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Preserve the Past. Invest in the Future

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Preserve the Past. Invest in the Future RARITIES FOR INVESTORS & COLLECTORS PRESERVE THE PAST. INVEST IN THE FUTURE. JUNE 2016 Rarities Great coin rarities have an edge that goes far beyond their scarcity. They reflect great moments in time and have a wonderful story to tell. It is an immense honour to own a great Australian coin rarity. It also is an education in the nation’s history. We invite you, and your family, to share the experience. FEATURED ITEMS: 19 3 0 Penn y It is a fact that every 1930 Penny that we acquire … is sold relatively soon after it is featured. We have formed the view that our clients respect our selection protocols. And are aware that we sell coins with the underlying aim of buying them back. 1921 Square Halfpenny The 1921 Square Halfpenny is evidence of the Labor Government’s grand plan in the 1920s to overhaul the nation’s coinage, and break away from British designs by introducing a uniquely Australian Penny and Halfpenny. Some say it was the rumblings of a Republican movement way ahead of its time. 1873 Half Sovereign Melbourne Mint From the day this 1873 Melbourne Mint Half Sovereign was struck, it was destined to become a prized collector piece. The striking is remarkable: the design is highly detailed. Furthermore the coin has been brilliantly preserved, the coin is proof-like in appearance. 1813 Holey Dollar With the launch of Coinworks Holey Dollar Pictorial History, this Holey Dollar now takes its rightful place in Australia’s currency heritage as reference number 1798/15. Held by a New South Wales collector since the late 1990s, this Holey Dollar is distinguished as being the very finest of the known ‘T Knight’ counter stamped Holey Dollars. 1927 Proof Canberra Florin His Royal Highness the Duke of York, officially opened Parliament House in Australia’s national capital, Canberra on 9 May 1927. To commemorate this momentous occasion, the Government authorised the release of a limited edition collector coin. It was Australia’s very first commemorative coin and is today a prized collector piece. 1887 Proof Half Sovereign Melbourne Mint Quality FDC Provenance John G Murdoch 1903, Spink Australia 1978 and 1981, Philip Spalding Price $75,000 “In the Australian coin series, the absolute brilliance and supreme rarity of proof gold is unrivalled.” The year 1887 is an important one in the nation’s The nation’s mints were striking proofs of our currency history. It was the year that Queen Victoria pre-decimal coinage in the nineteenth and twentieth celebrated her golden jubilee. To mark the occasion centuries and the intention was then, as it is today, Australia’s half sovereigns were struck depicting a to create limited mintage collector coins struck to the Jubilee portrait of Queen Victoria: the design featured highest quality standards. But with two very glaring from 1887 to 1893. differences. The mintages more than a century ago were minuscule. And their striking was sporadic. Given the importance of the design change, wealthy businessman and collector John G Murdoch financed For today’s buyers, the opportunities for purchase the striking of a limited number of proof collector of proof gold is obviously limited by the minuscule pieces at the Melbourne Mint, believed three. numbers struck. And the irregularity of the issues. But there is another consideration. Great coins tend This 1887 Proof Half Sovereign is one of the three and, to be held. to our knowledge, is the only proof example out of that original mintage to appear on the open market over the The owner of the Madrid Collection held onto his gold last fifty years. proofs for more than twenty years. And this coin was held in the Spalding family for a similar length of time. That proof coins were struck in the nineteenth century may surprise some readers. But it has to be said that The availability of a gold pre-decimal proof coin – the striking of proof coins in Australia is not a modern of any year – is an opportunity. If you happen to be day phenomenon. Nor a product of the decimal era. offered one of exceptional rarity, such as this coin, then the opportunity is even more profound. Sovereign www.coinworks.com.au T 03 9642 3133 1927 Proof Canberra Florin The Australian Government authorised the Quality FDC release of this limited edition collector coin Provenance Private Collection Melbourne in 1927 to commemorate the opening of Parliament House in Canberra. Price $29,500 His Royal Highness the Duke of York, officially of the original mintage of 400. So a small mintage of opened Parliament House in Australia’s national coins becomes even smaller for the buyer seeking a capital, Canberra on 9 May 1927. In front of a