaves to fill the labour demands that the population became predominantly African in ethnicity.

In 1761, during the Seven Years' War in Europe, a British expedition against Dominica led by Andrew Rollo conquered the island along with several other Caribbean islands. In 1763, France ceded the island to Great Britain under the Treaty of Paris.

The same year, the British established a legislative assembly, representing only European colonists. French remained the official language, but Antillean Creole was spoken by most of the population. In 1778 the French, with the active co-operation of the population, began the Invasion of Dominica, which was ended by the 1783 Treaty of Paris. French invasions in 1795 and 1805 ended in failure.

 


DOMINICA SN 7014 & 7029 HD & DUMP rev LARGE
COIN
Dominica Holey Dollar and Dump
QUALITY
Holey Dollar (Good Very Fine) Dump (Nearly Extremely Fine)
PROVENANCE
Barrie Winsor Collection
PRICE
$15,000
COMMENTS
History has judged the British colony of Dominica (in the Caribbean) as being somewhat of a trail blazer in the creation of Holey Dollars and Dumps. Embarrassed by the lack of English currency, Dominica took up the practice of ‘holing’ Spanish silver dollars and adapting the mutilated coins to a local currency as early as 1760. More than half a century earlier than the penal colony of New South Wales. This extremely rare 1798 Dominica Holey Dollar was created from a 1797 Mexico Mint Silver Dollar that was pierced with a hole etched by 15 notches. The Dump, also issued in 1798, was the centre plug that fell out of the hole during the striking of the Holey Dollar and features 15 notches, a well-defined script ’D’ and a small star within the ‘D’. Both the Holey Dollar and the Dump show minimal circulation and are extremely well preserved.
STATUS
Sold August 2017
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DOMINICA SN 7014 & 7029 HD & DUMP obv LARGE

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Dominica is a Caribbean Island. First sighted by Christopher Columbus in 1493, later colonized by the French in the 17th century and a British colony one century later.

Between 1642 and 1650, French missionary Raymond Breton became the first regular European visitor to the island.

In 1660, the French and English agreed that Dominica and St. Vincent should not be settled, but left to the Caribs as neutral territory.

But its natural resources attracted expeditions of English and French foresters, who began harvesting timber.

In 1690, the French established their first permanent settlements. French woodcutters from Martinique and Guadeloupe began to set up timber camps to supply the French islands with wood and gradually become permanent settlers.

In 1727, the first French commander, M. Le Grand, took charge of the island with a basic French government; Dominique formally became a colony of France, and the island was divided into districts or "quarters". 

 

Already installed in Martinique and Guadeloupe and cultivating sugarcane, the French gradually developed plantations in Dominica for coffee. They imported so many African slaves to fill the labour demands that the population became predominantly African in ethnicity.

In 1761, during the Seven Years' War in Europe, a British expedition against Dominica led by Andrew Rollo conquered the island along with several other Caribbean islands. In 1763, France ceded the island to Great Britain under the Treaty of Paris.

The same year, the British established a legislative assembly, representing only European colonists. French remained the official language, but Antillean Creole was spoken by most of the population. In 1778 the French, with the active co-operation of the population, began the Invasion of Dominica, which was ended by the 1783 Treaty of Paris. French invasions in 1795 and 1805 ended in failure. 


St Vincent HD 1802 rev LARGE B&B
COIN
St Vincent Holey Dollar
QUALITY
Nearly Extremely Fine
PROVENANCE
J. J. Ford
PRICE
$55,000
COMMENTS
There is a rule of thumb in our industry. Great collectors only ever own great coins and so it is with this extremely rare St Vincent Holey Dollar. Its first recorded owner was renowned American collector John J. Ford. It was Ford’s 1813 New South Wales Dump - the absolute finest of the D/2 variety - that created numismatic history in 2004 when it sold at auction at Stacks New York breaking the $100,000 barrier for the first time ever. His respect for quality and the opportunities he saw in owning coins of great rarity is evidenced in his ownership of the Dump and this St Vincent Holey Dollar.
STATUS
Available now
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St Vincent HD 1802 obv LARGE B&B August 2017

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This Holey Dollar was struck circa 1811 on an 1802 Mexico Mint Spanish Silver Dollar and is counter stamped on the King’s head with an ‘S over XII’ within a shaped indent. The Holey Dollar took on a monetary value of 12 bitts.

In the 18th and 19th centuries, the Spanish Silver Dollar was a universally accepted coin. And a universally adapted coin.

It was the piece that Governor Lachlan Macquarie turned to for his Holey Dollars and Dumps, the very first coins struck on Australian soil. 

It was a process that other British colonies also took up when they needed to supplement their currency, including the Caribbean island of St Vincent.

This extremely rare St Vincent Holey Dollar re-affirms the versatility and adaptability of the Spanish Silver Dollar in augmenting currencies the world over. 


1930 Penny VF rev B&B August 2017
COIN
1930 Penny
QUALITY
Very Fine
PROVENANCE
Jaggards Sydney, Private Collection Melbourne
PRICE
$50,000
COMMENTS
We have decided that we will let the photographs, and in particular the close-up shot of the Crown, do most of the talking in our offering of this extremely rare, superb quality 1930 Penny. The pie chart attached also tells a story and clearly shows the rarity of a coin at this quality level. A summary statement on this 1930 Penny. The King’s Crown shows six clear and plump pearls. Also a prominent central diamond, the four sides of the diamond clearly visible so that you don’t have to struggle to see it. The reverse is classified similarly at Very Fine. This coin is three times as scarce as your average 1930 Penny. Well preserved, it obviously became a collectable early in its life.
STATUS
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1930 Penny VF obv B&B August 2017

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1930 Penny VF Band B&B August

This Very Fine 1930 Penny has 

  1. A full central diamond, with four clear sides of the diamond that leap out and knock you in the eye.
  2. Six clear and plump pearls in the crown.
  3. The oval to the left of the central diamond is intact.
  4. Minimal marks in the field
  5. The reverse is particularly impressive with well-defined upper and lower scrolls and inner beading.
  6. A strong ‘1930’ date
  7. The edges are undamaged. The fields are undamaged. The fields are glossy and smooth. The toning is an even chocolate brown.

