Penang 1828 1/2 cent
This specimen was lot 4187 in Goldberg sale 85 (Los Angeles, June 2015), where it sold for $1,175. The catalog description noted, "Netherlands East Indies. ½ Cent (Pice), 1828. Arms with supporters. Obverse flan flaw. NGC graded AU-55 Brown." The type was struck in 1825 and 1828 while Penang was a trading station of the East India Company and is scarce in nice condition. Later issues were struck for the Straits Settlements, centered on Singapore. Despite the auctioneer's description, this coin has nothing to do with the Netherlands East Indies.
Recorded mintage: 414,000.
Catalog reference: KM-13 (Malay Peninsula); SS-28B P-21B.
- Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1801-1900, 7th ed., Iola, WI: Krause Publications, 2012.
- Goldberg, Ira, Larry Goldberg, Aleeza Brown, Yifu Che, Jason Villareal and Stephen Harvey, Goldberg Sale 85: the Pre-Long Beach Auction, Los Angeles: Goldberg Coins and Collectibles, 2015.