Lot 134
Ex 'Benchmark' Collection. Rare Variety
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Literature:
- 355 Medium:
- Collectibles Circa:
- Coins, Monies & Stamps 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 'K.G' mint mark had been used in 1940 and 1941 to distinguish pennies struck at the Perth Mint on dies supplied by the Melbourne Mint but had been replaced at some point in 1941 by the 'Y.' mark. However the interchanging of mint marks is not uncommon in the Australian series. For example, the '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.
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