1963 Proof Penny and Halfpenny
COIN
1963 Proof Penny and Halfpenny
PRICE
$ 4950
STATUS
Sold November 2016
QUALITY
FDC
PROVENANCE
Private Collection Melbourne
COMMENTS
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 high on our list. Coins such as this 1963 Proof Penny and Halfpenny would have been amongst them. Priced at a level that attracts inordinate buyer interest and it is the demand coupled with the extreme scarcity of quality examples that will ultimately deliver capital growth. These are limited edition collector coins: a popular choice amongst our clients, in particular those that are looking to tuck away something truly special for children or grandchildren.
This 1963 Proof Penny and Halfpenny is a perfect entry point into the Australian rare coin market.
Both coins are brilliantly matched (which is in itself a rare occurrence) a blazing, solid orange copper.
And in terms of their rarity:
- The original mintage of the 1963 Proof Penny and Halfpenny was 1100, which is in itself a small number.
- Nine out every ten 1963 pairs 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.
- To quantify the availability of quality examples we suggest that you would be lucky to sight one or two quality 1963 Perth proof pairs annually.
The outstanding quality of these two coins is a guarantee of their rarity. And it’s their quality and their rarity that will underpin their financial growth.
CONTACT
PO Box 1060 Hawksburn Victoria Australia 3142
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