1953 Melbourne Penny - PCGS MS63RD

Australia, 1953 Melbourne Penny -

A scarce and underrated date. I haven't had a 1953 Melbourne penny with full red since December 2011. In November 2013, an example graded PCGS MS64RB (numerically equivalent to an MS63RD) sold for $660 in an online auction. Very difficult in this grade and deserving of a higher catalogue value.