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1860 Sydney Mint Sovereign


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1860-Sovereign-Rev-July-2019
1860 Sydney Mint Sovereign
COIN
1860 Sydney Mint Sovereign
PRICE
$25,000
STATUS
Available Now.
QUALITY
Choice Uncirculated
PROVENANCE
Private Collection Melbourne
COMMENTS
From the day this 1860 Sydney Mint Sovereign was struck, it was destined to become a prized collectible. It is a superb coin to the naked eye and an equally superb coin under a magnifying glass. The striking is sharp, the portrait of Queen Victoria highly detailed. Given that this sovereign was struck in the factory-like conditions of the nation’s first mint, the Sydney Mint, makes the coin even more remarkable. Furthermore, it has been brilliantly preserved, painstakingly wrapped up into a minute parcel in tissue paper, hidden away for decades. The surfaces are excellent. The denticles crisp, the coin still shows its original lustre. Technical shots are shown below.
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1860-Sovereign-Tech-Obv-July-2019

Obverse 1860 Sydney Mint Sovereign 

1860-Sovereign-Tech-Rev-July-2019

Reverse 1860 Sydney Mint Sovereign

A KEY DATE.
Every series has its key dates, those years that are harder to find than others. In the case of the Sydney Mint Sovereign series, the 1860 Sydney Mint Sovereign is one of the great rarities.

The Sydney Mint Sovereign series ran from 1855 until 1870 with the first obverse design appearing between 1855 and 1856 and the second between 1857 and 1870.

Two dates are regarded as the absolute key dates of the second obverse design series they being 1858 and this coin, the 1860.

SUPERB QUALITY. AND A GREAT RARITY.
The value today of any coin is a combination of two elements. The finesse of the striking. And just how well it has been cared for in the intervening years. And this 1860 Sydney Mint Sovereign scores highly on both counts. Brilliant strike. And painstakingly preserved.

The 1860 Sydney Mint Sovereign is an elusive coin in any quality. But the coin on offer here is just not ‘any quality’. This coin is ascribed the higher grading level of Choice Uncirculated. You can count on the fingers of one hand the number of premium quality 1860 Sydney Mint Sovereigns that we have sold.

SYDNEY MINT - OUR FIRST GOLD SOVEREIGN SERIES.
Australia’s gold coinage history began in 1855 with the introduction of the Sydney Mint design.

It was a style that rejected the protocols of London and which imparted a uniquely Australian flavour into the nation’s first official gold coinage.

For the first - and only time - the word AUSTRALIA appeared on our sovereigns.

The Sydney Mint design continued until 1870. In 1871 Australia’s gold coinage took on the more traditional English designs of St George and the Dragon and the Shield.

THIS 1860 SOVEREIGN HAS WIDESPREAD APPEAL
And will appeal to: 

  • The sovereign buyer that targets key dates.
  • The sovereign buyer that seeks out premium quality. Choice Uncirculated Sydney Mint Sovereigns are very rarely offered.
  • The investor. This is a classic numismatic investment piece. Key date and superb quality.
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