The rare and unique coins that hold some historical significance fascinate the coin collectors, they always hunt for such coins to add to their collections. Australia Penny is one of them, these coins were introduced in 1911, and the last penny was minted in 1964 for the last time.
Recently, the rare and ordinary Australian Penny is again in the spotlight. The 1943 Bronze Lincoln Cent was sold for $204,000 in an auction with 30 bids. The coin collectors wondering about the Australia Penny worth $75,000 or more can check the article below.
Australia Penny Worth $75,000
In this world, the rare coins are valuable because of the rare errors in them that occurred during the minting. The Royal Australia Mint started to mint the 1 cent coin, the Australian Penny, from 1911 with a simple Australia engraving and Australian monarch portrait.
As per the history, three monarchs were featured on the Australian Penny – George V, Elizabeth II, and George VI, till the Royal Mint stopped production in 1966. These coins hold high value today due to their limited presence and historical connection.
The coins featuring George VI and Elizabeth II have a kangaroo on the opposite side. The Lincoln cents of Australia are worth $75,000, there are others as well that were sold at high value due to the unique design and additional printing.
List of the Most valuable Australian Penny coins
Coin collectors can check the list of the most valuable Australian Pennies that are most sought after in the current time below:
- 1930 Half Penny: The Proof 1930 Half Penny was minted in Melbourne and that was used in the Commonwealth games. It is one of the rarest Australian coins as it was minted in a smaller quantity. The coin is recorded as one of the valuable copper pennies in the world as it is in very fine condition. The coin features George V and on the reverse side has the Commonwealth of Australia. The current value of the 1930 Proof 1930 Half Penny was $75,000.
- 1921 Kookaburra Square Halfpenny: Another rare coin related to the Commonwealth Coin that features Kookaburra. The coin was minted in Melbourne and currently around 200 Kookaburra pennies exist. According to coinworks, the 1921 Kookaburra penny coin value is around $32,500. Last time it was sold in an auction at a $100,000 price.
- 1928 Proof Shilling: Minted in Melbourne, made with 92.5% silver. The coin was owned by Ray Jewell, one of the top quality and had traits that were acknowledged by the collectors from all around the world. The coin’s current value is around $35,000.
- 1857 Proof Sovereign: The Sydney minted coin features Queen Victoria. The gold composed coin has attracted collectors due to its unique design and flawless conditions. The limited collection of the 1857 Sovereign coins was last sold at a $85,000 price in 2023.
- 1953 Proof Penny: The Australian Perth Proof Penny features Queen Elizabeth II. The coin has no mint mark, the reverse side of the coin features a Kangaroo. The creators engraved KV at the tail of the Kangaroo. The current value of the 1953 Proof Penny is around $40,000.
What factor increases the value of an Australian Penny?
The coin collectors should know the following factors that hike the value of coins to identify the highly valuable coins:
- Error and Rarity: Most of the coins have some error that makes them different from the others, like in some you can see the green effect on the coin due to the material chemical reaction or some error in the monarch portrait making them rare and unique.
- Condition of Coin: The collectable coins were preserved to keep them in good condition. The flawless conditions are sold at a high value as the design and material are intact, making it a rare and in-demand coin.
- Historical Significance: Each coin has some history behind it that connects with some event, time, or anything. These coins carry the history with them that makes them valuable, for instance, the Australian Penny of 1930, which was minted for the Commonwealth Games.
- Edge and material: The coin’s unique design or structure adds to its rarity, like most of them are designed in plain circles, and some are designed in square size coins. Some Australian pennies are one of the highly valuable copper coins and some are made with silver and gold, which adds to their value.
Where can you buy the Australian Penny?
Coin collectors can find the Australia Penny worth thousands of dollars in Auctions, generally or at online platforms, such as Jaggards, Etsy, and others. Coin Collectors can also find some of the rare coins on the Royal Australia Mint website.
Whenever you buy the Australian Penny, you should have it checked by a professional coin checker or check the certification of the coin, such as PCGS certified. The coins are rare, so you can also come across duplicate ones, so always check if the coin is the original one or not.