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Australia 1978 Frill-Necked Lizard 2 Cent Proof PCGS PR68 DCAM

$59.95
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Description

  • 1978 Australian 2 cent proof featuring Stuart Devlin’s frill-necked lizard
  • Certified PCGS PR68 DCAM, with Deep Cameo contrast
  • Arnold Machin portrait of Queen Elizabeth II on the obverse
  • Bronze composition; 21.59 mm diameter and plain edge
  • Individual coin in a PCGS holder, certification 30891178

Stuart Devlin’s frill-necked lizard gives the Australian two-cent piece its unmistakable silhouette, with the raised frill and curling tail arranged beside the numeral 2. On this 1978 proof, the bronze composition and Deep Cameo designation offer a different presentation from the familiar coins once found in everyday change. The opposite side bears Arnold Machin’s portrait of Queen Elizabeth II, framed by the country name and date.

Issued within the Royal Australian Mint’s 1978 six-coin proof year set, this individual example is now certified PCGS PR68 DCAM. The numerical grade describes its condition, while DCAM identifies strong contrast between frosted devices and reflective fields on both sides. For an Australian decimal collection centred on design and carefully graded proof coinage, add this frill-necked lizard at FORTYMILLION.

Specifications

Country Australia
Year 1978
Denomination 2 cents
Mint Royal Australian Mint, Canberra
Composition Bronze: 97% copper, 2.5% zinc and 0.5% tin
Nominal weight 5.20 g
Diameter 21.59 mm
Shape and edge Round; plain edge
Strike Proof
Obverse Queen Elizabeth II; Arnold Machin portrait
Reverse Frill-necked lizard and numeral 2; Stuart Devlin
Grading service and grade PCGS PR68 DCAM
Certification 30891178
PCGS coin number 393012
PCGS population snapshot 29 at PR68 DCAM. Merchant-supplied figure as at 28 October 2026; subject to change.
Original issue 1978 six-coin proof year set: 1c, 2c, 5c, 10c, 20c and 50c
Reported proof-set issue 38,513, as listed by Numista and Coins and Australia. Published totals vary; this is not asserted as an independently verified exact production total.
Offered item One individually slabbed coin, not the complete proof set

The supplied PCGS population snapshot records 29 at PR68 DCAM as at 28 October 2026. This is a grading-report count, not the original mintage or the total number of surviving coins. Population figures can change and do not establish that only 29 examples exist. View the PCGS Population Report for Australian 2 cent proofs (opens in a new tab).

The two-cent denomination was introduced with decimal currency on 14 February 1966. Withdrawal from circulation commenced in February 1992. This coin is a collector proof, distinct from the circulation issue. Read the Royal Australian Mint’s two-cent history and nominal specifications or view the 1978 proof-set reference (links open in new tabs).

 

Understanding Cameo and Deep Cameo

Cameo describes the visual contrast between frosted design elements, also called devices, and reflective fields, the flatter background areas. It is separate from the numerical grade: PR68 describes condition, while DCAM describes contrast.

Designation Meaning
No Cameo designation A proof coin that does not meet the service’s Cameo or Deep Cameo contrast requirements; it can still carry a high numerical grade.
CAM, Cameo Light to moderate frosting on the devices against reflective fields on both sides.
DCAM, Deep Cameo Deep, even frosting against reflective fields on both sides; the higher of PCGS’s two Cameo contrast designations. This coin carries DCAM.
NGC Ultra Cameo NGC’s corresponding terminology for strong proof contrast; the services apply their respective standards.

Read the PCGS explanation of designations (opens in a new tab).

 

The Sheldon Grading Scale

The Sheldon Grading Scale is a 70-point numerical system used by grading services such as PCGS and NGC to assess coin condition. Originally developed for early United States large cents, it was later adapted for wider numismatic use. Not every integer is assigned a grade. These summaries are adapted from PCGS standards; grade 68 is highlighted for this PR68 DCAM coin.

