Rare or antique coins are often advertised on Internet sites such as eBay or Mercado Libre at prices that do not actually represent their value, although there are some that can reach unimaginable amounts, due to details that allow them to be collected by collectors. valuable in between. this weekend, One from 1930 broke Australia’s record for being “extremely rare” and sold at auction for $60,000,
The coin was purchased by a Western Australian bidder and is believed to be represented by experts. Record value of a penny in good condition, For his part, Lloyd’s Auction’s director of operations, Lee Hyams, assured that the money broke a record not only for him, but for its quality in general, at an Australian auction, When $60,000. Sold,
The penny is the smallest minted pre-decimal Australian coin in existence.Added Lloyds Auction Rep. It consists of a partial diamond and six pearls in the crown of King George V. site Yahoo Turns out that this is actually a casual penny, as the coin should never have been minted. In 1929, when the Great Depression began, the demand for coins was low, so the government ordered that no cent be produced, but “accidentally” minted this 1930 and produced 3000, of which only Only half were in circulation.
In addition to being rare, many coins are damaged and It is unknown how many collectors there are, in the statements recorded by Yahoo, Haimes said that 1930’s money is supposed to be a “penny”.numismatic superstar”, whose value only increases because its importance lies in the history of Australia. “A currency that was a byproduct of the economic downturn has become” symbol of prosperity,
On many occasions, the value of coins is tied to the fact that they are hard to find, their errors or various features of their references. While going to the experts is ideal, you can also find out at home whether coins are too valuable to collectors in a variety of ways.