The reverse of this 1930 Penny is very impressive. Strong upper and lower scrolls, well defined inner beading and fabulous edges. The toning is a handsome chocolate brown. And there is minimal marks in the fields.
Examining a 1930 Penny is a three-point process.
1. Start off by looking at the coin in the flesh using just the naked eye. A truly great coin will always look good to the unaided eye.
This coin has strong upper and lower scrolls. a prominent date and intact inner beading.
What is particularly noticeable is the state of the fields. They are highly reflective and smooth, quite exceptional for a coin that has circulated. The toning is an even, handsome chocolate brown.
Moving the obverse through the light, the design details of the monarch, his crown and robes are clear.
2. Take up the magnifying glass.
The eye glass re-confirms what we have seen to the naked eye ... and much more.
This coin has a partial central diamond. And the left hand side of the oval, left of the diamond, is still visible.
3. And lastly, take another look with the naked eye just to make sure that you have taken everything in.
The final assessment of this 1930 Penny confirms that it is a great coin and passes our three-point assessment with flying colours.
The obverse of this 1930 Penny is equally impressive. There are minimal marks in the fields. They are smooth and reflective. This is a 1930 Penny that you will be proud to show your family and friends.
The reasons why collectors love the 1930 Penny.
One of the prime reasons for the popularity of the 1930 Penny is its financial reliability. It is a solid coin. In fact, we would go one step further and say that over the long term the 1930 Penny has probably been one of our most consistent and trustworthy numismatic performers.
The 1930 Penny is the nation’s glamour coin and is unrivalled for popularity, enjoying a constant stream of demand unmatched by any other numismatic rarity. It is an industry phenomenon, for in a market that is quality focused it is interesting to note that the 1930 Penny is keenly sought irrespective of its quality ranking.
And growth over the mid to long term has been significant across all quality levels.
Well circulated (Fine) 1930 Pennies were selling for £50 in the 1950s. A decade later, by decimal changeover, the coins were fetching £255 ($510). By 1988, Australia's Bicentenary, a Fine 1930 Penny had reached $6000. The turn of the century saw 1930 Penny prices move to a minimum of $13,000.
And with a 100th anniversary less than a decade away, the push to acquire Australia’s favourite Penny is really on.