1852 Adelaide Pound

The 1852 Adelaide Pound, obverse.

The 1852 Adelaide Pound is the nation’s first gold coin, struck at the Government Assay Office in Adelaide from 22 carat gold brought from the Victorian goldfields.

Its historical standing, as Australia's first gold coin, ensures that it will always be sought after and underpins its investment value.

Its investment value is also preserved by its rarity. The industry estimates that just 200 examples are available to collectors, across all quality levels.

The first tip for buyers of Adelaide Pounds is to work through a budget because the coins come in a range of qualities and a range of prices.

Irrespective of the budget, buyers should always select an Adelaide Pound that is visually very attractive.

Take in the design elements and especially the crown which is a feature of the obverse. Take a close look at the edges, the fields and the legend.

Bottom line here, is that you should acquire a piece that you would be proud to show your family and friends, one that has an heirloom feel about it.

The 1852 Adelaide Pound, reverse.

The aesthetics, the look of an Adelaide Pound to the naked eye, is an important part of the selection process.

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 gold in the coin, there was minimal care regarding the overall striking and the eye appeal of the coin.

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

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

This Adelaide Pound passes our selection criteria in every respect. It is indeed a coin that you would be proud to show your family and friends.