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 Replies: 10 / Views: 3,895 |
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New Member
United States
9 Posts |
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  |
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Pillar of the Community
Australia
1040 Posts |
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.
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New Member
 United States
9 Posts |
Thank you for the information!
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Pillar of the Community
Australia
4411 Posts |
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.
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Pillar of the Community
Australia
869 Posts |
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.
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New Member
United States
9 Posts |
Thank you both, I appreciate the help.
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Pillar of the Community
Australia
1040 Posts |
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-reverseWhatever the truth they're more common than the 27 Indian. Edited by Basil
11/19/2014 6:50 pm
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Pillar of the Community
Australia
852 Posts |
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.
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Pillar of the Community
Australia
2830 Posts |
ScarletD. - just f.y.i. - 1911 was the first year that the Australian penny was minted.
They're not scarce, but they are iconic.
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Pillar of the Community
Australia
1040 Posts |
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. |
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Pillar of the Community
3772 Posts |
Agree with all the comments above, but your coins can be had in bulk for between 10c and $1 each.
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Replies: 10 / Views: 3,895 |
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Posted 06/11/2012 7:36 pm
