1931 Dropped "1" Penny with Indian obverse PCGS VF0 Details
A key Australian penny that is rarer than the famous 1930 penny, yet a fifth of the price. The present coin, certified authentic by PCGS, was not graded because of environmental damage to the surfaces. While problem-free examples cost over $4,000, the coin photographed above has been priced favourably and is an ideal option for the collector on a budget. Professional Coin Grading Service is the global leader in coin authentication and grading. With over 60 million coins graded and counting, PCGS is trusted by collectors, dealers, and investors to certify authenticity, protect value, and elevate market confidence. This is a direct conversion of the 70-point PCGS grade to a 10-point scale, intended to present the grade in a more intuitive format for newer collectors. It is not our personal opinion or an attempt at regrading the coin to a different standard. To understand how the 70-point scale converts to a 10-point scale, [click here](https://drakesterling.com/en/page/the-ten-point-coin-grading-scale).