Australia 1916-I penny

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Ponterio sale 169, lot 10020
Australia 1916 penny rev Ponterio 169-10020.jpg

This specimen was lot 10020 in Ponterio sale 169 (Baltimore, November 2012), where it sold for $764. The catalog description[1] noted, "AUSTRALIA. Penny, 1916-I. NGC MS-65 RB." The silver coinage for Australia commenced in 1910 but bronze pennies and halfpennies were not struck until 1911. As such, none were struck with the effigy of Edward VII. This date, struck at the Calcutta mint during World War One, is common but expensive in nice condition.

Recorded mintage: 3,324,000.

Specification: 9.4 g, bronze, 30.8 mm diameter.

Catalog reference: KM 23.

Source:

  • 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]Ponterio, Richard, Ponterio sale 169: The November 2012 Baltimore Auction, Irvine, CA: Stack's Bowers, LLC, 2012.

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