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Australia Elizabeth II

1959 Proof Penny reverse 1959 Proof Penny obverse

1959 Proof Penny

Mintage:1,506
Reverse Designer:George Kruger Gray Obverse Designer:Mary Gillick Size:31mm Weight:9.45g Edge:Plain Composition:97% Copper
2.5% Zinc
0.5% Tin

Values

Sales History

The 1959 proof penny is one of the most elusive post-55 proofs to acquire with full original mint brilliance. Their poorly packaged release has resulted on most examples of this date toning and although toned examples can still be quite desirable, the scarcity of fully brilliant red pieces has resulted in a strong preference from proof coin collectors for this year in its original red state. At small number of 1959 proof sets were sold to an American dealer who repackaged them in an acrylic case, these appear to be the only way this date had a reasonable chance of offering fully red examples.

A typical toned 1959 proof penny A typical toned 1959 proof penny

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