This 1888 Proof Sovereign is flawless and has been struck to the highest quality standards. Furthermore it is of the utmost rarity. We know of only one other quality example of this date.
And price watchers please note that the coin is being offered at a never-to-be-repeated price of $88,000.
The Royal Australian Mint struck its first decimal gold proof coin for collectors in 1980.
But it has to be said that the striking of gold proof coins in Australia is not a decimal phenomenon. The nation’s mints were striking proofs of our pre-decimal gold coinage in the nineteenth and twentieth centuries and the intention was then, as it is today, to create limited mintage collector coins struck to the highest quality standards.
But with two very glaring differences.
The rarity of gold pre-decimal proof coins in today’s market is the very reason why they are the choice of investors.