In 1932, a 16-year-old visionary named Phil Downie laid the foundation of what would become aย symbol of trust and passion in the world of collecting. He founded the Palmerston North Stampย Company in New Zealand, inspiring stamp collectors worldwide. But that was just the beginningโฆ
A fresh start in Australia
Relocating to Australia, Phil and his wife Zita opened the Myer Philatelic Bureau in 1939 inย Melbourne's bustling Bourke Street. The bureau flourished under their care, evolving from a stamp-focused venture into a treasure trove of collectables, including rare coins, banknotes and militaria. Downies became a multi-generational family business when Philโs son Ken joined the company inย 1977. Kenโs vision and passion for numismatics created a greater focus on coins, both new and old.
Pioneering numismatic auction house
1963 marked the birth of Downies' auction business, Australiaโs longest running numismatic auctionย house! A groundbreaking venture that transformed the company into Australiaโs go-to numismaticsย hub. Today, Downies Australian Coin Auctions (ACA) is a celebrated name, known for its exciting qualityย auctions that attract enthusiasts both in-person and online. In 2005, Downies was appointed by theย Reserve Bank of Australia to auction its entire collection of rare gold coins, in the most famous sale ofย its kind in Australian numismatic history.
In 1977 Philโs son, Ken Downie, took the helm of the company infusing a fresh energy and vision. Kenย introduced the publication 'Spotlight on Numismatics' in 1984, now known as the revered 'Money'ย magazine. A monthly publication that features everything from the most innovative new coins fromย Australia and around the world, ancient numismatic treasures, and fascinating collectables thisย eagerly awaited publication is a testament to our commitment to numismatic education and history.ย Theyโre even archived by the State Library of Victoriaโฆ
The best online shopping for numismatics and collectables!
Still a family business today, Downies continues to bring treasure hunters a world of fascinatingย collectibles. Browse our newly refreshed website for a safe and thrilling shopping experience -ย discover the very best online collection of coins, subscriptions, banknotes, model cars, books,ย militaria, collectables and more. Whether you are looking for ancient coins, or the latest issues from Australia and the worldโs top mints you will find it right here. Browse our new releases and discover your passion!
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