Delve into the rich tapestry of Australian numismatics with the 1931M Indian Obverse Dropped 1 Penny, rated obverse XF45/reverse AU55, equal 2nd highest sighting - very rare coin which hails from the era of pre-decimal currency. PCGS witnessed 0MS/33BN lower. The Indian Obverse Dropped 1 variety  adds uniqueness to one’s collection. No MS grade sighted by PCGS. We draw attention to the Orb and11Dots below, which are stronger than those generally depicted on comparable worn coins. It’s believed the Mint run was 500 with perhaps still 50 available. PCGS highest sighting 1/AU58BN - this coin was auctioned less than 12 months ago with an asking price exceeding $55K passed in.

This coin is rarer than the famed 1930 Penny which at this rated grade would be above $35k -  PCGS sightings number 109BN/1/30RB all below MS.