And while all the details to the left may seem very technical … it is the complete and strong central diamond, that places this coin in the extremely rare category and justifies the supreme quality level of Very Fine.

Our experiences attest to the scarcity of a 1930 Penny at this quality level. We might have access to one Very Fine 1930 Penny each year, such is its limited availability.

The pie chart clearly shows the extreme scarcity of this 1930 Penny (The grey area).

1930 Penny - Pie Chart

Have a 1930 Penny and wish to consider an upgrade? Then please contact us for further information. 


1930 Penny good Fine rev Large b&b August 2017
COIN
1930 Penny
QUALITY
Good Fine / about Very Fine
PROVENANCE
Private Collection Sydney
PRICE
$29,500
COMMENTS
This 1930 Penny has a quality classification of ‘Good Fine’ with six pearls in the Kings crown and a partial central diamond. The reverse is classified at a higher quality level of ‘About Very Fine’. Handsome chestnut toning, minimal marks in the field, a strong ‘1930’ date, this coin will make owning an example of Australia’s most famous copper rarity a reality for just one buyer.
STATUS
Sold August 2017
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1930 Penny good Fine obv Large b&b August 2017

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This is a 1930 Penny that you would be proud to show your family and friends and is a truly attractive example of Australia’s most famous copper rarity.

Presented in a handsome black presentation case.

Melbourne Mint records reveal that the 1930 Penny was never struck.

And while many theories have been put forward as to how it was inadvertently minted and released into circulation, no one really knows how and why. What is known is that its striking was an accident that was discovered by collectors in the 1940s. 

 

That the 1930 Penny underwent at least ten years of circulation before it was discovered means that surviving examples show wear. The coins were used. With the majority, very well used.

How soon into its life the 1930 Penny became a collectable, and was taken out of circulation, determines its price.

 


1916 Set in box front 2 July B&B
COIN
Original Cased 1916 Presentation Set
QUALITY
FDC
PROVENANCE
Royal Australian Mint National Coin Collection
PRICE
$195,000
COMMENTS
This original cased 1916 Presentation Set was formerly owned by the Royal Australian Mint, Canberra, held as part of Australia’s National Coin Collection. The Set is sold with official documentation validating its beginnings and its pedigree. It is the only cased 1916 Presentation Set to confirm its origins. As you would expect with four coins that have been sequestered for more than a century in an archival environment, their quality is stunning and this set is regarded as the absolute finest known. An affirmation of the product, the set sold for $60,500 on an estimate of $25,000 in 2002 when it was offered at auction.
STATUS
Available now
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1916 Set in box back b&b 3

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The value of currency in recording great moments in time is clearly shown in this distinguished piece of Australiana.

History was made when, in 1916, the Melbourne Mint commenced striking Australia's Commonwealth coins on home soil.

Prior to that the nation's coinage was minted overseas at the Royal Mint London and the Heaton Mint Birmingham.

The occasion was celebrated - and commemorated - by the production of the 1916 Presentation Set.

Melbourne Mint records confirm that sixty sets were prepared. 

Each set was comprised of the four silver coins of florin, shilling, sixpence and threepence struck to specimen quality and featured the ‘M’ (for Melbourne) mint mark below the date 1916.

The four coins were housed in a handsome, velvet-lined royal blue case.

A close examination of the coins in this particular set confirm that:

  • The Specimen Florin is beautifully struck, with superb detail in all its design elements. With even matte surfaces and beautiful pale peach toning, the coin shows the classic striations associated with this controlled striking.
  • The Specimen Shilling is superbly struck and beautifully toned and again the coin shows strong striations reflecting the meticulous die preparation of this controlled specimen striking.
  • The Specimen Sixpence has beautifully mirrored fields and is very well struck.
  • The Specimen Threepence also shows magnificent brilliance and again, is well struck.

 

While records show that 60 sets were produced, only 16 were sold, collectors charged 6/- for a cased set. 

A further 25 sets out of the original mintage were presented to dignitaries and politicians with the precise fate of the remaining sets unknown.

What we do know is that many of the cases have been lost and many of the sets have been broken up and sold as individual coins. We also know that others were accidentally used as circulating coins, their value irreparably reduced through wear.

Over the past 35 years we have sighted only seven complete cased sets on the open market. And this is the only set with supporting documentation that validates its origins. Furthermore it is the finest.

It is pieces of the calibre of this 1916 Presentation Set that has cemented Coinworks reputation for handling the very best quality and the most significant of Australian coin rarities.

From a national perspective, the year 1916 was a significant one.

Australia continued to suffer casualties in the battles of World War I with the Battle of Fromelles a standout disaster. The 25th April was officially named and observed as ‘ANZAC’ day. The Returned Sailors and Soldiers Imperial League of Australia (the forerunner of the RSL) was founded.

And in a nationalistic expression of our financial independence the Labor Government under the leadership of Prime Minister Billy Hughes commissioned the Melbourne Mint to strike the nation’s Commonwealth silver coinage. The coins were manufactured from silver mined from  Broken Hill.

