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1934 Proof Penny

George V

Australia

1934 Proof Penny Reverse1934 Proof Penny Obverse Mintage50Reverse DesignerW. H. J. BlakemoreObverse DesignerSir E. B. MacKennelWeight9.45 gramsSize30.8 mmCountryAustraliaDateMM1934DenominationPennyVarietyGeorge VVariety ExtProofPrefixPRWeight9.45Size30.8EdgePlainFace CurrencyAUDFace Value0.0083Mintage5011301934 Proof PennyCompositionCopper97.0%0.9700000286Zinc2.5%0.0250000004Tin0.5%0.0049999999Copper0.9700000286Zinc0.0250000004Tin0.0049999999Bullion Value5c
The 1934 A coin struck from specially prepared dies to strike a superior quality coin not intended for circulationproofproof penny was issued along side the other 1934 denominations at the request of New Zealand dealer H. G. Williams (Verheyen, T, V, 2009)5Journal
The Australasian Coin and Banknote Magazine - Volume 11, Number 11
Henry George Williams - A Pioneer in the Commercialization of Australian Pre-decimal Proof Coinage
Verheyen, T, V1/1/20091/28/2010 11:00:00 PM36-43
. A total of 50 pieces of each denomination were ordered (Verheyen, T, V, 2009)5Journal
The Australasian Coin and Banknote Magazine - Volume 11, Number 11
Henry George Williams - A Pioneer in the Commercialization of Australian Pre-decimal Proof Coinage
Verheyen, T, V1/1/20091/28/2010 11:00:00 PM36-43
which is believed to be the entire The number of coins struck of a particular designationmintagemintage figure, most of which were sold to American collectors.

The coin is best characterized by an intense mirror finish on the The tails side of the coinreversereverse and a mirror The heads side of the coinobverseobverse finish with a bright, glowing relief though this may be lost to toning. Unlike the 1935 A coin struck from specially prepared dies to strike a superior quality coin not intended for circulationproofproof penny 1935 Proof Penny1132(learn more), the 1934 A coin struck from specially prepared dies to strike a superior quality coin not intended for circulationproofproof penny is rarely found with full original The original golden-red-orange-pink colour of a copper coinmint brilliancemint brilliance and while some attribute this to the distribution method of the coin, an advertisement by New Zealand dealer H. G. Williams for both the 1934 set and 1935 copper pair list the 1935 pairs as having full golden color while no mention of color was made for the 1934 copper suggesting that they were already slightly toned when initially sold. This can also be explained by the advertisement being made in 1935 making the 1934 sets already a year old when they were first marketed possibly allowing time for some toning.

In addition to the mirror finish, the The tails side of the coinreversereverse should be covered in Raised lines on the surface of a coin caused by abrasive polishing of the die that struck itdie polishing striationsdie polishing striations, mostly in up-down and left-right positions though the left-right striations tend to be on a slight angle around the bottom-left of the coin. The The heads side of the coinobverseobverse The open, exposed areas of a coin's designfieldsfields should be covered in very minute Small hairline curls on the surface of a coin caused by circular polishing of the diedie polishing curlsdie polishing curls which give it a slightly more matte finish when compared with the The tails side of the coinreversereverse.

Interestingly, the top of the crown is almost never struck up, sometimes exhibiting a poorly struck orb and almost always with a flat set of vertical pearls. The illustrations below depict the crowns of two A coin struck from specially prepared dies to strike a superior quality coin not intended for circulationproofproof 1934 pennies, the first showing a flat set of vertical pearls, the second showing a flat orb and almost non-existent vertical pearls. This is most likely due to the excess A cylindrical punch with an inverted impression of a coin's design used to strike the coindiedie pressure applied to strike up the The tails side of the coinreversesreverse.

Top of the crown of a pair of 1934 proof penniesTop of the crown of a pair of 1934 proof pennies
Top of the crown of a pair of 1934 proof pennies


One final characteristic of the A coin struck from specially prepared dies to strike a superior quality coin not intended for circulationproofproof strike is the evenly intense strike with bold lettering throughout. This is especially pronounced on the The tails side of the coinreversereverse with an echo of the inner circle apparent just outside of it as in the illustration below due to the intense striking pressure.

Echo of the inner circle on a 1934 proof pennyEcho of the inner circle on a 1934 proof penny
Echo of the inner circle on a 1934 proof penny


The 1934 A coin struck from specially prepared dies to strike a superior quality coin not intended for circulationproofproof penny is one of the toughest 1934 A coin struck from specially prepared dies to strike a superior quality coin not intended for circulationproofproof coins to acquire in top condition, despite the equal The number of coins struck of a particular designationmintagemintage figure due, to the delicate nature of the bronze alloy, many were destroyed to environmental damage.

References

  • Verheyen, T, V, 2009. 'Henry George Williams - A Pioneer in the Commercialization of Australian Pre-decimal Proof Coinage'. The Australasian Coin and Banknote Magazine - Volume 11, Number 11. pp 36-43

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