Inspiring collectors since 1932…
In 1932, sixteen year old Phil Downie established the Palmerston North Stamp Company in New Zealand. His business quickly grew to support leading stamp collectors across the world.
After moving to Australia in 1938, Phil opened the Myer Philatelic Bureau in 1939. He and his wife Zita traded from the Myer store in Bourke Street, Melbourne. While Phil served in the Australian Army during the Second World War, Zita ran the bureau by herself. Downies’ fledging philatelic business quickly grew to become an Australian industry leader, and eventually expanded into all fields of collectables, including coins and banknotes.
In 1963, Phil launched his auction business. The first public sale of stamps and coins was held at Amethyst Hall in Melbourne, and attracted over fifty bidders. Known today as Downies Australian Coin Auctions (ACA), Downies auction department attracts hundreds of participants to its regular public sales, with collectors attending in person, or bidding online or by post. Australia’s longest running numismatic auction house, Downies ACA will celebrate its 55th anniversary in 2018.
Phil’s son, Ken joined the company in 1977. His vision and passion for numismatics created a greater focus on coins – both new and old. In 1984, Ken introduced the monthly journal Spotlight on Numismatics. In 1988, this became Money, a magazine which is still in print today.
Downies launched retail outlets in Sydney and Melbourne in 1991 and 1994 respectively. This enabled the company to bring an extensive array of items to collectors, and helped to share Downies love of coins with the widest possible audience. Downies ‘personal touch’ also extends to the major Money Expo coin & banknote shows held across Australia. Ken often attends, and continues to share his love of coins and banknotes with numismatic enthusiasts, both young and old.
|Phil Downie at Myer 1955
||Phil and Ken Downie at ACA Sale #200 in 1986
||An early edition of Money magazine 1990
||Catalogue for the Reserve Bank of Australia Gold Auction.
Downies today – and the future…
Downies proud history continues, with a third generation of the family now entering the business. Australia’s largest coin and collectables dealer, we are also the country’s largest distributor for the Royal Australian Mint and Perth Mint. We continue to work hard to cater for the needs of our customers. So whether you are buying a coin for a child’s birthday or sourcing an exclusive Australian rarity, we offer the same care and attention that Phil Downie did back when the company started in 1932.
Welcome to our family of collectors!
Our aim is to help you build the collection you love. We are here to help you with any queries, bring you all the latest releases, as well as to source coins and banknotes for you. Downies’ aim to inspire collectors around the world remains as true today as it was 84 years ago. We hope you enjoy shopping with us.
"Backed by a team whose commitment and professionalism are unmatched in the industry, Downies is a family company with a proud history and a bright future."
Some of our services include…
Rare coin & banknote service
Whether you are looking for that elusive piece you need to complete your collection, or are in need of advice, Downies rare coin and banknote specialists can provide you with expertise and service unrivalled in the industry. Click here to ask for more information.
Mail Order – fast & efficient!
As the world's largest distributor of numismatic products for the Royal Australian Mint and Perth Mint, Downies provides a full mailorder service through our variety of general and specialist publications. Each month, we assemble a wide array of products – most are subject to our Bonus Points Rewards Program – with customers able to order by phone, fax, post and via the web.
Downies has helped to pioneer online services for collectors. We have a complete numismatic service via the web. Underpinned by secure online ordering facilities, our website (www.downies.com) includes a vast array of exciting numismatic and other material, including all the latest releases from Australia and around the globe.
A global powerhouse
Downies is the official representative in Australia for many international mints, including Britain’s Royal Mint, the Royal Canadian Mint, the Austrian Mint and the Mint of Japan. The company attends major numismatic shows worldwide and has gone to great lengths to source the world’s best Australian and international numismatic issues for our customers.