1959 Melbourne Proof Penny PCGS PR64RD
How often do you find a 1959 Melbourne proof penny with full red? Not often at all, but don’t take my word for it. According to the PCGS Population Report, PCGS has certified 59 examples of the 1959 Melbourne Penny, but as of September 2013, only four have graded with a full Red designation. Of those four, three graded PR64RD (as has the coin above) and one graded PR66RD. Make no mistake: This is a rare coin deserving of a high price, and would sell strongly at auction. Please call +61 421 229 821 to discuss. 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). How often do you find a 1959 Melbourne proof penny with full red? Not often at all, but don’t take my word for it. According to the PCGS Population Report, PCGS has certified 59 examples of the 1959 Melbourne Penny, but as of September 2013, only four have graded with a full Red designation. Of those four, three graded PR64RD (as has the coin above) and one graded PR66RD. Make no mistake: This is a rare coin deserving of a high price, and would sell strongly at auction. Please call +61 421 229 821 to discuss.