How much is an australian 1956 penny worth

Four reasons why the Perth Mint Proof Coins to are worth owning. Brilliantly preserved proof coins of the Perth Mint are unrivalled for quality.

Want to be notified when it becomes available again? Simply register your interest and we'll send you a message when it does. Struck by the Melbourne Mint in for collectors and investors, the penny does not feature a mintmark as do most of the proof coins minted at the Melbourne Mint. The mintage of proof's were originally offered for sale at a premium by the Melbourne Mint in Australia and abroad - especially the United States of America where a lot of these coins were purchased. The term 'proof' refers to a coin's method of manufacture not its state of preservation. Australian Proof coins are struck from polished or specially prepared dies they have near brilliant surfaces, very sharp rims with perfect detail, compared to the millions that were struck for circulation.

How much is an australian 1956 penny worth

What is a Australian penny coin worth? Values, images, and specs for the m penny from Australia. Values are in Australian Dollars. Based on European Grading System. Further information on grading, condition, detractors, and. QEII Melbourne mint. The Australian penny reverse shows. Found the information on. Let people know. The obverse features the young laureate. No mint mark Melbourne mint. The retail value of a Melbourne mint Australian. Our guide below shows retail.

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Skip to content. Exploring the Penny - YouTube. The penny was the first Australian penny minted on Australian soil. Although Australian pennies had been made for the newly federated nation since , they were all minted at the Royal Mint in England or India. For this reason, the pennies, with the reverse design by Blakemore and the obverse of King George V by Mackennal, are special. The penny has three different variations that can be distinguished by the location of small beads around the scrolls on the reverse. The first variety has no dots, the second has a dot above the top scroll and a dot below the lower scroll called a double dot variation , and the third features a single dot below the lower scroll. These variations happened as a result of the dies being sourced from different locations: the London Mint, which were considered completed dies; the Melbourne Mint, which were cloned dies based on the London dies; and the Calcutta Mint in India, which were half-finished, unhardened dies completed by the Melbourne Mint before production.

How much is an australian 1956 penny worth

What is a Australian penny coin worth? Values, images, and specs for the m penny from Australia. Values are in Australian Dollars.

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Very Good. The Proof Penny is one of the greatest rarities to come out of the Perth Mint, struck in a very tight mintage of coins. Refund policy Shipping We will endeavour to dispatch orders as soon as possible, please allow weeks for delivery within Australia and weeks overseas. Our guide below shows retail estimates based on grade. The Government placed only one restriction on the mints. The coins were specially struck and sold to collectors under provision of the Commonwealth Treasury, the sale price a premium of two shillings above face value. At the Perth Mint Our Catalogues. Perth Mint Proof Pennies and Halfpennies are exclusive and were struck in extremely limited numbers. In , the Australian Government gave approval for the Melbourne Mint and Perth Mint to start producing proof coins in commercial quantities and sell to collectors in what was to be an annual occurrence.

It wasn't until , nine years after Federation, that Australia again created its own currency — the Australian pound.

Buying Services. The much lower mintages are attributed to the late approval from the Commonwealth Treasury to the Perth Mint, coupled with a lack of awareness among collectors on the availability of proofs from the Perth Mint. At the Perth Mint That the Perth Mint is a leading coin producer makes its pre-decimal proofs historical. No mint mark Melbourne mint. We will advise you of these costs before shipping. George Kruger Gray. Further information on grading, condition, detractors, and. Our guide below shows retail estimates based on grade. Melbourne, Australia. The Australian penny reverse shows a bounding kangaroo in motion facing left, with the date below the tail, KG above the tail, and a star below the chest. Vince Verheyen is one of the most revered Australian proof coin collectors and an authority on proof coinage. That of the Perth Mint's second year, only The term 'proof' refers to a coin's method of manufacture not its state of preservation.