Lot 192
ex Benchmark Collection. The finest known of this rare variety
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Notes:
- The 1946 Penny, with a mintage of just 363,600, has always been considered a key coin in the Australian penny series, but within this small number there appears to be an extremely rare variety with a 'K.G' mint mark. A possible explanation for its existence is that the 1946 'K.G' penny was the result of experimental dies tested by Melbourne in anticipation that the Perth Mint might be called upon to produce coins for that year. Perth Mint had already been asked to strike its first and only silver coin, the 1946 shilling which was marked with a new '?S' mint mark. The initial 'K.G' mint mark that distinguished a Perth struck penny had been replaced at some point in 1941 by the 'Y.' mark, but the interchanging of mint marks is not uncommon in the Australian series. For example, the established 'Y.' Perth mint mark was replaced by an 'A?' mint mark in 1952 and 1953 before the 'Y.' mark was adopted again on the 1955 Perth Penny. The 1946 'K.G' Penny is undoubtedly Melbourne-struck and should be considered a rare sub-set in the scarce 1946 issue. (Information courtesy of the www.benchmarkcoincatalogue.com)
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