1920 Penny Dot Above Bottom Scroll English Obverse good Fine
We Last Sold This Item For: | $2,400.00 |
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Last Sold On: | 9/3/2022 |
# Sold In Past 12 Months: | 0 |
Recent Sales in this Category
1920 Penny Dot Above Bottom Scroll English Obverse good Fine
Obverse: Coronate bust of George V to right legend around
Reverse: Denomination within legend date below
This is an honest example of a truly rare penny variety.
At the peak of the boom in penny varieties in the late 1960s, thousands of collectors right around Australia were actively searching for every penny variety known to mankind - bulk lots of coins were checked many times over.
Although new varieties are regularly being discovered in the sovereign and half sovereign series, it's been pretty much gospel to collectors of Commonwealth coins that every known variety of penny had already been discovered - the trick was to simply find one of each of the known penny varieties, rather than look for new varieties.
So when the news was published in the CAB magazine in 2003 that a completely new penny variety had been discovered, it really did set the collector market back on its haunches.
Although it had long been known that there were no less than 7 different types of 1920 penny (each one different based on the reverse and obverse dies used to strike them), no one had ever come across a 1920 penny with a dot above the lower scroll on the reverse AND struck with an obverse die made from the London matrix.
PCGS have graded just 11 examples of this penny variety to date, which makes it nearly twice as rare as the 1931 penny with the Indian obverse and the dropped 1 reverse.
The example we have really is solid quality - the dot on the reverse really couldn't be clearer, and there is plenty of detail across the obverse to boot.
Several minor nicks are visible in the rim either side.
SKU: 6871
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