1930 Penny PCGS VF30
| We Last Sold This Item For: | $25,000.00 |
|---|---|
| Last Sold On: | 18/11/2024 |
| # Sold In Past 12 Months: | 1 |
1930 Penny PCGS VF30
Obverse: Coronate bust of George V to right, legend around
Reverse: Denomination within legend; date below
Alloy: Copper | Diameter: 30.80mm | Weight: 9.45g
Mintage: Estimated to be around 1,500
Attribution: Lever variety V2, struck with reverse die S74
This is a strong example of Australia's most popular rare coin.
The 1930 penny is unequivocally Australia's most keenly sought rare coin - almost everyone has heard of it (even if only vaguely), it's been THE coin that all pre-decimal coin collectors have lusted over for decades.
Not only is the 1930 penny incredibly rare, but it also has a history and functional beauty that is unmatched by any other Australian rare coin.
Finding an affordable 1930 penny at the right price and without any strings attached is much harder than a lot of collectors realize.
As you can see from the images, this particular example has strong detail right across both sides and retains an even, tan-coloured patina.
The reverse rims are intact all the way around, and there is a strong level of detail in the inner beaded circle and the lower scroll - these characteristics confirm that the coin was struck well. Pay close attention to the reverse denticles just to the right of the "F" in "OF", you'll note a small dot between 2 of them. Research by Fred Lever has shown that this characteristic demonstrates it was struck with reverse die S74.
The King's crown in the obverse is evenly worn - the band in the base of the King's crown remains clear from end to end, 6 pearls can also be seen. The surfaces exhibit a rich and glossy chocolate patina, it is truly pleasing to see in the hand.
All of this confirms this truly is a solid example of Australia's most keenly sought rare coin.
The 1930 penny is a solid tangible asset that has long had a widespread appeal among collectors and the general public. It has been a trusted store of value for many decades now - few other Australian assets resonate as strongly with the general public as being an obvious liquid and desirable asset as this important and historic Australian coin.
If you are interested in learning more about the historical background to this important Australian icon, you might like to read an article that explains the background to this compelling coin.
This article explains why it is so rare compared to all other Australian pennies;
This article explains just how the 1930 penny became Australia's most popular rare coin;
This article explains the rarest type of 1930 penny - the English obverse variety.
If you'd like more information on recent sales statistics for comparable coins, don't hesitate to use the "Ask A Question" button, and we'll be pleased to share with you the auction research that we have on file.
Click the PCGS icon below to verify the certificate details for this coin directly on the PCGS website.
PCGS Certificate Number: 50429509
SKU: 7309
Browse our catalog of Pennies below:
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