 


1959 Melbourne Proof Set FDC REV 2
COIN
1959 Melbourne Mint Proof Set
QUALITY
FDC
PROVENANCE
Private Collection Melbourne
PRICE
$5,950
COMMENTS
Whenever we are offered Proof Sets from the era 1955 to 1963, we always check if there is a Melbourne Mint 1959 Proof Set in the offering. It is the hardest to find in the series of Melbourne proofs, so if it is available we are excited. Moving beyond our excitement we know to carefully scrutinise the quality of the coppers in the 1959 Proof Set for they are the driving force for investment in this set and are almost impossible to find in a superior state. The majority of specimens that we see are mismatched and almost bordering on the ugly. Now take a look at this 1959 Melbourne Mint Proof Set. Superb proof silver. Perfectly matched and beautifully toned proof coppers. This set is genuinely rare and available at a great price. We hope we have given you sufficient reason to read more.
STATUS
Sold August 2017
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1959 Melbourne Proof Set FDC OBV 1

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The Melbourne Mint in 1959 struck a small number of proof sets, comprised of six coins; the penny and halfpenny and the florin, shilling, sixpence and threepence.

The mint issued a staggeringly small 1506 sets and while that number in itself is minuscule, natural attrition has taken its toll on the original mintage making the 1959 Melbourne Mint Proof Set, the hardest to find … by far in the series of Melbourne Mint Proofs.

Furthermore it is the only proof set out of this era to contain six coins so not only is it rare, it offers the best value for your dollars.

The proof coin sets struck between 1955 and 1963 are a perfect entry point into the Australian rare coin market. 

 

Limited edition collector coins at affordable prices. It comes at the top of our list of recommendations for clients looking to tuck something special away for their children or grandchildren.

It is without doubt one of the most popular collecting series in the Australian rare coin market.

And the six coin 1959 Melbourne Mint Proof Set is the ‘key’ set in the Melbourne Mint proofs struck between 1955 and 1963.

 

 


1917 Proof Sixpence date side
COIN
1917 Proof Sixpence
QUALITY
Superb FDC
PROVENANCE
Madrid Collection 1994, Private Collection Melbourne 2005
PRICE
$ 45,000
COMMENTS
This 1917 Proof Sixpence (emphasis on the word 'Proof') was crafted as the representative example of those coins released into circulation in the very same year. One perfect example symbolising a year's toil. One absolute showpiece to be preserved in archives so that future generations could reflect on - and embrace - Australia's proud coining history. Given the intended purpose of this 1917 Proof Sixpence - a perfect example and an absolute showpiece - the coin was crafted to the highest quality standards with a superbly detailed design, mirror-ice smooth fields and strong, well defined edges. This coin is powerful and impressive. And that's exactly how it was intended. Furthermore it is rare. It is the only Proof 1917 Sixpence that we have sighted on the collector market.
STATUS
Available now
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1917 Proof Sixpence

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This 1917 Proof Sixpence was struck 100 years ago and yet looking at it, you would think it was just plucked off the proof coining press.

This coin represents a century of history. It also is a piece of national significance for 1917 was the very first year that the Melbourne Mint struck proof coinage.

Testimony to this coin's importance, an example is held in the Museum of Victoria Archives.

Sold privately in 1994 to the famed Madrid Collection, then to a private collector in Melbourne in 2005, this coin has changed hands only twice over the last twenty two years.

And that is a typical holding pattern for most top rarities. Coins of this ilk are quite literally once-in-a-decade opportunities.

Question ... what makes this coin so special? Answer ... the method of striking and their rarity.

Question ... why don’t we see more of them popping up? Answer .... again the limited numbers minted.

 

The production of proofs in this era necessitated a ‘kid-gloves’ approach and was labour intensive: hence the limited numbers struck.

  • The blanks were hand-picked, highly polished to produce a coin that has a mirror shine and ice-smooth fields.
  • The blanks were hardened and brushed to ensure that the design was sharp and almost three-dimensional in its appearance.
  • The dies were struck twice to create a sharp, well-defined design.
  • The rims encircling the coins were always high, creating a picture frame effect and encasing the coin. The pristine nature of the striking is particularly evident in the denticles. They are crisp and uniformly spaced around the circumference of the coin.

This is a rare opportunity to acquire an important piece of Australia’s coinage history.


British Guiana Holey Dollar and Dump Rev
COIN
British Guiana, 1808 Holey Dollar and Dump
QUALITY
Holey Dollar (Very Fine) Dump (Extremely Fine)
PROVENANCE
Holey Dollar - Glendinings London 1978, R. J. Ford Collection Spink London 1990, R. Climpson Collection. Dump - R. Climpson Collection.
PRICE
$95,000
COMMENTS
In the 18th and 19th centuries, the Spanish Silver Dollar was a universally accepted coin. And a universally adapted coin. It was the piece that Governor Lachlan Macquarie turned to for his Holey Dollars and Dumps, the very first coins struck on Australian soil. The story is well known … convicted forger, William Henshall, enlisted by Macquarie to cut a hole in the Spanish Silver Dollars and re-stamp them to turn them into Australia’s very first coins. It was a process that overseas governments also took up when they needed to supplement their currency. This extremely rare British Guiana Holey Dollar and Dump re-affirms the versatility and adaptability of the Spanish Silver Dollar in augmenting currencies the world over.
STATUS
Available now
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British Guiana Holey Dollar and Dump Obv

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This Holey Dollar was struck in 1808 on a 1792 Mexico Mint Spanish Silver Dollar and is pierced with a hole etched by 19 notches.

The obverse of the Holey Dollar is counter-stamped ‘E & D 3GL’ to confirm the issuing authority of Essequibo and Demerary and the monetary value of 3 Guilders, both of which reflect British Guiana’s early Dutch colonisation.

Essequibo and Demerary were the names of the original colonies settled by the Dutch in 1796 in what would later become British Guiana.

The colony is situated on the northern coast of South America and is now known as Guyana.

