Current Bid:
$14,000
Bid Protection
w/ Buyer's Premium (BP) : $16,450.00 Minimum Next Bid: $15,000 ($17,625.00 w/ BP)

    Description

    The First Gold Coinage of Australia

    South Australia. British Colony - Victoria gold "Adelaide" Pound 1852 MS62 NGC, KM2, Fr-3. Type II reverse. An exceptional representative of this scarce gold type that was issued by the Assay Office in Adelaide--a town of importance based on its proximity to the gold fields. Containing full-bodied flash that easily cascades both sides and deeply impressed designs that retain a pleasing sharpness throughout. As is indicated in the SCWC, this denomination had an initial reported mintage of 25,000; however, a substantial amount of that original number was melted as the gold content surpassed its face value. To confirm this, recent reviews of auction records produce a limited amount of examples to compare, and the census reports of NGC and PCGS reveal less than 15 pieces certified finer, with only 54 graded in total. An exciting issue that is beautifully designed and in a solid, coveted state of preservation.

    Estimate: $25,000 - $35,000.

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    Auction Info

    Proxy Bidding Ends
    April
    7th Friday 5:50 pm CT
    Auction Dates
    April
    7th-10th Friday-Monday
    Proxy Bidding Time Remaining
    15 Days 14h 41m 25s
    Bids + Registered Phone Bidders: 2
    Lot Tracking Activity: 38
    Page Views: 563

    Buyer's Premium per Lot:
    17.5% of the successful bid (minimum $19) per lot.

    This lot is in: 1 - Signature® Floor Session (Live Floor, Live Phone, Mail, Fax, Internet, and Heritage Live):
    (Lots 30001-30541) - 6:00 PM Central Time, Friday, April 7, 2017.
    (Proxy bidding ends ten minutes prior to the session start time. Live Proxy bidding on Heritage Live starts 24 hours before the live session begins and continues through the session.)

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    Additional Location Info:

    Chicago Cultural Center
    78 E. Washington Street
    Chicago, IL 60602