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BB - 1 1930 Penny GVF rev 170216-194 - Copy
COIN
1930 Penny
QUALITY
Good Very Fine
PROVENANCE
Private Collection Melbourne
PRICE
$65,000
COMMENTS
The reality is the photographs - and the close up shot of the crown - will do most of the talking on this superb good Very Fine 1930 Penny. With a full central diamond and the smudging of the seventh and eighth pearl, this coin is four to five grades higher than those 1930 Pennies most frequently sighted. We rate this coin as being in the top 3 per cent. (See pie chart attached.) Already have a 1930 Penny? Then consider a trade and upgrade your coin.
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BB - 1A 1930 Penny GVF obv 170216-200

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BB - 1B 1930 Penny VF BAND 170216-200-3

This good Very Fine 1930 Penny has  

  1. A full central diamond that leaps out and knocks you in the eye. (With most 1930 Pennies, the central diamond is completely obliterated. Or just one side of the central diamond is evident, the other three sides worn away.)
  2. The 1930 Penny was originally struck with eight pearls. The ‘smudging’ of the seventh and eight pearl is evident in this coin and it is this area of the crown that makes this coin of the highest rarity.  
  3. There are six clear, crisp well defined pearls in the crown.
  4. The oval to the left of the central diamond is intact. (With most 1930 Pennies the oval is only partially evident.)
  5. The edges are undamaged. The fields are undamaged. The fields are glossy and smooth. The toning is an even chocolate brown.
  6. The reverse is particularly impressive with well-defined upper and lower scrolls and inner beading.

And while all of the above details may seem very technical … it is the complete and strong central diamond, the complete lower band and the ‘smudging’ of the seventh and eighth pearl that places this coin in a league of its own and justifies the supreme quality level of Good Very Fine.

This coin is easily in the top 3 per cent of known surviving examples. See pie chart below.

1930 Penny - Pie Chart

Our experiences attest to the scarcity of a 1930 Penny at this quality level. We have been involved in the industry for more than forty five years and this is the fourth only good Very Fine ‘1930’ that we have handled. 

The accidental minting of the 1930 Penny was not discovered until the 1940s. That the 1930 Penny underwent at least a decade of circulation before it was discovered means that most of the surviving examples are well circulated, with edge bumps and field marks. The pie chart below clearly shows the extreme scarcity of 1930 Pennies in a quality level of Good Very Fine or better.

Already have a 1930 Penny? Then consider a trade to upgrade your coin.


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
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.
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1856 Sovereign non date side replacement 160928-9923

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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.

Also available from the same collection:

  • 1856 Sydney Mint Sovereign Good Extremely Fine $22,000 (Photos are available on request)
  • 1856 Sydney Mint Sovereign Extremely Fine $16,000. (Photos are available on request)

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. 


1861 Sydney Mint Sovereign
COIN
1861 Sydney Mint Sovereign
QUALITY
Choice Uncirculated
PROVENANCE
Private Collection Melbourne
PRICE
$ 19,500
COMMENTS
Most Aussie collectors start their gold sovereign collection with a Sydney Mint Sovereign. It's only natural given that they are the nation’s first sovereigns, struck between 1855 and 1870. But most collectors won’t be given the opportunity to start their collection at the premium quality level of this coin, Choice Uncirculated. This is a remarkable piece of Australian currency history, a genuine rarity at a truly affordable price.
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1861 Sydney Mint Sovereign

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It is hard to fathom how this particular 1861 Sydney Mint Sovereign came through the production process to become a prized collector piece. Brilliantly preserved, it must have been put aside soon after it was struck for the coin has immaculate edges and satin fields.

The coin features the Sydney Mint Type II design which depicts Queen Victoria with a sprig of banksia in her hair. Describe coin here with banksia

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
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.
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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

1920 Type 7 Square Penny Rev Edwards 161214-810
COIN
1920 Square Penny Type 7
QUALITY
Choice Uncirculated
PROVENANCE
Private Collection Melbourne 1995
PRICE
$ 75,000
COMMENTS
We are the only company to have handled all of the design types and the metals that make up the Square Penny series. And we have seen the full spectrum of qualities from the absolute best down to the very poorest. And this 1920 Type 7 Square Penny is amongst the very best. Acquired in 1995 by a Melbourne collector, the coin has been stored in a bank vault since the day it was bought.
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1920 Type 7 Square Penny Obv Edwards161214-819

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The Type 7 is a great rarity with perhaps twelve examples available to collectors. To put that figure into perspective a collector will wait at least one to two years for an example to come onto the market.