The Dump, also struck in 1808, was the centre plug that fell out of the hole during the striking of the British Guiana Holey Dollar.

It has 19 notches and is counter stamped ‘E & D 3BT’ to confirm the issuing authority of Essequibo and Demerary and its monetary value of 3 bits (equal to 15 Dutch stiver).

In a quality level of Extremely fine, this British Guiana Dump shows minimal circulation and is extremely well preserved. The detail in the design of the over stamp is simply amazing.

And that’s a fluke.

In the partnership of Holey Dollar and Dump, the Dump with its lesser value was the ‘coin of the people’. And was well used.

As with an Extremely Fine Australian Dump, this British Guiana Dump is a rarity of the highest order.


1813 HD - 1805 Charles IIII Unc rev LARGE
COIN
1813 Holey Dollar
QUALITY
Uncirculated
PROVENANCE
Howard D Gibbs Collection, sold in New York by Hans Schulman. Arthur Chesser Collection sold in London, Dix Noonan Webb London. Private Collection Melbourne.
PRICE
$595,000
COMMENTS
The Holey Dollar is the jewel in the crown of the Australian coin industry. It is the nation’s very first coin. The characteristics that define this coin are as ‘simple as it gets’ for this Holey Dollar is the absolute finest of the surviving examples and unique as such. There are no complications with this coin. It is the very best. If perfection is to be had in a Holey Dollar then this coin is it.
STATUS
Available now
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1813 HD - 1805 Charles IIII Unc obv LARGE

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The original silver dollar from which this Holey Dollar was created is Uncirculated, there are no signs of it ever having been used. Miraculous.

The details stamped around the inner circular edge of the central hole in 1813 by William Henshall also are Uncirculated. So this coin was never used even after it was transformed into a Holey Dollar.

If perfection is to be had in a Holey Dollar then this coin is it.

The conundrum of this Holey Dollar is how it became to be presented in such a miraculous state.

It raises more questions than we can ever possibly answer and only adds to the intrigue and the mystery of this superb colonial gem.

The Holey Dollar began its life as a Spanish Silver Dollar. In the case of this Holey Dollar it began its life as a Spanish Silver Dollar that was minted at the Spanish colonial mint of Mexico, in 1805.

The coin was one of 40,000 Spanish Silver Dollars acquired by Governor Lachlan Macquarie in 1812, and that were destined to be converted into Holey Dollars and Dumps.

Given that the Spanish Silver Dollar was the most widely used, and accepted, coin in the world we ask the question.

How did an 1805 Spanish Silver Dollar retain its pristine state during the seven years up until its arrival in the colony of NSW?

Mint Master, William Henshall used a punch to cut out a disc from an 1805 Spanish Silver Dollar as the first step in creating this coin.

Henshall then placed the holed coin between two dies.

One die contained the elements ‘New South Wales’ and ‘1813’. The other die contained the denomination of ‘Five Shillings’ , a fleur de lis, a double twig of leaves , and an ‘H’ for Henshall.

Using the gravitational force of a simple drop hammer system, the design elements of the dies were stamped onto both sides of the holed silver dollar around the inner circular edge of the hole.

And it is at this point – and this point only – that the ‘holed’ silver dollar became the 1813 New South Wales Five Shillings (or Holey Dollar).

This coin was never used after it was transformed into a Holey Dollar.

The inner denticles, the lettering ‘ Five Shillings’ and ‘ New South Wales’ , date ‘1813’ , the fleur de lis , double twig of leaves and tiny ‘ H’ are as struck and fully detailed.  

We know the process of striking the Holey Dollars was haphazard but was there a controlled hand in the minting of this coin? Was it especially selected?

The circular hole cut out by Henshall is beautifully centred. The edges, the denticles are pristine. As struck.

How soon into its life did this Holey Dollar become a collectable?

The coin was identified as belonging to Howard Gibbs, an active American collector in the 1920s. The same collector owned the world renowned Madrid Holey Dollar.

It is a statement of fact that the majority of high calibre Holey Dollars were originally held by collectors residing overseas, the United Kingdom and America in particular.

It is noted that Britain and America already had a sophisticated collector market in the nineteenth century that saw top rarities move between the two continents.

Was this Holey Dollar taken back to England early on in its life by free settlers returning home?

There is no doubt that the gentry would have had the financial capacity to hold their five shillings as a collectable. And would seek out a prime example to hold as part of their personal collection.

We have no answers to these questions.

All that we can say is that this is an exceptional Holey Dollar, and an heirloom without parallel.


1926S Sovereign Unc rev 160324 horiz-527 Winsor
COIN
1926 Sovereign Sydney Mint
QUALITY
Uncirculated
PROVENANCE
Private Collection Sydney
PRICE
$ 49,500
COMMENTS
The official reports from the Sydney Mint to the Royal Mint London during the 1920s clearly reveal a mint in decline; the minimal output of gold sovereigns evidence of such. The Sydney Mint Sovereigns out of this era have as a consequence become vibrant collector’s items. The stand-out year for most collectors is the year 1926, which denotes the mint’s final year of coining. Recent auction results evidence of such.
STATUS
Available now
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1926S Sovereign Unc rev 160324 horiz-536 Winsor

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The Sydney Mint began receiving gold on May 14, 1855, and issued its first sovereigns soon after on June 23. After seventy one years the mint was forced to close. Its operations had been unprofitable for some time the irony being that a mint could go broke making coins.

A ceremony to mark the closure of the Sydney Mint was held on 11 August 1926, its very last day of operation. Noted numismatic luminaries such as Mr A M Le Souef and Sir William Dixson were in attendance.

A Sydney Auction held in March 2016, re-affirmed the appeal of the Sydney Sovereigns struck between 1922 and 1926. Three coins, dated 1922, 1924 and 1926 were offered at auction.

