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Australia George V 1930 Penny Very Fine

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Australia George V 1930 Penny Very Fine

Australia George V 1930 Penny Very Fine

A rarity of world standing, the 1930 Penny is Australia’s most desirable coin – sought after in any grade. An extremely pretty example, conservatively graded at Very Fine, the coin before you is among the finest 1930 Pennies we have offered in our 94-year history.

The 1930 Penny was born of the Great Depression. As a result of the economic downturn, demand for new coinage in Australia fell dramatically, with the Melbourne Mint largely idle during this period. There were no threepences or sixpences struck from 1929 to 1932, for example, and there were no pennies struck in 1930 – or so it was thought. It is now accepted that perhaps 3,000 pennies were produced in 1930, in the process of testing coin dies. It is thought that these coins were stored away, and ultimately released into circulation with the 1931 or 1932 Penny issue.

As it was issued for general circulation, it is to be expected that this iconic Australian rarity is seldom seen in anything other than well-worn condition. Indeed, most of the 1,500 known examples grade at Fine or lower. The coin presented here is one of very few exceptions to the rule.

With the obverse portrait of King George V distinguished by six clear pearls and a partial centre diamond, this particular example of the 1930 Penny is in much-better-than-usually-seen Very Fine condition. Among the finest of the few, this coin is likely to be in the top 5% of surviving examples. The opportunity to own the 1930 Penny in this outstanding state of preservation naturally emerges only very occasionally.

The ultimate addition to any predecimal collection, the chance to own this great Australian rarity in premium grade must not be missed. Click add to cart now!

$29,074.28
Australia George V 1930 Penny Very Fine
$29,074.28

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A rarity of world standing, the 1930 Penny is Australia’s most desirable coin – sought after in any grade. An extremely pretty example, conservatively graded at Very Fine, the coin before you is among the finest 1930 Pennies we have offered in our 94-year history.

The 1930 Penny was born of the Great Depression. As a result of the economic downturn, demand for new coinage in Australia fell dramatically, with the Melbourne Mint largely idle during this period. There were no threepences or sixpences struck from 1929 to 1932, for example, and there were no pennies struck in 1930 – or so it was thought. It is now accepted that perhaps 3,000 pennies were produced in 1930, in the process of testing coin dies. It is thought that these coins were stored away, and ultimately released into circulation with the 1931 or 1932 Penny issue.

As it was issued for general circulation, it is to be expected that this iconic Australian rarity is seldom seen in anything other than well-worn condition. Indeed, most of the 1,500 known examples grade at Fine or lower. The coin presented here is one of very few exceptions to the rule.

With the obverse portrait of King George V distinguished by six clear pearls and a partial centre diamond, this particular example of the 1930 Penny is in much-better-than-usually-seen Very Fine condition. Among the finest of the few, this coin is likely to be in the top 5% of surviving examples. The opportunity to own the 1930 Penny in this outstanding state of preservation naturally emerges only very occasionally.

The ultimate addition to any predecimal collection, the chance to own this great Australian rarity in premium grade must not be missed. Click add to cart now!

Australia George V 1930 Penny Very Fine | Downies Collectables