1956 Melbourne Penny PCGS MS65RD
In September 2014, a 1955 Melbourne penny in MS65RD sold at auction for AU$5,760. (I have used a 1955 because there have been no sales of the 1956 in this grade on the open market.) The example on offer here, dated 1956, is a great type coin, with flashy eye appeal and lots of brilliance. It is also worth an extra bonus point on the Set Registry, being the equal-finest graded by PCGS (7/15). If you’re looking for a high-grade, top pop, full red penny but don’t want to compete against other bidders at auction, buy this coin. 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). In September 2014, a 1955 Melbourne penny in MS65RD sold at auction for AU$5,760. (I have used a 1955 because there have been no sales of the 1956 in this grade on the open market.) The example on offer here, dated 1956, is a great type coin, with flashy eye appeal and lots of brilliance. It is also worth an extra bonus point on the Set Registry, being the equal-finest graded by PCGS (7/15). If you’re looking for a high-grade, top pop, full red penny but don’t want to compete against other bidders at auction, buy this coin.