Mar 052015
 

Rare Perth Mint coins collectively worth a million dollars will be flown from Melbourne and displayed at the Perth coin and banknote show on Saturday, March 7 and Sunday, March 8, 2015, courtesy of Coinworks. Highlight of the display, the unique 1901 Perth Mint Proof Half Sovereign and Proof Sovereign: the pair of coins valued in excess of half a million dollars.

Coinworks managing director Belinda Downie says that ‘Proof’ coins are collector pieces, synonymous with rarity with only a handful ever struck and never intended to be used in every-day use.

But what makes Perth Mint ‘proof’ Gold Sovereigns incredibly rare is that over the years in which the Perth Mint was operating as a gold coin producer (1899 – 1931), the mint only struck ‘proof’ sovereigns in three separate years – 1899, 1901 and 1931.

Coinwords_sovereign
Even rarer again, the Perth Mint struck ‘proof’ Gold Half Sovereigns in only two separate years – 1899 and 1901, both of which are unique.

Downie says a single Melbourne investor owns the 1901 Perth Mint Proof Gold Sovereign and the 1901 Perth Mint Proof Gold Half Sovereign.

The pair is unique and was acquired for $450,000 several years ago. Downie is bringing the pair to Perth after the owner agreed to a Coinworks request to display the coins at the show.

But while the Perth Mint commenced striking Australia’s gold coins in 1899, and is still to this day a major gold coin producer, the mint in 1941 diversified its gold coining repertoire, and began striking the nation’s coppers (pennies and halfpennies) at the request of Treasury.

The mint continued to strike copper coins until 1964, two years before Australia converted to decimal currency.

Following the traditions of the Royal Mint London, the Perth Mint struck limited mintage ‘proof’ (presentation) strikings of those coins struck for circulation.

In a tribute to the Perth Mint’s skills Coinworks will also display a selected number of “finest known” Perth Mint rarities out of this “copper coin” era, all of which are limited mintage presentation strikings and which include the 1947 Proof Penny, the 1948 Proof Penny and Proof Halfpenny, the 1950 Proof Penny, the 1952 Proof Penny and the 1953 Proof Penny.

The six proof coins will form part of a dedicated copper coin Perth Mint display prepared by Coinworks, valued in excess of $300,000.

Downie’s comments on the copper coins on display are as follows: “Well preserved proof coins of the Perth Mint are unrivalled for quality. The coins not only display superb levels of detail in their design, but qualities and colours that are simply unmatched by those of the Melbourne Mint. Each coin is a work of art, as individual and as beautiful as an opal. Furthermore they are rare.”

The Perth Mint commenced striking proof coinage as part of a commercial enterprise in 1955 and continued until 1963, before decimal changeover. At the show, Coinworks will display some of the finest examples of coins struck at the Perth Mint between 1955 and 1963, including the very rare 1955 Proof Penny and Halfpenny and the 1956 Proof Penny.

“The proof record pieces of the Perth Mint form an integral part of our currency heritage,” Downie says. “It’s an historical edge and exclusivity that underpins their strong investment performance.”

This article was originally published by Coinworks.

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Mar 032015
 

This month’s new product bulletin presents outstanding collector coins that are certain to impress.

Pride of place on the bulletin front-cover goes to the new Kimberley Sunset Pink Gold Coin, a stunning release featuring an iconic Argyle pink diamond. It’s no exaggeration to say that this coin is a masterpiece!

We know that many of you have been anxiously awaiting the next release from our popular Australia Map Shaped Coin Series. Hopefully the wait has been worth it, for this superb new addition celebrates Australia’s largest bird of prey – the magnificent Wedge-tailed Eagle.

As the nation prepares to commemorate the landing of troops from Australia and New Zealand on the Gallipoli peninsula in 1915, two more very limited releases are available from the five-year ANZAC Spirit Coin Series, both poignantly reflecting sacrifice and remembrance.

Additionally, we’ve created a special 100th anniversary edition of our ANZAC Day $1 Coin Series, appropriately inscribed with the words ‘Lest We Forget’.

For further information about these coins, as well as the Australian Sovereign Gold Proof Coin for 2015, please review this electronic bulletin or visit Recent Releases.

