Coins & Paper Money -> Coins: World -> Australia
The 1925 coin penny is the 3rd rarest copper coin from Australia. According to records from their Royal Mint, this coin was struck late in the year to make sure that Australian merchants had plenty of pennies during the Christmas season. When collectors take an interest in Australian coins, one of the first coins they usually try to acquire is a 1925 penny. While it’s rare, it’s not nearly as rare as the 1930 penny so it’s much easier to find to add to a collection.
Evidence shows that if you have a 1925 coin penny, it was one of the over 117,000 struck a the Melbourne Mint. After World War I ended with many more losses and more expense than Australia anticipated, gold was valuable internationally, but the told pulled from Australia’s mines was dropping. This spoke of trouble for Australia’s economy, so a great deal of gold was imported from London in 1925. This gold was chiefly used to make sovereigns in 1925 at the Melbourne Mint. The Commonwealth offered a bonus to citizens bringing in British silver coins in June of 1925. To replace these large numbers of British coins removed from circulation, they had to strike Australian silver coins to ensure good retail trade through the Christmas season, but they didn’t produce nearly as many as they had only the year before.
The 1925 coin penny is sought by collectors, not just for its rarity, but because there are minor die varieties found in the coin. Records at the Melbourne Mint show that they were experimenting that year with dies and the hardening of dies, and it’s believed that these experiments led to the die variations often found in this coin.
The 1925 coin penny is sometimes found today by searching through bulk quantities of pennies, though finding one of these coins in fantastic condition is rare. When they are found, they go far behind the capabilities of the average collector, as the price has often been record-setting at collector auctions.
If you’re looking for a 1925 coin penny to add to your collection, online coin dealers and auctions like eBay are a great place to look. While the great condition 1925 pennies are extremely rare and extremely valuable, it’s not that difficult to find one in worn condition or very used condition. While these don’t look as good, of course, they’re still quite an addition to a serious world coin collection, or a comprehensive Australian coin collection.
When shopping for a 1925 coin penny, you might find a $1 auction and think you’ve stumbled onto a great deal for the coin you’ve been looking for, but read the fine print carefully. Because of the rarity and value of a fine condition coin, some sellers sell 1925 penny replicas for very little money. If you’d like to have a great condition replica, this is an option. But you can probably find a used 1925 penny for a reasonable price, so you might want to hold out for a genuine coin.
Originally posted 2008-10-28 05:00:09. Republished by Blog Post Promoter
Related Posts -
Russian Ruble Coins-and-Paper-Money -> Coins-World -> Russia The Russian ruble collector is likely someone who doesn’t just love coins, but has an interest in Russia’s heritage as a country. One of the problems with purchasing rubles is that counterfeiting has always been a common thing with Russian coins. And not just...... -
Collecting Maple Leaf Canadian Coins If you are looking for an intriguing coin collection, consider adding Maple Leaf Canadian coins to your collection. These Maple Leaf coins are the official Canadian bullion coins and they are created and distributed by the Royal Canadian Mint. They come in a number of different metal types including gold,...... -
Liberty Head Silver Dollars money -> Coins-US -> Dollars Liberty Head silver dollars have been referred to in many different ways over the years. First they were called Buzzard Dollars, because no one really liked the original design of the rather scrawny eagle on the back. The large, heavy coins were also referred...... -
Rare Coins Coins and Paper Money -> Ancient Coins -> Persian, Indian, Asian There is something very special about rare coins. No matter where in the world they came from, they usually have a very rich history and collectors will search to the ends of the earth to find that special rare...... -
Starting a Gold Coin Collection There are a number of different ways that you can buy gold, not only as jewelry or gold bars but also in the form of a gold coin collection as well. Buying into a gold coin collection is a much better option, it is also much simpler and it can......
Related Websites -
Copper cents will probably get very scarce, very soon One hundred million pennies made their way to the for the Penny Harvest Field in New York City's Rockefeller Center, a display covering nearly 5,000 square feet to a depth of over two feet. Behind the Penny Harvest is Common Cents, which "nurtures a new generation of caring and capable...... - All that glistens is gold...rarely have you heard that told I was looking for some gold coins the other day, to protect myself from the gathering maelstrom. I think the price of gold is going to do really well as the Central banks continue to debase the currencies through massive currency expansion programs. So I called a bullion dealer...no luck.......
-
Knocking Out the Beliefs That Hold You Back This post is from GRS staff writer April Dykman. A college professor once told my journalism class that freelance writing is something you should do on the side. It’s not anything you could make a living at full-time. I graduated and worked at an office job until I decided I...... - Spain Stamps Stamps -> Europe -> Spain & Colonies When looking for old Spain stamps, online auctions like eBay are a great place to search. Often, auctions are in lots so you get several stamps to add to your collection, often from many different countries and time periods. Some stamps can also......
- When Inflation Attacks, Gold is Not the Defensive Weapon of Choice Inflation is Attacking (But You Knew That Already) A proper financial plan and retirement plan needs to include an inflation protection strategy. The news on the inflation front is not good. (You probably didn't need me to tell you that.) For the 12 month period ending in June 2008, the......
