How much is an australian 1956 penny worth

Want to be notified when it becomes available again? Simply register your interest and we'll send you a message when it does. Struck by the Melbourne Mint in for collectors and investors, the penny does not feature a mintmark as do most of the proof coins minted at the Melbourne Mint.

What is a Australian penny coin worth? Values, images, and specs for the m penny from Australia. Values are in Australian Dollars. Based on European Grading System. Further information on grading, condition, detractors, and. QEII Melbourne mint.

How much is an australian 1956 penny worth

Four reasons why the Perth Mint Proof Coins to are worth owning. Brilliantly preserved proof coins of the Perth Mint are unrivalled for quality. The coins not only display superb levels of detail in their design but an intensity of colour that is unmatched by the Melbourne Mint copper proofs from the same era. Perth Mint Proof Pennies and Halfpennies are exclusive and were struck in extremely limited numbers. The mintage of the Perth Mint's first proof collector issue was That of the Perth Mint's second year, only Mintages in the ensuing seven years averaged around the mark. We compare these mintages to the current output of the Royal Australian Mint and Perth Mint where 10, is the norm. In the case of the Proof Penny, we would be lucky to sight one high quality coin at auction annually. And a coin as magnificent as this must be considered a once-in-a-decade opportunity. The series of Collector Proof Coins to is an important series in our numismatic history: a catalyst for the introduction of the proof coining program introduced by the Royal Australian Mint, Canberra in It also is an affordable one, making it one of the most popular collecting series in the Australian coin market. The Perth Mint is still operating. That the Perth Mint is a leading coin producer makes its pre-decimal proofs historical. But also, vibrantly current.

When you look at the Proof Penny shown above, you can only but agree.

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Locating penny value on the chart involves two initial steps. First: Identify the mint that struck the coin, confirming date and mint mark variety. Secondly: Condition becomes a key factor in deciding on an accurate value. Small differences needed to judging grade are highlighted to compare your coin. Images in the grading section with descriptions guide the process. Step one is to confirm exact Date and Mint Mark variety. Images used to locate mint marks finds its exact place on the chart. Second step, is a good appraisal of condition. Matching your coin to grading images gives a good indication of its condition, helping visualize grade. It is important to judge your coin against both the images and descriptions.

How much is an australian 1956 penny worth

Skip to content. Exploring the Penny - YouTube. The penny was the first Australian penny minted on Australian soil. Although Australian pennies had been made for the newly federated nation since , they were all minted at the Royal Mint in England or India. For this reason, the pennies, with the reverse design by Blakemore and the obverse of King George V by Mackennal, are special. The penny has three different variations that can be distinguished by the location of small beads around the scrolls on the reverse. The first variety has no dots, the second has a dot above the top scroll and a dot below the lower scroll called a double dot variation , and the third features a single dot below the lower scroll. These variations happened as a result of the dies being sourced from different locations: the London Mint, which were considered completed dies; the Melbourne Mint, which were cloned dies based on the London dies; and the Calcutta Mint in India, which were half-finished, unhardened dies completed by the Melbourne Mint before production.

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Back to Pennies. We compare these mintages to the current output of the Royal Australian Mint and Perth Mint where 10, is the norm. That the Perth Mint is a leading coin producer makes its pre-decimal proofs historical. Queen Elizabeth II. As the Perth Mint was striking copper circulating coins for Treasury, it could strike only copper proof coins for collectors. George Kruger Gray. Selling Services. The retail value of a The series of Collector Proof Coins to is an important series in our numismatic history: a catalyst for the introduction of the proof coining program introduced by the Royal Australian Mint, Canberra in Add to wishlist. Found the information on.

The Australian penny coin was a small circulating denomination of the Australian Pound. It has the same dimensions and composition as the British pre-decimal penny , from which it is derived for a time, the coins circulated in parallel and were interchangeable in Australia - but not in the United Kingdom; the currencies were fixed at par.

It also is an affordable one, making it one of the most popular collecting series in the Australian coin market. The colour is vivid and intense, the surfaces impactful. Queen Elizabeth II. The proof coining program of the Melbourne and Perth Mint came to an end in just prior to Australia's decimal changeover. Add to wishlist. The Melbourne Mint struck their proofs in both silver and copper. The era to is an important one for Australian coin collectors. The proofs struck between and are a perfect entry point into the Australian rare coin market. Our guide below shows retail. Mintages tended to be less than twenty, so it goes without saying that collectors were, in the main, denied access to them. Australia Melbourne Mint Proof Penny. Selling Services. Want to be notified when it becomes available again?