Australia 1938 3 pence

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Heritage sale 3020, lot 23094
photo courtesy Heritage Auction Galleries

This specimen was lot 23094 in Heritage sale 3020 (Long Beach, September 2012), where it sold for $9,400. The catalog description[1] noted, "George VI Proof Threepence 1938(M), Proof 66 NGC, full mint brilliance with flashy reflective surfaces. A rare early Australian Proof with a mintage of 250, certainly one of the finest known and by far the top certified example." This type was struck at the Melbourne mint 1938-43 with help from the San Francisco and Denver mints 1942-44. All the dates are common except for the proofs of 1938-39. Australia maintained the sterling silver standard until 1945, years after Great Britain had debased her coins to .500 fine.

Recorded mintage: 4,560,000 plus 250 proofs.

Specification: 1.41 g, .925 fine silver, 16 mm diameter.

Catalog reference: KM 37.

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]Tucker, Warren, and Cris Bierrenbach, Heritage Signature Auction 3020: World Coins, Dallas, TX: Heritage Auction Galleries, 2012.

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