> I think not. Almost all 1930 Australian pennies are circulated.
Correct. Which supports the story. At the time, money was tight enough
that most people couldn't afford to just stick it in the bottom drawer and
forget it. And a visit to the mint was nothing like it is today. When they
built the new mint in Canberra, they put an elevated visitors gallery in,
something that wasn't contemplated in earlier years. The plethora of
'collector' issues simply didn't exist back then, even proofs were struck
for practical, not marketing, reasons.
I'll stand by the story, as it came from ex-employees of the Melbourne
mint. That doesn't mean it might not be folklore anyway, of course, but I
haven't seen any other versions other than 'nobody really knows' and 'its
> No one is going to be fooled by a 1938 penny altered to 1930.
> The design on both sides is completely different, the King is
Today, this is true. But there were widely-publicised incidents as
recently as the 70's. Obviously the fakes were produced much earlier, and
I mentioned it not because I think anyone would be likely to be taken in,
but rather to point out that they do exist. And I wonder what value a fake
would have, given the high value of many of our stamp forgeries?
> Downies prices are very high in comparison to other Australian
> coin dealers, beware what you buy from them. They do carry some
> rarities that you won't find elsewhere.
Again, true. Unless you lean across the counter and do a spot of
arm-twisting, of course. I don't think I've ever paid them anywhere near
the asking price, other than new issues at official prices, that is.
Besides, anyone ever seen a cheap dealer?
FWIW, a quick look in Monetarium's most recent catalogue shows a gF/abt.VF
1930 penny for $12,500, about $3k more than Downie's price for a similar
coin at about the same time.
Caveat Emptor, Your Mileage May Vary, and all that jazz. ;)