Australia 1938(m) penny

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Heritage sale 3064, lot 30378
Australia H3064-30378r.jpg

This specimen was lot 30378 in Heritage sale 3064 (Chicago, April 2018), where it sold for $3,600. The catalog description[1] noted, "George VI Proof Penny 1938 PR63 Red NGC, Melbourne mint. A fairly rare proof issue, with a reported mintage of just 250 pieces, this dazzlingly choice example features intense red surfaces and a brilliant sheen. Krause lists a value of $26,000 (!) in this finish." The SCWC notes this type was minted 1938-48, with Melbourne contributing 1938-41 and 1943-48. The type was also issued from Bombay (1942-43) and Perth (1940-45 and 1947-48).

Recorded mintage: 5,552,000 plus 250 proofs.

Specification: 9.4 g, bronze, 30.8 mm diameter, plain edge.

Catalog reference: KM 36.

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]Cristiano Bierrenbach and Warren Tucker, Heritage World Coin Auction 3064, featuring the Doug Robins Collection of Canadian Tokens, Dallas, TX: Heritage Auction Galleries, 2018.

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