A family business since 1932!
In 1932, a 16-year-old visionary named Phil Downie laid the foundation of what would become a symbol of trust and passion in the world of collecting. He founded the Palmerston North Stamp Company in New Zealand, inspiring stamp collectors worldwide. But that was just the beginning…
A fresh start in Australia
Relocating to Australia, Phil and his wife Zita opened the Myer Philatelic Bureau in 1939 in Melbourne's bustling Bourke Street. The bureau flourished under their care, evolving from a stamp-focused venture into a treasure trove of collectables, including rare coins, banknotes and militaria. Downies became a multi-generational family business when Phil’s son Ken joined the company in 1977. Ken’s vision and passion for numismatics created a greater focus on coins, both new and old.
Pioneering numismatic auction house
1963 marked the birth of Downies' auction business, Australia’s longest running numismatic auction house! A groundbreaking venture that transformed the company into Australia’s go-to numismatics hub. Today, Downies Australian Coin Auctions (ACA) is a celebrated name, known for its exciting quality auctions that attract enthusiasts both in-person and online. In 2005, Downies was appointed by the Reserve Bank of Australia to auction its entire collection of rare gold coins, in the most famous sale of its kind in Australian numismatic history.
Australia’s Numismatic authority
In 1977 Phil’s son, Ken Downie, took the helm of the company infusing a fresh energy and vision. Ken introduced the publication 'Spotlight on Numismatics' in 1984, now known as the revered 'Money' magazine. A monthly publication that features everything from the most innovative new coins from Australia and around the world, ancient numismatic treasures, and fascinating collectables this eagerly awaited publication is a testament to our commitment to numismatic education and history. They’re even archived by the State Library of Victoria…
The best online shopping for numismatics and collectables!
Still a family business today, Downies continues to bring treasure hunters a world of fascinating collectibles. Browse our newly refreshed website for a safe and thrilling shopping experience - discover the very best online collection of coins, subscriptions, banknotes, model cars, books, militaria, collectables and more. Whether you are looking for ancient coins, or the latest issues from Australia and the world’s top mints you will find it right here. Browse our new releases and discover your passion!