The Auction House set high pre-auction estimates. Given that the coins had slightly circulated this seemed a gutsy move. It certainly did not dampen buyer enthusiasm, bidders responding vigorously with all coins selling between 20 and 30 per cent above their estimates.

Of significance here is that the ‘about Uncirculated’ example of the 1926 Sovereign sold for 25 per cent above its pre-auction estimate of $40,000. A clear affirmation of the coin’s appeal.

This 1926 Sovereign is a stand-out coin presented in the stand-out quality of Uncirculated. 

Year Mintage
1921 839,000
1922 578,000
1923 416,000
1924 394,000
1926 131,050

1916 Specimen Penny rev horizontal b&b August 2017
COIN
1916 Specimen Penny
QUALITY
Specimen
PROVENANCE
Barrie Winsor
PRICE
$ 28,000
COMMENTS
This superb quality 1916 Specimen Penny is extremely rare. Affirmation of its scarcity, it is the third only example that we have offered in a career that spans forty five plus years. The coin is sharply struck and under the glass, it shows the heavy striations associated with distinct die preparation. Brilliantly preserved, it is offered more than a century after it was struck, with beautiful blue / purple / golden toning.
STATUS
Available now
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1916 Specimen Penny obv horizontal b&b August 2017

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Barrie Winsor is a respected numismatist. And was the guiding hand behind the formation of the now famous Quartermaster Gold Sovereign and Half Sovereign Collection.

He also was the former owner of this spectacular 1916 Specimen Penny.

 

The date 1916 is a pivotal one for the numismatic industry.

It was the very first year that the Melbourne Mint struck our silver Commonwealth coins. And the first year that the Bombay Mint began minting our pennies and halfpennies.

 


1852 Cracked Die Revb&b
COIN
1852 Adelaide Pound First or Cracked Die
QUALITY
about Extremely Fine
PROVENANCE
Private Collection NSW
PRICE
$88,000
COMMENTS
The collector that is keen to acquire an 1852 Cracked Die Adelaide Pound should not go past this piece. The coin will withstand the strongest scrutiny for it has minimal marks in both the fields and the edges. And at $88,000, it is well priced. Given that there are only forty Cracked Dies available to collectors we believe this coin is more than ‘well priced’. It is a ‘steal’. In consideration of the extreme rarity of Cracked Dies, we don’t preclude investors from this dialogue either.
STATUS
Available now
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1852 Cracked Die Obvb&b

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This 1852 Adelaide Pound was minted at the Government Assay Office in Adelaide and was struck using the first reverse die that featured a beaded inner circle. The crack in the ‘DWT’ area of the legend confirms that it is indeed a famous Cracked Die, struck during the run of the first forty Adelaide Pounds.

From a technical perspective, this coin features the ‘thin’ crack.

There are about forty 1852 Cracked Die Adelaide Pounds available to collectors. And let’s be clear on this point. That’s forty coins across all levels of quality, from the very best to the very worst. 

1852 Adelaide Pound Cracked Die

The very best are so few and far between they command a half million dollar price tag making them out of reach financially for most collectors.

Now let’s consider the very worst examples. Because gold is a soft metal, well used Adelaide Pounds are in the main rough and ready and a bit unsightly. Some have even been gilded for mounting in jewellery.

Which is why we have no hesitation in recommending this coin.

Yes this 1852 Cracked Die Adelaide Pound has been used (slightly) but the rigours of circulation have treated the coin very kindly. 


1813 Dump Type A1 rev B&B August 2017
COIN
1813 Dump Type A/1
QUALITY
Fine
PROVENANCE
Private Collection Melbourne
PRICE
$19,000
COMMENTS
A coin does not have to be ‘the finest known’ to appeal to us for we recognise that as the nation’s very first coin, there is a market for the 1813 Dump at all quality levels and all dollar levels. When William Henshall created the Dump (and the Holey Dollar), he punched a hole into a Spanish Silver Dollar. The Dump was the centre piece that fell out of the Dollar, over stamped with its value of fifteen pence, date of 1813 and the issuing authority of New South Wales. While we acknowledge this coin has undergone circulation (if only it could talk) it has all the details that define an 1813 Dump and clearly reflects its origins by showing the design of the original Spanish Dollar from which it was created; a much sought after and seldom seen quality. This is a classic example of Henshall’s masterpiece offered at a price that won’t break the bank.
STATUS
Available now
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1813 Dump Type A1 obv B&B August

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This 1813 Dump offers every notable aspect that you could be looking for in a Colonial Dump. And market watchers will note that it has been priced to sell.

  • A clear legend, New South Wales
  • Clear value of fifteen pence
  • A strong legible date, 1813
  • A strong crown, showing the pearls and fleur-de-lis
  • Evidence of the oblique milling around the edge
  • Evidence of the design of the original eight reales from which the Dump was created, shown around the edge of the coin, encircling the words fifteen pence.

 

As Australia’s first domestic coin, the Dump has a place in history that can never be diluted or undermined by the passing of time.

Quite the reverse, as time passes, its importance, and hence its value, can only be strengthened.


$20 Coombs Randall Pair
Notes
NOTE
1967 Coombs Randall $20 Consecutive Pair
QUALITY
Uncirculated
PROVENANCE
Private Collection Western Australia
PRICE
$12,500
COMMENTS
Guaranteed original, Uncirculated quality. And guaranteed rarity. The Australian banknotes that bear the Coombs Randall signature combination are scarce in all denominations from the One Dollar up to the Twenty Dollar. And the ‘Coombs Randall Twenties’ are the scarcest and most sought after of them all. While most banknotes are issued throughout a year, the Coombs Randall $20 notes were issued for only a matter of weeks, from mid-September 1967 until October 1967. This note is Australia’s rarest issued decimal banknote and the absolute ‘key’ to the series. Available individually or as a pair. Contact us for a single note price.
STATUS
Sold July 2017
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$20 Coombs Randall Single

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The Australian banknote market is going through a process of re-invigoration courtesy of the Reserve Bank of Australia.

