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==]== ==]==
The 1930 penny is one of the rarest Australian coins, due to a very small number being minted<ref></ref>. The 1930 penny is one of the rarest Australian coins, due to a very small number being minted<ref></ref>.
It is highly sought after by ], and a 1930 penny in good condition can be worth AUD$20000 or more<ref></ref>. It is highly sought after by ], and a 1930 penny in good condition can be worth AUD$20000 or more<ref></ref>. 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 the mid 1960's - 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 put the ones they didn’t have in their album.


==References== ==References==

Revision as of 07:38, 3 September 2008

File:1962-Australian-Penny.JPG
1962 penny

The Australian Penny was a coin used in the Commonwealth of Australia prior to decimalization. The coin was first introduced in 1911 and stopped being minted in 1964. When decimalization happened on 14 February 1966, the coin value was equal to 0.8333¢.

Obverses

1911-1936 - George V by Sir E.B. Mackennal.
1937-1952 - George VI by Thomas H. Paget.
1953-1964 - Elizabeth II by Mrs Mary Gillick.

Reverses

1910-1936 - Value by W.H.J. Blakemore.
1937-1964 - Kangaroo by George Kruger Gray.

a silver copy of the rare Australian 1930 penny

Numismatics

The 1930 penny is one of the rarest Australian coins, due to a very small number being minted. It is highly sought after by coin collectors, and a 1930 penny in good condition can be worth AUD$20000 or more. 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 the mid 1960's - 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 put the ones they didn’t have in their album.

References

  1. Numismatics: Australia: 1930 penny
  2. 1930 Penny
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Find sources: "Penny" Australian coin – news · newspapers · books · scholar · JSTOR (June 2007) (Learn how and when to remove this message)
Preceded byBritish one penny coin (pre-decimal) Penny
1910-1966
Succeeded byDenomination Abolished

A$

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