1970s VTG Australian Bolo Neck Tie Bronze Australian Penney

Description

Vintage. New Old Store Stock.  Bolo neck tie with a Bronze Australian penny 1959: Note penny by its self is worth $33.99;  in mount $44.99. Very well made. Never worn and in excellent condition.

Unisex Bolo Tie, Necktie Necklace, Neat vintage 1970’s. Bolo Bronze Australian penny KG 1959.  Material is Bronze.  The artist was George Kruger Gray are above the tip of the tail.  Woven black and white vinyl cordage. The tips are silver metal color. Incased in a silver metal color decorative round holder. It is held in place with two screws and clip back to hold it on the vinyl cording.   And in a gift box.

Penny showcases Kangaroo leaping to the left; around above, AUSTRALIA; around below, the denomination PENNY.  The seven pointed Federation star is in the field to the left of the kangaroo and the date 1959 is in the field below its tail. The artist’s initials KG (for [George] Kruger Gray) are above the tip of the tail.

The dot after the denomination is the mint mark for the Perth Mint on this issue: PENNY. (listed as “Y.” in catalogues). Melbourne Mint coins have no mint mark.

The Australian penny coin was a small circulating denomination of the Australian Pound. It has the same dimensions and composition as the British pre-decimal penny, from which it is derived (for a time, the coins circulated in parallel and were interchangeable in Australia – but not in the United Kingdom; the currencies were fixed at par). It was worth one twelfth of an Australian shilling and 1/240 of an Australian pound.

The reverse of the first type of Australian penny coins featured text only. In 1938, this new design by George Kruger Gray superseded it – featuring the iconic leaping kangaroo.

Coins issued in 1959 were withdrawn at decimalisation in 1966 after seven years in circulation, but have never been formally demonetised and are still legal tender.

Items that I sell that are marked vintage, antique or collectible may show some signs of wear to the original boxes or original package when available. See pictures for detail. All of my items come from a smoke-free environment. I do combine shipping on multiple items.