Australia 1961(p) penny

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Heritage sale 3035, lot 30063
photo courtesy Heritage Auction Galleries

This specimen was lot 30063 in Heritage sale 3035 (Long Beach, September 2014), where it sold for $822.50. The catalog description[1] noted, "Elizabeth II Proof Penny 1961-(P) PR66 Red PCGS, Perth mint, KM56. Absolutely gorgeous and completely red with just one small obverse milk spot that defines the grade. A highly collectible piece in this premium Proof grade." The type was issued 1955-64 from Melbourne and Perth. The dot after the word "PENNY" marks this as a Perth product.

Sterling coinage was struck for several countries besides Great Britain, including Australia, New Zealand, South Africa, Southern Rhodesia, Fiji and New Guinea. All converted to decimal coinage in the 1960's.

Recorded mintage: 30,607,000 plus 1,040 proofs.

Specifications: 9.45 g, bronze, 30.8 mm diameter.

Catalog reference: KM 56.

Sources:

  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1901-2000, 42nd ed., Iola, WI: Krause Publications, 2014.
  • McDonald, Greg, The Pocket Guide to Australian Coins and Banknotes, 23rd ed., Lavington, Australia, 2017.
  • [1]Bierrenbach, Cristiano, and Warren Tucker, Heritage Signature Auction 3035, World and Ancient Coins, featuring the FoxLair Collection and the Law Collection, Dallas: Heritage Auction Galleries, 2014.

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