1852 Adelaide Pound Type II


1852 Adelaide Pound Type II EF obv B&B January 2018
1852 Adelaide Pound Type II EF rev B&B January 2018
1852 Adelaide Pound Type II
COIN
1852 Adelaide Pound Type II
QUALITY
Extremely Fine
PRICE
$29,500
COMMENTS
The 1852 Adelaide Pound was struck at the Government Assay Office in Adelaide from 22 carat gold brought from the Victorian goldfields. It is the nation's very first gold coin. The first tip for buyers of Adelaide Pounds is to work through a budget beacuse the coins come in a range of qualities and a range of prices. The second tip for buyers. Irrespective of the budget, always select an Adelaide Pound that is visually very attractive. Take in the design elements, the crown in particular. Take a close look at the legend, the edges and the fields. Bottom line is that you should acquire a coin that you would be proud to show your family and friends. The coin that we are offering fits those protocols perfectly and is as per the photographs above and at right.
STATUS
Sold February 2018
1852 Adelaide Pound Type II EF rev B&B January 2018
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The Adelaide Assay Office was opened 165 years ago as a refinery to strike gold ingots.

Except for ensuring the accuracy of the weight and purity of the gold in the coin, there was minimal care regarding the overall striking and the eye appeal of the coin.

Gold is a relatively soft metal and the rigours of circulation have treated many Adelaide Pounds harshly.

The coins were to be used as currency, traded in commerce. Not preserved as collectables.

Which is why we apply strict protocols in the selection of Adelaide Pounds for our clients.

  • This Adelaide Pound is graded Extremely Fine which indicates that it has undergone minor circulation. There is slight wear to the high points.
  • The coin has strength in the edges. And the legend 'Government Assay Office' is strong. History records that the striking of the Adelaide Pound was fraught with problems. Pressure cracked the first die. Relaxing the pressure on the second die, while it increased the design detail in the crown, interfered with the execution of the edges and the legend 'Assay Office'. Many examples struck with the second die show weakness in the edges, with some areas of the legend almost non-existent.
     
  • The final scrutiny involves the fields. Buyers should reject those Adelaide Pounds that have strong and unsightly gouges. You will note from the photographs there are minimal marks in the fields of this coin.

This 1852 Adelaide Pound is accurately graded Extremely Fine and follows our rule, 'It is a coin that you would be proud to show your family and friends'.


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