Highly Important Coins & Banknotes - May 2012

6
www.downies.com Downies advises to discuss investment matters with a qualified financial planner or consultant May 2012 I t may have been struck in Brazil, and it may have been issued in the name of the King of Portugal, but you could scarcely conceive of a more important coin in the context of Australian history than the Gold Johanna. Given the highest value of any coin included in Australia’s first official currency system, established by Governor Philip Gidley King in 1800, this large, majestic gold crown is truly ‘the Prize of the Proclamation’. Despite the fact that the Johanna (denomination 12,800 reis) was produced for little more than a decade, this spectacular gold coin was widely accepted as a trade coin and circulated across the globe for many decades – including in the Australian colonies. Comprising nearly one ounce of gold, the Johanna was one of the most important coins in the wild mix of foreign currency utilised in the embryonic colonial economy, and was a natural inclusion in Governor King’s Currency Proclamation. The highest denomination of any coin on the list displayed at the government stores in Sydney and Parramatta in November of 1800, the Gold Johanna was given a value of £4. Highly sought after for its profound beauty and extreme rarity – in part due to extensive re-melting programs in later years – the Gold Johanna’s importance as a component of Australia’s first official currency system has ensured strong ongoing demand in Australia. A stunning opportunity to own a perfectly preserved example of this illustrious, excessively rare Proclamation coin, we have the very last date of the short-lived 1722-32 Gold Johanna Series in stock – in immensely rare Uncirculated quality! Struck at Minas Gerais – the heart of the great Brazilian Gold Rush of 1693 – this superb example has been officially slabbed and graded at MS61 (equivalent to Uncirculated) by Numismatic Guaranty Corporation. Seldom seen in this immaculate state of preservation, the 1732M Gold Johanna offers you the chance to enhance your collection or portfolio with a truly great Australian rarity. The Prize of the Proclamation The Gold Johanna – in strictly Unc quality! Portugal-Brazil 1732M Gold One Johanna (NGC MS61) Slabbed Uncirculated AQ852 $12,950 ated) ty e o n ed CALL (02) 9299 4131 to speak to our Rarities expert David Jobson 1300 789 847 to speak to our VIP Client Liaison Jessica Templeton

description

Downies Highly Important Coins & Banknotes Catalogue - May 2012 Edition

Transcript of Highly Important Coins & Banknotes - May 2012

Page 1: Highly Important Coins & Banknotes - May 2012

Item 37

37 AS262 1932 Florin Very Fine $1,450

Item 38

38 AQ643 1934/35 Centenary Florin Choice Uncirculated $1,100

Item 39

39 AS633 1936 Florin Choice Uncirculated $795

Item 40

40 HD468 1937 Crown Uncirculated $250

Item 41

41 AJ474 1938 Crown about Uncirculated $495

Highly Important Coins & Banknotes Highly Important Coins & Banknotes

Page 6Page 5

www.downies.comwww.downies.comwww.downies.com Downies advises to discuss investment matters with a qualifi ed fi nancial planner or consultant

May 2012

It may have been struck in Brazil, and it may have been issued in the name of the King of Portugal, but you could scarcely conceive of a more important coin in the context of Australian

history than the Gold Johanna. Given the highest value of any coin included in Australia’s first official currency system, established by Governor Philip Gidley King in 1800, this large, majestic gold crown is truly ‘the Prize of the Proclamation’.

Despite the fact that the Johanna (denomination 12,800 reis) was produced for little more than a decade, this spectacular gold coin was widely accepted as a trade coin and circulated across the globe for many decades – including in the Australian colonies. Comprising nearly one ounce of gold, the Johanna was one of the most important coins in the wild mix of foreign currency utilised in the embryonic colonial economy, and was a natural inclusion in Governor King’s Currency Proclamation. The highest denomination of any coin on the list displayed at the government stores in Sydney and Parramatta in November of 1800, the Gold Johanna was given a value of £4.

Highly sought after for its profound beauty and extreme rarity – in part due to extensive re-melting programs in later years – the Gold Johanna’s importance as a component of Australia’s first official currency system has ensured strong ongoing demand in Australia. A stunning opportunity to own a perfectly preserved example of this illustrious, excessively rare Proclamation coin, we have the very last date of the short-lived 1722-32 Gold Johanna Series in stock – in immensely rare Uncirculated quality!

Struck at Minas Gerais – the heart of the great Brazilian Gold Rush of 1693 – this superb example has been officially slabbed and graded at MS61 (equivalent to Uncirculated) by Numismatic Guaranty Corporation. Seldom seen in this immaculate state of preservation, the 1732M Gold Johanna offers you the chance to enhance your collection or portfolio with a truly great Australian rarity.

The Prize of the ProclamationThe Gold Johanna – in strictly Unc quality!

Portugal-Brazil 1732M Gold One Johanna (NGC MS61) Slabbed UncirculatedAQ852 $12,950

1923 Halfpenny about Extremely Fine

AH874 $16,500

ADDRESS: Shop 5, Town Hall Square 464–480 Kent Street, Sydney

TELEPHONE: (02) 9299 4131 Mon–Fri 9am – 5pm Thurs until 6pm, Sat 10am – 3pm

FAX: (02) 9261 4199

EMAIL: [email protected] ©2012 – All rights reserved. Every Downies catalogue is made from paper that is a) obtained from sustainable forests, and b) treated with an environmentally-friendly bleaching process. All items offered are subject to being sold out prior to receipt of order. Coins may be photographed not at actual size. This list cancels all previous direct selling lists. Prices shown are subject to change without notice. Prices may include GST. Please note some coins in this publication are not necessarily shown at actual size.

Item 32

32 AT081 1914H Florin Extremely Fine (NGC XF40) $1,995

Item 33

33 AQ640 1916 Florin about Extremely Fine $450

Item 34

34 AQ849 1919M Florin good Extremely Fine $1,995

Item 35

35 AQ642 1927 Canberra Florin Choice Uncirculated $475

Item 36

36 AT583 1928 Florin good Extremely Fine $495

Item Code Description PriceItem Code Description Price

ated) ty

e

o n

ed

Australia’s key halfpenny date…Immensely rare in this superb quality!

1923 Halfpenny good Very Fine

AK096 $8,950

1922/21 Threepence OverdateVery Good

AM852 $7,900

9

AK

119

As illustrated by the figures above, the 1923 Halfpenny is more than

just a collector acquisition of the highest order. Satisfying all the criteria of a sound rare coin investment – tangible, highly liquid, offering flexibility and steady capital appreciation – this iconic rarity is a lucrative long-term asset, especially in the unusually strong state of preservation seen here. With only a tiny percentage of the known examples in premium grade, the chance to secure the 1923 Halfpenny in good Very Fine represents an important opportunity for collector and investor alike.

Known by no more than 900 examples, the 1922/21 Overdate 3d is

one of the great rarities of the 1910-64 predecimal series. A potent illustration of the powerful potential of predecimal coins, this 90-year-old overdate threepence demonstrates that, where extreme rarity is apparent, the grade is irrelevant. Although the 1922/21 3d is usually found in poor condition, with a shallow strike and high circulation rendering most well worn, Australia’s most desirable overdate type has soared in value in recent times, with a Very Good example jumping from $1,750 to $10,000 since 2002!

And in good Very Fine! Rare in any grade…

1

lity!y!

The rarest, most sought after date in the 1911-64 Halfpenny Series, the 1923 Halfpenny is seldom available to collectors in premium grade. A tremendously rare example, we have the 1923 Halfpenny available in stunning about Extremely Fine!

With the 1923 Halfpenny known by a mere 15,000 examples, it stands to reason that this coin would be scarce across all grades – and extremely rare in the upper echelons of quality. The object of desire of investor and collector alike, the leading light of the 1911-64 Halfpenny Series has been the focus of constant demand in the last decade, with increased competition leading to an escalating market value.

Nowhere has the rise in value been more apparent than in premium condition. If you had acquired this key predecimal type in VF in 1999, you would have paid $1,650, with an EF example setting you back $4,500. Now, with an ongoing scramble for the few high-grade examples on the market, a 1923 Halfpenny in VF catalogues at $4,750, with an EF coin soaring to $18,500! Although elusive, and notwithstanding the jump in value, the 1923 Halfpenny remains within the reach of those looking for a serious investment at a reasonable price.

An exceptional coin, in the seldom seen grade of about Extremely Fine, the one 1923 Halfpenny we have available will be snapped up instantly.

CALL (02) 9299 4131 to speak to our Rarities expert David Jobson 1300 789 847 to speak to our VIP Client Liaison Jessica Templeton

CALL (02) 9299 4131 to speak to our Rarities expert David Jobson 1300 789 847 to speak to our VIP Client Liaison Jessica Templeton

CALL (02) 9299 4131 to speak to our Rarities expert David Jobson 1300 789 847 to speak to our VIP Client Liaison Jessica Templeton

Page 2: Highly Important Coins & Banknotes - May 2012

Page 3 Page 4Page 2

www.downies.comwww.downies.comwww.downies.com

Highly Important Coins & Banknotes Highly Important Coins & Banknotes Highly Important Coins & Banknotes

PROCLAMATION

Item Code Description Price

Item 1

1 AH614 GB 1787 Shilling Extremely Fine $195

Item 2

2 AE780 GB 1787 Sixpence Extremely Fine-about Uncirculated $150

Item 3

3 AQ970 GB 1788 Half Guinea Extremely Fine $1,295

Item 4

4 AR011 GB 1788 Spade Guinea Extremely Fine $1,650

Item 5

5 AR020 GB 1789 Spade Guinea Extremely Fine $1,650

Item 6

6 AR012 GB 1791 Spade Guinea Extremely Fine/about Uncirculated $1,750

Item 7

7 AR022 GB 1793 Spade Guinea Extremely Fine $1,650

Item 8

8 AS785 GB 1797 Cartwheel Penny about Uncirculated $595

Item 9

9 AS803 GB 1797 Cartwheel Twopence good Very Fine $395

Item 10

10 AL258 India 1793 Gold Mohur about Uncirculated $1,495

Item 11

11 AR433 India c/1800 Gold 1 Pagoda Uncirculated $600

Item 12

12 AR434 India c/1800 Gold 2 Pagoda Uncirculated $895

Item 13

13 AS555 Spanish American 1788 Mexico Mint 8 Reales Extremely Fine $495

COMMONWEALTH PREDECIMAL SERIES

Item 14

14 AR759 1919 Halfpenny MS64 Gem Brilliant Uncirculated $995

Item 15

15 AT582 1941 Halfpenny Choice Uncirculated $300

Item 16

16 AT580 1942M Halfpenny Uncirculated $350

Item 17

17 AQ622 1944 Halfpenny Uncirculated $375

Item 18

18 AT579 1946 Penny about Extremely Fine $250

Item 19

19 AQ629 1915 Threepence good Extremely Fine – about Uncirculated $1,500

Item 20

20 AS622 1918M Threepence Choice Uncirculated $1,250

Item 21

21 AS623 1947 Threepence Choice Uncirculated $275

Item 22

22 AP155 1918 Sixpence about Extremely Fine $695

Item 23

23 AS625 1919M Sixpence about Uncirculated-Uncirculated $695

Item 24

24 AQ634 1936 Sixpence Uncirculated $300

Item 25

25 AG955 1953 Sixpence Uncirculated $375

Item 26

26 AS627 1910 Shilling Uncirculated $475

Item 27

27 AS628 1917M Shilling Choice Uncirculated $995

Item 28

28 AT578 1924 Shilling good Very Fine $250

Item 29

29 AS629 1938 Shilling Choice Uncirculated $325

Item 30

30 AS176 1910 Florin w/natural toning Uncirculated $4,100

Item 31

31 AQ848 1911 Florin Extremely Fine-about Uncirculated $3,750

Currency is much more than just a medium of exchange – it provides a rich insight into the history and culture of a people, and represents physical evidence of the development

of a country. Forming a compelling chronicle of Australia’s path to nationhood, the coinage used in this country since the time of Settlement in 1788 is a potent illustration of this phenomenon.

Britain considered its new southern outpost as a giant prison – the perfect place to dump those deemed to have breached the draconian laws of the late 18th and early 19th centuries. With Europe in turmoil, little thought was given to the administration of the new colony, with Britain’s inability to address the obvious need for currency one of many glaring oversights. Rum was the primary medium of exchange, along with largely worthless promissory notes and a grand variety of foreign coins.

Arriving on our shores largely as a result of trade, the coins used in early Australia originated from lands as far-flung as Spain, Portugal, the Netherlands, India and, of course, Britain. Changing hands on the basis of the intrinsic value, it was extremely difficult for people to

determine relative coinage values – until the Currency Proclamation of 1800, that is. Ascribing a putative denomination to each of the most widely circulating coin types of the era, the Proclamation is considered Australia’s first official currency system.

Following an increase in the availability and the quality of British currency after the Great Recoinage of 1817, the 1825 Sterling Act officially made British coins the only form of legal tender to be used in the colony, with British coins circulating in Australia well into the 20th century. Among the most important statements of sovereignty that a country can make, Australia released its first distinctive, uniform national currency in 1910. It may have arrived some ten years after Federation, and it may have been based on the traditional British LSD system – pounds (£), shillings (s) and pence (d) – but Australia’s first coinage constitutes a bold proclamation of our national independence.

The coins before you – representing both our first official currency system and first official ‘national’ currency system – provide powerful, tangible evidence of Australia’s rise from a starving, near-bankrupt penal colony to a thriving, independent nation.

Australia – from penal colony to nation…

Item Code Description Price

Item Code Description Price Item Code Description Price Item Code Description Price

CALL (02) 9299 4131 to speak to our Rarities expert David Jobson 1300 789 847 to speak to our VIP Client Liaison Jessica Templeton

CALL (02) 9299 4131 to speak to our Rarities expert David Jobson 1300 789 847 to speak to our VIP Client Liaison Jessica Templeton

CALL (02) 9299 4131 to speak to our Rarities expert David Jobson 1300 789 847 to speak to our VIP Client Liaison Jessica Templeton

Page 3: Highly Important Coins & Banknotes - May 2012

Page 3 Page 4Page 2

www.downies.comwww.downies.comwww.downies.com

Highly Important Coins & Banknotes Highly Important Coins & Banknotes Highly Important Coins & Banknotes

PROCLAMATION

Item Code Description Price

Item 1

1 AH614 GB 1787 Shilling Extremely Fine $195

Item 2

2 AE780 GB 1787 Sixpence Extremely Fine-about Uncirculated $150

Item 3

3 AQ970 GB 1788 Half Guinea Extremely Fine $1,295

Item 4

4 AR011 GB 1788 Spade Guinea Extremely Fine $1,650

Item 5

5 AR020 GB 1789 Spade Guinea Extremely Fine $1,650

Item 6

6 AR012 GB 1791 Spade Guinea Extremely Fine/about Uncirculated $1,750

Item 7

7 AR022 GB 1793 Spade Guinea Extremely Fine $1,650

Item 8

8 AS785 GB 1797 Cartwheel Penny about Uncirculated $595

Item 9

9 AS803 GB 1797 Cartwheel Twopence good Very Fine $395

Item 10

10 AL258 India 1793 Gold Mohur about Uncirculated $1,495

Item 11

11 AR433 India c/1800 Gold 1 Pagoda Uncirculated $600

Item 12

12 AR434 India c/1800 Gold 2 Pagoda Uncirculated $895

Item 13

13 AS555 Spanish American 1788 Mexico Mint 8 Reales Extremely Fine $495

COMMONWEALTH PREDECIMAL SERIES

Item 14

14 AR759 1919 Halfpenny MS64 Gem Brilliant Uncirculated $995

Item 15

15 AT582 1941 Halfpenny Choice Uncirculated $300

Item 16

16 AT580 1942M Halfpenny Uncirculated $350

Item 17

17 AQ622 1944 Halfpenny Uncirculated $375

Item 18

18 AT579 1946 Penny about Extremely Fine $250

Item 19

19 AQ629 1915 Threepence good Extremely Fine – about Uncirculated $1,500

Item 20

20 AS622 1918M Threepence Choice Uncirculated $1,250

Item 21

21 AS623 1947 Threepence Choice Uncirculated $275

Item 22

22 AP155 1918 Sixpence about Extremely Fine $695

Item 23

23 AS625 1919M Sixpence about Uncirculated-Uncirculated $695

Item 24

24 AQ634 1936 Sixpence Uncirculated $300

Item 25

25 AG955 1953 Sixpence Uncirculated $375

Item 26

26 AS627 1910 Shilling Uncirculated $475

Item 27

27 AS628 1917M Shilling Choice Uncirculated $995

Item 28

28 AT578 1924 Shilling good Very Fine $250

Item 29

29 AS629 1938 Shilling Choice Uncirculated $325

Item 30

30 AS176 1910 Florin w/natural toning Uncirculated $4,100

Item 31

31 AQ848 1911 Florin Extremely Fine-about Uncirculated $3,750

Currency is much more than just a medium of exchange – it provides a rich insight into the history and culture of a people, and represents physical evidence of the development

of a country. Forming a compelling chronicle of Australia’s path to nationhood, the coinage used in this country since the time of Settlement in 1788 is a potent illustration of this phenomenon.

Britain considered its new southern outpost as a giant prison – the perfect place to dump those deemed to have breached the draconian laws of the late 18th and early 19th centuries. With Europe in turmoil, little thought was given to the administration of the new colony, with Britain’s inability to address the obvious need for currency one of many glaring oversights. Rum was the primary medium of exchange, along with largely worthless promissory notes and a grand variety of foreign coins.

Arriving on our shores largely as a result of trade, the coins used in early Australia originated from lands as far-flung as Spain, Portugal, the Netherlands, India and, of course, Britain. Changing hands on the basis of the intrinsic value, it was extremely difficult for people to

determine relative coinage values – until the Currency Proclamation of 1800, that is. Ascribing a putative denomination to each of the most widely circulating coin types of the era, the Proclamation is considered Australia’s first official currency system.

Following an increase in the availability and the quality of British currency after the Great Recoinage of 1817, the 1825 Sterling Act officially made British coins the only form of legal tender to be used in the colony, with British coins circulating in Australia well into the 20th century. Among the most important statements of sovereignty that a country can make, Australia released its first distinctive, uniform national currency in 1910. It may have arrived some ten years after Federation, and it may have been based on the traditional British LSD system – pounds (£), shillings (s) and pence (d) – but Australia’s first coinage constitutes a bold proclamation of our national independence.

The coins before you – representing both our first official currency system and first official ‘national’ currency system – provide powerful, tangible evidence of Australia’s rise from a starving, near-bankrupt penal colony to a thriving, independent nation.

Australia – from penal colony to nation…

Item Code Description Price

Item Code Description Price Item Code Description Price Item Code Description Price

CALL (02) 9299 4131 to speak to our Rarities expert David Jobson 1300 789 847 to speak to our VIP Client Liaison Jessica Templeton

CALL (02) 9299 4131 to speak to our Rarities expert David Jobson 1300 789 847 to speak to our VIP Client Liaison Jessica Templeton

CALL (02) 9299 4131 to speak to our Rarities expert David Jobson 1300 789 847 to speak to our VIP Client Liaison Jessica Templeton

Page 4: Highly Important Coins & Banknotes - May 2012

Page 3 Page 4Page 2

www.downies.comwww.downies.comwww.downies.com

Highly Important Coins & Banknotes Highly Important Coins & Banknotes Highly Important Coins & Banknotes

PROCLAMATION

Item Code Description Price

Item 1

1 AH614 GB 1787 Shilling Extremely Fine $195

Item 2

2 AE780 GB 1787 Sixpence Extremely Fine-about Uncirculated $150

Item 3

3 AQ970 GB 1788 Half Guinea Extremely Fine $1,295

Item 4

4 AR011 GB 1788 Spade Guinea Extremely Fine $1,650

Item 5

5 AR020 GB 1789 Spade Guinea Extremely Fine $1,650

Item 6

6 AR012 GB 1791 Spade Guinea Extremely Fine/about Uncirculated $1,750

Item 7

7 AR022 GB 1793 Spade Guinea Extremely Fine $1,650

Item 8

8 AS785 GB 1797 Cartwheel Penny about Uncirculated $595

Item 9

9 AS803 GB 1797 Cartwheel Twopence good Very Fine $395

Item 10

10 AL258 India 1793 Gold Mohur about Uncirculated $1,495

Item 11

11 AR433 India c/1800 Gold 1 Pagoda Uncirculated $600

Item 12

12 AR434 India c/1800 Gold 2 Pagoda Uncirculated $895

Item 13

13 AS555 Spanish American 1788 Mexico Mint 8 Reales Extremely Fine $495

COMMONWEALTH PREDECIMAL SERIES

Item 14

14 AR759 1919 Halfpenny MS64 Gem Brilliant Uncirculated $995

Item 15

15 AT582 1941 Halfpenny Choice Uncirculated $300

Item 16

16 AT580 1942M Halfpenny Uncirculated $350

Item 17

17 AQ622 1944 Halfpenny Uncirculated $375

Item 18

18 AT579 1946 Penny about Extremely Fine $250

Item 19

19 AQ629 1915 Threepence good Extremely Fine – about Uncirculated $1,500

Item 20

20 AS622 1918M Threepence Choice Uncirculated $1,250

Item 21

21 AS623 1947 Threepence Choice Uncirculated $275

Item 22

22 AP155 1918 Sixpence about Extremely Fine $695

Item 23

23 AS625 1919M Sixpence about Uncirculated-Uncirculated $695

Item 24

24 AQ634 1936 Sixpence Uncirculated $300

Item 25

25 AG955 1953 Sixpence Uncirculated $375

Item 26

26 AS627 1910 Shilling Uncirculated $475

Item 27

27 AS628 1917M Shilling Choice Uncirculated $995

Item 28

28 AT578 1924 Shilling good Very Fine $250

Item 29

29 AS629 1938 Shilling Choice Uncirculated $325

Item 30

30 AS176 1910 Florin w/natural toning Uncirculated $4,100

Item 31

31 AQ848 1911 Florin Extremely Fine-about Uncirculated $3,750

Currency is much more than just a medium of exchange – it provides a rich insight into the history and culture of a people, and represents physical evidence of the development

of a country. Forming a compelling chronicle of Australia’s path to nationhood, the coinage used in this country since the time of Settlement in 1788 is a potent illustration of this phenomenon.

Britain considered its new southern outpost as a giant prison – the perfect place to dump those deemed to have breached the draconian laws of the late 18th and early 19th centuries. With Europe in turmoil, little thought was given to the administration of the new colony, with Britain’s inability to address the obvious need for currency one of many glaring oversights. Rum was the primary medium of exchange, along with largely worthless promissory notes and a grand variety of foreign coins.

Arriving on our shores largely as a result of trade, the coins used in early Australia originated from lands as far-flung as Spain, Portugal, the Netherlands, India and, of course, Britain. Changing hands on the basis of the intrinsic value, it was extremely difficult for people to

determine relative coinage values – until the Currency Proclamation of 1800, that is. Ascribing a putative denomination to each of the most widely circulating coin types of the era, the Proclamation is considered Australia’s first official currency system.

Following an increase in the availability and the quality of British currency after the Great Recoinage of 1817, the 1825 Sterling Act officially made British coins the only form of legal tender to be used in the colony, with British coins circulating in Australia well into the 20th century. Among the most important statements of sovereignty that a country can make, Australia released its first distinctive, uniform national currency in 1910. It may have arrived some ten years after Federation, and it may have been based on the traditional British LSD system – pounds (£), shillings (s) and pence (d) – but Australia’s first coinage constitutes a bold proclamation of our national independence.

The coins before you – representing both our first official currency system and first official ‘national’ currency system – provide powerful, tangible evidence of Australia’s rise from a starving, near-bankrupt penal colony to a thriving, independent nation.

Australia – from penal colony to nation…

Item Code Description Price

Item Code Description Price Item Code Description Price Item Code Description Price

CALL (02) 9299 4131 to speak to our Rarities expert David Jobson 1300 789 847 to speak to our VIP Client Liaison Jessica Templeton

CALL (02) 9299 4131 to speak to our Rarities expert David Jobson 1300 789 847 to speak to our VIP Client Liaison Jessica Templeton

CALL (02) 9299 4131 to speak to our Rarities expert David Jobson 1300 789 847 to speak to our VIP Client Liaison Jessica Templeton

Page 5: Highly Important Coins & Banknotes - May 2012

Item 37

37 AS262 1932 Florin Very Fine $1,450

Item 38

38 AQ643 1934/35 Centenary Florin Choice Uncirculated $1,100

Item 39

39 AS633 1936 Florin Choice Uncirculated $795

Item 40

40 HD468 1937 Crown Uncirculated $250

Item 41

41 AJ474 1938 Crown about Uncirculated $495

Highly Important Coins & Banknotes Highly Important Coins & Banknotes

Page 6Page 5

www.downies.comwww.downies.comwww.downies.com Downies advises to discuss investment matters with a qualifi ed fi nancial planner or consultant

May 2012

It may have been struck in Brazil, and it may have been issued in the name of the King of Portugal, but you could scarcely conceive of a more important coin in the context of Australian

history than the Gold Johanna. Given the highest value of any coin included in Australia’s first official currency system, established by Governor Philip Gidley King in 1800, this large, majestic gold crown is truly ‘the Prize of the Proclamation’.

Despite the fact that the Johanna (denomination 12,800 reis) was produced for little more than a decade, this spectacular gold coin was widely accepted as a trade coin and circulated across the globe for many decades – including in the Australian colonies. Comprising nearly one ounce of gold, the Johanna was one of the most important coins in the wild mix of foreign currency utilised in the embryonic colonial economy, and was a natural inclusion in Governor King’s Currency Proclamation. The highest denomination of any coin on the list displayed at the government stores in Sydney and Parramatta in November of 1800, the Gold Johanna was given a value of £4.

Highly sought after for its profound beauty and extreme rarity – in part due to extensive re-melting programs in later years – the Gold Johanna’s importance as a component of Australia’s first official currency system has ensured strong ongoing demand in Australia. A stunning opportunity to own a perfectly preserved example of this illustrious, excessively rare Proclamation coin, we have the very last date of the short-lived 1722-32 Gold Johanna Series in stock – in immensely rare Uncirculated quality!

Struck at Minas Gerais – the heart of the great Brazilian Gold Rush of 1693 – this superb example has been officially slabbed and graded at MS61 (equivalent to Uncirculated) by Numismatic Guaranty Corporation. Seldom seen in this immaculate state of preservation, the 1732M Gold Johanna offers you the chance to enhance your collection or portfolio with a truly great Australian rarity.

The Prize of the ProclamationThe Gold Johanna – in strictly Unc quality!

Portugal-Brazil 1732M Gold One Johanna (NGC MS61) Slabbed UncirculatedAQ852 $12,950

1923 Halfpenny about Extremely Fine

AH874 $16,500

ADDRESS: Shop 5, Town Hall Square 464–480 Kent Street, Sydney

TELEPHONE: (02) 9299 4131 Mon–Fri 9am – 5pm Thurs until 6pm, Sat 10am – 3pm

FAX: (02) 9261 4199

EMAIL: [email protected] ©2012 – All rights reserved. Every Downies catalogue is made from paper that is a) obtained from sustainable forests, and b) treated with an environmentally-friendly bleaching process. All items offered are subject to being sold out prior to receipt of order. Coins may be photographed not at actual size. This list cancels all previous direct selling lists. Prices shown are subject to change without notice. Prices may include GST. Please note some coins in this publication are not necessarily shown at actual size.

Item 32

32 AT081 1914H Florin Extremely Fine (NGC XF40) $1,995

Item 33

33 AQ640 1916 Florin about Extremely Fine $450

Item 34

34 AQ849 1919M Florin good Extremely Fine $1,995

Item 35

35 AQ642 1927 Canberra Florin Choice Uncirculated $475

Item 36

36 AT583 1928 Florin good Extremely Fine $495

Item Code Description PriceItem Code Description Price

ated) ty

e

o n

ed

Australia’s key halfpenny date…Immensely rare in this superb quality!

1923 Halfpenny good Very Fine

AK096 $8,950

1922/21 Threepence OverdateVery Good

AM852 $7,900

9

AK

119

As illustrated by the figures above, the 1923 Halfpenny is more than

just a collector acquisition of the highest order. Satisfying all the criteria of a sound rare coin investment – tangible, highly liquid, offering flexibility and steady capital appreciation – this iconic rarity is a lucrative long-term asset, especially in the unusually strong state of preservation seen here. With only a tiny percentage of the known examples in premium grade, the chance to secure the 1923 Halfpenny in good Very Fine represents an important opportunity for collector and investor alike.

Known by no more than 900 examples, the 1922/21 Overdate 3d is

one of the great rarities of the 1910-64 predecimal series. A potent illustration of the powerful potential of predecimal coins, this 90-year-old overdate threepence demonstrates that, where extreme rarity is apparent, the grade is irrelevant. Although the 1922/21 3d is usually found in poor condition, with a shallow strike and high circulation rendering most well worn, Australia’s most desirable overdate type has soared in value in recent times, with a Very Good example jumping from $1,750 to $10,000 since 2002!

And in good Very Fine! Rare in any grade…

1

lity!y!

The rarest, most sought after date in the 1911-64 Halfpenny Series, the 1923 Halfpenny is seldom available to collectors in premium grade. A tremendously rare example, we have the 1923 Halfpenny available in stunning about Extremely Fine!

With the 1923 Halfpenny known by a mere 15,000 examples, it stands to reason that this coin would be scarce across all grades – and extremely rare in the upper echelons of quality. The object of desire of investor and collector alike, the leading light of the 1911-64 Halfpenny Series has been the focus of constant demand in the last decade, with increased competition leading to an escalating market value.

Nowhere has the rise in value been more apparent than in premium condition. If you had acquired this key predecimal type in VF in 1999, you would have paid $1,650, with an EF example setting you back $4,500. Now, with an ongoing scramble for the few high-grade examples on the market, a 1923 Halfpenny in VF catalogues at $4,750, with an EF coin soaring to $18,500! Although elusive, and notwithstanding the jump in value, the 1923 Halfpenny remains within the reach of those looking for a serious investment at a reasonable price.

An exceptional coin, in the seldom seen grade of about Extremely Fine, the one 1923 Halfpenny we have available will be snapped up instantly.

CALL (02) 9299 4131 to speak to our Rarities expert David Jobson 1300 789 847 to speak to our VIP Client Liaison Jessica Templeton

CALL (02) 9299 4131 to speak to our Rarities expert David Jobson 1300 789 847 to speak to our VIP Client Liaison Jessica Templeton

CALL (02) 9299 4131 to speak to our Rarities expert David Jobson 1300 789 847 to speak to our VIP Client Liaison Jessica Templeton

Page 6: Highly Important Coins & Banknotes - May 2012

Item 37

37 AS262 1932 Florin Very Fine $1,450

Item 38

38 AQ643 1934/35 Centenary Florin Choice Uncirculated $1,100

Item 39

39 AS633 1936 Florin Choice Uncirculated $795

Item 40

40 HD468 1937 Crown Uncirculated $250

Item 41

41 AJ474 1938 Crown about Uncirculated $495

Highly Important Coins & Banknotes Highly Important Coins & Banknotes

Page 6Page 5

www.downies.comwww.downies.comwww.downies.com Downies advises to discuss investment matters with a qualifi ed fi nancial planner or consultant

May 2012

It may have been struck in Brazil, and it may have been issued in the name of the King of Portugal, but you could scarcely conceive of a more important coin in the context of Australian

history than the Gold Johanna. Given the highest value of any coin included in Australia’s first official currency system, established by Governor Philip Gidley King in 1800, this large, majestic gold crown is truly ‘the Prize of the Proclamation’.

Despite the fact that the Johanna (denomination 12,800 reis) was produced for little more than a decade, this spectacular gold coin was widely accepted as a trade coin and circulated across the globe for many decades – including in the Australian colonies. Comprising nearly one ounce of gold, the Johanna was one of the most important coins in the wild mix of foreign currency utilised in the embryonic colonial economy, and was a natural inclusion in Governor King’s Currency Proclamation. The highest denomination of any coin on the list displayed at the government stores in Sydney and Parramatta in November of 1800, the Gold Johanna was given a value of £4.

Highly sought after for its profound beauty and extreme rarity – in part due to extensive re-melting programs in later years – the Gold Johanna’s importance as a component of Australia’s first official currency system has ensured strong ongoing demand in Australia. A stunning opportunity to own a perfectly preserved example of this illustrious, excessively rare Proclamation coin, we have the very last date of the short-lived 1722-32 Gold Johanna Series in stock – in immensely rare Uncirculated quality!

Struck at Minas Gerais – the heart of the great Brazilian Gold Rush of 1693 – this superb example has been officially slabbed and graded at MS61 (equivalent to Uncirculated) by Numismatic Guaranty Corporation. Seldom seen in this immaculate state of preservation, the 1732M Gold Johanna offers you the chance to enhance your collection or portfolio with a truly great Australian rarity.

The Prize of the ProclamationThe Gold Johanna – in strictly Unc quality!

Portugal-Brazil 1732M Gold One Johanna (NGC MS61) Slabbed UncirculatedAQ852 $12,950

1923 Halfpenny about Extremely Fine

AH874 $16,500

ADDRESS: Shop 5, Town Hall Square 464–480 Kent Street, Sydney

TELEPHONE: (02) 9299 4131 Mon–Fri 9am – 5pm Thurs until 6pm, Sat 10am – 3pm

FAX: (02) 9261 4199

EMAIL: [email protected] ©2012 – All rights reserved. Every Downies catalogue is made from paper that is a) obtained from sustainable forests, and b) treated with an environmentally-friendly bleaching process. All items offered are subject to being sold out prior to receipt of order. Coins may be photographed not at actual size. This list cancels all previous direct selling lists. Prices shown are subject to change without notice. Prices may include GST. Please note some coins in this publication are not necessarily shown at actual size.

Item 32

32 AT081 1914H Florin Extremely Fine (NGC XF40) $1,995

Item 33

33 AQ640 1916 Florin about Extremely Fine $450

Item 34

34 AQ849 1919M Florin good Extremely Fine $1,995

Item 35

35 AQ642 1927 Canberra Florin Choice Uncirculated $475

Item 36

36 AT583 1928 Florin good Extremely Fine $495

Item Code Description PriceItem Code Description Price

ated) ty

e

o n

ed

Australia’s key halfpenny date…Immensely rare in this superb quality!

1923 Halfpenny good Very Fine

AK096 $8,950

1922/21 Threepence OverdateVery Good

AM852 $7,900

9

AK

119

As illustrated by the figures above, the 1923 Halfpenny is more than

just a collector acquisition of the highest order. Satisfying all the criteria of a sound rare coin investment – tangible, highly liquid, offering flexibility and steady capital appreciation – this iconic rarity is a lucrative long-term asset, especially in the unusually strong state of preservation seen here. With only a tiny percentage of the known examples in premium grade, the chance to secure the 1923 Halfpenny in good Very Fine represents an important opportunity for collector and investor alike.

Known by no more than 900 examples, the 1922/21 Overdate 3d is

one of the great rarities of the 1910-64 predecimal series. A potent illustration of the powerful potential of predecimal coins, this 90-year-old overdate threepence demonstrates that, where extreme rarity is apparent, the grade is irrelevant. Although the 1922/21 3d is usually found in poor condition, with a shallow strike and high circulation rendering most well worn, Australia’s most desirable overdate type has soared in value in recent times, with a Very Good example jumping from $1,750 to $10,000 since 2002!

And in good Very Fine! Rare in any grade…

1

lity!y!

The rarest, most sought after date in the 1911-64 Halfpenny Series, the 1923 Halfpenny is seldom available to collectors in premium grade. A tremendously rare example, we have the 1923 Halfpenny available in stunning about Extremely Fine!

With the 1923 Halfpenny known by a mere 15,000 examples, it stands to reason that this coin would be scarce across all grades – and extremely rare in the upper echelons of quality. The object of desire of investor and collector alike, the leading light of the 1911-64 Halfpenny Series has been the focus of constant demand in the last decade, with increased competition leading to an escalating market value.

Nowhere has the rise in value been more apparent than in premium condition. If you had acquired this key predecimal type in VF in 1999, you would have paid $1,650, with an EF example setting you back $4,500. Now, with an ongoing scramble for the few high-grade examples on the market, a 1923 Halfpenny in VF catalogues at $4,750, with an EF coin soaring to $18,500! Although elusive, and notwithstanding the jump in value, the 1923 Halfpenny remains within the reach of those looking for a serious investment at a reasonable price.

An exceptional coin, in the seldom seen grade of about Extremely Fine, the one 1923 Halfpenny we have available will be snapped up instantly.

CALL (02) 9299 4131 to speak to our Rarities expert David Jobson 1300 789 847 to speak to our VIP Client Liaison Jessica Templeton

CALL (02) 9299 4131 to speak to our Rarities expert David Jobson 1300 789 847 to speak to our VIP Client Liaison Jessica Templeton

CALL (02) 9299 4131 to speak to our Rarities expert David Jobson 1300 789 847 to speak to our VIP Client Liaison Jessica Templeton