Skip to main content
Go to accessibility notice

    Description

    Seldom Offered 1852 Type 1 Gold Adelaide Pound

    South Australia. British Colony gold Adelaide Pound Type 1 1852 AU58 PCGS, KM1, Fr-1. The exceedingly rare type 1 Variety with two linear circles around the beading on the reverse and a cracked die by the D of DWT. This filing of the die, evidenced by the large die break on the reverse, was the cause of the rarity of the Type 1 Adelaide Pounds, as the reverse die failure caused a new reverse die, of a slightly different design, to be created after very few pieces had been struck from die 1. This is the type with fine edge reeding. Well struck, with considerable remaining original mint luster, and light handling marks. This type is the first true government coin issue, produced by the Adelaide Assay Office, which was very close to the gold fields. There was a tremendous shortage of coin, for trade and exchange, although gold dust and nuggets were in ample supply. The government of South Australia attempted to ease the situation by turning quantities of the gold into useable coin. Unfortunately, this was done before England had given approval to coin money, and, after a very limited mintage, word came from England to stop the production of gold coins, as they noted that the Assay Office was not a legal entity and should not be striking the coins. The Type 1 Adelaide Pounds are extremely rare, and seldom offered. The only recent offering we can reference is the sale of a wide grained example by Noble Numismatics in April 2013 for approximatel $104,000. This piece is considerably nicer than that coin. This is the finest of only 2 examples certified by PCGS.

    Auction Info

    Auction Dates
    January, 2016
    3rd-4th Sunday-Monday
    Bids + Registered Phone Bidders: 2
    Lot Tracking Activity: N/A
    Page Views: 4,440

    Buyer's Premium per Lot:
    17.5% of the successful bid (minimum $14) per lot.

    Sold for: Sign-in or Join (free & quick)

    Heritage membership

    Join Now - It's Free

    VIEW BENEFITS
    1. Past Auction Values (prices, photos, full descriptions, etc.)
    2. Bid online
    3. Free Collector newsletter
    4. Want List with instant e-mail notifications
    5. Reduced auction commissions when you resell your
      winnings 
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Only 2 days left to consign to the 2019 August 15 ANA World's Fair of Money World Coins Platinum Night Auction - Chicago!

    Learn about consigning with us

    Great coins, lovely catalogs, accurate description and grades (whether raw or slabbed).
    M.G. ,
    New City, NY
    View More Testimonials

    HA.com receives more traffic than any other auction house website. (Source: Similarweb.com)

    Video tutorial

    Getting the most out of search

    Recent auctions

    2019 June 6 - 9 Long Beach Expo US Coins Signature Auction - Long Beach
    2019 June 6 - 9 Long Beach Expo US Coins Signature Auction - Long Beach
    REALIZED $8,361,305
    2019 April 25 - 29 Central States World Coins & Ancient Coins Signature Auction - Chicago
    2019 April 25 - 29 Central States World Coins & Ancient Coins Signature Auction - Chicago
    REALIZED $8,021,711
    2019 April 25 - 29 Central States World Currency Signature Auction - Chicago
    2019 April 25 - 29 Central States World Currency Signature Auction - Chicago
    REALIZED $1,927,114