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Replies: 16 / Views: 6,283 |
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Valued Member
United States
102 Posts |
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Valued Member
Australia
163 Posts |
Hi there, based on the photos this appears to be a business strike. The scroll isn't fully struck up (last 2 pictures) It has the echo around the inner circle like the proofs would have, but this is seen on business strikes as well. Still a nice pick up for a few dollars.
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Bedrock of the Community
Australia
21786 Posts |
The 1934 Melbourne Mint proof penny is listed in Renniks Coin and Banknote Values at AUD $60,000. By inference, only a handful of them must have been struck. I would think that almost all of them would have a provenance, and would only be found in State Museums.
Also by inference, I don't think this is one of those proofs.
In EF (Sheldon AU), this coin is listed with a value of AUD $40, as a business strike, in the same book.
Nice pick up for the price, anyway.
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Pillar of the Community
Australia
7096 Posts |
Quote: By inference, only a handful of them must have been struck. there were only 50 of these minted 
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Pillar of the Community
Australia
541 Posts |
We'd need photos of the whole coin to help you.
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Valued Member
 United States
102 Posts |
Ok I will get the pictures
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Valued Member
 United States
102 Posts |
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Pillar of the Community
Australia
541 Posts |
It's been in circulation (and later cleaned) so it's not likely to be a proof. There's a die polishing line going horizontally from the E of ONE on genuine proof strikes.
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Valued Member
 United States
102 Posts |
sorry I couldn't get another picture just cropped this one is this the line you are talking about I don't know what you are talking about 
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Pillar of the Community
Australia
7096 Posts |
Quote: sorry I couldn't get another picture just cropped this one is this the line you are talking about I don't know what you are talking about WWWW is a well known and respected collector in Australia and simply "Knows his Stuff" He also runs his own website and auction house. I am pretty certain that if he took the time and effort to look at your coin then I would think that his opinion would be very valid 
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Valued Member
 United States
102 Posts |
Oh I know I'm new at this so I'm just asking questions that I don't know the answer to trying to get as much info that I can
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Pillar of the Community
Australia
541 Posts |
The line isn't on your coin. The '34 proofs are not likely to be found circulated. While the Canberra proofs, '37 proof crown and '38 proofs can at times be found circulated, the '34 proofs were exported and most ended up in the US and it would be decades before they started returning to Australia, it's just not logical for them to be found circulated.
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Valued Member
 United States
102 Posts |
could you show me where the line should be at there is two very fine lines that I can see but my phone doesn't take very good pictures as you can see
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Valued Member
 United States
102 Posts |
It might not be logical but that doesn't mean its not possible I think that is a good catch frase sorry not making fun I just like star trek
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Valued Member
 United States
102 Posts |
Sorry I know you are a master of Australian proof coins but I think I need a better explanation of where the lines are and I think you can see them and pulling my leg because I cant get a logical answer from you about the line I saw one 1934 proof today that was clean and it only had one line in the E inside the bottom half if thats what you are talking about I have the same
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Pillar of the Community
Australia
541 Posts |
  Here are images of the die polishing striation patterns around the E.
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Replies: 16 / Views: 6,283 |