And if you are looking for a premium quality Type 7, such as this coin, then your wait will be even longer.

This coin is superb for quality, highly detailed and well struck and an exception to those most commonly found. It has proof like characteristics that are seldom if ever seen.

Technical comments: Five different designs were tested in 1920, only four of which are available to collectors. The fifth is housed in the Museum of Victoria. They are referenced as the Type 7, 8, 9 and 10 and the museum piece, the Type 13

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

Click here to view Catalogue

1921 Square Penny Type 11
COIN
1921 Square Penny Type 11
QUALITY
Choice Uncirculated
PROVENANCE
Private Collection Melbourne 1995
PRICE
$ 50,000
COMMENTS
The 1921 Square Pennies are the most accessible - and affordable – coins in the entire Square Penny series. There is no suggestion here that the 1921 Square Pennies are available at the drop of a hat. Perhaps twenty Type 11 Square Pennies are known, which for the buyer translates into a waiting time of up to a year for an example to become available. (Compare that to the 1930 Penny where 1500 to 2000 are believed to exist.)
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1921 Square Penny Type 11

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Once collectors introduce quality into their selection process, acquiring a 1921 Square Penny becomes a task that will take several years.

We are the only company to have handled all of the design types and the metals that make up the Square Penny series. And we have seen the full spectrum of qualities from the absolute best down to the very poorest. And this 1921 Type 11 Square Penny is amongst the very best. Acquired in 1995 by a Melbourne collector, the coin has been stored in a bank vault since the day it was bought.

This is a superb Type 11 Square Penny with a deeply etched design of a thin kookaburra resting on a twig. The coin has stunning proof-like surfaces and magnificent tone.

Technical comments: Two different designs were tested in 1921 and they are referenced as the Type 11 and 12.

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

Click here to view Catalogue

1927 Proof Penny
COIN
1927 Proof Penny
QUALITY
Superb FDC
PROVENANCE
Private Collection Melbourne
PRICE
$ 35,000
COMMENTS
This coin is of the highest rarity and for three very basic reasons. The first is the inclusion of the word ‘proof’ in its description which indicates that this coin was struck as a collector piece – and was not struck for circulation. The second is the date ‘1927’. In terms of proof pennies, ‘1927’ is the rare one. The third defining aspect of this coin is its quality. It is one of the very best with much original copper brilliance.
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1927 Proof Penny

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This Proof Penny was especially struck in 1927 at the Melbourne Mint as a limited mintage collector piece and is one of perhaps four privately owned.

The quality of this particular proof penny is a further refinement on its rarity for we rate this coin highly. The coin retains its original copper brilliance (particularly on the reverse) which is very rarely seen in coins out of this era. It would be hard to improve upon its quality.

The striking of ‘collector’ coins - better known as proof coins - in Australia is not a modern day phenomenon. Nor a product of the decimal era.

The nation’s mints were striking proofs of our pre-decimal coinage in the nineteenth and twentieth centuries and the intention was then, as it is today, to create limited mintage collector coins struck to the highest quality standards. But with two very glaring differences. The mintages more than a century ago were minuscule. And their striking was sporadic.

The quality and the rarity of pre-decimal proof coins in today’s market is the very reason why they have become the choice of both collectors and investors.  


1937 Proof Crown
COIN
1937 Proof Crown
QUALITY
Superb FDC
PROVENANCE
Private Collection Melbourne
PRICE
$ 35,000
COMMENTS
Eighty years (1937 – 2017) have elapsed since the Melbourne Mint issued the 1937 Crown. While one million coins were released into circulation, only 100 coins were struck to proof quality as collector pieces to gift to dignitaries and sell to the collecting public. This coin is one of the finest examples out of the original mintage of 100 Proof Crowns, a superb FDC example with unblemished mirror fields contrasting a deeply etched design.
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1937 Proof Crown

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For the collector aspiring for quality, acquiring a Proof 1937 Crown can be a challenging task.

The release of the 1937 Proof Crown 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 100.