The overhaul of our polymer notes, commencing with the $5 last year and the $10 this year, is attracting a new audience to this collecting area.

And as always, once collectors become immersed in their area of pursuit they go back and collect earlier banknote issues.

Collectors will find acquiring the Coombs Randall Twenty Dollar banknote a significant hurdle to overcome. 

Why are Coombs Randall notes so scarce? Three factors:

  1. Australia’s decimal changeover was in the planning stage for years, involving the introduction of decimal banknotes and the withdrawal of our pre-decimal notes. To this end, the Government printed a massive quantity of the first decimal notes that featured the Coombs Wilson signature combination.
  2.  When banknote signatory Roland Wilson retired in 1966, notes featuring his replacement Richard Randall were simply not required until later in 1967 (and 1968 in the case of the $1 note).
  3. The retirement of Herbert “Nugget” Coombs in 1968 saw a new signature combination of Phillips Randall appear: a combination that lasted several years.

A surplus of the very first decimal banknotes - and a spate of retirements of our banknote signatories within a two year timeframe - has meant that less than 2 per cent of all 'Commonwealth of Australia' (1966-73) notes were issued in the name of Coombs & Randall.


$2 Coombs Randall Star Pair
Notes
NOTE
1968 $2 Coombs Randall Star Consecutive Pair
QUALITY
Uncirculated
PROVENANCE
Private Collection Western Australia
PRICE
$12,000
COMMENTS
COOMBS. RANDALL. STAR. Three words that define the extreme rarity of these notes. The Coombs Randall signature combination is the scarcest in the $2 banknote series. That these notes are ‘Star Notes’ makes them scarcer again. These extremely rare collectables are offered as a consecutive pair. While we believe a pair is an advantage, they are also available as single notes. Contact us for an individual price.
STATUS
Available now
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$2 Coombs Randall Star Single

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The Australian banknotes that bear the Coombs Randall signature combination are scarce in all denominations from the One Dollar up to the Twenty Dollar.

In the case of the Coombs Randall $2 notes, they were issued for a matter of months, from November 1967 until September 1968 and are the rarest $2 decimal banknote and the absolute ‘key’ to the series.

But this is not a standard Coombs Randall $2 note, this is a Coombs Randall $2 ‘Star Note’ which is rarer again.

Why are star notes so scarce?

Star notes were issued only between 1968 and 1971 and printed in a special run to replace those banknotes spoilt during the normal printing process.

The number sequence of the spoilt note(s) was maintained by reprinting the note with its first five digits and a star appearing in place of its sixth digit. (123456 – 12345*) This procedure was followed to maintain the numbering sequence of the bundle.

With the ever-increasing volume of new banknotes being printed the star replacement note system became impracticable and was no longer an option after 1971. 

After this time it was not deemed necessary to replace a damaged note with a star replacement note or to keep a bundle of 100 notes in numerical sequence, another random note was simply added until a total of 100 notes was achieved.

Why are Coombs Randall notes so scarce?

Three factors:

  1. Australia’s decimal changeover was in the planning stage for years, involving the introduction of decimal banknotes and the withdrawal of our pre-decimal notes. To this end, the Government printed a massive quantity of the first decimal notes that featured the Coombs Wilson signature combination.
  2. When banknote signatory Roland Wilson retired in 1966, notes featuring his replacement Richard Randall were simply not required until later in 1967 (and 1968 in the case of the $1 note).
  3. The retirement of Herbert “Nugget” Coombs in 1968 saw a new signature combination of Phillips Randall appear: a combination that lasted several years.

A surplus of the very first decimal banknotes - and a spate of retirements of our banknote signatories in a space of two years – are the reasons why less than 2 per cent of all 'Commonwealth of Australia' (1966-73) notes were issued in the names of Coombs & Randall.


1860 Aborigine Threepence Obv
COIN
1860 Hogarth & Erichsen Aborigine Threepence
QUALITY
Mint state, as struck
PROVENANCE
Sir Marcus Clark K.B.E, sold by James R Lawson 1954
PRICE
$195,000
COMMENTS
Colonial jewellers, Julius Hogarth and Conrad Erichsen gave indigenous Australians a voice when in 1860 they depicted an indigenous portrait on their privately issued silver threepence. It was thinking that was way ahead of its time. More than a century elapsed before a second indigenous portrait appeared on Australia’s coinage. In 1988, on our $2 coin, when the nation celebrated its bicentenary. Testimony to their social and historical contribution, the works of Hogarth and Erichsen are today held in Canberra’s National Library of Australia and National Gallery of Australia. And Melbourne’s National Gallery of Victoria and Sydney’s Powerhouse Museum.
STATUS
Available now
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1860 Aborigine Threepence Rev

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This 1860 Aborigine Threepence is culturally significant and is presented in superb mint state, ex Sir Marcus Clark K.B.E Collection.

When James R Lawson Auctioneers sold the collection of the late Sir Marcus Clark in July 1954, his 1860 Aborigine Threepence (this coin) was placed in the sale alongside his Holey Dollars and his Dumps, such was the respect with which it was held.

Selling for £38, the Aborigine Threepence fetched more than twice that of an EF Dump (£18) and nearly double that of an Extremely Fine Cracked Die (£20) and a 1921 Square Halfpenny (£22).

And there is a reason. The threepence is far rarer. And the design is culturally significant as the only colonial piece to bear the design of an indigenous Australian.

The design of the 1860 Aborigine Threepence has made it an industry icon.

