While we are always preaching ‘quality’, it is paramount in this sector of the market, for while all the coins were struck to proof quality, their state of preservation today (how they have toned) is critical to preserving their value and underpinning their future capital growth.
Government approval was given in 1955 for the Melbourne Mint and the Perth Mint to commence regular proof coining for collectors. Government intervened in just one aspect of the program - only those coins being struck for circulation were to be issued as proofs.
The Melbourne Mint was therefore authorised to strike both silver and copper proof coins for collectors. (Florin, shilling, sixpence, threepence, penny and halfpenny.) As the Perth Mint was the Government’s copper coin producer, it could only strike proof pennies and halfpennies.
The coins were released annually with an official issue price of face value plus a premium of one shilling per coin … mintages averaged around 1,500.
Each piece was minted to exacting standards – from the selection and polishing of blanks, the preparation of dies and ultimately the actual striking. The result is a coin that is pleasing to the eye, well struck with strong designs and superb smooth background fields.
This collection is comprised of: