Super-rare Aussie coin expected to break records at auction

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The 1930 penny features the head of King George V, the grandfather of Queen Elizabeth II. 9News

coin minted during the Great Depression is predicted to break records when it goes under the hammer this weekend.

"It is extremely rare to see such an authentic Australian penny go to auction, this is someone's chance to own one of the rarest coins in the country," Lloyds Auctions chief operations officer Lee Hames said.The reason for the penny's rarity is linked to the shrinking economy of the Great Depression in 1929-1930.

 

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