1956 Perth Proof Penny (head side)
1956 Perth Proof Penny
Coin
1956 Perth Proof Penny
Quality
Superb FDC
Provenance
Private Collection Victoria
Price
$ 20,000
comments
At Coinworks we truly respect provenances. The reason is simple. Great collectors tend to only ever acquire great coins: their ultimate goal to own the very best. The owner of this 1956 Perth Mint Proof Penny was one such ‘great collector’. And this coin is unequivocally one of the best.
Sold
March 2015

At Coinworks we truly respect provenances. The reason is simple. Great collectors tend to only ever acquire great coins: their ultimate goal to own the very best. The owner of this 1956 Perth Mint Proof Penny was one such ‘great collector’. And this coin is unequivocally one of the best.

The coin is without doubt one of the finest we have handled. An original, blazing copper proof that sets the benchmark for all other known examples.

Furthermore the coin is rare, struck in a mintage of a meagre 417 coins.

The prospect of acquiring such a superb proof rarity is a genuine once in a decade opportunity.

Now while it is true that lesser quality specimens are sighted each year. They will always be that … lesser quality. And in our view lesser quality specimens can prove to be unreliable investments. Investment opportunities are in our opinion maximised by targeting the very best.

An excellent opportunity for first time investors or an outstanding addition for the seasoned collector, this is a world-class rarity offered in an attractive price bracket.

Treasury gave official approval for the Perth Mint to commence striking proof coins for collectors on a commercial basis in 1955. Released annually, the series came to a conclusion in 1963, just prior to decimal currency changeover.

It is a fact that the series of proofs struck between 1955 and 1963 is one of the most popular areas of the market for pre-decimal coin buyers. The coins have an excellent track record for appreciation and the price at which they are sold attracts maximum buyer interest.