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Recent Articles 9-Nov-2022

The Australian One Cent

Walter Eigner The Australian One Cent is a keenly collected series owing to its attractive design and relative affordability. It was first issued in 1966 and continued as a regular issue until 1991. Due to its popularity, the coin was re-issued in 2006, 2010, and 2016 as part of collector sets.

Cleaning Coins

Walter Eigner Cleaning coins is one of the most divisive issues in coin collecting though most of the contention stems from a misunderstanding of the problems with cleaning coins. Dealers typically advise new collectors that cleaning will devalue their coins then they go ahead and happily sell cleaned coins.

Rare Pre-Decimal Coins

Anna Fhaumnuaypol Pre-decimals are coins that everyone, whether you are a collector or just starting out, usually have in their collection which have the potential to truly worth a lot of money. It represents a very interesting look into the past since when it was first introduced in Australia in 1910.

1942 and 1943 Bombay Mint Copper

Anna Fhaumnuaypol During wartime, the demand for pennies and half pennies increased immensely due to pay requirements of Australian and American forces within Australia. However, the availability of metals, especially copper and silver used for coins, was in shortage due to it being used for the war effort for munitions. Moreover, people were continuing to hoard silver and copper coins in money boxes for fear of instability resulting in banks running out of coins to function their day-to-day routine.

Collecting Old Australian Coins

Walter Eigner Collecting old Australian coins provides a fascinating glimpse into Australia's history through its circulating coinage. While there is a general impression that old coins are too expensive for new collectors to collect that couldn't be further from the truth. For just a few dollars you could obtain a later year mint-state pre-decimal coin, and for less than the cost of a modern proof set you can purchase a George V (1911-1936) pre-decimal coin.

The case for certified coins

Walter Eigner The debate on certified coins vs uncertified coins has been going on in Australia since PCGS first reached the mainstream Australian market back in 2008. While today most Australian coin collectors favour PCGS graded coins, a recent incident has reaffirmed the importance of and buying certified coins and valuing them first, especially when buying on-line.

Valuing Old Coins

Walter Eigner By far the most common question we get asked is "what is my coin worth?" Perhaps you found a few old coins which is why you're here reading this article. Maybe you're a seasoned collector already looking to get more precise values for your coins than the printed catalogues can offer. Perhaps you're an investor looking to value your coin portfolio. This guide will cover all of that.

The Silver of Edward VII

Walter Eigner Although Australia had been a nation since 1901, it wasn't until 1910 that her first official coins were produced. While the Melbourne mint was producing sovereigns and half sovereigns at the time, these were technically Imperial British coins. The first coins issued specifically for Australia were struck in silver and of the denominations threepence, sixpence, shilling, and florin. These featured the Australian Coat of Arms on the reverse and the crowed bust of King Edward VII on the obverse.

Sydney Mint Half Sovereigns

Walter Eigner The discovery of gold in the colony New South Wales in 1851 prompted a surge of immigration among prospectors seeking wealth in the new colony. This lead to the production of half sovereigns in Sydney as of 1855. Only 3.3 million half sovereigns were produced from 1855 to 1869 resulting in individual years being very scarce and valuable. To add to this, the high bullion content of Sydney mint half sovereigns, which were alloyed with silver, compared with their British counterparts, which were alloyed with copper...
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A Point in History through Rare Pre-Decimal Coins

Proof Coins

A coin can be struck with a proof quality, and although it has the same design as its circulated counterpart, proof coins are never meant to be used or circulated. They are struck in limited numbers to the highest minting standards therefore it holds a higher value than the normal business strike. Before 1955 proof coins are rare but as coin collecting becomes more popular so does the proof coins. Usually, proof coins are more worthwhile to have in the collection and if found will generally be of higher value due to its limited mintage.

1927 Proof Canberra Florin

The 1927 Canberra Florin is Australia's first commemorative coin issued to mark the opening of the Parliament House in Canberra. The proof collection is the first to ever be sold to Australian collectors with a total mintage of 400 which is relatively high compared to other proof coins before 1955. The 1927 Canberra Florin is considered common to find for proof coins produced before 1955 in terms of mintage. Despite that, it is highly valued over the business strike especially when it is in a good condition.

1937 Proof Crown

The 1937 Crown was struck using the new Kruger Gray designs while in that year the Melbourne mint was to finally strike proof coins for all denominations to the general public as opposed to the circle of serious collectors. The production continued into 1938 before it stopped during the outbreak of World War II and later when the amount of coin collectors was starting to increase presumed again in 1955. The rarity of this 1937 Proof Crown comes from the lack of coins in top grades making it one of the rare proof coins sought after by many collectors.

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