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Australia, 1957 Perth Proof Penny Polished type -
Like the 1955-P and 1956-P proof pennies, the 1957-P with the matte or polished finish is scarce in PR63RD or better. Rarity-wise, a PR63RD 1957-P penny in the matte finish is comparable to a later Perth penny graded PR66RD. The 1955-P, 1956-P, and 1957-P with the matte finish were struck with badly or heavily-polished dies, resulting in numerous die polishing marks across the coins’ surfaces. For this reason, PCGS tends to downgrade the coins for somewhat impaired eye appeal (although this is a matter of opinion, as the eye appeal on this coin is not impaired at all). The average collector might scoff at the PR63RD grading and insist on a higher grade, but try finding one! Make no mistake, the 1957-P penny with the matte or polished finish is scarce this grade, particularly with the Red designation.
Grades PCGS PR63RD.Product ID: 1957(p)26876831