1958 Penny Set - Melbourne & Perth Mint - Uncirculated
The 1958 Australian Penny and was minted in both Melbourne (no mintmark) and Perth (Y. or dot after the Y in Penny mintmark).
Melbourne Mint: 10,012
Catalogue value: $50.00
Perth Mint: 14,428
Catalogue value: $45.00
These examples are in beautiful uncirculated grade.
The Australian penny was a small circulating denomination of the Australian Pound. It has the same dimensions and composition as the British pre-decimal penny, from which it is derived (for a time, the coins circulated in parallel and were interchangeable in Australia - but not in the United Kingdom; the currencies were fixed at par). It was worth one twelfth of an Australian shilling and 1/240 of an Australian pound.