Australia 1958(m) penny

from the Stack's Bowers 2022 NYINC sale, lot 6395

This specimen was lot 6395 in Stack's Bowers NYINC sale (New York, January 2022), where it sold for $240. The catalog description^[1] noted, "AUSTRALIA. Penny, 1958-(M). Melbourne Mint. Elizabeth II. PCGS PROOF-65 Brown. A boldly struck Proof with full glossy surfaces, medium brown patina, and streaks of faint rainbow toning on both sides." None of the proof pennies of the fifties are common but the 1955 and 1956 proofs from Perth are the key. The Melbourne mint also issued proofs. The absence of a dot after the word "PENNY" marks this as a Melbourne product.

Recorded mintage: 10,012,000 + 1,506 proofs + 14,428,000 from Perth.

Specification: 9.45 g, bronze, 30.8 mm diameter.

Catalog reference: KM-56.

Source:

• Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
• McDonald, Greg, The Pocket Guide to Australian Coins and Banknotes, 23rd ed., Lavington, Australia, 2017.
• Pitt, Michael, Renniks Australian Coin and Banknote Values, 32nd Edition, Matraville, New South Wales, Australia: Renniks Publications, 2023.
• ^[1]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, The 2022 NYINC Sale: World and Ancient Coins, featuring the Mark and Lottie Salton Collection and the Pat Johnson Collection, Costa Mesa, CA: Stack's Bowers LLC, 2021.

Link to:

• 1957(p) penny
• 1958(p) penny
• New Zealand 1958 penny
• South Africa 1958 penny
• 1958 sixpence
• 1958 shilling
• 1958 florin
• 1959(p) penny
• Coins and currency dated 1958