The Marcus Clark, 1860 Aborigine Threepence


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The Marcus Clark, 1860 Aborigine Threepence
COIN
The Marcus Clark, 1860 Aborigine Threepence
QUALITY
Struck in silver and presented in mint state, with proof-like surfaces.
PROVENANCE
Sir Marcus Clark K.B.E, sold by James R. Lawson Auctioneers 1954. Exhibited, 'The Dollars & Dumps' Exhibition ANZ Gothic Bank Melbourne, 2007.
PRICE
$75,000
COMMENTS
A Holey Dollar. A Cracked Die Adelaide Pound. An Adelaide Pound Type II. And an Aborigine Threepence. That is an impressive collection of Australian colonial coin rarities. Now, let us talk about the Montagu Holey Dollar. The Mortimer Hammel Cracked Die. The Eliasberg Adelaide Pound Type II. And the Marcus Clark Aborigine Threepence. We are talking about very specific coins here and suddenly, we have raised the calibre of the entire collection to a totally new sphere. These coins are the very best of their kind indelibly linked to their former owners. They are industry icons. And they set the benchmark for quality. The person who acquires this Aborigine Threepence will take their place in history, permanently associating themselves with both the coin and the famous Marcus Clark name.
STATUS
Available now
1860-Aboriginal-Threepence-obv-FDC-July-2019
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We have always held the 1860 Aborigine Threepence in the highest regard.

It is the earliest representation of an indigenous person to appear on Australian currency. it is a piece of cultural significance. And national significance.

Furthermore, it is rare. Only eight pieces are known.

But, the Marcus Clark Aborigine Threepence is in a class all on its own. It is the finest example of the Aborigine Threepence, mint state and proof-like.

The first public appearance of this Aborigine Threepence occurred in July 1954 when James R. Lawson Auctioneers sold the collection of the late Sir Marcus Clark.

His 1860 Aborigine Threepence was placed in the sale alongside his Holey Dollar and Dump, such was the respect with which it was held.

Selling for £38, the Aborigine Threepence fetched more than twice that of Clark's Extremely Fine Dump that sold for £18. (The Dump is today held with a Coinworks client residing in Perth and is valued in excess of $100,000.)

At £38, the Aborigine Threepence fetched nearly double that of Clark's Extremely Fine 1852 Adelaide Pound Cracked Die (£20) which today would be valued at $150,000-plus. (We have an Extremely Fine Cracked Die coming up next week for $150,000.)

The potential of the Aborigine Threepence is further highlighted by the realisation of Sir Marcus Clark's Ferdinand VII Holey Dollar in the same 1954 Lawson Auction.

The Holey Dollar, struck on an 1809 Ferdinand VII silver dollar sold for £72. (That very same coin was sold by Coinworks in 2018 for $440,000.)

Marcus Clark's Aborigine Threepence was auctioned again 27 years later, and in a fiercely contested bidding war, sold for $23,000 on a pre-auction estimate of $12,500.

A more recent auction appearance occurred in July 2005. The front cover item of a 400-page catalogue, it stirred up serious buyer interest selling for $92,000 against a pre-auction estimate of $75,000.

The 1860 Aborigine Threepence was minted by jewellers Julius Hogarth and Conrad Erichsen. Scandinavian citizens, Hogarth was a sculptor and silversmith. Erichsen an engraver.

Both migrated to Australia to make their fortunes on the gold fields reaching Sydney on 11 December 1852.

Failing to realise their ambitions, they utilised their skills and went into partnership as silversmiths opening their first enterprise at 255 George Street Sydney.

The firm quickly gained a reputation in the development of ‘Australiana’ themed decoration on metalwork and jewellery, which actively promoted the use of indigenous Australian floral and faunal elements and indigenous figures.

Hogarth & Erichsen achieved great success during the 1850s notably through the vice-regal patronage of Governors Young and Denison.

The works of Hogarth and Erichsen are revered and are held by the following institutions, to name but a few.
•    The National Library of Australia, Canberra
•    The National Gallery of Australia, Canberra
•    The National Gallery of Victoria, Melbourne
•    The Powerhouse Museum, Sydney

Hogarth & Erichsen were numismatic trailbllazers when in 1860 they created the Aborigine Threepence.

It would be another 128 years before Australia would acknowledge the contribution of Indigenous Australians to our society when a portrait of a tribal elder appeared on the nation's Two Dollar coins created especially for the Bicentenary in 1988.

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