Downies News

1919-1921 Square Kookaburra Patterns

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Some coins are rare, some are beautiful and some are historic. Some coins, such as the 1919-1921 Square Kookaburra Patterns, unite all three qualities. Genuine artefacts of one of the most fascinating chapters in the story of Australian numismatics, these important post-WWI Pattern issues today rank among Australia’s highest profile rarities.

At the behest of the Commonwealth Government, the Melbourne Mint struck approximately 200 prototype kookaburra pennies and halfpennies over the course of 1919, 1920 and 1921. Whilst this project sprang from an initiative to find a lighter, more durable alternative to the bulky copper penny and halfpenny types inherited from Great Britain, the creation of the Kookaburra Square Patterns was also an expression of Australia’s developing national identity in the post WWI-era.

Representing a potentially radical change to Australia’s circulating currency of the time, the 1919-21 Kookaburra Patterns were all square, and virtually all struck from cupro-nickel. Ahead of their time, the choice of this alloy pre-empted the use of cupro-nickel in Australian circulating currency by nearly 50 years. Australia’s first coins crafted from cupro-nickel would not be issued until the introduction of decimal currency in 1966.

Of the total mintage of 200 Pattern coins, most were distributed to Government officials, dignitaries and VIPs for assessment. With a distinctive shape, and decidedly lighter than the incumbent coins – the Square Pennies, for example, weighed between 3.79g and 4.03g compared to the 9.45g copper penny – the concept seems to have been met with some approval. Indeed, it was announced in a range of newspapers in April 1920 that the launch of the new coinage was imminent.

Unfortunately, the man behind the scheme, Treasurer William Watt, became entangled in a dispute with the notoriously difficult Billy Hughes, Nationalist Party leader and the then Prime Minister. Along with concerns about the use of the new coins in vending machines, it was the resignation of the Commonwealth Treasurer that ensured the demise of the Square Pattern project.

The planned Square Kookaburra coinage was consigned to the pages of history – only for the rare Patterns to rise like a phoenix from the ashes to rank among the most valuable and heavily pursued pieces in the history of Australian coinage.

If you are interested in securing one of the immensely rare 1919-1921 Kookaburra Square Patterns – or any other Australian rarity – then feel free to contact us.

Day 1 at the Melbourne 2017 FIAP International Stamp Exhibition

Day one of the 2017 International Stamp Exhibition proved to be one of the busiest mornings I’ve seen at a trade show in quite some time. From the moment, the doors opened hordes of enthusiasts flocked to the Australia Post pop up shop to secure their Day One souvenir products.

Once everyone began to settle into the show we found that quite a few attendees were very keen to have their collections appraised and some were quite surprised with just how much their little old bread tin filled with old coins was truly worth!

International Coin ExhibitionDownies Numismatist, Steve Kirby was run off his feet with a fantastic array of old and new coins being consigned for our upcoming July Auction.

Gilded 1932 Penny

The Gilded 1932 Penny which celebrates the 85th Anniversary of Downies Coins was another unexpected pleasant surprise for our customers who made a purchase today. The only way to secure one of these beautiful coins is by making a purchase at one of the upcoming trade shows. These coins will not be available anywhere else so make sure you drop in and say hello!

 

Contributed by Matthew Thompson (Downies Staff)

History of Sydney Harbour Bridge in numbers!

final2_SHB1,400 – the number of men it took to construct the Bridge

8 – the numbers of years it took to build the Bridge

122,000 – the cubic metres of rock excavated for the foundations

6,000,000 & 53,000 – hand-driven rivets and tonnes of steel used in construction respectively

272,000 – the litres of paint required for the initial three coats!

96 – the number of locomotives positioned in various ways to test the load capacity of the Bridge before declared safe

£6.25m – the cost of the construction. The equivalent of A$492,250,000 today, it took 56 years for this amount to be paid off!

1,149m – the length of the Bridge, making it the sixth longest long-span bridge in the world

134m – the height of the Bridge from the top of the arch to the water level, making it the tallest long-span bridge in the world

48.8m – the width of the Bridge – the widest steel span arch bridge until 2012

11,000 & 160,000 – the approximate average daily traffic in 1932 and 2017

85 – the number of years since officially opened on March 19, 1932

Today, the Bridge stands as one of Australia’s foremost landmarks – an instantly recognised symbol of our nation. To mark the 85th anniversary of this iconic structure on March 19, new Gold & Silver Proofs have been issued!

Gold & Silver Proof

To know more or to place an order please CLICK HERE.

New and exciting range of historical Ancient Greek & Roman Coin Books available now at our Downies Southgate store

Downies Southgate Melbourne Store has just received a new and wide range of Ancient Greek and Roman Coin and Historical Books in-store - all at competitive prices! The range of these books covers the entire period of Ancient Greek and Roman History from Alexander the Great through to the last emperors of the Roman Empire. These books are written by well-known world experts in the field including:

  • David Sears: Royal Coins and their values
  • Wayne G Sayles: Ancient Coin Collecting
  • David L. Vagi: Coinage and History of the Roman Empire
  • William E. Metcalf: The Oxford handbook of Greek & Roman Coinage

To compliment the books, Downies Southgate has a good range of Ancient Greek and Roman Coins in stock, and is currently giving customers a 10% discount on each coin purchased.

Ancient Coin Book Display

Whether you are a beginner or an advanced collector, Downies Southgate can help you with building up your interest, enjoyment and knowledge with Ancient Greek and Roman Books in-store now.

Downies Southgate Store is open 6 days a week
Monday to Thursday 9.30am – 5pm
Friday 9.30am – 6pm
Saturday 10am – 3.30pm

New and exciting range of historical Ancient Greek & Roman Coin Books available now at our Downies Southgate store

Downies Southgate Melbourne Store has just received a new and wide range of Ancient Greek and Roman Coin and Historical Books in-store - all at competitive prices! The range of these books covers the entire period of Ancient Greek and Roman History from Alexander the Great through to the last emperors of the Roman Empire.

Read more

Perth ANDA Money Expo Appointments Available!

Presented by the Australasian Numismatics Dealers Association (ANDA), and sure to attract dealers, collectors and investors from right across Australia, the Perth Money Expo will be held at the Domain Stadium, Subiaco on February 11 & 12.

Highlighted by the presence of the Perth Mint, along with 15+ dealers, large crowds are expected to attend the Perth Money Expo this year. Downies will be at Western Australia’s premier numismatic festival, of course, with our Numismatist Steve Kirby.

Steves-photo

Steve will be available at the Downies Stand from 10am to the end of each day.

Assisting with your personal coin and banknote needs, as well as helping with all rarities enquiries, Steve’s services also include:

  • Buying and selling coins, gold and silver bullion and other collectables
  • Free appraisals of your treasured collectables
  • Specialist advice on all aspects of your collection
  • Auction services – appraisals, consignments, and selling

Please call us on (03) 9686 8411 or email skirby@downies.com to arrange an appointment while he is visiting WA and the Money Expo – but hurry!

There are a limited number of appointments available.

We hope to see you at the Perth Money Expo!

Downies – inspiring collectors for 85 years

Founded by Phil Downie in 1932, during the depths of the Great Depression, Downies celebrates its 85th anniversary in 2017. Here are just a few of the key highlights on our long journey to become the undisputed leader in Australian coins and banknotes.

YoungPhilage16
Young Phil in 1932

1932 – The beginning…

A young man with a big dream, 16-year-old Phil Downie established the Palmerston North Stamp Company in New Zealand. Within a short space of time, the business grew enormously, and was helping leading stamp collectors across the world achieve their goals.

1939 – Foundations for the future

After moving to Australia in 1938, Phil opened the Myer Philatelic Bureau in 1939. He and his wife Zita ran the bureau at the famed Myer store in Bourke Street, Melbourne. When Phil stepped up to serve the nation in the Australian Army during the Second World War, Zita did what many women of the era had to do – she stepped out of the shadows and ran the bureau single-handedly.

With a strong foundation having thus been established, Phil and Zita’s fledging philatelic business quickly grew to become an Australian industry leader. From stamps, the Downies business eventually expanded into all fields of collectables, including coins and banknotes.


Myer Philatelic Bureau October 1955
Philatelic Bureau October 1955

1963 – An auction venture
The 1960s was a time bristling with opportunities, and, in 1963, Phil took the bull by the horns and launched his auction business. It proved to be an unmitigated success. The first public sale of stamps and coins was held at Amethyst Hall in Melbourne, and attracted around fifty bidders. From these humble beginnings, Phil’s auction venture expanded rapidly.

Known today as Downies Australian Coin Auctions (ACA), Downies auction department attracts hundreds of participants to its regular public sales, with collectors attending in person, or bidding online or by post. Australia’s oldest numismatic auction house, Downies ACA will celebrate its 55th anniversary in 2018.


1977 – The next generation

Young Ken with Phil 1986 at ACA Sale #200
Young Ken with Phil 1986 at our ACA Sale No. 200

Phil’s son, Ken joined the company in 1977. Ken’s vision and passion for numismatics created a greater focus on coins and banknotes – both new and old – and the company moved from strength to strength.


1984 – Downies in print

Money Cover May 1990
Money Cover May 1990

In 1984, Ken introduced the journal Spotlight on Numismatics. In 1990, this became Money, a magazine which is still in print today. For nearly four decades, Downies has provided a full mailorder service through a variety of general and specialist publications, bringing its clients a wide array of products. Today, customers are able to place their order by phone, fax, mail and email.


1991 – Retail – the personal touch

Retail
Our Southgate store in Melbourne

Downies launched retail outlets in Sydney and Melbourne in 1991 and 1994 respectively. This enabled the company to bring an extensive array of items to collectors, and helped to share Downies love of coins with the widest possible audience.

Downies ‘personal touch’ also extends to the major Money Expo coin & banknote shows held across Australia. Ken often attends, and continues to share his love of coins and banknotes with numismatic enthusiasts, both young and old.


1998 – Moving Online

Downies Website
Downies Website

In March 1998, Downies launched its website, www.downies.com. Helping to pioneer online services for collectors, downies.com features a vast array of exciting numismatic and other material, including all the latest releases from Australia and around the globe.


RBA Cover
RBA Cover

2005 & 2015 – ‘The auction house of choice…’

A major highlight in the company’s long history, Downies Australian Coin Auctions was chosen to host the Auction of the Gold Coins of the Reserve Bank of Australia – arguably the most exciting, most prestigious sale in the history of Australian numismatics. Downies was selected in 2015 to disperse the Royal Australian Mint’s Master Collection – an assemblage of utterly unique ‘production standard master’ coins, used to ensure the highest quality in the creation of Australia’s coinage.


2012 & 2015 – Continuing to grow…

Downies continues to expand, and, in a bid to accommodate our ever-growing workforce, we established spacious new headquarters in Melbourne’s east in 2012. Likewise, the growing nature of our retail business meant that we needed to find new premises for our Melbourne store. The perfect setting, our Melbourne retail outlet moved to Southbank in 2015 – one of the city’s most important shopping precincts.

 

Today and tomorrow – a global powerhouse

Downies proud history continues, with a third generation of the family having now entered the business. Australia’s largest coin and collectables dealer, we are also the world’s largest distributor of numismatic products for the Royal Australian Mint and Perth Mint.

Downies is the official representative in Australia for many international mints, including Britain’s Royal Mint, the Royal Canadian Mint, the Austrian Mint and the Mint of Japan.

We continue to work hard to cater for the needs of our customers. So whether you are buying a coin for a child’s birthday or sourcing an exclusive Australian rarity, we offer the same care and attention that Phil Downie did back when the company started in 1932.

Although we are proud to have achieved this major 85th anniversary milestone, we will never rest on our laurels. Indeed, Downies 85th anniversary celebrations will see us reaffirm our long-term commitment to providing the best range, service and value in the industry. We hope you will join us in the celebrations!

 

Day 7 - Narrabri to Tamworth

Just an update on the strut...Mike (from Kar 1996, which had been totalled the previous day) arrived a little after 10pm (direct from Dubbo Hospital after breaking his hand in the accident) with our new strut. It was after midnight last night when Dion from Kar 0157 and John from Kar 2009 finished working on our Kar. We can never express our gratitude enough for these guys.

Heading off this morning from Narrabri Heading off this morning from Narrabri

After a pretty good day rallying yesterday, the results posted showed we came 10th for the day and are at 14th overall. They also start a repechage competition from today that is for everyone who at this stage of the rally is not in the top 10. We are equal 6th in the repechage scoring system after the first day.

So this morning we were back on the road ready to rally. A Class 1 for 105km got us started. We think we ended up a minute slow on this one. This was closely followed by another Class 1 of 114km with much the same result.

Lunch today was in the town of Manilla and a solid afternoon of rallying followed. We began with a 96km Class 3 where we again think we were a minute slow and likewise for the 55km Class 4 to finish the day.

We drove through some beautiful countryside but unfortunately we don't really get to appreciate it or stop and take a photo or anything. We had a lot of shire roads today which meant a lot of oncoming traffic. Some of the locals come out to watch us all go past and wave at us, sometimes even stopping you to make a donation. Others just see us in a negative light and really don't want us to be there. There were a couple more Kars lost today either through accidents or mechanical issues and again we were grateful nobody was seriously hurt.

At Limbri approaching Tamworth At Limbri approaching Tamworth

The stages today were so different and had so many different issues to contend with - roadworks, graders, wandering livestock and so many grids and causeways - they all present different challenges.

And so tonight in Tamworth. Some awards were given out tonight. The most notable was the Kraziest Krew which went to Kar 27. These are the boys of Teletubbies fame from the first day. They have had a different theme of costume every day of the rally and kept us entertained with their antics!

The rallytives at dinner tonight raised over $2,000 for one of the drivers to shave off his beard so he could afford to come to next year's rally! So they shaved off one side of his beard and the opposite side of his head! Their logic is that if he finishes the rally tomorrow, they will complete the job...I do hope for his sake he finishes!

The beard/hair cut! The beard/hair cut!

Watch a video of the shave for charity here

So tomorrow is our final day. We have no scores for today as they like to keep them secret until the final dinner tomorrow night. So off to Taree in the morning...goodnight!

Day 5 - Rest Day and Day 6 - Dubbo to Narrabri

Day 5

Before I get on to the days rallying, I should explain why there was no blog post for yesterday - it was our rest day! We usually have a rest day mid rally to allow people to have a break and attend to things like getting their Kars fixed and doing their laundry and well...just having a break! Of course we had pre-ordered two tyres (from two different places) so they had to be picked up and also needed to try to find a rim to replace the one destroyed the previous day. So, we picked up the tyres, found a replacement rim, washed the Kar, unpacked all our stuff from the gear truck, repacked, made up 100 gift bags for the children at the school we would be visiting in Baradine...and that was just the morning! We all gathered for wonderful lunch hosted by Kar 2 at their workplace.

On return to our motel, we reloaded what we didn't need on to the gear truck and filled the Kar ready for an early start. Traditionally our rest day finishes with a fancy dress dinner which this year had the theme "hats and wigs". There were certainly some sights to behold! The auctioneer had also travelled to Dubbo to auction off some more items to raise even more money for the Kidney Kids - a total of $15,000 was raised from the auction which was a great result. There was also a raffle conducted by our Ambo, Phil Hoey which raised even more money, but the raffle prize was 3 x $4,000 to go towards the winners fundraising for next year. Phil works really hard all year raising funds for Kidney Health and donates that money back via the winners of his raffle. He was also presented with a special 'Operation Angel' Award from Kidney Health Australia for his dedication to the cause for over 20 years. Congratulations Phil!

Day 6

We had an earlier than usual start today with 4 stages ahead of us. The first was a Class 2 (ave 80kmh) of 111km. Once again, lots of grids, humps and gutters. The funniest site of the day was a cow by the side of the road on our side of the fence...I picked up the radio to announce that there was a cow on the road but just as I started to speak, the cow jumped back over the fence into the paddock! I never knew they could jump so high!

I thought Ken was driving a little more cautiously than normal and we came in 3 minutes late. But as it turned out, everyone must have been the same as we ended up being 1 minute early. (We only lost 1 point instead of the 3 we had expected). A short transport took us to the second stage - a massive 132km Class 1. Some very rough causeways on this one but we managed to come through one minute early. We then drove into Baradine where the Central School put on a wonderful lunch for us and we gave out some goodies to the 100 kids that attend there.

Then to Stage 3 - a 96km Class 2 through the Pilliga - more of the same with some creeks thrown in for good measure. Once again, we estimated a 3 minute late penalty, but ended up being 1 minute early again!

Some Kars weren't lucky today... Some Kars weren't lucky today...

A very short transport took us to our final stage for the day. Because of some grading work that was being done on the planned route, it was shortened to a Class 3, 50km stage through the Pilliga scrub. About 5km from the end, we hit a hole and we hit it hard. We could smell rubber but a quick check of the tyres seemed fine, so we soldiered on and managed to finish the stage 1 minute early (we thought) but turned out to be even. When we arrived at control, they could smell the rubber too, but we thought it best to try to get into Narrabri. On arrival at Admin, we realised the front wheel was at a funny angle.  A couple of our fellow rallytives had a look at the Kar and told us the bad news...we had bent one of the front struts so it now resembled a banana and hence the tyre rubbing against it was the rubber we could smell. A quick ring around Narrabri to get the part proved unsuccessful, but once again a fellow rallytive from Kar .05 contacted a mate who was driving up from Dubbo this evening to pick up the part we needed. So as I write this, the damaged strut has been removed and the Kar is sitting up on a jack waiting for the part to arrive in the next 10 minutes or so. Once again, our friend from Kar 0517 is here to help, this time, late at night to help put the new strut in so we can continue rallying tomorrow. Seriously, these people are absolute legends!

IMG_4102 Bent front strut!

Day 4 - West Wyalong to Dubbo

Well it was a good day relatively speaking...there were some major changes to the routes we were taking so it was a bit of late preparation for the navigators to change the directions in their road books. The first rally was changed from a Class 3 to a Class 2 as they had to re-route us around a particularly difficult part of the stage, again because of the risk of getting bogged, but 105km later we managed to come through unscathed and in perfect time! A welcome pause in Condobolin for a pit stop and we were onto the next stage - this one a 125km Class 3 - presented us with some challenges like fallen trees, deep gutters and rocky sections but we managed to nail it, albeit 2 minutes early.

IMG_4092 Lunch at the Rabbit Trap Hotel!

A lovely lunch and fuel stop in Albert at the Rabbit Trap Hotel and we were off on what was to be our final stage for the day (the last planned stage was cancelled). This section had been again downgraded from a Class 2 to a Class 1 of 100km with some major changes to the route. We were humming along beautifully and then, 2kms from the end, when we had slowed down to prevent being too early, we hit a concrete causeway, which we hadn't seen as the edge was camouflaged with water. It was a big hit and we knew we had done some damage, but we were determined to make it to Control 2km down the road. They heard us coming...

Anyway, we made it and then pulled over to check the damage. One tyre, beyond repair but worse, the alloy rim...you could see exactly where we had hit that causeway! Thanks once again to Dion from 0517 for his help changing the tyre on some pretty soft ground - this man manages to fit every piece of equipment you could possibly need on a rally into the boot of his Kar and is always there to help - we are most grateful. Fortunately, we had already organised in advance to pick up two new tyres in Dubbo, so now we will have to look for a rim as well! But the good news was we totally nailed the stage once again in perfect time!

The dust creates eerie scenes on the road The dust creates eerie scenes on the road

There were certainly some challenges on Day 4 - driving down tracks that were so tight with trees on either side as well as saplings in the middle of the road that you couldn't avoid as there was nowhere to go, some turns that were incredibly tight, lots of water, lots of mud and massively deep gutters - gotta love it! But we will freely admit, we are looking forward to our rest day tomorrow!

So 7th for the day and 16th overall - we don't think we are doing too badly at all!

IMG_4094 Best presented Kar for 2015 (ours) next to the 2016 awardee. Just needs a clean!

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