Our experience attest to the difficulty in acquiring a premium Proof 1937 Crown. We reject two out of every three proof crowns on the basis of quality. ‘About FDC’ simply doesn’t cut it for us. It has to be FDC or nothing. We would be lucky to sight a superb 1937 Proof Crown on the market every one to two years.

When Edward VIII decided to abdicate the British throne in 1936, currency issues throughout the world were thrown into disarray. To distract from the chaos, the Australian Government issued the 1937 Crown - its first five-shilling piece - depicting the portrait of the new king George VI, Edward’s brother.

The notion of a Crown was pushed by the Treasurer of the day, R G Casey and is still to this day referred to as ‘Casey’s Cartwheel’.

No other coins were issued for circulation in 1937, bar the crown. So the 1937 Proof Crown was the only proof issue and feels the full force of collector attention.

This coin is the perfect combination of history, rarity and quality. 


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.
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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.


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.
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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

BB - 5 1937 Pattern Shilling Uniface rev 1842
COIN
1937 Proof Shilling Uniface
QUALITY
FDC
PROVENANCE
Sir Robert Johnson, A. H. Baldwin
PRICE
$ 155,000
COMMENTS
This 1937 Proof Shilling is a coin fit for royalty. Literally. It is unique in private hands. The only other known example was struck for George VI and is housed in the Royal Coin Collection housed at Windsor Castle. Only a person of influence would ever have had access to such a striking. No surprise therefore that the original owner was Sir Robert Johnson, Deputy Mint Master of the Royal Mint London.
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BB - 5A 1937 Pattern Shilling Uniface obv 1870

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This 1937 Uniface Shilling was acquired by esteemed London dealers A H Baldwin following Johnson’s untimely death in 1938. 

  • Australian collectors were made aware of the coin’s existence in 1982 when it was offered at a public auction in Sydney. The coin sold for $4250.
  • It was again offered at auction in November 1994 and on an estimate of $15,000, fetched $23,000.
  • The coin’s importance and status as being the only example privately held saw it sell for $120,000 on an estimate of $80,000 in 2008.

From a technical perspective, this 1937 Shilling was struck to proof quality and is a uniface issue.

So where is the obverse portrait, you may well ask?

This coin was struck following the abdication of Edward VIII in 1936 and prior to the coronation of King George VI. The Commonwealth was simply “in between” monarchs.

So how is it different from the other 1937 shillings that also are listed as having no obverse portrait?

There are approximately seven other 1937 shillings known. They were struck depicting the reverse portrait of the merino’s head  and the obverse portrait of King Edward VIII.  When Edward abdicated the throne, the obverse portrait was removed by being tooled off.

King George V died on 20th January 1936 and his son, King Edward VIII, ascended the throne. The Australian Labor Government, under  Prime Minister Joseph Lyons, had planned to introduce new reverse designs to coincide with the new obverse designs of the changing monarch.

The new designs were a radical departure from the traditional ‘British designs’ adopted after Federation and were prepared with a strong focus on Australia’s national identity.

As the Royal Mint London still prepared the master dies for the Melbourne Mint, the mint struck test pieces for the Australian Government of the revised obverse and reverse designs but only of the florin, shilling, threepence and penny.

The Government’s plans were thrown into disarray when Edward abdicated the throne on 11 December 1936 so that he could marry American divorcee Wallis Simpson. 


BB - 7 1813 Holey Dollar Charles IIII 1808-6 near EF rev 161118-51
COIN
1813 Holey Dollar
QUALITY
about Extremely Fine / Extremely Fine
PROVENANCE
Philip Spalding, Private Collection Melbourne
PRICE
$ 295,000
COMMENTS
Philip Spalding, numismatist and author, owned some of Australia’s most important Holey Dollars. It is a statement on the calibre of this Holey Dollar that Spalding chose it to adorn the front cover of his famous book, The World of the Holey Dollar. And that it was displayed in Sydney in 2013 as part of an Exhibition sponsored by the Macquarie Group in celebration of the 200th anniversary of the striking of the Holey Dollar.
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BB - 7A 1813 Holey Dollar Charles IIII 1808-6 near EF obv 161118-62

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Open Spalding’s book, and the coin is again featured on the title page.

Perhaps it was the date, or its superior quality, but the coin was quite obviously special to Spalding for he had many Holey Dollars to choose from.