Numeric grade Code Grading summary
70 MS / PR Fully struck and lustrous, free of visual marks under PCGS standards; minor as-minted defects may be permitted if they do not affect eye appeal.
69 MS / PR Virtually as struck, with minuscule imperfections; near-full strike.
68 MS / PR Virtually as struck, with slight imperfections; slight strike weakness permitted. This coin is certified PCGS PR68 DCAM.
67 MS / PR Minor imperfections and a very good strike.
66 MS / PR Few minor marks or hairlines outside focal areas; good strike.
65 MS / PR Minor marks or hairlines, none in focal areas; above-average strike.
64 MS / PR Few marks or hairlines, or a couple of more severe ones; average or better strike.
63 MS / PR Moderate number or size of marks or hairlines; strike may not be full.
62 MS / PR No wear; fewer heavy marks or hairlines than grade 61; strike may not be full.
61 MS / PR No wear; multiple heavy marks or hairlines; strike may not be full.
60 MS / PR No wear; many heavy marks or hairlines possible; strike may not be full.
58 AU Full detail with only slight friction on high points.
55 AU Full detail with friction on less than half the surface, mainly high points.
53 AU Slight flatness and loss of lustre on design high points; some lustre remains.
50 AU Full detail with friction over most of the surface and slight flatness on high points.
45 XF / EF Complete detail with some high points flat.
40 XF / EF Complete detail with most high points slightly flat.
35 VF Complete but worn detail; high points flat.
30 VF Almost complete detail with flat areas.
25 VF More definition in detail and lettering than grade 20.
20 VF Some definition of detail; full, sharp lettering.
15 F More recessed detail than grade 12; sharp lettering.
12 F Some deeply recessed detail; sharp lettering.
10 VG Worn design with slightly clearer detail than grade 8.
8 VG Worn design with slight detail.
6 G Complete rims, flat detail and full peripheral lettering.
4 G Slightly worn rims, flat detail and nearly full peripheral lettering.
3 AG Worn rims; most lettering readable though worn.
2 FR Mostly worn, with some visible detail.
1 PO Identifiable date and type.

MS means Mint State, describing condition without circulation wear. PR (PCGS) or PF denotes Proof, a method of manufacture, not an automatic claim of perfect condition. Proof coins can show wear and receive lower numerical grades. Handling or bag marks alone do not establish circulation wear. Read the PCGS grading standards (opens in a new tab).

 

Q. What does PR68 DCAM mean?
A. PR identifies a proof, 68 is its numerical condition grade, and DCAM means Deep Cameo contrast. Grade and contrast are separate assessments.

Q. Is this a silver coin?
A. No. It is bronze, composed of 97% copper, 2.5% zinc and 0.5% tin.

Q. Does PR68 mean flawless?
A. No. Slight imperfections are permitted under the grading standards. Proof manufacture does not guarantee grade 70.

Q. Is the complete 1978 proof set included?
A. No. This listing is for one individually PCGS-graded 2 cent proof coin.

Q. How many were issued?
A. Numista and Coins and Australia report 38,513 for the 1978 proof-set issue. Other published figures differ, so this listing does not present that figure as an independently verified exact production total or as a PCGS population.

Specifications

  • Mint
    Royal Australian Mint
  • Issuing country
    Australia
  • Year of issue
    1978
  • Denomination
    2 cents
  • Series
    Australian Decimal Proof Coinage
  • Designer
    Stuart Devlin (reverse); Arnold Machin (obverse)
  • Metal
    Bronze
  • Purity
    97% copper, 2.5% zinc, 0.5% tin
  • Weight per coin
    5.20 g (nominal)
  • Diameter
    21.59 mm
  • Condition
    Excellent Mint Condition
  • Quality
    PCGS PR68 DCAM
  • Strike type
    Proof
  • Finish
    Proof; Deep Cameo (DCAM) designation
  • Mintage
    Reported 1978 proof-set issue: 38,513; published totals vary
  • Obverse effigy
    Queen Elizabeth II, Arnold Machin portrait
  • Design theme
    Australian frill-necked lizard
  • Special features
    Plain edge; PCGS coin number 393012; Deep Cameo contrast designation
  • Grading service
    PCGS
  • Grade
    PR68 DCAM
  • Packaging
    PCGS holder; certification 30891178
  • Product use
    • Collectible/numismatic
  • Product classification
    • Numismatic Collectable
  • Construction
    • Solid

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