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A complete Australian Penny Collection, including the extremely rare and iconic 1930 Penny, presented in a Dansco Album


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A complete Australian Penny Collection, including the extremely rare and iconic 1930 Penny, presented in a Dansco Album
COIN
A complete Australian Penny Collection, including the extremely rare and iconic 1930 Penny, presented in a Dansco Album
PRICE
$22,500
STATUS
Sold March 2021
QUALITY
1930 Penny Good Fine / About Very Fine with smooth and highly reflective fields. The few edge bumps do not impact on the aesthetic appeal of this iconic rarity.
PROVENANCE
Private Collection Melbourne
COMMENTS
Nine times out of ten, when people approach us about selling their collection of pennies, the holding is missing the elusive 1930 Penny. That was not the case with this collector. A retired pharmacist, his interest in numismatics commenced in his late teens when he began working in his father’s chemist shop. When the time came to take over the family business, he had the financial capacity to fill the last hole in his collection and acquire the very valuable and iconic 1930 Penny. This offer is comprised of a complete collection of Australian pennies 1911 to 1964 housed in a Dansco Album (78 coins).
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A complete Australian Penny Collection. The holding is comprised of 78 coins, including the extremely rare 1930 Penny and the scarce 1925 and 1946 Pennies. Varieties also included. Quality range of the collection Fine to Uncirculated.

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Housed in the historic Dansco Album.

Four reasons why collectors love the 1930 Penny.  

Reason 1. One of the prime reasons for the popularity of the 1930 Penny is its financial reliability. It is a solid coin. And in times such as we have experienced in 2020 and even now in 2021 this genuinely counts.

Reason 2. 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.

Reason 3. Another reason for its popularity is that the coin is as Australian as you can get. Struck during the Great Depression, 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.

Reason 4. The coin 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. Twenty years later prices have more than doubled.

And with a 100th anniversary less than a decade away, the push to acquire Australia’s favourite Penny is really on.

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