Struck in silver, a minuscule eight pieces of the 1860 Aborigine Threepence are known, with this piece acknowledged as the absolute finest. Presented as struck, in a mint state, the surfaces are proof-like.

As you would expect of a piece of this calibre, it comes with a well-documented pedigree, the property of foremost collector Sir Marcus Clark whose reputation for acquiring the very best is indelibly printed into the chronicles of numismatic history.

The sale of the Marcus Clark Collection in 1954 by auctioneers James Lawson Pty Ltd records the first public appearance of the Aborigine Threepence, where it sold for £38.

The piece was auctioned 27 years later, and in a fiercely contested bidding war, it sold for $23,000 on a pre-auction estimate of $12,500. 

The third appearance was in July 2007. The front cover item of a 400-page catalogue, it stirred up serious buyer interest selling for $92,000 against a pre-auction estimate of $75,000.

Julius Hogarth and Conrad Erichsen set up as jewellers in 1852 in a small shop at 394 George Street (near Liverpool Street). Relocating several times in the same street, their final location was 312 George Street on the south east corner of Hunter Street in what was formerly Skinners Hotel.

Hogarth is reputed to have designed and engraved the dies, while Erichsen is said to have actually made them. History records that Erichsen was quite a drinker and in the habit of striking a token whenever his thirst got the better of him!

Messrs Hogarth and Erichsen actively promoted the use of indigenous Australian flora and fauna elements and indigenous figures into their metal work and jewellery. They achieved great success during the 1850s notably through the vice-regal patronage of Governors Young and Denison.

Their works are today held in Canberra’s National Library of Australia and National Gallery of Australia. And Melbourne’s National Gallery of Victoria and Sydney’s Powerhouse Museum.

 


1823 Macintosh & Degraves obv
COIN
1823 Macintosh and Degraves Shilling
QUALITY
nearly Uncirculated
PROVENANCE
Guy Newton-Brown, Private Collection Sydney
PRICE
$ 95,000
COMMENTS
That historians have traced a business transaction involving the 1823 Macintosh & Degraves Kangaroo Shilling back to 1848 attests to the importance of this iconic piece of Australiana. The transaction was a purchase for the esteemed London National Collection. The Kangaroo Shilling has a remarkable history with a connection that lives on today to Tasmania's Cascade Brewery.
STATUS
Available now
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1823 Macintosh and Degraves Rev

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This particular Macintosh and Degraves Shilling is the finest of 15 known examples. Excessively rare, consistently in demand, this piece stands shoulder to shoulder with some of Australia’s great coin rarities.

Formerly owned by Melbourne barrister Guy Newton-Brown it is sold with historical papers from Spink & Son London, 1968.

1823 Macintosh & Degraves documents

Fondly referred to as the ‘Smiling Rat’, the design was reputedly based on a drawing that was sent back to London in the late 1780s, said to be the first depiction of an Australian kangaroo.

It is our first Australian token and the only piece to be struck in this denomination.

When Hugh McIntosh and Peter Degraves organised the striking of this token for the Cascade Saw Mills in 1823, they could hardly have foreseen that it would one day become a prized collector piece. 

The token is remarkable for a number of reasons, all of which adds to its value today.

  • For a start, there’s that creature. Anyone who has taken even a passing interest in our colonial history would have seen it elsewhere: it’s reputedly based on a drawing that was sent back to London in the late 1780s, said to be the first depiction of an Australian kangaroo.
  • Then there’s the ‘Tasmania’ legend on the token. Until 1853 the island colony was known officially as Van Diemen’s Land, although Tasmania was used in print as early as 1824.
  • Messrs McIntosh and Degraves did not arrive in the colony until April 1824 – the year after the token’s ostensible date. What’s more, the Cascade Saw Mills for which it was struck didn’t commence operations until four months later.
  • It’s generally acknowledged that the Macintosh and Degraves token was struck in London in 1824 prior to their departure from England, most likely at the Soho Mint of Matthew Boulton fame. Furthermore, it is believed that it was never issued, the majority melted down following a well-documented custom’s seizure involving the partners’ cargo.

That we don’t know the full story has tantalised numismatists and historians for decades.

Does it really matter? Definitely not – after all, it simply adds to the magic. 


1856 Sovereign date side replacement 160928-9907
COIN
1856 Sydney Mint Sovereign
QUALITY
Good Extremely Fine / About Uncirculated
PROVENANCE
Private Collection Sydney
PRICE
$ 45,000
COMMENTS
A fascination with coins as a child, and a passion for colonial history as an adult, saw a Sydney resident pursue the Sydney Mint Sovereign series over a twenty year period. His focus was on quality, but in the case of rare date sovereigns (such as the 1855 and 1856) he held a number of examples. This superb 1856 Sydney Mint Sovereign is one such coin from his collection.
STATUS
Available now
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1856 Sovereign non date side replacement 160928-9923

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The 1856 Sydney Mint Sovereign is a great rarity. And it's a fact that in the upper quality levels it is as difficult - if not more difficult - to acquire than the 1855 Sovereign.

And yet the mintages of both coins would suggest otherwise. (1855 – 502,000. 1856 – 981,000.)

The industry has always acknowledged the scarcity of the 1856 Sovereign.

Both the '55 and '56 sovereigns have shared the same catalogue value for decades, declaring them equally as important.

On the 9th August 1853 Queen Victoria approved an Order in Council prepared by the British Government to establish Australia’s very first mint at or near Sydney, in New South Wales.

Two years later the designs had been approved. Dies produced at the Royal Mint London, and dated 1855, were despatched to the Sydney Mint which had been established on the site of the old Rum Hospital in Macquarie Street. 

