| 1950 Perth Mint Proof Penny |
| Quality | Brilliant FDC |
| Rarity | Of the highest rarity, as the finest known |
| Provenance | A. Long Collection, private sale, 1996 |
| Price | $ 69,500 |
| Sold | January 2012 |
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| Coinworks Historical Price Index |
| 2012 |
2011 |
2009 |
2007 |
| $ 75,000 |
$ 67,500 |
$ 39,375 |
$ 31,500 |
We have gone on record on many occasions with our belief that the numismatic investment market is all about opportunities. It is about recognising the opportunity and seizing it.
This outstanding quality proof coin is one such opportunity.
Extreme rarity
The Proof 1950 Penny is extremely rare. This example is one of only six sighted at major auction over the last 35 years. That’s an average appearance of about once every six years. (In fact, in terms of known sightings, 1950 is one of the rarest dates for George VI Perth Mint Proofs.)
In a class of its own
As the finest known of its year, it realistically moves into a class on its own rarity-wise.
Quality, superb FDC
Well struck (the hallmarks of a proof striking) and brilliantly preserved, the coin has smooth fields and stunning opal-like colours. It is the finest known.
An appreciating asset
This coin is a glowing example of the potential of the numismatic investment market. It was acquired in 1996, for $5950.
Past performance of investments and other financial matters is no indication of future returns or performance.
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