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Penny 1930 Altered Date

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Pillar of the Community
Australian coin's Avatar
Australia
1244 Posts
 Posted 05/09/2011  11:25 pm Show Profile   Bookmark this topic Add Australian coin to your friends list Get a Link to this Message Number of Subscribers
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harrison2's Avatar
Mexico
1304 Posts
 Posted 05/09/2011  11:48 pm  Show Profile   Bookmark this reply Add harrison2 to your friends list Get a Link to this Reply
For those of us unfamiliar with the Australian coins...what's wrong with the date?
Bedrock of the Community
sel_69l's Avatar
Australia
21789 Posts
 Posted 05/10/2011  03:26 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
harrison2: A genuine Australian 1930 penny at auction in F-VF will realise typically in the region of AUD $30,000 at auction.

A genuine (pattern only) 1937 penny, with standard obverse and reverse could realise between $1/4 and 1/2 million at auction. Even the uniface patterns are excessively rare. I have never seen one.
Formerly nancyc
Nevol's Avatar
Australia
5385 Posts
 Posted 05/10/2011  04:39 am  Show Profile   Bookmark this reply Add Nevol to your friends list Get a Link to this Reply
It probably started life as a 1936, but had the 6 turned into a 0. Makes a hole in a collection go away, but wouldn't fool many people these days. The 0 just looks wrong.
life is a mystery to be lived not a problem to be solved
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sel_69l's Avatar
Australia
21789 Posts
 Posted 05/10/2011  04:59 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
For $415? You're kiddin'!

I would buy a 1930 hole filler forgery for no more than 5 bucks. Ptui!
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Peter THOMAS's Avatar
Australia
2830 Posts
 Posted 05/10/2011  05:57 am  Show Profile   Bookmark this reply Add Peter THOMAS to your friends list Get a Link to this Reply

it was described as -
"Australia 1930 Key Date Bronze Penny Album Filler Coin",
and further down is this note -
Date: 1930 (altered date)

Last year, a dealer was selling them for $10 - your choice of a sickeningly shiny, almost brassy patina, or a pleasing chocolate.

But this one went for -
Bid history: 24 bids
Winning bid: AU $415.00 (Approximately US $445.21)

Fools and their money ...

oh well I'm glad that my 1930 - genuine, of course - is safely locked up:



Penny-1930-Altered-Date
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Australian coin's Avatar
Australia
1244 Posts
 Posted 05/10/2011  06:39 am  Show Profile   Bookmark this reply Add Australian coin to your friends list Get a Link to this Reply
What did you say genuine.
I only have a cute copy coin.
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Sap's Avatar
Australia
16916 Posts
 Posted 05/10/2011  07:31 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
The winning bidder - and presumably several of the underbidders - presumably hoped to on-sell it as genuine, and make a profit. It's the only reason I can think of why anyone would pay that much for a bogus coin.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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