Australia Elizabeth II Perth Mint 1957 Penny Proof FDC

Mintage 1,112 – scarce in this quality

Although the 1955-63 Collector Proof Coin Program is one of the most prestigious, most exclusive elements of Australian numismatics, there are still accessible options for the collector – such as the Perth Mint’s 1957 Penny Proof!

The third Perth Mint issue of the series, this copper icon was part of a tiny original mintage of just 1,112 – with far less than that meagre figure still in ‘first quality’ due to so many examples suffering exposure to the air and unwanted handling. Your big chance to become a part of this highly desirable series, we have in stock just one example of the Perth Mint’s 1957 Penny Proof. Sharply detailed, and distinguished by blazing orange hues, this superb coin is in FDC condition.

Surprisingly affordable, given the history, quality and undeniable rarity, this highly desirable coin is sure to be snapped up at super speed. Don’t miss your chance – click add to cart now!

 The Heritage of Australia’s Proof Currency

In the modern age, collectors are used to the Royal Australian Mint issuing Proof examples of Australia’s traditional circulating coinage in significant numbers. Every year, thousands of people have the chance to enjoy our beloved, iconic coins, struck to the highest possible quality. This wasn’t always the case…

Traditionally, mints both in Australia and elsewhere around the world struck Proof coinage for very specific reasons – and catering for the broader collector market wasn’t one of those reasons. Proof examples of coins were struck for government institutions, for archival purposes, for institutions such as museums, and to distribute to other mints. As a result, these coins were struck in the tiniest of numbers, with mintages of less than 10 pieces a regular occurrence. As the global collector market began to grow, however, so did pressure to strike Proof coinage in more substantial numbers.

In Australia, there were a few Proof issues for collectors in the pre-WWII era – the 1927 Canberra Florin Proof, for example – but the number struck was still minuscule. In the 1950s, however, Treasury bowed to collector and dealer pressure and sanctioned the striking of Proof coins as part of an ongoing commercial venture. Government insisted on intervening in just one aspect – only those coins being struck by a mint for circulation could be issued as Proofs.

For the Perth Mint, tasked only with producing Australian copper coins, this meant the striking of penny and halfpenny Proofs only. From the launch of the Collector Proof Coin Program in 1955 until its conclusion in 1963, just prior to the changeover to decimal currency, the Perth Mint attained a level of excellence with its Proof coinage that was the equal of any mint in the world.

Magnificent to behold, the coins are glorious. Underpinned by a rich array of orange hues, and notable for the impeccably smooth background fields and highly detailed designs, Perth Mint Proofs rank as some of the finest coins ever produced in Australia. Struck in the tiniest numbers, and with many lost or mishandled in the many decades since issue, Perth Mint Predecimal Proofs also rank among the rarest.

The nation’s very first annual Proof coin series, the Collector Proof Coin Program, forms one of the most important elements of Australia’s currency heritage. This is your chance to be a part of it.