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1 Dollar - Elizabeth II Australian 1930 Penny
| Issuer | Tuvalu |
|---|---|
| Year | 2005 |
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| Composition | Log in to see details |
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| Technique | Milled |
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| Obverse description | The third effigy of Queen Elizabeth II, modelled by Raphael David Maklouf, depicted as a right-facing draped bust adorned with the King George IV State Diadem, earring, and necklace. The portrait is rendered in high relief against a deeply mirrored proof field. The peripheral legend reads QUEEN ELIZABETH II arcing above and 1 DOLLAR TUVALU 2005 arcing below, with the engraver's initials RDM visible on the obverse field. |
|---|---|
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| Reverse script | Latin |
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| Additional information |
This issue commemorates the Australian 1930 penny, the most famous rarity in Australian numismatics. The Melbourne Mint struck a small number of pennies in 1930 during the Depression, having received no official order for that year — the exact mintage remains disputed, with estimates ranging from a few hundred to just over 1,500 pieces. Survivors were largely preserved by collectors who recognized their scarcity almost immediately.
Tuvalu's licensing of Australian numismatic themes for silver dollar issues was a consistent revenue strategy through the 2000s, producing collector pieces with no circulation function whatsoever.