Australian
Pre-Decimal Proof Issues
Proofs, patterns and trials go back to the earliest of coins but very few of these coins where struck, mainly for official purposes, making them extremely rare and valuable. The Australian Pre-Decimal Proof coin series can be automatically split up between two distinct different series, those struck between 1955 to 1963 and those Extremely Rare issues struck prior to 1955.
In 1957 the Melbourne Mint had a lot of unsold and broken sets still in stock and officials at the mint were considering abandoning the series altogether when a dealer , Ray Jewell, promised to buy all unsold stock at the end of each year. This was enough to convince the mint to continue. In the following years the series gathered momentum as reflected in the increased mintages.
Year
Type
Mintage
Year
Type
Mintage
1955 Melbourne Proof Set
1d, 1/-, 6d, 3d
1d, 1/2d
1955
Melbourne
1200
1955
Perth
301
1d, 2/-, 1/-, 6d, 3d
1d
1956
Melbourne
1500
1956
Perth
417
1957 Melbourne Proof Set
2/-, 1/-, 6d, 3d
1d
1957
Melbourne
1256
1957
Perth
1112
1958 Perth Proof Penny
1d, 2/-, 1/-, 6d, 3d
1d
1958
Melbourne
1506
1958
Perth
1028
1d, 1/2d, 2/-, 1/-, 6d, 3d
1d
1959
Melbourne
1506
1959
Perth
1030
1960 Melbourne Proof Set
1960 Perth Mint Proofs
2/-, 1/-, 6d, 3d
1d, 1/2d
1960
Melbourne
1509
1960
Perth
1030
2/-, 1/-, 6d, 3d
1d, 1/2d
1961
Melbourne
1506
1961
Perth
1040
1962 Perth Proof Set
2/-, 1/-, 6d, 3d
1d, 1/2d
1962
Melbourne
2106
1962
Perth
1064
1963 Melbourne Proof Set
2/-, 1/-, 6d, 3d
1d, 1/2d
1963
Melbourne
5042
1963
Perth
1100

Australian Proof coins struck prior to 1955 were not struck for commercial purposes but only to be kept as a premium example for the Mints Museum collection or a foreign countries Museum or alternatively specially struck in order to use for a presentation to VIP's. As a result Australian Pre 1955 Proofs are extremely rare with as few as 2-3 pieces and in most cases up to a maximum of 10 pieces available to private collectors worldwide.
Pre 1955 Proof Gold issues were struck at the Sydney, Melbourne or Perth branches of the British Royal Mint, the Silver and Copper issues were struck at the Melbourne or Perth branches.
The second distinct area of Australian Pre-Decimal Proofs are those struck between 1955 and 1963 at both the Melbourne and Perth Mints. These where sold loose at 2 Shillings plus face value. All these were issued as sets as well as individual coins and presented in a cellophane packet for Perth Mint and in greaseproof paper for the Melbourne Mint which has enabled many uneducated collectors to open and handle the pieces. From 1960 the Melbourne sets were sold in sealed plastic packages and 2 years later introduced a black plastic box with no protection around the coinsAs a result to get perfect FDC coins, particularly copper ones, is difficult and quite deceiving in terms of their overall rarity. Although the mintage figure for the 1955-1963 Proofs is between 301 to 5042 of each piece, this is tiny compared with say a 1988 modern day Proof Set with a mintage of 101,000. With the many impaired coins out there perfect FDC coins represent good growth potential at affordable price points.
The Perth Mint only produced bronze pennies and half pennies and often lightly lacquered these coins, as a result of this they can often be found in BU condition. The Melbourne Mint produced all the silver issue and some of the bronze issues. Compared to modern proof coins, the earlier versions look rather crude. These coins come from a generation of craftsmen who saw each coin as a miniature work of art.
Some knowledge is required to separate them from normal circulation coins as some of the earlier issues were struck with normal polished dies. One of the difficulties associated with identifying these coins comes from the way they were stored for sale. They were kept loose in a metal drawer, with a layer of felt, so the coins moved every time the drawer was opened and closed for each purchaser, causing some light friction marks and scratches on the high points.