World Coin News

Discovery Australian 1916 Mule Halfpenny

On Saturday, Oct. 5 Roxburys’ Auction House in sunny Queensland will feature an example of Australia’s rarest circulation coin: a 1916 mule halfpenny (KM-30). Importantly this is not one of the previously known examples. It is a discovery coin found recently in a tin in a shed on a deceased estate.

The coin has been verified as genuine by PCGS who have certified it as VF35 Gold Shield. This ranks it among the finer known examples.

Less than ten examples of the 1916 mule were known before the new discovery. This makes the mule far rarer than the sought-after Australian 1923 halfpennies, 1930 pennies or 1921/22 over-date threepences. To quote Australia’s Andrew Crellin: “no other [Australian] circulating coin comes even close to it

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