Australia 1916I Penny Specimen

Australia 1916I Penny Specimen

Regular Price $16,620.07

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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 dispatch orders as soon as possible, please allow 2-3 weeks for delivery within Australia and 4-6 weeks overseas.

We requires 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 $9.95, except EQL launches, 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.

EQL Launches/New Releases. The regular Flat fee ($9.95) does not apply to EQL Launches. Shipping charges for EQL new releases will differ and this rate will be advised at the time of entry.

Free Shipping: On orders $350.00 and over made in one transaction for delivery within Australia only.

Free Express Upgrade: Domestic Australian orders over the value of $1000 will automatically upgrade to Express Post at no additional expense.

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

  • New Zealand - $25.00
  • South Pacific - $30.00
  • Asia - $35.00
  • North & South America - $40.00
  • Europe - $45.00

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

Returns/Refund/Cancellations

Wynyard Coin Centre will attempt to exchange (if available) or provide a refund for any items delivered damaged or unsatisfactory when returned in original, undamaged condition with all product components as supplied within 14 days of receipt.

Cancelled items/orders for customer change of mind or return without major problem (in original condition) will be refunded less postage charges and any merchant fees (PayPal 2.6%, VISA/Mastercard, Shop Pay, Apple Pay & Google Pay 1.6% + $0.30) associated with accepting the original payment within 28 days of purchase. 

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