Lot 77
Rare this grade
-
Exhibited:
- Coins, Australia & New Zealand Literature:
- Coins, Monies & Stamps Medium:
- 355 Circa:
- Collectibles Notes:
- In July 1920, the Melbourne Mint sent three pairs of 1919-dated working dies to the Sydney Mint so it could prepare for the ceremonial striking of its first penny in October of that year. These were experimental dies that were lightly used to test the presses for the 1920 Penny production and the reverses were marked with an additional dot above the top scroll to distinguish their production from the Melbourne minted 1919 //. Penny. PCGS, One of the grading companies, PCGS seems to have been convinced by a claque of variety collectors of where the upper dot should be positioned and have rejected examples that do not strictly comply as just a die chip. In our opinion this is errant thinking, and we believe that at least two of the three available reverse dies were used resulting in two distinct positions of the 'dot' above the top scroll. The obverse dies were of the English type, the only ones held by Melbourne at the time. The 1919 .//. Penny that resulted is a scarce coin with perhaps a mintage of around 25,000 and marks the first 'unofficial' Sydney-struck penny. Records show that the 1919 .//. reverse dies were destroyed in 1924.
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