![]() ![]() It is estimated that there are 1500 in existence and there are a number of theories as to how they came to be. Because of the economic recession, in 1930, the Commonwealth decided not to place any orders for new pennies – yet, some were made. ![]() Known as ‘the coin not meant to be struck’, they were minted during a tumultuous time – in the middle of the Great Depression. While not technically correct, 1930 pennies are prized possessions amongst collectors. If you ask a coin collector, “what is the rarest Australian coin?”, they would likely say the 1930 penny. Hi, my name is Sally and today I’m going to be talking to you about the 1930 penny. Join us next time as Sally introduces the 1930 penny. While they’re not particularly rare, 1919 pennies can still fetch a collector more than $1000 depending on condition. While coin collectors have attempted to work out which dot pattern denotes which Mint, it is highly likely that, due to high demand, the dies ended up being passed back and forth between the Sydney and Melbourne Mints, making this quest futile. ![]() 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. 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. The 1919 penny has three different variations that can be distinguished by the location of small beads around the scrolls on the reverse. While historic mints would often place ‘mintmarks’ on coins made at their facility (such as a small ‘M’ for the Melbourne Mint, or ‘S’ for the Sydney Mint), it is also possible to speculate where a coin was made by deciphering very small differences in the dies used to strike them. For this reason, the 1919 pennies, with the reverse design by Blakemore and the obverse of King George V by Mackennal, are special.ġ919 pennies are great examples of the subtle variations between coins made at different mints. Although Australian pennies had been made for the newly federated nation since 1911, they were all minted at the Royal Mint in England or India. The 1919 penny was the first Australian penny minted on Australian soil. "However, the coin is decidedly far rarer in MS69RD, with fewer than two dozen specimens in PCGS holders," the PCGS states regarding the rare 1995 penny.Īs a result, the coin is considered extremely valuable and can fetch up to $5,000 for the lucky few who find it.Hi, my name is Graeme and today I’m going to be talking to you about the 1919 penny. According to Rarest, about 6,411,440,000 pennies came out of the Philly Mint that year. ![]() Produced by the United States Philadelphia Mint in 1995, this penny was created with a striking error, making it one of many valuable coins in the U.S. The last 1995 penny that sold at auction back in 2017 for the five grand had an MS grade of 69, which is one grade away from pristine mint condition. You can send it off to the experts like the Professional Coin Grading Service (PCGS), who will give it a thorough lookover and give it an "MS" grade and value. If you happen to find a double-die 1995 penny, your next step is to have it graded for its condition to see if it's really worth that whopping $5,000. Just found this penny and it is worth 5,000 dollars! □ #foryou #money #LearnOnTikTok #TikTokPartner ![]()
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |