Q ualit y C o in s an d B an k n o t e s
March 2009
A Golden Rarity
The 1911 George V Sydney Mint Gold Proof Half Sovereign Nowhere does the perfect blend of artistry and rarity come together to create some of the world’s most prized gold coins, than that of Australia’s Gold Half Sovereign Proofs
See page 3 for more details Inside this issue: Investors: Rare Half Sovereigns, Rare Pre Decimal Silver Coins, Rare Pre Federation Notes, Rare Pre Decimal Banknotes. Collectors: Scarce Proclamation Coinage, Scarce Oriental Banknotes and Australian Mint Issues
How To Contact Us We provide our clients with seven simple contact options:
Office and Showroom: Visit our offices and showrooms located in Albany or Perth or arrange an appointment at our Melbourne or Sydney offices. (See back of catalogue for details.)
Personal Consultation: We have consultants available to meet with you in our Perth, Albany, Melbourne and Sydney premises. Alternatively, you can arrange for a consultant to visit your home, office or a place of your choosing.
Online:
www.rarecoin.com.au Visit us online 24 hrs a day, 7 days a week.
Mail: Complete the enclosed mail order form and post it to us at: The Rare Coin Company PO Box 829 Albany WA 6331
Phone:
Freecall 1800 641 633 (Aust. only) Orders taken from 9am to 5pm WA daylight savings time, Monday to Friday.
Fax:
(08) 9842 6273 (Mail Order Direct)
Complete the enclosed mail order form and fax it to the number shown above.
Email:
enquiries@rarecoin.com.au Send your enquiry or order to the email address shown above.
I
t’s encouraging to see that demand for quality coins and banknotes is continuing to hold up strong, if the response to our February edition of Essentially Money is anything to judge by. Interest expressed in super rarities such as the 1924 Cerutty Collins Issued One Hundred Pound Note at $310,000 demonstrates that buyer confidence and stability in Australia’s rare coin and banknote market is buoyant. The significant funds changing hands in numismatic rarities Robert & Barbara Jackman is truly remarkable with news of yet another Managing Directors precedence. As this edition goes to print, news has just come to hand of a new world record price being set for Australia’s rarest halfpenny - the 1923 Proof Halfpenny which has just been privately sold in Sydney by Coinworks for $500,000. An increase in demand for rare and scarce quality material is being noticed throughout all areas of the market in both coins and banknotes and this will put pressure on many numismatic specialists around Australia and overseas as competition heats up for the best material in the marketplace this year. As any specialist knows, excitement is often met with anticipation when good buying opportunities arise as they are few and far between on a larger scale these days. Many major auction houses are offering noticeably smaller selections of high grade material while prices - on the other hand - are rising significantly higher. This was evident with many auction sales held throughout 2008 and as demand is expected to increase again this year, availability will certainly be an issue with numismatic dealers. Spinks February Auction shows strong demand in Hong Kong Rob recently attended the Spinks numismatic auction in Hong Kong which saw plenty of action, realising over AU$1.275 million excluding buyers premiums. This was a major auction sale which was well attended by local and overseas bidders cramming the room. Internationally renowned for numismatic excellence in many of the world’s most revered coins and banknotes, Spinks’ February auction in Hong Kong had a noticeably smaller offering of lots in the investment quality range. This created intense bidding for the choice pieces that were offered in the sale which comprised mainly colonial banknotes. Rob was fortunate in securing several nice pieces to bring back to Australia although the strong competition was not for the faint hearted. US Auction House records a dynamic start to 2009 USA Heritage Auctions, recorded mighty sales in excess of US$66 million in three successive numismatic sales held throughout January. As scores of bidders went head to head in fierce competition for the choicest pieces being offered, prices literally went through the roof making this sequence of sales a rocketing start to 2009 for this major numismatic firm. Although dealers may be facing the challenge of satisfying client demand in 2009, these are exciting times for investors as a dwindling supply assures that a healthy secondary market will always prevail for today’s astute buyer of numismatic rarities.
Shows & Events in March 2009 Wagin Woolorama Friday 6th 9am-9pm & Saturday 7th 9am-5pm Wagin Showgrounds The Rare Coin Company will be presenting a wide selection of numismatic rarities for private sale. Entry to the Woolorama $17 per adult $10 for Senior Citizens $35 Family pass
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Brisbane Qld by appointment only Numismatic Consultant, Colin Hughes will be visiting Brisbane on Thursday 12th & Friday 13th March where he welcomes an opportunity to catch up with clients in person in this area. Appointments regarding investment portfolios can be made by contacting Colin on 0439 600 026
April 2009
Bunbury Roadshow Tuesday 17th, 9am-5pm Wednesday 18th 9am-7pm Thursday 19th 9am-5pm The Admiral Comfort Inn 56 Spencer St, Bunbury WA. The Rare Coin Company will be presenting a wide selection of numismatic rarities for private sale.
Melbourne Seminar by appointment only David Burton, School of Gann & licensed Futures Advisor Wednesday April 22nd More details to come in April’s edition of Essentially Money
Free Admission
Building Wealth Through Rare Australian Coins and Banknotes • Albany 1800 641 633 • Perth 1800 811 120
An Exclusive Opportunity in Extremely Rare Sydney Mint Half Sovereigns Australian Proof Half Sovereigns are renowned as some of the rarest and most breathtakingly beautiful gold coins in the world, with a quality that’s many times more superior to that of the circulating issues. Considering the minting techniques used during their time, which were far less advanced than the modern methods we take for granted today, the true quality in the proof minting craftsmanship of their era is strikingly evident in the magnificent rare Half Sovereigns in existence today. Historically, official production of Australian proof Sovereigns and Half Sovereigns commenced at the Sydney Mint in 1857 and, in conjunction with the Melbourne and Perth Mints which began production later, proofs continued to be produced until 1931. What available records there are, indicate that proof Sovereigns and Half Sovereigns were not minted every year, or at least aren’t known to exist as records were not a major priority for any of the Mints in earlier times. The proof examples that were struck were not intended for collectors and as such only struck in very small numbers which were usually given to VIP’s as prized works of art displaying the skills of the Mint Master. In fact, it was not until the 1950’s that the Perth and Melbourne Mints, the only Mints in operation at the time, consented to minting proof coins in sufficient numbers to be made available for the general public. The last Australian proof Half Sovereign was struck at the Sydney Mint in 1911 and bears the reverse design of the British Gold Sovereigns, that of St. George slaying the dragon and the obverse design bearing the uncrowned effigy of King George V. The composition of the gold proof Half Sovereigns comprised 91.67% gold (22 carat 916.6 fine) and 8.33% copper with a pure gold content of 0.1177oz. Proof Half Sovereigns were struck on highly polished gold planchets in a labour intensive process resulting in the most brilliant mirror-like coins you could ever wish to see. 1911s George V Sydney Mint Most of Australia’s proof gold Half Sovereigns are known in numbers of less than Proof Gold Half Sovereign ten and some even unique. The last year of proof half sovereign production at Understandably, by world standards the Sydney Mint - S mintmark on reverse this makes them extremely rare Grade: Flawless FDC Proof Quality and as they are so seldom Extremely Rare ~ less than 5 exist seen offered for private sale, they have become highly Liquidation Price: Guarantee prized collectables in the world of precious metal A Brief History of the Sydney Mint numismatic rarities. In colonial Australia throughout the first half of the 19th century, times were desperate with no form of official currency to help the fledgling colonies to become self-sufficient. The gold rush era of the 1850s did little to help in a broader sense as people flocked to the South Australian goldfields to make their fortune prospecting for gold. Many left their jobs and homes in Adelaide which brought the labour starved colony to the brink of collapse. From the gold being discovered in South Australia, ingots became the first attempt to convert the gold dust and nuggets into an easier form of exchange, however the methods of producing them were very rough. There was no consistency to their size or shape which created confusion and uproar with the public. Mounting criticism of the ingots caused an amendment in the Bullion Act and the now-famed Adelaide Gold Pounds came into being. These coins were minted in 1852 as a desperate measure to bring some means of order to trade in the colony, however these weren’t strictly legal as royal assent had not been granted from London. Furthermore, soon after circulation, their intrinsic value became greater than their face value and they were withdrawn for remelting. 1856 Queen Victoria Sydney Mint From these enterprising attempts to create a form of currency in harsh colonial Australia, came much needed action from the home office in London and steps Gold Half Sovereign were quickly taken to establish a Mint in Sydney. A wing of Sydney’s old Rum Young Head - Type 1/3 Hospital was turned into a branch of the London Royal Mint and the very first Grade: Uncirculated circulating coins, gold Half Sovereigns, were struck in June 1855. The Sydney Extremely Rare in this grade Mint produced circulation Half Sovereigns up until 1916 with the Sovereign Liquidation coin production coming to an end in 1926. Guarantee Price:
$150,000
$50,000
• Melbourne (03) 9653 9412 • Sydney (02) 9089 8780 • Visit our website at: www.rarecoin.com.au
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Prized Opportunities in Rare Quality George V Pre Decimal Banknotes Brief historical background: Two years after the introduction of Australia’s first Ten Shilling note in 1913, amendments had to be made to new notes in a bid to discourage unscrupulous forgers who became skilled and inventive in their attempts to fool the public. The words ‘Half Sovereign’ were adopted and printed in bold red lettering around the borders of the new Ten Shilling notes as there were some attempts to pass the first issues off as Ten Pound notes. It was also decided to print the notes on better quality watermarked paper which proved to be a much more effective method. The introduction of the new Ten Shilling note bearing the portrait of George V commenced in 1923 with the signatures D Miller and J Collins. All Ten Shilling notes of this design were overprinted ‘Half Sovereign’ up until 1933 when the Government decided to break away from the gold standard, changing the inscription on all notes thereafter to: ‘Legal tender in the Commonwealth and in all Territories under the control of the Commonwealth’. ‘Commonwealth of Australia’
1928 George V Ten Shilling (Half Sovereign) Notes Consecutive Pair Signed: EC Riddle Governor of the Commonwealth Bank & JT Heathershaw Secretary to the Treasurer Cat. Ref No. R7 Grade: Uncirculated
Extremely rare surviving in this preserved consecutive state Price:
$70,000 pair
Liquidation Guarantee
Backed by the gold standard of the day, the inscription on these Ten Shilling notes reads: ‘The Treasurer of the Commonwealth of Australia promises to pay the bearer HALF A SOVEREIGN in gold coin on demand at the Head Office of the Commonwealth Bank of Australia’
Historical background: Australia’s first Five Pound note was issued in 1913 with the signatures JR Collins and GT Allen. At the time, they were printed on poor quality paper, quickly drawing public criticism for their large and inconvenient size and undesirable design. The notes were soon the target of forgers taking advantage of their weakness as circulating currency issues. As forgery became a concern with the first notes issued, amendments were brought about in 1915 which saw new notes printed with a multitude of tiny numbers added into the background of the reverse design in a bid to deter counterfeits. In 1924, a newer, more Australian Five Pound note was designed and introduced, printed on higher quality watermarked paper and bearing the portrait of King George V. The first of these newly designed notes bore the signatures of James Kell and James Collins and although the signatories changed over the following years, these notes were much more durable and difficult to forge. The design lasted until 1933 when new George V issues in each denomination were introduced in line with a change in currency legislation which saw the withdrawal from the gold standard. Today these early Five Pound notes are very scarce and highly prized collector issues, attracting significant premiums in well-preserved condition. Backed by the gold standard of the day, the inscription on these Five Pound notes reads: ‘The Treasurer of the Commonwealth of Australia promises to pay the bearer FIVE POUNDS in gold coin on demand at the Head Office of the Commonwealth Bank of Australia’
‘Commonwealth of Australia’
1924 George V Five Pound Note
Signed: J Kell Governor of the Commonwealth Bank & JR Collins Secretary to the Treasurer Cat. Ref No. R38a (black signatures) Grade: about Uncirculated
Extremely rare in this quality Price:
Brief historical background: Like the Ten Shilling notes, Australia’s One Pound notes were widely used paper currency issues spanning almost half a century in circulation. The first One Pound notes were issued in 1913 bearing the signatures JR Collins and GT Allen. These were large and elaborate notes, however their ability to endure the rigours of harsh circulation quickly became evident due to the delicate quality paper used for printing. A revised version of the One Pound note was introduced in 1923 bearing a new and more Australian design and depicting the portrait of King George V for the first time. These new issues bore the signatures D Miller and JR Collins and were printed on better quality watermarked paper. The obverse side of the note depicted the historical landing of Captain Cook at Botany Bay NSW. Notes of this design were in circulation from 1923 to 1932 and issued in various signatory combinations during that time. Today, these issues are some of the scarcest in the Australian One Pound banknote series and highly sought after in top quality for their numismatic significance and solid growth performance.
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$62,000
Liquidation Guarantee
Backed by the gold standard of the day, the inscription on this note reads: ‘The Treasurer of the Commonwealth of Australia Promises to pay the Bearer ONE POUND in gold coin on Demand at the Head Office of the Commonwealth Bank of Australia’ ‘Commonwealth of Australia’
1926 George V One Pound Note Signed: J Kell Governor of the Commonwealth Bank & JR Collins Secretary to the Treasurer Cat. Ref No. R24 Grade: about Uncirculated
Rare in this quality Price:
$17,500
Liquidation Guarantee
Building Wealth Through Rare Australian Coins and Banknotes • Albany 1800 641 633 • Perth 1800 811 120
‘Commonwealth of Australia’
1927 George V Five Pound Note
Signed: EC Riddle Governor of the Commonwealth Bank & JT Heathershaw Secretary to the Treasurer Cat. Ref No. R42 Grade: good Extremely Fine
Very Scarce in this desirable condition Price:
$15,000
Liquidation Guarantee
• Melbourne (03) 9653 9412 • Sydney (02) 9089 8780 • Visit our website at: www.rarecoin.com.au
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Rare Austalian George V Silver Coinage
1915 George V Florin Key date in Florin coins series
(only 500,000 minted for circulation) Grade: Choice Uncirculated - A superb example Slabbed: PCGS MS62
Very Rare in this Grade Price:
$28,000
Liquidation Guarantee
1933 George V Florin Key date in Florin coins series
Minted at the Royal Melbourne Mint (only 488,000 minted for circulation) Grade: Choice Uncirculated Slabbed: PCGS MS62
Very Rare in this Grade Price:
$17,000
Minted at the Heaton Mint, Birmingham (only 500,000 minted for circulation) Grade: Specimen Uncirculated
Price:
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$65,000
Australia’s 1933 Florins were all struck at Melbourne’s Royal Mint and have the second lowest mintage in the entire Florin series. Collectors have been fascinated with the Florin series more than any other pre decimal coins and it’s for this reason they have become such a successful and dynamic area of the numismatic market in these times. Examples in top quality grades are always in demand, with key date issues now commanding significant premiums as buyer competition increases. The 1933 George V Florin is assured of carrying good future potential when secured in highly selective condition. This beautiful example has a rich even underlying tone and is well deserving of pride of place in any worthwhile collection or discerning numismatic investment portfolio.
18-- One Pound Colour Trial ~ Unique in Private Hands Historical background: The Commercial Bank of Sydney was established in 1834 first opening for business in an office in Bridge Street, Sydney. The proposed aims of the bank were to offer the community better facilities for financial transactions and to assist much of the trading and agricultural requirements of Sydney. The bank expanded its operations to other areas of Sydney and Melbourne the following year, however the financial depression of the 1840’s caused their closures. The bank’s business was subsequently confined to New South Wales and some parts of Queensland. The bank remodelled and newly formed under the same name where it traded successfully and further expanded its business actively setting up branches in New South Wales and Queensland throughout the 1860’s. The financial crisis of 1893 caused the bank to close its doors and suspend payment. It was then registered under the Companies Act and incorporated in June 1893 where it soon re-opened as the Commercial Banking Company of Sydney Limited. An amalgamation with the Bank of Victoria took place in January 1927. By 1981 the bank had branches in most states and overseas also. In May 1981 the bank merged with the National Bank of Australasia. The new name was announced as ‘National Commercial Banking Corporation of Australia Limited’ to be known by the shorter title of ‘National Australia Bank’ from 1983 onward. Notes of the Commercial Banking Company of Sydney were printed in denominations of £1, £5, £10, £20 & £50 respectively. The One Pound note featured above is a unique colour trial engraved by W & AK Johnston, Edinburgh for Cowan and Coy, Sydney, however this design never became issued. This splendid Commercial Banking Company of Sydney example is one of the finest engravings in the bank’s note series.
Liquidation Guarantee
Specimen coins always carry a premium due to the scarceness of their sharp and superior quality. Known in numismatic terms as the first coins to be minted by the newly prepared working die, they are struck with a flawless clarity that can only be achieved during the initial minting process of a new series. Usually the planchets have also been specially prepared to create a better strike. These have become known as Specimen strikes, representing the new coins for circulation. They are surpassed in detail and quality only by that of the highly specialised Proof and Pattern coinage. Pre decimal Specimens are notorious for their very small numbers, known in figures less than five. This adds to their numismatic significance and rarity status so well known today. H = Heaton Mint, Birmingham From 1910 to 1914 all Australian Shillings were struck at either London’s Royal Mint or the Heaton Mint in Birmingham. All coins minted in these years have scarce low mintages. The Heaton variety bears a small “H” mint mark under the date of the coin. Examples in quality condition are highly sought after.
Building Wealth Through Rare Australian Coins and Banknotes • Albany 1800 641 633 • Perth 1800 811 120
Domiciled: Sydney Cat Ref No.: MVR N/L Grade: good Extremely Fine
Unique in private hands Price:
$52,500 Liquidation Guarantee
The Bank of Australasia (1835-1951) Extremely Rare 1909 Five Pound Signed & Issued Note
Liquidation Guarantee
1915h George V Specimen Shilling Key date in Shilling coins series Less than 5 examples known to exist
Extremely Rare
From 1910 to 1915 Australia’s early Commonwealth silver coins threepence, sixpence, shilling and florin, were minted at London’s Royal Mint as Australia’s three issuing Mint’s in Sydney, Melbourne and Perth were not equipped to produce the new silver circulating coinage which had been ordered and passed by Australian legislators in 1910. This 1915 Florin, minted in London, bears no mint mark, unlike the 1915H Heaton Mint, however it has the same low mintage of just 500,000 coins making it one of the key date issues in the Florin series. 1915 Florins in choice grades are very rare and as such are keenly sought after for their growth potential.
Commercial Bank of Sydney (1834-1982)
Domiciled: Sydney Cat Ref No.: MVR 2c Grade: good Fine
Extremely Rare
Price:
$75,000
Liquidation Guarantee
Historical background: As an imperial bank originating in Britain, the Bank of Australasia operated primarily overseas. A wealthy Londoner by the name of Thomas Potter Macqueen was instrumental in influencing the bank to draw up a Prospectus in 1834 which granted Royal Charter for local boards to be established in Sydney and Hobart. The first branch opened in Sydney in December 1835 and in Hobart in January 1836. The bank was very successful and subsequently opened branches in all states and New Zealand between 1838 and 1864. The Bank of Western Australia was absorbed by the Bank of Australasia when it commenced business in Perth in 1841. This proved less than successful for the Bank which eventually closed its doors in Perth in 1846 due to the strong local support in favour of the former Western Australian Bank. A scheme to amalgamate with the Union Bank of Australia Limited was publicly announced in February 1947 but wasn’t achieved until October 1951 where the two banks eventually emerged as the Australia and New Zealand Bank Limited. Bank of Australasia notes were issued in denominations of £1, £5, £10, £50 & £100 respectively. This issued example is extremely rare and a prized note for its numismatic significance.
• Melbourne (03) 9653 9412 • Sydney (02) 9089 8780 • Visit our website at: www.rarecoin.com.au
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The Hongkong & Shanghai Banking Corporation
Scarce & Exotic Banknot es of the Orient
The Chartered Bank of India, Australia and China
A Brief History:
Where it all Began:
After the British established Hong Kong as a colony in the aftermath of the Opium War, local merchants felt the need for a bank to finance the growing trade between China and Europe (with traded products including opium). They established the Hongkong and Shanghai Banking Corporation in Hong Kong and Shanghai in 1865.
The Chartered Bank of India, Australia and China (or simply The Chartered Bank) was a bank founded in London in 1851/1853 by James Wilson following the grant of a Royal Charter from Queen Victoria. It opened its first branches in 1858 in Calcutta and Bombay and then Shanghai. The following year it opened a branch in Hong Kong and an agency in Singapore. In 1861 the Singapore agency was upgraded to a branch.
The founder, a Scotsman named Thomas Sutherland, wanted a bank operating on “sound Scottish banking principles.” Still, the original location of the bank was considered crucial and the founders chose Wardley House in Hong Kong since the construction was based on some of the best feng shui in Colonial Hong Kong. The bank initially leased its premises for $500HKD a month in 1864.
The Hongkong & Shanghai Banking Corporation (1865-present) 1927 Five Hundred Dollar Specimen Note
The Hongkong & Shanghai Banking Corporation (1865-present) 1930 Five Hundred Dollar Specimen Note
Engraver: Bradbury, Wilkinson & Co Ltd, New Malden, Surrey, England Domicile: Hong Kong Cat Ref. No.: P177 Grade: about Uncirculated
Engraver: Bradbury, Wilkinson & Co Ltd, New Malden, Surrey, England Domicile: Hong Kong Cat Ref. No.: P177 Grade: Uncirculated
Price: $20,000
Price: $10,000
Genuine Specimen - Very Rare
Very Scarce
Liquidation Guarantee
Major Player:
Liquidation Guarantee
Open For Business: After raising a capital stock of $5 million HKD, the bank opened its doors in March 1865. The bank was incorporated in Hong Kong by special dispensation from the British Treasury in 1866 and a new branch in Japan was established the same year. The bank handled the first public loan in China in 1874, thereafter issuing most public loans. The Bank became a leader in Asia. Notable events included being the first bank established in Thailand, in 1888, where it printed the country’s first banknotes; acting as banker for the Hong Kong Government from the 1880s; and participating in the management of British colonial Government accounts in China, Japan, Penang and Singapore. A period of expansion followed, with new branch offices opening in Bangkok, Manila and Shanghai and a new head office building in Hong Kong in 1935.
1930 Chartered Bank of India, Aust. & China Five Dollar Colour Trial 1961 Chartered Bank Five Hundred Dollar Specimen Note Cat: P72
Price: $6,000
Scarce
Liquidation Guarantee
This colour trial is identical to the note below, just a different colour.
Liquidation Guarantee
1930 Chartered Bank of India, Aust. & China Ten Dollar Specimen Note Cat: PS216
In the early 1900s the bank opened offices in New York and Hamburg. When it established its New York branch in 1912, Chartered Bank became the first foreign bank to be issued a license to operate in New York. The bank’s office in Yokohama, Japan was destroyed by the Great Kanto earthquake in 1923 which killed a number of its staff.
Grade: Extremely Fine
Price: $6,000
Cat: PS215
Scarce
Liquidation Guarantee
Grade: Uncirculated
Price: $6,000
Scarce
Liquidation Guarantee
This colour trial is identical to the note above, just a different colour.
Network Expands: In 1927 the bank acquired P&O Bank which in turn owned Allahabad Bank. Chartered Bank, merged with P&O Bank but continued to run Allahabad Bank separately until the Government of India nationalised Allahabad in 1969. In 1957 the Chartered Bank acquired the Eastern Bank giving it a network of branches in Aden, Bahrain, Beirut, Lebanon, Qatar and the UAE. It also bought the Ionian Bank’s Cyprus branches.
1956 Chartered Bank Ten Dollar Note
1930 Chartered Bank of India, Aust. & China Ten Dollar Colour Trial (obverse & reverse)
Price: $3,500
Price: $7,500
Cat: P63
8
Price: $3,000
Scarce
Grade: Uncirculated
1930 Chartered Bank of India, Aust. & China Five Dollar Colour Trial
Biggest Bank in Hong Kong: Today the bank is a wholly owned subsidiary and the founding member of the HSBC group which is traded on several stock exchanges as HSBC Holdings plc. It is the largest bank in Hong Kong. The bank is known locally in the expatriate community by the affectionate term Honkers and Shankers. Before 1998 it was also known colloquially as Hongkong Bank (by tradition “Hong Kong” is spelled as one word).
Grade: Uncirculated
Cat: PS215
In 1862 the bank was authorised to issue banknotes in Hong Kong, a privilege it continues to exercise to this day. Over the following decades it printed banknotes in China and Malaysia. The bank’s expansion continued through the 1860s to the 1900s, leading it to open branches across Asia. The bank’s traditional business was in cotton from Mumbai (Bombay), indigo and tea from Calcutta, rice in Burma, sugar from Java, tobacco from Sumatra, hemp in Manila and silk from Yokohama. It played a major role in the development of trade with the East which followed the opening of the Suez Canal in 1869 and the extension of the telegraph to China in 1871.
Grade: Uncirculated
Scarce
Liquidation Guarantee
Building Wealth Through Rare Australian Coins and Banknotes • Albany 1800 641 633 • Perth 1800 811 120
Cat: PS216
Grade: Uncirculated
Scarce
Liquidation Guarantee
The obverse & reverse sides are printed individually
Chartered Bank merged with the Standard Bank of South Africa in 1969 and the combined bank became the Standard Chartered Bank as it is known today.
• Melbourne (03) 9653 9412 • Sydney (02) 9089 8780 • Visit our website at: www.rarecoin.com.au
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Scarce Colonial Gold Coinage of Australia’s Proclamation Era
Historically: From the earliest times of settlement in the New South Wales colony in 1800, a host of coins from around the world played their part in helping to sustain a means of trade within the chaotic environment which plagued the first settlers. Governor King attempted to take control of this serious situation by regulating the assortment of coinage changing hands daily. By giving the coins an official value according to their weight and size, the proclamation helped restore some order, however this would soon prove unsuccessful as visiting trade ships and their unscrupulous captains syphoned off any coinage they could take advantage of while doing trade. These magnificent gold pieces were some of the more elaborate examples of the coinage circulating in the NSW colony. Their story is one of romance and intrigue in a time of white settlement in Australia’s earliest beginnings. As for their place in history, it can only be said that it is firmly cemented by the countless collectors throughout the world who passionately seek them out.
Australia Proclamation Era
1786R Brazil Half Johanna ~ Maria I & Peter III
Price: $1,800
Price: $2,150
Grade: Extremely Fine
Australia Proclamation Era
Grade: Extremely Fine
Australia Proclamation Era
1790R Brazil Half Johanna ~ Maria I
1792R Brazil Half Johanna ~ Maria I
Price: $2,600
Price: $1,950
Proclamation Coin Grade: about Uncirculated/ Uncirculated
Proclamation Coin Grade: Extremely Fine
1786FM Mexico Eight Escudos ~ Charles III
1795DA Chile Eight Escudos ~ Charles IIII
Price: $3,500
Price: $3,500
Grade: Very Fine
Grade: good Extremely Fine
1798DA Chile Eight Escudos ~ Charles IIII
1819FM Colombia Eight Escudos ~ Ferdinand VII
Price: $2,000
Price: $1,700
Grade: about Uncirculated
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Australia Proclamation Era
1781R Brazil Half Johanna ~ Maria I & Peter III
Grade: about Extremely Fine
Building Wealth Through Rare Australian Coins and Banknotes • Albany 1800 641 633 • Perth 1800 811 120
The Spanish Silver Dollar or Eight Reales of the Proclamation Historically: The Spanish silver dollars or eight reales were also in common circulation in early New South Wales and were included in the 1800 Proclamation at the value of 5 shillings. The Spanish dollars were either, the early pillar type which portrays the interlocked hemispheres beneath the Spanish crown between two pillars and all riding on the wavy lines of a simulated ocean, or the later bust or portrait type which originated at the behest of Charles III. Produced at various mints in Spanish America and Continental Spain, these pieces were an internationally accepted currency for almost three centuries. It was a cargo of 40,000 such coins which became Australia’s iconic Holey Dollars and Dumps. In modern pop culture and fiction ‘pieces of eight’ are most commonly associated with the popular notion of pirates.
1770 Peru 8 Reales
1774 Mexico 8 Reales
1780 Mexico 8 Reales
“Pillar Dollar” Grade: Very Fine
Bust of Charles III Grade: good Very Fine/ about Extremely Fine
Bust of Charles III Grade: about Very Fine/ Very Fine
1781 Mexico 8 Reales
1795 Mexico 8 Reales
1796 Mexico 8 Reales
Price: $365
Price: $350
Price: $350
Price: $495
Bust of Charles III Grade: about Extremely Fine/good Very Fine
Price: $395
Bust of Charles IV Grade: good Very Fine
Price: $235
Bust of Charles IV Grade: good Very Fine
1797 Mexico 8 Reales
1798 Mexico 8 Reales
1799 Peru 8 Reales
Price: $250
Price: $350
Price: $245
Bust of Charles IV Grade: good Very Fine
1800 Mexico 8 Reales Bust of Charles IV Grade: Very Fine
Price: $365
Bust of Charles IV Grade: good Very Fine
1802 Mexico 8 Reales
Bust of Charles IV Grade: good Very Fine/about Extremely Fine
Price: $395
Bust of Charles IV Grade: Very Fine
1807 Mexico 8 Reales
Bust of Charles IV Grade: about Extremely Fine
Price: $265
• Melbourne (03) 9653 9412 • Sydney (02) 9089 8780 • Visit our website at: www.rarecoin.com.au
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New Release from the Royal Australian Mint 2009 $5 Fine Silver Proof Hologram Coin - International Polar Year Mintage of only 15,000 coins
The final coin for the International Polar Year Series is one with a unique difference, a beautifully coined hologram design. The $5 Silver proof hologram coin shows a silhouette of a sailing ship surrounded by the amazing colours of the Aurora Australis. The colour of the hologram changes to represent this celestial phenomenon. Made from 99.99% fine silver proof, this hologram coin is the only International Polar Year coin to feature the International Polar Year Logo. With a limited mintage of 15,000 this coin is sure to be in high demand. The hologram coin includes an authenticity certificate and is displayed in a beautiful black case to ensure the very best in presentation and is a fitting tribute to this final issue in the International Polar Year Series.
$95.00
Available mid March - Order Now Royal Australian Mint
2007 Masterpieces in Silver ~ Proof Set Commemorating Australian Art of the Twentieth Century
This set is a special collection, crafted in pure silver celebrating treasured works by 20th Century Australian artists: Clifford Possum Tjapaltjarri, ‘Yuelamu Honey Ant Dreaming’, William Dobell, ‘Margaret Olley’, Grace Cossington Smith, ‘Curve of the Bridge’ and Margaret Preston, ‘Implement Blue’. The set compises four $5 coins struck from 99.99% pure silver in superb proof finish and elegantly housed in a black leatherette presentation case with information booklet of authenticity. A spectacular issue for collectors who also have a passion for Australian art. Mintage 10,000 sets.
$210.00 set Royal Australian Mint
2006 Masterpieces in Silver ~ Proof Set Commemorating Australian Art of the Twentieth Century This set is a special collection, crafted in pure silver and pays tribute to the treasured Australian artworks of Sidney Nolan, ‘Burke & Wills Expedition’, Jeffery Smart, ‘Keswick Siding’, Brett Whiteley, ‘Self Portrait in the Studio’, and Russell Drysdale, ‘The Drovers Wife’. The set compises four $5 coins struck from 99.99% pure silver in superb proof finish and elegantly housed in a black leatherette presentation case with information booklet of authenticity. A spectacular issue for collectors who also have a passion for Australian art. Mintage 10,000 sets. Price:
$210.00 set Royal Australian Mint
2004 Masterpieces in Silver ~ Proof Set Commemorating 20 Years of the Australian Dollar Coin This exquisite silver six coin set honours 20 years of our much loved dollar coin. The set includes one test piece (Imperial Lion) and two coins produced for the first time from archive drawings (scalloped edge kangaroo coin & wombat round coin). The well known standard kangaroo design is struck for the first time as a large silver 40mm coin. Each coin is struck from pure 99.9% silver in a proof finish and individually encapsulated. Presented in a stylish black leatherette case with information booklet of authenticity. An outstanding collection with a mintage of just 18,000 sets. Price:
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For collectors of the finest and most brilliant silver proof coins, the Royal Australian Mint deluxe Year Sets offer minting excellence at its finest. The combination of superior proof finish, pure metal content, low mintage and elegant presentation, offers collectors outstanding value with the potential for price appreciation in years to come. (2008 Fine Silver Proof Year Sets - Sold Out) Limited availability while stocks last.
2007 Fine Silver Proof Year Set Low mintage of 6,500 sets world-wide
Price: Official Mint Release Price
Price:
Spectacular Pure 99.9% Silver Proof Year Sets from The Royal Australian Mint 2004 to 2007
$210.00 set
Building Wealth Through Rare Australian Coins and Banknotes • Albany 1800 641 633 • Perth 1800 811 120
The 2007 Silver Proof Year set comprises all six of Australia’s legal tender circulating coins, 5 cent, 10 cent, 20 cent, 50 cent, $1 and $2 coins. As 2007 commemorates the Year of Surf Lifesaving, this set contains two commemorative coins; the 20 cent piece and $1 coin. Each coin is struck in Fine Silver with a purity of 99.9% and dated 2007. The coins are individually encapsulated and set into a plush felt pad which has been inserted into an exquisite wooden presentation case crafted from Australian Jarrah. Each set comes with a numbered certificate of authenticity. This beautiful presentation allows for display as a showpiece if desired, or alternatively it can be slipped into its outer protective box and secured in safe storage. The 2007 Silver Proof Year Set is the perfect gift for all occasions and a valuable heirloom for years to come. Price:
$220 set of 6 coins
2006 Fine Silver Proof Year Set Low mintage of 6,500 sets world-wide
The 2006 Silver Proof Year set comprises all six of Australia’s legal tender circulating coins, 5 cent, 10 cent, 20 cent, 50 cents (round), $1 and $2 coins plus the one and two cent coins as a commemoration of the 40th Anniversary of Decimal Currency. Each coin is struck in Fine Silver with a purity of 99.9% and dated 2006. The coins are individuallly encapsulated for perfect protection and set into a plush felt pad which has been inserted into an exquisite wooden presentation case crafted from Australian Jarrah. Each set comes with a numbered certificate of authenticity. This beautiful presentation allows for display as a showpiece if desired, or alternatively it can be slipped into its outer protective box and secured in safe storage. The 2006 Silver Proof Year Set is the perfect gift for all occasions and a valuable heirloom for years to come. Price:
Limited Availability
2005 Fine Silver Proof Year Set Low mintage of 6,500 sets world-wide
The 2005 Silver Proof Year set comprises all six of Australia’s legal tender circulating coins, 5 cent, 10 cent, 20 cent, 50 cent, $1 and $2 coins. As 2005 commemorates the 50th Anniversary of the ending of WWII, this set contains three commemorative coins; the 20 cent, 50 cent and $1 coin. Each coin is struck in Fine Silver with a purity of 99.9% and dated 2005. The coins are individually encapsulated for perfect protection and set into a plush felt pad which has been inserted into an exquisite wooden presentation case crafted from Australian Jarrah. Each set comes with a numbered certificate of authenticity. This beautiful presentation allows for display as a showpiece if desired, or alternatively it can be slipped into its outer protective box and secured in safe storage. The 2005 Silver Proof Year Set is the perfect gift for all occasions and a valuable heirloom for years to come. Price:
$250 set of 6 coins
$250 set of 8 coins
Limited Availability
2004 Fine Silver Proof Year Set Low mintage of 6,500 sets world-wide
The 2004 Silver Proof Year set comprises all six of Australia’s legal tender circulating coins, 5 cent, 10 cent, 20 cent, 50 cent, $1 and $2 coins. Each coin is struck in Fine Silver with a purity of 99.9% and dated 2004. The coins are individually encapsulated for perfect protection and set into a plush felt pad which has been inserted into an exquisite wooden presentation case crafted from Tasmanian Silver Oak. Each set comes with a numbered certificate of authenticity. This beautiful presentation allows for display as a showpiece if desired, or alternatively it can be slipped into its outer protective box and secured in safe storage. The 2004 Silver Proof Year Set is the perfect gift for all occasions and a valuable heirloom for years to come. Price:
$250 set of 6 coins
Limited Availability
Limited Availability
• Melbourne (03) 9653 9412 • Sydney (02) 9089 8780 • Visit our website at: www.rarecoin.com.au
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Royal Australian Mint Uncirculated Year Sets
Royal Australian Mint Proof Year Sets
Collect Australia’s circulating coins in stunning Proof quality
The ideal way to collect Australian decimal coins in brilliant mint quality
2009 Blinky Bill Uncirculated Coin Set Contains 5c, 10c, 20c, 50c, $1 & $2 commemorative ‘Dorothy Wall’ $1 includes Blinky Bill Medallion Price:
$35.00
2006 40 Years of Decimal Currency Uncirculated Coin Set Contains 1c, 2c, 5c, 10c, 20c, 50c, $1 & $2 Price:
Price:
$40.00
$30.00 set
2004 Uncirculated Coin Set Contains 5c, 10c, 20c, 50c, $1 & $2
$50.00
Price:
$35.00
1998 Bass & Flinders Bi-centenary Uncirculated Coin Set Contains 5c, 10c, 20c, 50c, $1 & $2 commemorative 50 cent Price:
2009 International Year of Astronomy Uncirculated Coin Set Contains 5c, 10c, 20c, 50c, $1 & $2 commemorative 20 cent
$30.00
Price:
2002 Year of the Outback Uncirculated Coin Set Contains 5c, 10c, 20c, 50c, $1 & $2 commemorative 50 cent & $1
$55.00
Price:
1994 International Year of the Family Uncirculated Coin Set Contains 5c, 10c, 20c, 50c, $1 & $2 commemorative 50 cent
$40.00
Price:
2008 International Year of Planet Earth Uncirculated Coin Set Contains 5c, 10c, 20c, 50c, $1 & $2 commemorative 20 cent
1992 XXV Olympics, Barcelona Uncirculated Coin Set Contains 5c, 10c, 20c, 50c, $1 & $2 commemorative $1
$80.00
Price:
2007 Year of the Surf Lifesaver Uncirculated Coin Set Contains 5c, 10c, 20c, 50c, $1 & $2 commemorative 20 cent Price:
$35.00
1999 Year of Older Persons Uncirculated Coin Set Contains 5c, 10c, 20c, 50c, $1 & $2 commemorative $1 Price:
$50.00
2009 International Year of Astronomy Proof Coin Set Contains 5c, 10c, 20c, 50c, $1 & $2 commemorative $1 Price:
$115.00
2004 Proof Coin Set Contains 5c, 10c, 20c, 50c, $1 & $2 Price:
$120.00
Price:
$120.00
1988 First Fleet Bi-centenary Uncirculated Coin Set Contains 1c, 2c, 5c, 10c, 20c, 50c, $1 & $2 commemorative 50c Price:
1987 Uncirculated Coin Set Contains 1c, 2c, 5c, 10c, 20c, 50c & $1 Price:
$25.00
$22.00
Price:
$40.00
1991 Anniversary of Decimal Currency Uncirculated Coin Set Contains 1c, 2c, 5c, 10c, 20c, 50c, $1 & $2 commemorative 50 cent
Price:
14
$35.00
1982 XII Commonwealth Games Uncirculated Coin Set 50c, 20c, 10c, 5c, 2c & 1c
Price:
$10.00
1981 Coin Set Uncirculated 50c, 20c, 10c, 5c, 2c & 1c
Price:
$15.00
1980 Coin Set Uncirculated 50c, 20c, 10c, 5c, 2c & 1c
Price:
$16.00
1979 Coin Set Uncirculated 50c, 20c, 10c, 5c, 2c & 1c
Price:
Price:
$20.00
1977 Coin Set Uncirculated Silver Jubilee Wattle 50c, 20c, 10c, 5c, 2c & 1c commemorative 50c
Price:
$20.00
$95.00
1996 Sir Henry Parker Proof Coin Set Contains 5c, 10c, 20c, 50c, $1 & $2 commemorative $1 Price:
$135.00
Price:
$90.00
Price:
1994 International Year of the Family Proof Coin Set Contains 5c, 10c, 20c, 50c, $1 & $2 commemorative 50 cent Price:
$75.00
$95.00
1992 XXV Olympics, Barcelona Proof Coin Set Contains 5c, 10c, 20c, 50c, $1 & $2 commemorative $1 Price:
$75.00
$90.00
1990 Proof Coin Set Contains 1c, 2c, 5c, 10c, 20c, 50c, $1 & $2 Price:
$75.00
1988 First Fleet bi-centenary Proof Coin Set $2, $1, 50c, 20c, 10c, 5c, 2c & 1c commemorative 50 cent
Price:
1985 Proof Coin Set $1, 50c, 20c, 10c, 5c, 2c & 1c
1987 Proof Coin Set $1, 50c, 20c, 10c, 5c, 2c & 1c
$50.00
Price:
$45.00
Price:
$50.00
1986 International Year of Peace Uncirculated Coin Set Contains 1c, 2c, 5c, 10c, 20c, 50c & $1 commemorative $1
$26.00
1984 Proof Coin Set 50c, 20c, 10c, 5c, 2c & 1c
Price:
1983 Coin Set Uncirculated 50c, 20c, 10c, 5c, 2c & 1c
Price:
2006 40 Years of Decimal Currency Proof Coin Set Contains 1c, 2c, 5c, 10c, 20c, 50c, $1 & $2
2007 Year of the Surf Lifesaver Proof Coin Set Contains 5c, 10c, 20c, 50c, $1 & $2 commemorative $1
1991 Anniversary of Decimal Currency Uncirculated Coin Set Contains 1c, 2c, 5c, 10c, 20c, 50c, $1 & $2 commemorative 50c
Price:
1990 Uncirculated Coin Set Contains 1c, 2c, 5c, 10c, 20c, 50c, $1 & $2
2008 International Year of Planet Earth Proof Coin Set Contains 5c, 10c, 20c, 50c, $1 & $2 commemorative $1
1974 Coin Set Uncirculated 50c, 20c, 10c, 5c, 2c & 1c
Price:
$85.00
1970 Coin Set Uncirculated Cpt. Cook bi-centenary 50c, 20c, 10c, 5c, 2c & 1c commemorative 50c
Price:
$55.00
Building Wealth Through Rare Australian Coins and Banknotes • Albany 1800 641 633 • Perth 1800 811 120
$35.00
1979 Proof Coin Set 50c, 20c, 10c, 5c, 2c & 1c
Price:
$40.00
1983 Proof Coin Set 50c, 20c, 10c, 5c, 2c & 1c
Price:
$30.00
1978 Proof Coin Set 50c, 20c, 10c, 5c, 2c & 1c
Price:
$35.00
1982 XII Commonwealth Games, Brisbane Proof Coin Set 50c, 20c, 10c, 5c, 2c & 1c commemorative 50 cent
Price:
$25.00
1977 Proof Coin Set Silver Jubilee Wattle design 50c, 20c, 10c, 5c, 2c & 1c commemorative 50 cent
Price:
$35.00
• Melbourne (03) 9653 9412 • Sydney (02) 9089 8780 • Visit our website at: www.rarecoin.com.au
1981 Proof Coin Set 50c, 20c, 10c, 5c, 2c & 1c
Price:
$25.00
1976 Proof Coin Set 50c, 20c, 10c, 5c, 2c & 1c
Price:
$65.00 15
Contact one of our professional Numismatic Consultants for expert advice and guidance on successful investing for your Personal Investment Portfolio or Self Managed Super Fund. Albany Office & Showroom 12 Sanford Road, Albany WA PO Box 829, Albany WA 6331 Phone: (08) 9892 8000 Fax: (08) 9842 1702 Freecall: 1800 641 633
Email: enquiries@rarecoin.com.au
Edward Armstrong Chief Executive Officer
0447 968 885
Brett Scott
Albany Sales Manager
0408 921 916
Fiona Stevenson
Murray Holmes
0418 913 243
0407 225 750
Numismatic Consultant - Albany
Numismatic Consultant - Albany
Ron Scott
Numismatic Consultant - Albany
0417 954 464
Our Albany office and showroom, located in Sanford Road is open each weekday from 9am to 5pm Perth Office & Showroom 286 Hay Street, East Perth WA PO Box 6912, East Perth 6004 Phone: (08) 9225 5044 Fax: (08) 9225 4500 Freecall: 1800 811 120
Email: enquiries@rarecoin.com.au
Wayne Fernie
Perth Sales Manager
0407 425 011
Tom Bishop
John Cunningham
Corrin Marshall
0417 936 861
0407 227 890
0448 882 291
Numismatic Consultant - Perth
Numismatic Consultant - Perth
Numismatic Consultant - Perth
Colin Hughes
Numismatic Consultant - Perth
0439 600 026
Our Perth office and showroom, located in Hay Street close to The Perth Mint, is open each weekday from 9am to 5pm and also Saturdays from 9am to 1pm for your added convenience. Sydney Office* (*Private Consultations by appointment only) Level 26, 44 Market Street, Sydney NSW Phone: (02) 9089 8780 Fax: (02) 9089 8989
Email: enquiries@rarecoin.com.au
John Brookes
Numismatic Consultant - Sydney
0417 996 969
James Tham
Numismatic Consultant - Sydney
0439 946 658
Nicholas Tham
Numismatic Consultant - Sydney
Melbourne Office* (*Private Consultations by appointment only) Level 27, 101 Collins Street, Melbourne VIC Phone: (03) 9653 9412 Fax: (03) 9653 9416
Email: enquiries@rarecoin.com.au
0419 907 877
Website: www.rarecoin.com.au The Rare Coin Company offers a Liquidation Guarantee on selected investment quality items sold through our company. Items featuring this Liquidation logo come with an official Certificate of Authenticity and Future Liquidation by The Rare Coin Company. This guarantee applies only on selected items as indicated in this publication. All other numismatic material does not carry a liquidation guarantee, however we are always happy to purchase quality items for future resale - subject to stock requirements. For more information regarding our Liquidation Guarantee policy please contact us on: 1800 641 633. Liquidation Guarantee
Your Privacy: The personal information you have provided is protected by the Privacy Act 1988. We observe the national privacy legislation and will handle your personal information in accordance with these principles. If you wish to access your personal information, or do not wish to receive further promotional material, please contact us. Further information regarding our privacy practice is set out in our published Privacy and Confidentiality flyer. Special Disclaimer: The average returns shown for items in this catalogue were calculated using pricing information obtained from the McDonalds Australian Coins and Banknotes catalogues. Disclaimer: *Past performance is no guarantee of future returns. °Potential investors into numismatics should seek advice of a qualified rare coin and banknote dealer and a Financial Advisor. No warranty is given and no liability accepted by Arcabi Pty Ltd or its employees for any statement of opinion, errors or omissions. E&OE Items offered are subject to being sold out prior to receipt of order. All previous selling lists are cancelled. Prices shown are subject to change without notice. All prices include GST. Some items may not be immediately available from our retail outlet. Pictures are shown for illustration purposes only. Members of ANDA
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Arcabi Pty Ltd trading as The Rare Coin Company ABN 70 081 444 322
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Building Wealth Through Rare Australian Coins and Banknotes • Visit our website at: www.rarecoin.com.au