This is a copy of the very rare 1930 Australian one penny coin.
It is a cameo mirror proof strike and exceptionally beautiful to look at.
The fine detail really does give it something of a wow factor and as an item for display or as a unique gift then look no further.
Kindly note that this item is sold as copper bullion and not as a coin of circulation.
It has the word Copy struck on the reverse. Each coin is individually encapsulated for preservation. T
he coins are 1 ounce pure copper bullion running .999 fine and are sold as copper bullion and not as a coin of circulation.
Obverse:
George V GEORGIVS V D.G.BRITT: OMN: REX F.D.IND:IMP: by Bertram Mackennal
Reverse:
ONE PENNY COMMONWEALTH OF AUSTRALIA / (COPY as additional text) by W.H.J. Blakemore
Design
Mint Type: Proof Strike Mintage Date: 2010 Diameter: 30.8 mm
Thickness: 3 mm Edge: Flat
Composition: 99.9% Copper
ISO: Cu-ETP
Weight: 1.0000 troy oz. (31.1g)
Content: Copper 1 troy oz.
One troy ounce = 480 grains, or 31.10 grams. There are also 20 pennyweights to a troy ounce. A troy pound contains 12 troy ounces (over 13 avoirdupois ounces) and is equivalent to 373.24 grams. 32.15 troy ounces = 1 kilogram.
History
The Australian 1930 Penny is the rarest coin that was ever released into general circulation in Australia. Only three thousand were reputed to have been struck. There are only 6 proof coins known to exist, 3 in museums and 3 in private collections. A 1930 UNC example was recently on display at the Powerhouse Museum and has an estimated value of more than one million dollars. A private collector recently declined an offer of $1,000,000 AUD for his proof coin whilst another has accepted an offer of AUD$650,000.
