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1930 Penny Fine

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1930 Penny Fine

A solid example of Australia's most popular rare coin.

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Australia Penny King George V 1930 Melbourne Mint

Obverse: Coronate bust of George V to right legend around

Reverse: Denomination within legend date below.

A solid example of Australia's most popular rare coin, excellent value for money.

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, it 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.

A number of small contact marks are peppered across the reverse - these can occur when a coin is dropped onto a hard and uneven surface for a short period of time.

I'd like to think these light marks mean this coin was first found lying heads up on a bitumen road by someone down on their luck.

The reverse rims are intact all the way around, and there is strong detail in the inner beaded circle and in the lower scroll - these characteristics confirm that the coin was struck well.

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.

All of this confirms that 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 a previously-published article written by Andrew Crellin posted within the research section of our website.

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.