1852 Adelaide Pound


1852 Adelaide Pound about EF rev large B&B April 2018
1852 Adelaide Pound about EF obv large April 2018
1852 Adelaide Pound
COIN
1852 Adelaide Pound
QUALITY
about Extremely Fine
PROVENANCE
Private Collection Queensland
PRICE
$26,500
COMMENTS
The 1852 Adelaide Pound holds a very special place in Australia's history as the nation’s first gold coin struck from 22 carat gold brought from the Victorian goldfields. It was minted at the Government Assay Office in Adelaide. 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 for the industry estimates that 250 examples are available to collectors, across all quality levels. The Adelaide Pound is a valuable coin. Finding an example that doesn’t break the bank can be challenging which is why we are so excited by this coin. The coin has fared extremely well during its time in circulation, is well presented and is offered in a price range that is suitable to most collector's budgets.
STATUS
Available now
1852 Adelaide Pound about EF obv large April 2018
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The prime rule in selecting an Adelaide Pound is to pick a coin that is visually very attractive.

The aesthetics, the look of an Adelaide Pound to the naked eye, is an important part of the selection process. This simple point will really count when, further down the track, it comes time for you to liquidate your coin and realise on your investment.

It must be remembered that the Adelaide Assay Office was opened 166 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 coins 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 1852 Adelaide Pound passes our selection test with flying colours and is as per the photographs shown above and at right.

  It is a coin that you would be proud to show your family and friends. 

  • The coin is graded about Extremely Fine which indicates that it has undergone some circulation with 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. The rigours of circulation have treated this coin very kindly.

This Adelaide Pound is presented in a handsome black presentation case, with accompanying photographs and Certificate of Authenticity.


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