Thank you everyone for your help at least i have some answers now.

Quote from: 'markn' pid='8467' dateline='1361405453'Got a pic of the other side?  Are those letters incuse or in relief?

Hi Markn they are in relief and here is photo of the other side. From what i can make out the letters look like a capital E and a lower case a.

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Quote from: 'Nevol' pid='8474' dateline='1361416076'It looks to me like a 1964 coin with other 'stampings' on it.  An E and then 59 stamped in reverse, and sorry, but I'd have to say it's PMD (Post Mint Damage.)

My apologizes Nevol it is a 1964 coin sorry everyone for the typo.

Hello everyone I inherited a coin collection that has been passed on down the family most of the coins are common australian predecimal coins except for one a 1945 Penny which I believe is an error penny, i had a coin shop owner come and have a look at it for me and he said that he has never seen one like it before, he told me to take it to the Royal Mint in Canberra for identification, being disabled and living in Sydney it is extremely difficult for me to travel to Canberra and I don't turst the mail so I hope someone on this forum can help me with my query as to wether or not this is an error coin, sorry about the quality of the photo's.