Proof 1928 Penny, Melbourne Mint


1928-Penny-Reverse-August-2019
1928-Penny-Obverse-August-2019
Proof 1928 Penny, Melbourne Mint
COIN
Proof 1928 Penny, Melbourne Mint
QUALITY
FDC, a brilliant proof and almost full mint red
PROVENANCE
Spink Auctions 1981, Nobles Auction 1991 in the sale of the Richard Williams Collection
PRICE
$35,000
COMMENTS
This Proof 1928 Penny was first offered at Spink Auctions in 1981. And made a second appearance at Nobles Auction in 1991. On both occasions the coin sold, the prices realised far exceeding the pre-auction estimates. Looking at the coin in the flesh its easy to understand why. The extent of original copper brilliance is simply awesome. The surfaces are like a copper mirror. This is proof coining at its best. Moreover the coin is rare. Six examples of the Proof 1928 Penny are known, this being one of the finest of the six. This is a rare opportunity to acquire an important piece of Australia's minting history formerly owned by renowned Commonwealth coin collector, Richard Williams.
STATUS
Sold September 2020
1928-Penny-Obverse-August-2019
Enquire Now

Today’s proof coin collectors are so well catered for.

Both the Royal Australian Mint and the Perth Mint strike proofs on a regular basis. And the mintages are keenly set to satisfy collector demand to ensure very few miss out.

In the twentieth century, Australian collectors were not afforded the same luxury.

The harsh reality for collectors was that, with very few exceptions, proofs minted in the George V era were NOT struck for the collector market.

  • Proofs were struck to be held in archives. Their purpose to record the mint’s circulating coin achievements.
  • Proofs were also struck to send to museums or public institutions, such as the Royal Mint London and British Museum.
  • There were times when proofs were struck to put on display at public exhibitions. So, whilst denying collectors the opportunity of ever owning them, they could at the very least get to look at them.

Whatever the end destination of the Melbourne Mint proofs - archives, institutions or public exhibitions - the situation demanded the highest quality minting skills.

It necessitated a ‘kid-gloves’ approach and was labour intensive, hence the limited number of proofs struck.

  • The copper blanks were hand-picked and highly polished to produce a coin with a mirror shine and ice-smooth fields.
  • The dies were hardened and wire-brushed to ensure the design was sharp.
  • The dies were struck twice onto the blanks to create a well-defined, three-dimensional design.
  • The rims encircling the coins were high, creating a picture frame effect, 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 Proof 1928 Penny is an exceptional quality proof, sharply struck with almost full original copper brilliance.

This is a rare opportunity to acquire an important piece of Australia’s minting history, the former property of renowned Commonwealth coin collector, Richard Williams.

 

 

Enquire now

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