massive quality Proof Canberra Florin. crowd, the Duke of York opened the parliamentary In today’s market we might see one premium quality doors with a golden key and unveiled a statue of his Proof Canberra Florin on the market every year. father King George V in the foyer. And we stress the inclusion of the word ‘premium’ To commemorate this momentous occasion, the in this statement. Government authorised the release of a limited edition This particular 1927 Proof Canberra Florin is a collector coin. It was the Melbourne Mint’s very first premium quality example and is classified as FDC, with collector coin issue, the coins selling for a sixpence brilliant mirror fields. The coin shows the characteristic premium over face value. And it was Australia’s very striations associated with Proof Canberra Florins which first commemorative coin. reflects meticulous die preparation. Moreover, it has We know the coin today as the 1927 Proof Canberra been sharply struck and brilliantly preserved. Visually it Florin. And it is a prized collector piece. is stunning. The release of the 1927 Proof Canberra Florin was As an historic piece and as a finite asset, the rarity a well-publicised event that saw the coins sell to of the 1927 Proof Canberra Florin is assured. As members of the public outside traditional numismatic an exquisite example of the Melbourne Mint’s circles. Coins being mishandled or pieces simply lost craftsmanship, the coin is a numismatic gem. into circulation was the fate of many of the proofs out 1937 Proof Crown Astute buyers understand the value of Quality Superb FDC history. History is on-going and with the Provenance Private Collection Melbourne passing of time the historical value of fine pieces of Australiana can only increase. Price $35,000 Astute buyers also understand the value of quality. Now let’s talk about quality. This coin is impressive, And everyone respects the impact of rarity. This a sizeable 38.5mm in diameter. The fields are Proof 1937 Crown offers all three. substantial and as a proof coin, they are superbly mirrored contrasting the highly detailed crown So let’s talk about each of these traits, history, quality designed by G K Gray. We know that the striking and rarity in relation to the Proof 1937 Crown. was well controlled, the mint aiming for perfection, When Edward VIII decided to abdicate the British because the coin shows the classic striations throne in 1936, currency issues throughout the world associated with the striking of the 1937 Proof Crown. were thrown into disarray. To distract from the chaos, As always in the selection of rare coins we set our the Australian Government issued its first five-shilling standards high to deliver uncompromised quality piece, the 1937 Crown, depicting the portrait of the to our clients. And this coin is a superb FDC. new king George VI (Edward’s brother). The rarity of the Proof 1937 Crown is the icing on The notion of a Crown was pushed by the Treasurer the cake for the mintage is a meagre 100 pieces. of the day, R G Casey and is still to this day referred to as ‘Casey’s Cartwheel’. No other coins were issued in 1937, bar the crown. So the 1937 Proof Crown was the only proof issue struck and feels the full force of collector attention. Highly historical? Absolutely. 1813 Holey Dollar, Potosi Mint Quality about Very Fine / Very Fine Provenance Ross Pratley, Private Collection Melbourne Price $95,000 It is a fact that Holey Dollars created from Potosi Mint silver dollars are the ‘rarest of the rare’. Of the 200 privately held Holey Dollars, only 8.5 per cent have ties to the Potosi Mint in Bolivia. By comparison 81 per cent have ties to the Mexico The status of the Holey Dollar as Australia’s first coin Mint and nearly 10 per cent to the Lima Mint in Peru. ensures that it will never be forgotten and, as time The scarcity of Potosi Mint Holey Dollars is borne out passes, its historical value can only increase. by our experience. We have only ever handled three No other coin has had so many books written about it. Potosi Mint Holey Dollars, and this coin is one of them. No other coin has been so highly exhibited. The Proof To add further to its appeal, the coin is photographed 1930 Penny is quite possibly the only other coin that and featured in the Mira Noble book ‘The Holey Dollars attracts as much media interest. of New South Wales’ published in 1988, reference The Holey Dollar is a coin that is held in the utmost 1800/8 . It also has been photographed and recorded respect. It is history. And yet it is refreshingly current. in Coinworks Holey Dollar Pictorial History with weight The ingenuity of Governor Lachlan Macquarie in 21.4gms and dimensions 41.4mm, also reference creating our first coin is reflected in the naming of 1800/8.
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