1929 Centenary of Western Australia Coin: Complete Guide to History, Design, Value, and Collectibility
Introduction
The 1929 Centenary of Western Australia Coin is a timeless tribute to the pioneering spirit that shaped the vast and rugged west of Australia. As one of the earliest Australian commemorative coins, it holds a significant place in the hearts of historians, collectors, and investors.
Through this comprehensive guide, we will journey through the coin’s fascinating history, detailed design elements, minting process, current market trends, investment strategies, and much more.
Whether you are a seasoned numismatist or a curious history enthusiast, this article is your ultimate resource on the 1929 Western Australia Centenary Coin.
Table of Contents
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Origins of Western Australia
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The Idea Behind the 1929 Centenary Celebrations
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Why a Commemorative Coin?
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Minting the Coin: A Detailed Overview
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Design Elements and Symbolism
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Technical Specifications
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Limited Mintage and Melted Coins
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Rarity and Survivability
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Current Value and Price Trends
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Authentication and Grading
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Investment Potential and Market Insights
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How to Buy a Genuine 1929 WA Centenary Coin
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Selling Your Coin: Best Practices
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Caring for Your Coin Collection
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Frequently Asked Questions (FAQs)
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Comparing with Other Early Australian Commemoratives
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Notable Auction Results and Records
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Stories from Collectors
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Trivia and Interesting Facts
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Final Thoughts: The Enduring Legacy
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1. Origins of Western Australia
Western Australia, the largest state on the Australian continent, was founded in 1829 with the establishment of the Swan River Colony. Captain James Stirling led the settlers, seeking to create a free, thriving colony unlike the penal settlements elsewhere.
The swan, an animal indigenous to the region, became synonymous with Western Australia's identity, symbolizing beauty, strength, and adaptability.
2. The Idea Behind the 1929 Centenary Celebrations
In 1929, Western Australia celebrated its 100th anniversary with grand events:
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Parades
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Dinners
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Art exhibitions
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Sporting events
Commemorative medals, stamps, and notably, the Centenary Coin were released to mark this milestone.
3. Why a Commemorative Coin?
The idea of issuing a coin came from a broader trend of marking national milestones through coinage. Following the success of the 1927 Parliament House Florin, the government and the Perth Mint collaborated to create a coin to symbolize Western Australia’s pride and progress.
4. Minting the Coin: A Detailed Overview
Authorization
Approval for minting was obtained from the Commonwealth government. The coin would be:
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A circulating legal tender
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Primarily a collector’s item
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Minted in sterling silver
The Perth Mint’s Role
The Perth Mint, established in 1899, was chosen due to its expertise in precious metals and its location within Western Australia.
5. Design Elements and Symbolism
Obverse: Portrait of King George V
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Design by Sir Bertram Mackennal
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King facing left
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Inscription: "GEORGE V KING EMPEROR"
Reverse: The Black Swan
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Designed by George Kruger Gray, a celebrated British coin designer.
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Central image: A graceful black swan gliding over rippled water.
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Inscriptions: "WESTERN AUSTRALIA - 1829-1929"
Symbolism
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The swan: Represents Western Australia’s unique identity.
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The water ripples: Symbolize change, progress, and continuity.
6. Technical Specifications
| Feature | Detail |
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| Metal | 92.5% Silver, 7.5% Copper |
| Diameter | 28.5 mm |
| Weight | 11.31 grams |
| Edge | Milled |
| Issuing Mint | Perth Mint |
| Total Mintage | 200,000 coins |
7. Limited Mintage and Melted Coins
Despite producing 200,000 coins, the public demand was disappointingly low. As a result:
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Many coins remained unsold.
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Unsold coins were recalled and melted.
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Estimated survivors: Between 25,000–50,000 coins today.
8. Rarity and Survivability
The rarity of the 1929 WA Centenary Coin stems from:
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Initial low uptake
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High melt rate
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Losses over time due to damage
High-grade specimens are exceptionally rare and command significant premiums.
9. Current Value and Price Trends
Current Market Values (Approx.)
| Grade | Price Range (AUD) |
|---|---|
| Fine (F) | $200 - $400 |
| Very Fine (VF) | $450 - $750 |
| Extremely Fine (EF) | $800 - $1,600 |
| About Uncirculated (AU) | $2,000+ |
| Uncirculated (UNC) | $3,500 - $7,000 |
| Proof | $15,000+ |
Price Trends
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Steady rise over the past 20 years
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Particularly sharp increases for top-grade coins
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Proof coins achieve record prices at auctions
10. Authentication and Grading
How to Authenticate
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Check diameter and weight precisely.
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Look at the details of the swan (sharpness, clarity).
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Verify edge milling and inscriptions.
Top Grading Companies
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PCGS
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NGC
Certified coins always command higher prices and buyer confidence.
11. Investment Potential and Market Insights
Investing in this coin is a smart move because:
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Increasing demand from local and international collectors
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Decreasing supply (due to hoarding and museum acquisitions)
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Solid intrinsic silver value
Experts recommend focusing on AU and UNC graded coins for best long-term returns.
12. How to Buy a Genuine 1929 WA Centenary Coin
Trusted Sources
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Reputable numismatic dealers
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Authorized auction houses (e.g., Noble Numismatics)
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Certified e-commerce platforms like Heritage Auctions or Coins Australia
Tips for Safe Buying
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Always seek certification.
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Compare multiple sellers.
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Check refund policies.
13. Selling Your Coin: Best Practices
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Have your coin graded and certified.
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Offer through major auction houses.
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Use detailed, professional photos for online sales.
Timing sales during periods of high demand (e.g., major anniversaries) can yield better returns.
14. Caring for Your Coin Collection
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Store in archival-safe holders.
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Maintain stable humidity (around 40%-50%).
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Keep away from direct sunlight.
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Handle coins with cotton gloves.
Never attempt cleaning — it can ruin value permanently!
15. Frequently Asked Questions (FAQs)
Q: Was the 1929 Centenary Coin used for everyday transactions?
Technically yes, but most were kept as souvenirs rather than circulated.
Q: How many proof examples exist?
Fewer than 15 proof coins are confirmed.
Q: Why is the black swan important?
It represents Western Australia's unique natural heritage.
16. Comparing with Other Early Australian Commemoratives
| Coin | Year | Focus |
|---|---|---|
| Parliament House Florin | 1927 | National Government |
| Western Australia Centenary Coin | 1929 | Regional Heritage |
The WA Centenary Coin stands out for its regional pride and graceful artistic design.
17. Notable Auction Results and Records
| Year | Grade | Sale Price (AUD) |
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| 2018 | Proof | $18,500 |
| 2020 | UNC | $6,750 |
| 2023 | AU58 | $3,250 |
Prices have steadily climbed due to the coin's increasing rarity.
18. Stories from Collectors
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Some collectors recount discovering coins in old family estates.
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Others paid under $50 decades ago — and now their coins are worth thousands.
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One WA resident claims to still possess a coin given to his grandfather during the centenary festivities.
19. Trivia and Interesting Facts
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The black swan on the coin inspired many later state emblems and corporate logos in WA.
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Early advertising for the coin called it "A piece of history in your pocket."
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One coin was gifted to the Prince of Wales in 1930.
20. Final Thoughts: The Enduring Legacy
The 1929 Centenary of Western Australia Coin is more than metal — it encapsulates a century of exploration, hardship, and triumph. Its beauty, historic significance, and investment potential make it one of Australia's most important numismatic treasures.
Whether you seek financial growth, historic connection, or artistic admiration, this coin offers enduring rewards.
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