1946 Penny PCGS AU58
We Last Sold This Item For: | $950.00 |
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Last Sold On: | 16/5/2023 |
# Sold In Past 12 Months: | 0 |
1946 Penny PCGS AU58
Obverse: Bust of George VI to left, legend around
Reverse: Denomination above date, legend around
Alloy: Copper | Diameter: 30.80mm | Weight: 9.45g
Mintage: 363,000
There is just a hint of wear on this key date penny, much lustre remains.
The 1946 penny is Australia's 3rd rarest penny - one of the last gaps to be plugged in most penny albums, and a real prize in top condition.
The mintage was among the lowest in the entire penny series because 145 million pennies had been struck in the seven years leading up to 1946, and few extra coins were required once Australian and US armed forces began to demobilize in September 1945.
Once the Commonwealth Bank in Melbourne took delivery of the 1946 pennies, the staff there indicated that the coins would all be sent to Sydney for some unstated purpose.
Former Melbourne Mint staff subsequently found out "in a roundabout way", that a large number of 1946 pennies were sent to the Australian contingent serving in Japan as part of the British Commonwealth Occupation Forces.
The rarity of the 1946 penny was increased even further than its tiny mintage would indicate because very few of the coins sent to Japan would have been brought back to Australia.
Click here to read our full article on the background to this historic coin.
Click the PCGS icon below to verify the certificate details for this coin directly on the PCGS website.
PCGS Certificate Number: 46482466
SKU: 8167
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