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1882 Young Head Half Sovereign, Sydney Mint


1882 Sydney Mint Half Sovereign YH Shield Brilliant Unc obv B & B October 2018
1882 Sydney Mint Half Sovereign YH Shield Brilliant Unc rev B & B October 2018
1882 Young Head Half Sovereign, Sydney Mint, ex Quartermaster Collection
COIN
1882 Young Head Half Sovereign, Sydney Mint, ex Quartermaster Collection
PRICE
$35,000
STATUS
Available now
QUALITY
Brilliant Uncirculated
PROVENANCE
The famed Quartermaster Collection
COMMENTS
Dealers and collectors alike know the 'rare' dates in the Australian coin series and can reel them off at the drop of a hat. And the 1882 Half Sovereign struck at the Sydney Mint is an icon of the Australian Young Head Half Sovereign series. The coin is excruciatingly rare.
1882 Sydney Mint Half Sovereign YH Shield Brilliant Unc rev B & B October 2018
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We note that in our 45+ years of involvement in the industry we have handled only one other top quality 1882S Half Sovereign.

The mintage for that year was a mere 52,000 coins. A clear explanation as to its rarity out in the market place.

Particularly when you consider that one year later, in 1883, the Sydney Mint issued 220,000 half sovereigns.

This half sovereign was acquired from London coin company, Knightsbridge coins, one of the most well connected numismatic dealers in the U.K., U.S. and Europe. And a gold coin specialist.

Sold to Barrie Winsor, it was later acquired by the  Quartermaster Collection.

 

1882 - and what a year it was. Gold continued to be discovered in Australia with a new find at Mount Morgan, Queensland. The Methodist Ladies' College, opened in Melbourne, with W. H. Fitchett as principal.  Prince Alfred Hospital opened in Sydney and the Austin Hospital opened in Melbourne. Wharf labourers in Sydney began an unsuccessful four-week strike to increase their hourly rate from 1s to 1s 3d. Adelaide and Port Augusta were connected by rail and the Australian Electric Co. exhibits electric light in Melbourne and illuminates Spencer Street Station.

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