1964 Melbourne Penny - PCGS MS66RB

Australia, 1964 Melbourne Penny -

This 1964 Melbourne penny is one of the nicest I’ve seen in recent times. If fact, it’s so evenly coloured and glossy that it looks like someone popped it out from the middle of a 2004 one dollar subscription issue (which contained a burnished replica of a 1964 penny in the centre). Out of the 460 individual 1964 Melbourne pennies PCGS has certified, only four have graded MS66RB (December 2013). So don’t scoff at it: It’s tough in this high a grade! Moreover, it’s about a fifth of the price of an MS66RD, the last of which sold for over $3,000 privately in November 2013.