Southern Rhodesia 1954 penny
This specimen was lot 31683 in Heritage sale 3064 (Chicago, April 2018), where it sold for $1,320. The catalog description noted, "British Colony. Elizabeth II Proof Penny 1954 PR67 Red PCGS. A marvelous and truly breathtaking specimen, boasting an incredibly small mintage of just 20 pieces in proof. With fully mirrored surfaces, brilliantly offering an array of iridescence back toward the viewer, it is easy to see how one could be easily transfixed by its charm and elegance. Of interest to the most serious of commonwealth cabinets." Rhodesia, named after diamond magnate Cecil Rhodes, was created a self-governing colony of Britain in 1923. Coinage commenced in 1932. The penny was introduced in 1934 and struck intermittently until 1954. This type is known for 1954 only and is scarce. The hole served two purposes: one, to prevent confusion with a higher denomination coin; two, to prevent natives from drilling their own holes when stringing them on necklaces.
Recorded mintage: 960,000 + 20 proofs.
Catalog reference: KM 29.
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
- Cristiano Bierrenbach and Warren Tucker, Heritage World Coin Auction 3064, featuring the Doug Robins Collection of Canadian Tokens, Dallas, TX: Heritage Auction Galleries, 2018.