Australia 1938(m) penny
This specimen was lot 30378 in Heritage sale 3064 (Chicago, April 2018), where it sold for $3,600. The catalog description 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.
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
- McDonald, Greg, The Pocket Guide to Australian Coins and Banknotes, 23rd ed., Lavington, Australia, 2017.
- Cristiano Bierrenbach and Warren Tucker, Heritage World Coin Auction 3064, featuring the Doug Robins Collection of Canadian Tokens, Dallas, TX: Heritage Auction Galleries, 2018.