1942 Perth Halfpenny - PCGS MS64BN

Australia, 1942 Perth Halfpenny -

The coin photographed above is only the second 1942P halfpenny I’ve had in stock in the two years ending December 2013. The date is rare, there’s no doubt about it, and the market seems to have finally cottoned on. In the broader market, PCGS MS63RB examples have regularly sold for several hundred dollars (the last in September 2012), while a PCGS MS65BN example sold for $15,500 in August 2013. That is not a typo. Now, if you don’t have the money or inclination to pay $15,500 for an MS65BN, the coin photographed above, graded PCGS MS64BN, is the next best thing. Being the only MS64BN I’ve seen on the market in years, it is difficult to value, but if an MS65BN is worth $15,500, then an MS64BN has got to be worth at least $950, as above. Buy this coin if you’d like a good balance between price and grade.