The mint began receiving gold on May 14, 1855, and issued its first sovereigns soon after on June 23. Records indicate that 502,000 sovereigns were struck in the Sydney Mint’s first year of operation.

Though the reverse side featured a uniquely Australian design, with the words Australia and Sydney Mint featured boldly, the obverse side was similar to English coins with the plain, ribboned head of Queen Victoria. (Referred to as the Type 1 portrait design.)

The reverse design has fascinated historians and collectors alike for decades. The coins were inscribed with the national name, Australia, even though the country was operating as separate colonies. Australia did not operate under a single government until Federation in 1901.

The Australian flavour of the nation’s gold coinage was strengthened in 1857 when the design was altered to incorporate a sprig of banksia in the Queen’s hair. (Referred to as the Type 2 portrait design.)

This touch of colonial pride seems to have gone unnoticed in London for a number of years until, in 1871, approval for the Sydney Mint design was abruptly revoked and Australian Sovereigns once again took on the traditional British flavour.

Not only was the banksia removed from Queen Victoria’s hair, but two new reverse designs were also introduced – the traditional British St George and the Dragon, and a shield design, which ran in parallel. 


1919 Square Penny Type 3
1919 Square Penny Type 3
COIN
1919 Square Penny Type 3
QUALITY
Choice Uncirculated
PROVENANCE
Private Collection Melbourne 1995
PRICE
$ 60,000
COMMENTS
The 1919 Type 3 Square Penny is a great rarity with perhaps fifteen examples available to collectors. To put that figure into perspective a buyer will wait at least twelve to eighteen months for an example to come onto the market. Acquired in 1995 by a Melbourne collector, this coin has been stored in a bank vault since the day it was bought and is superb for quality.
STATUS
Available now
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1919 Square Penny Type 3

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The Type 3 is the most popular choice of collectors seeking a 1919 Square Penny. One of the prime reasons for its popularity is its unique design.

No other square penny in the series shares the style of kookaburra and the very modern, stylish lettering of ‘one penny’. And it’s the design difference that separates it from the rest.

Technical comments: Four different designs were tested in 1919 and they are referenced as the Type 3, 4, 5 and 6.

For more information on Australia’s Square Coinage 1919 – 1921 view our latest Catalogue.

Click here to view Catalogue

1927 Proof Canberra Florin
COIN
1927 Proof Canberra Florin
QUALITY
FDC
PROVENANCE
Private Collection Melbourne
PRICE
$ 35,000
COMMENTS
The Duke of York officially opened Parliament House in Canberra on 9 May 1927. To cement the occasion into the nation’s psyche, the Government authorised the minting of the Canberra Florin featuring Parliament House on the reverse and George V on the obverse. While one million coins were struck for circulation, the Melbourne Mint issued 400 limited edition collector coins struck to proof quality. This coin is a superb example from the original mintage.
STATUS
Available now
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1927 Proof Canberra Florin

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It was the Melbourne Mint’s very first collector coin issue, the coin selling for a sixpence premium over face value. And it was Australia’s very first commemorative coin.

The release of the 1927 Proof Canberra Florin was a well-publicised event that saw the coins sell to members of the public outside traditional numismatic circles.

Coins being mishandled or pieces simply lost into circulation was the fate of many of the proofs out of the original mintage of 400.

So a small mintage of coins becomes even smaller for the buyer seeking a quality Proof Canberra Florin.

In today’s market we might see one premium quality Proof Canberra Florin on the market every year.

This particular 1927 Proof Canberra Florin is a premium quality example and is classified as FDC, with brilliant mirror fields. The coin shows the characteristic striations associated with Proof Canberra Florins which reflects meticulous die preparation.  Moreover, it has been sharply struck and brilliantly preserved.  Visually it is stunning.

As an exquisite example of the Melbourne Mint's craftsmanship, the coin is a numismatic gem.


Complete Collection 1957 – 1963 Perth Mint Copper Proofs
COIN
Complete Collection 1957 – 1963 Perth Mint Copper Proofs
QUALITY
FDC
PROVENANCE
Private Collection Perth
PRICE
Available individually - Read More
COMMENTS
The Perth proofs come high on our list of recommendations to clients. So high that when Melbourne journalist Anthony Black asked Coinworks to list ten coin rarities that were priced below $ 10,000 - and were destined for growth – the Perth Mint proofs struck between 1957 and 1963 were at the very top of our list. Available individually. The option is yours to select.
STATUS
Available now
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  • 1957 Perth Proof Penny (two are available) -  $3500 . SOLD
  • 1958 Perth Proof Penny -  $3500 . SOLD
  • 1959 Perth Proof Penny -  $3500 . SOLD
  • 1960 Perth Proof Penny and Halfpenny FDC -  $4950 . SOLD .
  • 1961 Perth Proof Penny and Halfpenny FDC -  $4950 .
  • 1962 Perth Proof Penny and Halfpenny FDC -  $4950 .
  • 1963 Perth Proof Penny and Halfpenny FDC -  $4950 . SOLD.

These are limited edition collector coins: a popular choice amongst our clients, in particular those that want to tuck something truly special away for children or grandchildren.

The key to their success is their rarity. And the extreme rarity of top quality pieces.

  • The mintages of the 1957, 1958 and 1959 Perth Pennies are 1112, 1028 and 1030 respectively which are indeed tiny mintages.
  • The mintages of the 1960, 1961, 1962 and 1963 Perth Penny and Halfpenny pairs are 1030, 1040, 1064 and 1100 respectively which again are indeed tiny mintages.
  • At least seven out of every ten Perth proofs that we sight are assessed by us as being inferior for quality, mishandled, toned and harshly spotted thereby reducing the pool of quality examples to a truly minuscule number.

It has to be said that the task of putting this collection together to such a consistently high standard would normally take years. Available individually. The option is yours to select.


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