The pride of owning a Philip Spalding Holey Dollar is immeasurable. It is a feeling that is enjoyed by only a handful of collectors. Only one out of this very small and privileged group can however claim to have their Holey Dollar featured on the front cover of Spalding’s eminent book.

Now in a retirement phase the current owner is passing the baton of owning this prized possession to a new collector. And with it the opportunity to take up an unparalleled investment opportunity.

The specifics of this coins are as follows. Struck on a Charles IIII 1808, Mexico Mint Silver Dollar the original coin is graded at about Extremely Fine. The countermarks New South Wales, Five Shillings and 1813 are graded higher again at Extremely Fine.

When you are talking Holey Dollars unequivocally, Philip Spalding is the most revered name in numismatics. Spalding was passionate about Australia’s first coin, the 1813 Holey Dollar. And he owned many examples.

His passion however extended far beyond ownership. He authored what is still to this day regarded as the ultimate reference on the history of Australia’s Holey Dollar. Published in 1973, ‘The World of the Holey Dollar’ is his greatest legacy and one of the finest contributions to the study of numismatics.

His commitment to the industry, and the nation, was further evidenced with a donation to the State Library of New South Wales of several Holey Dollars including the very famous Charles IIII Seville Mint Holey Dollar. (It is one of only two Holey Dollars that has ties to the mint in Seville, Spain.) And the equally famous Hannibal Head Holey Dollar. 


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.
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  • 1957 Perth Proof Penny (two are available) -  $3500
  • 1958 Perth Proof Penny -  $3500 . SOLD
  • 1959 Perth Proof Penny -  $3500 . SOLD
  • 1960 Perth Proof Penny and Halfpenny FDC -  $4950 .
  • 1961 Perth Proof Penny and Halfpenny FDC -  $4950 .
  • 1962 Perth Proof Penny and Halfpenny FDC -  $4950 .
  • 1963 Perth Proof Penny and Halfpenny FDC -  $4950 .

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.


1855 Sydney Mint Sovereign obv Extra Fine 161205-416
COIN
1855 Sydney Mint Sovereign
QUALITY
Extremely Fine
PROVENANCE
Private Collection Victoria
PRICE
$ 19,500
COMMENTS
The 1855 Sydney Mint Sovereign is the one coin that has pride of place in every sovereign collection. As Australia’s first gold sovereign minted at the Sydney Mint - the nation’s very first mint - it brings to any collection a wonderful and everlasting history. But the 1855 Sydney Mint sovereign offers more than history. In the quality level offered here it also is extremely rare.
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1855 Sydney Mint Sovereign rev Extra Fine 161205-428

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Every circulated coin has a grading level at which serious rarity kicks in and for us that’s the point at which a collectible becomes an investment piece. The point at which rarity kicks in for the 1855 Sydney Mint Sovereign is Extremely Fine or higher.

To highlight the extreme scarcity of quality ’55 Sovereigns we make the point that the 1855 Sydney Mint Sovereign in the upper quality levels (Extremely Fine and above) is about four times as scarce as the 1852 Adelaide Pound in a comparable quality level.

And it’s a fair comparison, the 1855 Sovereign is the nation’s first gold sovereign officially sanctioned by the British Government, the 1852 Adelaide Pound is the nation’s first gold coin struck as an interim measure to resolve a currency crisis in South Australia.

And yet the price levels are comparable. That’s an anomaly that has to be addressed and in our view, coins such as this 1855 Sydney Mint Sovereign have the potential to double in price.

At Coinworks we have a very deep respect for history and this is clearly evident in the style of coins that we offer. Highly historical coins have a relevance beyond the industry. They are pieces that appeal to the widest possible buying audience which is why at Coinworks, they are always our preference. And it is history that underpins demand and fosters price growth.

The 1855 Sydney Mint Sovereign is history that you can hold in your hand. It is history that can be passed to the next generation. Its status as Australia’s first sovereign ensures that it will never be forgotten. As time passes, its historical value can only increase. 


