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Inherited Australian Pennies

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New Member
United States
9 Posts
 Posted 06/11/2012  2:51 pm Show Profile Bookmark this topic Add ScarletDrew to your friends list Get a Link to this Message

Hi, I inherited my grandmother's coin collection which includes 4 Australian pennies. I'm not a collector or familiar with coins and I thought I would look here to see if anyone had an opinion on the value/grading of these coins. Any help is appreciated, thank you.

1939 front



1939 back



1929 front



1929 back



1920 front



1920 back



1911 front



1911 back

Valued Member
Australia
323 Posts
 Posted 06/11/2012  7:24 pm  Show Profile Bookmark this reply Add Basil to your friends list Get a Link to this Reply
Not a lot in value there I'm sorry to say,the 1920 has to have a dot over the top scroll to be of any real interest to collectors and the other dates have to be in aUNC or better to attract any demand.
New Member
United States
9 Posts
 Posted 06/11/2012  7:36 pm  Show Profile Bookmark this reply Add ScarletDrew to your friends list Get a Link to this Reply
Thank you for the information!
Pillar of the Community
Australia
4411 Posts
 Posted 06/11/2012  9:22 pm  Show Profile Bookmark this reply Add enworb to your friends list Get a Link to this Reply
They all have quite a bit of wear but with the exception of the 1911 reverse they all seem to be undamaged and nicely toned.

Whilst the 1920 may be worth a couple dollars the others are probably worth less than a dollar. That's not to say they aren't nice examples of some nice old Aussie coins.
Pillar of the Community
Australia
855 Posts
 Posted 06/12/2012  08:49 am  Show Profile Bookmark this reply Add goatieman23 to your friends list Get a Link to this Reply
The 1929 Penny has the Indian Obverse die which is considered to be scarce. But there are alot of them around especially in the condition yours is in.
New Member
United States
9 Posts
 Posted 06/12/2012  8:53 pm  Show Profile Bookmark this reply Add ScarletDrew to your friends list Get a Link to this Reply
Thank you both, I appreciate the help.
Valued Member
Australia
323 Posts
 Posted 11/19/2014  6:49 pm  Show Profile Bookmark this reply Add Basil to your friends list Get a Link to this Reply

Quote:
The 1929 Penny has the Indian Obverse die which is considered to be scarce. But there are alot of them around especially in the condition yours is in.


Yeah,lots of conflicting Info. on the 1929 Indian,i read on the net. a few years ago where only 1 die was used and the estimated mintage was less than 10,000 but having trouble finding link,found a similar one here..

http://www.catawiki.com/catalog/coi...dian-reverse


Whatever the truth they're more common than the 27 Indian.
Edited by Basil
11/19/2014 6:50 pm
Pillar of the Community
Australia
502 Posts
 Posted 11/27/2014  8:41 pm  Show Profile Bookmark this reply Add nealeffendi to your friends list Get a Link to this Reply
That information about the 1929 is false.
I saw a Unc example on offer by a Sydney dealer earlier this year and he had that single die/scarce etc spiel to support a stiff price. So I went and checked the unsorted 1929s I have accumulated and from 20 pennies I found 10 were Indian and from several dies.
Pillar of the Community
Australia
2830 Posts
 Posted 11/28/2014  10:39 am  Show Profile Bookmark this reply Add Peter THOMAS to your friends list Get a Link to this Reply
ScarletD. - just f.y.i. - 1911 was the first year that the Australian penny was minted.
They're not scarce, but they are iconic.
Valued Member
Australia
323 Posts
 Posted 11/28/2014  9:25 pm  Show Profile Bookmark this reply Add Basil to your friends list Get a Link to this Reply

Quote:
That information about the 1929 is false.
I saw a Unc example on offer by a Sydney dealer earlier this year and he had that single die/scarce etc spiel to support a stiff price. So I went and checked the unsorted 1929s I have accumulated and from 20 pennies I found 10 were Indian and from several dies.


...you could well be right Neal as previously mentioned there are plenty of them around.
Pillar of the Community
Australia
1515 Posts
 Posted 11/28/2014  10:07 pm  Show Profile Bookmark this reply Add Medieval to your friends list Get a Link to this Reply
Agree with all the comments above, but your coins can be had in bulk for between 10c and $1 each.
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