1852 Adelaide One Pound, Type I, one of three known at this choice quality level.
Uncirculated 1852 Adelaide Pound Type I,
the reverse die featuring the beaded inner circle.
Uncirculated 1852 Adelaide Pound Type I,
the reverse die featuring the beaded inner circle.
Uncirculated 1852 Adelaide Pound Type I,
a beautiful strike and lustrous fields
Uncirculated 1852 Adelaide Pound Type I,
a beautiful strike and lustrous fields
This 1852 Adelaide Pound was struck in the very first production run of the nation’s first gold coin. We know this because the coin was struck with the beaded reverse die. It is referred to as the Type I Adelaide Pound.
Today there are about forty coins out of the first run available to collectors and of those, only three examples are known at this quality level, and this coin is one of them.
Government Assay Office Adelaide.
Uncirculated 1852 Adelaide Pound Type I, one of three known at this supreme quality level.
Uncirculated 1852 Adelaide Pound Type I, with exceptional strength in the edges, legend and the crown.
In our experience, there are three known examples in the upper quality levels.
• The Madrid Collection 1852 Adelaide Pound Type I, an Uncirculated and lustrous example from the Madrid Collection of Australian Rare Coins with strong definition in the edges and the crown. The coin offered here.
• The Nobleman 1852 Adelaide Pound Type I, a superb mint state example of the Type I Adelaide Pound.
• The Mortimer Hammel 1852 Adelaide Pound Type I, a lustrous Brilliant Uncirculated example.
Nobleman Type 1 Adelaide Pound
Sold 2023
Hammel Type I Adelaide Pound
Sold 2019
Madrid Type I Adelaide Pound
Available now
In our experience, there are only three known examples in the upper quality levels.
• The Madrid Collection 1852 Adelaide Pound Type I, an Uncirculated and lustrous example from the Madrid Collection of Australian Rare Coins with strong definition in the edges and the crown. The coin offered here.
• The Nobleman 1852 Adelaide Pound Type I, a superb mint state example of the Type I Adelaide Pound.
• The Mortimer Hammel 1852 Adelaide Pound Type I, a lustrous Brilliant Uncirculated example.
Nobleman Type 1 Adelaide Pound
Sold 2023
Hammel Type I Adelaide Pound
Sold 2019
Madrid Type I Adelaide Pound
Available now
Australia’s first gold coin, a One Pound, was struck on 23 September 1852 at the Government Assay Office in Adelaide, South Australia. The first production run of Adelaide Pounds, used an obverse die with a crown and a reverse die with a simple, elegant beaded inner circle. (Shown above)
During the first run, pressure was applied to the edges to ensure that the denticles and the legend were strong. About fifty coins were produced before a crack developed in the die, forcing an interruption to production and the hasty preparation of a replacement die.
Feeling the strain to resume production, Joshua Payne opted for a simpler version of the reverse die, the legend and value in plain lettering. He also changed the design of the inner border, duplicating that already in place on the crown side.
Production was resumed with the second die and a further 24,000-plus coins minted, referred to as the Type II One Pounds.
By using two different dies, Joshua Payne clearly distinguished between those coins struck in the modest first run. And those from the more substantial second run.
And in so doing created a rarity of the highest order. The Gold One Pound struck during the very first production run of the nation's first gold coin, better known as the Type I Adelaide One Pound.
What we know today is that less than forty Type I Adelaide One Pounds are in collector’s hands.
And perhaps six times that figure of the Type II examples. Both rare. But the Type I One Pound excruciatingly rare. And this example, one of the finest of them all.
The enormity of this offer cannot be overstated.
This coin was never given kid gloves treatment during the production process. It was struck in what can only be described as a factory, hammered out and hurled down an assembly line, more than likely into a barrel or bucket.
How this coin survived the production process, and more than one hundred and seventy years later still be in a pristine original state is impossible to fathom.
This is a unique opportunity to acquire an inspiring example of Australia's very first gold coin, offered at a spectacular quality level.
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