Ann Mash Promissory Note Circa 1812
Notes
NOTE
Ann Mash Promissory Note Circa 1812
QUALITY
Very Fine
PROVENANCE
Bill Wright Collection
PRICE
$ 25,000
COMMENTS
We marvel at the achievements of Gina Rinehart, (Hancock Prospecting) and Katie Page (Harvey Norman) as two of Australia’s most successful businesspersons. Then consider the triumphs of convict Ann Mash who at the age of 31 was sentenced to seven years in the penal colony of New South Wales and as an emancipated convict became one of Sydney’s most successful female entrepreneurs and an active member of the colony’s business community. Testimony to the importance of the Mash promissory notes, an example is held in the Sir John Ferguson Collection, National Library of Australia Canberra
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Convict Ann Mash is an inspiration to today’s female entrepreneurs who strive to succeed in the business community while juggling serious family commitments.

Ann Mash was a convict sentenced in 1789 to seven years in the penal colony of New South Wales. A multi-tasker, she was a wife three times-over and gave birth to thirteen children.

She also showed huge entrepreneurial and business skills. Ann was literate and articulate and amongst other business enterprises became involved in a bakery, a butcher, a general store and a small goods and passenger boat service from Parramatta to Sydney. She also held a wine and spirit licence for the King’s Head Tavern. Her well-written signature exists on documents with the early Bank of New South Wales, which started trading in 1817.

This great historical piece, issued circa 1812, is unique. It is the only known surviving promissory note issued by a woman, Ann Mash. Furthermore it is the only known promissory note issued in this denomination.

The Ann Mash Promissory Note is listed in the ‘Confirmed Private Note Issuers’ listing found in Dr W. J. D. Mira’s publication, ‘Coinage & Currency in NSW 1788-1829’. A copy


Ten Pound Note
Notes
NOTE
1888 London Chartered Bank of Australia Ten Pounds
QUALITY
Uncirculated
PROVENANCE
Archives of Note Printers Bradbury Wilkinson
PRICE
$ 9,750
COMMENTS
This 1888 London Chartered Bank of Australia Ten Pounds presents a financial snapshot of the colony exactly 100 years after settlement. It also is a high value note. And rare as such. A Ten Pounds note was well beyond the reach of most of the colony’s residents. In 1888, a farm hand in the colony was earning 13/- per week. This colonial Ten Pounds would have represented nearly four months wages.
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That it survives today retaining its original characteristics, crisp paper and vibrant colour unaffected by the passing of time is nothing short of a miracle.

Australia’s paper currency took on a sophisticated elegance with the establishment in 1817 of the Bank of New South Wales, the nation’s first private bank. And the issue of the bank’s circulating paper notes. The crude handwritten promissory notes that had proliferated throughout the colony soon after settlement forming an ad hoc unofficial paper currency had all but disappeared.

The private banking system flourished in Australia after the establishment of the Bank of New South Wales. By 1841 another 23 banks had been formed, including branches of some London banks. From the 1850s gold rush to 1888, a further 32 banks had opened their doors.

The London Chartered Bank was formed in London in 1852 and one year later established branches in both Melbourne and Sydney. In 1882, the bank opened a Brisbane branch.

During the financial crisis of 1893 this revered establishment was forced to suspend its payments but only for four months, later re-opening its doors.

The London Chartered Bank of Australia lives on through its subsequent mergers.  In 1921 the bank merged with the English, Scottish and Australian Bank (ES&A) which in turn amalgamated with the ANZ in 1970.

The specimen banknotes of our Colonial Banks have been attracting solid attention over the last few years.  The reasons are clear. The notes offer genuine quality. They offer scarcity. They have a glorious, rich history. And they are being offered at a price that makes them very affordable.


Circa 1900, Bank of Victoria Ltd Five Pounds Specimen
NOTE
Circa 1900, Bank of Victoria Ltd Five Pounds
QUALITY
Uncirculated
PROVENANCE
Archives of note printers Bradbury Wilkinson
PRICE
$ 7,950
COMMENTS
The Bank of Victoria was founded by Dr Thomas Black, a physician from the Richmond area of Melbourne. The bank was registered in Victoria in 1852 and commenced operations in January 1853 as the Bank of Victoria Limited. By 1887 the bank had 65 branches, all in Victoria. The Bank of Victoria amalgamated with the Commercial Banking Company of Sydney Limited in 1927 and eventually became part of the National Bank of Australia in 1981. Archived for more than a century by London engravers and printers Bradbury & Wilkinson, this high denomination colonial note retains its original characteristics and colour unaffected by the passing of time.
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Circa 1900, Bank of Victoria Ltd Five Pounds Specimen