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Dec 172014
 

Not to be missed, this is the final UK Quarter Sovereign to bear the fourth definitive coinage portrait of Her Majesty Queen Elizabeth II.

Struck from 22-carat gold in proof quality, the delightful little coin’s iconic design of St George slaying the dragon is widely recognised as a symbol of strength and continuity that has appeared regularly ever since it was first introduced in 1817.

The coin’s obverse portrait, designed by the renowned sculptor Ian Rank-Broadley FRBS and introduced in 1998, will soon be replaced by a fifth, marking the next chapter in the life of the monarch and Britain’ gold coinage.

No more than 4,600 of these sought-after coins will be issued. Each coin offered by The Perth Mint is housed in a luxurious wooden case accompanied by a numbered Certificate of Authenticity and booklet.

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May 292014
 

Today is the birthday of Benedetto Pistrucci, creator of one of the world’s most highly revered gold coin designs.

Pistrucci

Bust of Benedetto Pistrucci

Born in Italy on 29 May 1783*, Pistrucci moved to England in 1815 where he became Chief Medallist at the Royal Mint.

Under the laws of the day, foreigners were technically ineligible for the top job. However, in the words of the Mint Master, his skills “place him above all competition”.

Pistrucci’s reputation in London soared with the creation of a wax model of St George in the ‘Greek style’ for aristocrats Lord and Lady Spencer.

On joining the Mint, he created designs for Britain’s Great Recoinage of 1816, suggesting St George and the Dragon for the new gold sovereign valued at one pound.

Pistrucci’s design showed St George as a Greek horseman mounted on a Parthenon-style horse slaying a dragon. The new coin made its appearance in 1817 after Britain’s victory at Waterloo.

The result was a masterpiece of numismatic art, a design combining such grace and dramatic impact that it now ranks as one of the best loved and most enduring of all British coin designs.

Australia boasts a connection with his iconic reverse. It was struck millions of times on sovereigns made at the Sydney, Melbourne and Perth Mints before 1931.
Quarter sovereign coinToday’ the British Mint continues to strike the design on magnificent gold coins such as this 2014 Quarter Sovereign struck from 22-carat red gold. Pistrucci would undoubtedly be extremely proud to know his masterpiece still commands such admiration and respect.

(*In the course of our research we found some sources quoting Pistrucci’s date of birth to be 24 May. Others we discovered have the year of birth as 1874, but this is now considered to be incorrect. We apologise if any inaccuracy is reflected in this article).

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Apr 012014
 

WHAT’S NEW – In April we bring you the following new coin releases –

Australian Sovereign 2014 Gold Proof Coin: our customised version of the original Sydney Mint Sovereign is made from the traditional 91.67% pure gold with a spectacular modern-day proof finish.

Centenary of Australian Submarines 2014 1oz Silver Proof Coin & Replica Badge Set: a superb release comprising an Australian coin and enamel badge to celebrate the Royal Australian Navy Submarine Service’s historic milestone.

Land Down Under – Great Barrier Reef 2014 2oz Gold & 5oz Silver Special Editions: large format coins featuring one of Australia’s natural wonders – the incomparable reef bathed in Queensland’s translucent tropical waters.

The Australian Stock Horse 2014 1oz Silver Proof Coin: the second Stock Horse release has a fine pedigree after the phenomenal success of its predecessor.

The Limited Edition Argyle Pink Diamond 1oz Pink Gold & 1oz Platinum Ingots: breathtaking creations featuring handset pink diamonds in 91.67% pure pink gold and 99.95% pure platinum.

Australian Koala 2014 1 Kilo Silver Proof Coin: this giant Koala coin is a wonder to behold!

Australian Kookaburra 2014 1oz Silver Proof High Relief Coin: the Kookaburra coin is a standout!

Mother’s Love – Asian Elephant 2014 1/2oz Silver Proof Coin: the second heart-warming release from this wonderfully loveable new series.

Doctor Who Monsters – Cybermen 2014 1/2oz Silver Proof Coin: beware – another one of Doctor Who’s deadly enemies is here!

Young Collectors Super Powers Series 2014 Invisibility $1 Coin: another mind-boggling release from the series with the power to fire imagination.

Plus: exclusive Sovereign Sets and Baby Keepsake.

Buy Now

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