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1921 Type 2 Square Halfpenny


1921 Square Halfpenny Type 2 Rev B&B February 2018
1921 Square Halfpenny Type 2 Obv B&B February 2018
1921 Type 2 Square Halfpenny
COIN
1921 Type 2 Square Halfpenny
PRICE
$115,000
STATUS
Sold February 2018
QUALITY
Uncirculated
PROVENANCE
Private Collection Victoria
COMMENTS
The Square Penny collector that aspires to completion will, at some stage, have to contemplate the purchase of a Square Halfpenny. And herein lies a difficulty for there are NOT a lot of options when it comes to the Square Halfpennies. The coins were struck in only two years, they being 1920 and 1921, immediately limiting the choices. The 1920 Square Halfpenny is known by only three examples and is a $300,000-plus item. Which is why the 1921 Square Halfpenny is so popular. The coin is still extremely rare. (We would estimate that perhaps nine to ten examples are known.) And it is, relatively speaking, reasonably priced. This is a well detailed 1921 Square Halfpenny with light streaky toning.
1921 Square Halfpenny Type 2 Obv B&B February 2018
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A fascination with the Square Kookaburra coins took one of our clients on a journey that lasted for decades. As a country Victorian he was particularly engaged by the kookaburra design.

Given the rarity of the coins involved, he enjoyed the challenge that the series presented. He also knew that he could space his purchases over a considerable number of years.

A builder by profession, an eye for exactness was required in his trade. That skill was put to good use in the selection of his coins for all of the pieces on offer are superb for quality, with pieces such as this Type 11 one of the finest we have seen or handled.

It is a fact that the Kookaburra coins are particularly difficult to find in premium quality. The reason is simply that the coins were test pieces and were not struck to the exacting standards of proof coining.

Given to dignitaries to assess their reaction, there was no packaging and we know that not every dignitary was a collector and would have handled them with the utmost care.

Some of the coins must have been tucked into a fob pocket for they have circulated. Others could have rattled around a top drawer. Or been passed around to colleagues ... introducing a multitude of chances for mishandling.

The Square Penny and the Square Halfpenny was brought to the attention of the Australian collector market in 1954 when Sir Marcus Clark O.B.E. sold his extensive collection of Australian coin rarities. 

It is on record that his 1921 Square Penny and 1921 Square Halfpenny sold for £36. Even more interesting is that in the same auction an Extremely Fine Ferdinand VII Holey Dollar sold for just over twice that amount at £72 10/-. (The Holey Dollar is now a $450,000-plus item.)

The popularity of the kookaburras continued throughout the 1960s with extensive reporting of their appearances occurring in the then industry magazine, The Australian Coin Review.

Strong collector and investor interest in the Square Kookaburras continues to this day. 

Coinworks also has available...

1919 square penny type 3
1919 square penny type 5
1919 square penny type 6
1920 square penny type 9
1921 square penny type 11

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