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1887 London Chartered Bank of Australia One Pounds
NOTE
1887 London Chartered Bank of Australia one Pounds specimen
QUALITY
Uncirculated
PROVENANCE
Archives of note printers Bradbury Wilkinson
PRICE
$ 7,950
COMMENTS
The London Chartered Bank was formed in London in 1852 and one year later established branches in both Melbourne and Sydney. In 1882, the bank opened a Brisbane branch. During the financial crisis of 1893 this revered establishment was forced to suspend its payments but only for four months, later re-opening its doors. The London Chartered Bank of Australia lives on through its subsequent mergers. In 1921 the bank merged with the English, Scottish and Australian Bank (ES&A) which in turn amalgamated with the ANZ in 1970. The note has an original crispness in its paper and vibrant colours that defies time.
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1887 London Chartered Bank of Australia One Pounds

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1852 Adelaide Pound date side
COIN
1852 Adelaide Pound Second Die
QUALITY
good Extremely Fine
PROVENANCE
Private Collection Perth
PRICE
$ 38,000
COMMENTS
The quality standards that we adhere to in the selection of Adelaide Pounds maximises the coin's investment potential. It also underpins our philosophy of buying back coins from our clients. This Adelaide Pound for example. It was an outstanding example when we sold it to a Perth collector in 2004. The years have only re-affirmed that is remains an outstanding example today. A quality coin at a value price.
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1852 Adelaide Pound Second Die

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The 1852 Adelaide Pound is the nation’s first coin. It was struck at the Government Assay Office in Adelaide from 22 carat gold brought from the Victorian goldfields.

Its historical standing as Australia's first gold coin ensures that it will always be sought after.

Fulfilling our ‘wish list’ to find an Adelaide Pound that has circulated but has minimal marks and no obvious defects, is a challenging task.

Gold is a soft metal and the majority of circulated gold coins show serious blemishes including knocks to the edges: defects that are clearly visible to the naked eye.

Not so with this Adelaide Pound. It is impressive.

Accurately graded Good Extremely Fine with just a hint of wear to the high points, the edges are undamaged and there are minimal marks in the field.

This 1852 Adelaide Pound is an extremely attractive coin: one  that you would be proud to show your family and friends.

 


Circa 1924 Twenty Pound
NOTE
Circa 1924 Twenty Pounds
QUALITY
Specimen
PROVENANCE
Private Collection Sydney
PRICE
$ 325,000
COMMENTS
An opportunity to acquire a piece of Australia’s banknote history that is as rare as it is significant. Discovered in London in a deceased estate, contained in an envelope dated 1924, and the only known example. It is noted that the Reserve Bank of Australia does not hold an example in its Currency Museum.
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It is pieces of the calibre of this banknote that has cemented Coinworks reputation for handling the most significant Australian currency rarities.

Australia’s Commonwealth of Australia banknotes were introduced in 1913 with the high denomination notes of the £20, £50 and £100 issued in 1914. An interesting point on our first banknotes that the designs did not include the monarch.

In the 1920s the Commonwealth of Australia’s banknotes underwent major design changes, the most significant of which was the inclusion of the monarch on the front of the note. The size of the notes also was significantly reduced.

The newly designed Ten Shillings and Pound notes were first issued in 1923. The five pounds in 1924, followed by the Ten Pounds in 1925.

The high denomination notes of £20, £50 and £100 were never re-issued, the one design remained during their lifetime.

We do however know that there were plans to revise the designs of the high denomination notes as evidenced by this specimen.

This note is unique. It was discovered in London via a deceased estate, contained in an envelope dated February 1924.

The front features the Coat of Arms and at the right a profile of King George V, akin to that used on Australia’s sovereign coinage. A prominent ‘20’ lies at each corner. The under-print contains a large TWENTY in the centre of the design.

The back of the note re-produces the Bruny Island timber-cutting scene used on the first and only £20 Commonwealth note issue.

The note has been securely housed in an envelope for more than ninety years which has ensured that no discoloration has occurred. It is as printed. For the record, one slight (and very minor) margin tear is noted.

This is an opportunity to acquire a piece of Australia’s banknote history that is as rare as it is significant.


CONTACT

Suite 17, 210 Toorak Road South Yarra 3141
PO Box 1060 Hawksburn Victoria Australia 3142

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