Australia 1916I Penny Specimen

Australia 1916I Penny Specimen

Regular Price $25,000.00

Sorry! Our Australia 1916I Penny Specimen is currently sold out.

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The Australian 1916 bronze halfpennies and pennies were struck at the Calcutta Mint in India. Australia was in the midst of the First World War so our lowest denomination coins were struck off-shore which allowed the Melbourne Mint to strike the 3d 6d 1/- 2/- and gold sovereigns while the Sydney Mint struck only the gold coins for that year.

Australian pre-decimal specimen or proof coins dated prior to 1955 were struck mostly in very small numbers - usually less than 10 pieces for Royalty members of parliament dignataries and designers.

The term 'proof' refers to a coin's method of manufacture not its state of preservation. Australian Pre-Decimal Proof coins of this period are struck twice from specially prepared freshly polished dies and have near brilliant surfaces with perfect detail.
It is well documented that the Melbourne Mint struck six Australian 1930 Proof Pennies and one of them sold recently for over one million dollars! To compare against Australia's most sought after and most expensive proof this coin is favourably priced.

This superb 1916 I Specimen Penny is extremely rare - one of only three sold privately or through auction since 1989. Sharply struck and showing very high rims which is notorious for specimen/proof coins of that year. 

Provenance: Private Western Australian Collection

Refund policy

Shipping

We will endeavour to deliver orders as quickly as possible but, please allow 3-4 weeks for delivery within Australia and 4-6 weeks overseas.

We require full payment with order, plus all shipping/postage charges before we dispatch any goods.

All shipping/postage (including insurance) costs are subject to change without notice.

Shipping charges for Australia is a flat fee of $8.50, except heavy items such as coin rolls, books, accessories and large quantities of coins and banknotes which will be charged at current Australia Post charges. We will advise you of these costs before shipping.

Overseas shipping charges as follows; orders up to 1kg;

  • South Pacific Zone 1 - $25.00
  • Asia Zone 2 - $28.00
  • Taiwan - $95.00
  • North & South America Zone 3 - $30.00
  • Europe Zone 4 - $35.00

Orders over 1 kilogram, please contact us for shipping and insurance charges.

All coins, banknotes and tokens are completely guaranteed for title and authenticity. We do offer refunds on all items, less all postage and insurance costs, if returned in original (undamaged) condition within 28 days of receipt, subject to conditions. We will replace any damaged item (if available) when returned to us in original packaging as supplied.
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