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Posted on: Oct, 10/19/2010

The 1930 penny is without doubt the one rare coin that most Australians know about -  it started off as being the last coin to go into the Dansco press-in albums that were hugely popular in those days (in fact they're so rare hardly anyone ended up with a complete penny set), and it now rates as an heirloom and an investment.

Unlike paper notes or even the larger silver coins, pennies could be accumulated fairly easily without placing too big a dent in the family budget. It wasn’t a trifling or incidental coin - back in the 1960’s a penny could actually buy something, and a collection of 95 coins represented a reasonable spending sacrifice. As they were used every day of the week, most people had the opportunity day to day to check their change and...

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Category [ Tags: Commonwealth Coins ]
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Posted on: Sep, 09/21/2010

Serial Numbering

The general public today is quite used to seeing our notes printed with uniform serial numbers - nearly all Australian notes issued since 1988 feature a four-digit prefix and a six-digit serial number. Australians in the early 1900's had no such luxury, as there were 10 different varieties of the ten-shilling note alone in Australia's first decade of a national paper currency.

1918 Ten Shilling Cerutty/Collins

The Commonwealth Treasury initially underestimated the economic demand for Australia'...

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Category [ Tags: Commonwealth Banknotes ]
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Posted on: Sep, 09/17/2010

Commemoration of 200 Years of European Settlement

It's long been thought that the ten dollar note issued in 1988 by the Reserve Bank of Australia (RBA) simply honoured the 200th anniversary of European settlement in Australia. This momentous occasion celebrated our nation's achievements and cultural heritage, and undoubtedly deserved being marked by our first commemorative note.Australia's 1988 Bicentennial $10 Note Front

Several disclosures recently published in the international currency printing trade media however reveal that the Bicentennial note program was just as...

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Category [ Tags: Decimal Coins & Banknotes ]
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Posted on: Sep, 09/09/2010

As someone that attends all of the major numismatic trade shows around the country; as a dealer that interacts with dozens of collectors of all stripes each day of the week; as an active eBay seller and is currently Secretary of the Australasian Numismatic Dealer's Association (ANDA), I get to see a reasonable range of coins and notes, and hear a range of views of what's going on in the market.

...

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Posted on: Sep, 09/09/2010

Most collectors working towards a complete type set of pre decimal notes start at the easiest end and work back – from the more readily available Queen Elizabeth (QEII) issued in the 1960’s back towards those issued before World War I.

Australia 1927 £10 Note Riddle Heathershaw

The first really tough note these collectors come across is the Gold Bearing Ten Pound of the 1920’s – all of the QEII notes, King George VI notes and smaller denominations in the Gold Bearing series may be sourced with patience, while the total number of ten pound notes from the Treasury and...

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Category [ Tags: Commonwealth Banknotes ]
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Posted on: Jul, 07/16/2010

 

The 1923 half-penny is one of Australia’s rarest pre-decimal coins, produced in an era of economic growth and industrial turmoil. It has been highly sought after by collectors for many years, and has a somewhat mysterious background - the real story behind its rarity remained untold for decades. Numismatic investors recognise that it is extremely difficult to find in superior quality.

1923 Royal (Branch) Mint records indicate that 1,113,600 halfpennies were struck in Sydney, while none were struck in Melbourne at all. The story does not end here however; as later research by John Sharples, (Numismatic Curator of the Museum of Victoria) has proven that the coins struck in Sydney in 1923 were actually dated 1922. The elusive 1923 halfpenny was actually struck in Melbourne sometime between...

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Category [ Tags: Commonwealth Coins ]
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Posted on: Jan, 01/25/2010

The Melbourne Centenary Florin is one of the most interesting coins in the entire Commonwealth coin series. It is rare in any condition, features an enigmatic reverse and an obverse unique on Australian coins, relates to a significant event in Australia’s post-Federation history and is linked with Victoria’s first department store.

One of my favourite articles on any numismatic items relates to this coin, it was published in the Australian Coin Review in July 1971. It covers much of the numismatic background to the Melbourne Centenary florin in good detail, and is well worth reading if you can get a copy.

The Victorian and Melbourne Centenary Celebrations commemorated a hundred years of European settlement at Victoria’s first two permanent outposts...

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Category [ Tags: Commonwealth Coins ]
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Posted on: Nov, 11/11/2009

Cast your eye over a list of the mintage figures for Australian sovereigns throughout the 1920's, and you'll see that this period is one of extreme volatility – it includes the rarest coin in the entire Australian sovereign series (the 1920 Sydney), as well as what is arguably the most common coin in the entire sovereign series – the 1925 Sydney.

1926 Sydney Sovereign

This volatility in production was not caused by any one single factor – changes in Australia's national economic output; declining gold production; significant changes to exchange rates and the repatriation of Australia's...

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Category [ Tags: Australian Gold Coinage ]
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Posted on: Oct, 10/03/2009

For many collectors, the term investment is something of a dirty word - the very thought of their passion for history, art or self-expression being commercialized hits them in the gut as being revolting.

How can a price be put on good taste?

How can we even contemplate a personal memory as being more or less valuable than another?

Although these sentiments are indeed understandable and perhaps even honorable, the fact remains that money does indeed make the world go round, or at least it plays a fundamental role in life in an advanced Western society in the 21st century.

There are others though that sagely opine that certain sections of the numismatic world are no longer the domain of the collector, but are now the sole province of the investor - this is principally due to the...

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Posted on: Sep, 09/08/2009

World War II began with the German invasion of Poland on September 3rd, 1939, and ended with the the Japanese surrender on August 15, 1945.

Australian Coinage During WWII

Almost a million Australians served in the Second World War - they fought in campaigns against Germany and Italy in Europe; the Mediterranean and North Africa, as well as against Japan in south-east Asia and other parts of the Pacific.

General Eisenhower decided that the US campaign in the Pacific was to be directed from Australia, and so close to a million US military personnel were based at various locations throughout Eastern...

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Category [ Tags: Commonwealth Coins ]
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