Auronum

Live prices
  • Gold £1,893.21 oz -0.68%
  • Silver £22.55 oz -1.37%
  • Platinum £796.59 oz -0.88%
Gold -0.68%
£1,893.21 oz
Silver -1.37%
£22.55 oz
Platinum -0.88%
£796.59 oz
Gold -0.68%
£1,893.21 oz
Silver -1.37%
£22.55 oz
Platinum -0.88%
£22.55 oz
Sydney Mint

Australian One Sovereign



The 1855 Gold Australian one Sovereign was the first Gold Sovereign to be minted outside of the United Kingdom

These coins was minted for thirteen years before the Royal Mint replaced the design with the George and dragon

T he Australian Gold one Sovereign is a very desirable piece that is considered as a moderate premium coin. The mintages for the Australian Gold One Sovereign was in the millions. In fact, official records report a total of 24,432,000 One Sovereigns being issued between 1857 and 1870, the Australian half Sovereign had a much lower mintage of 2,618,000

Australia's discovery of large Gold deposits meant that the Royal Mint had to setup operations in the region to efficiently make use of the mined Gold by turning it into money. British machinery and personnel were sent to Australia to ensure the Royal Mint's high standards were upheld when manufacturing the Australian One Sovereigns

 

Australia One Sovereign

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£511.88

£467.53

Australia Half Sovereign

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£244.90

At the time, the Gold Sovereign was one of the most important coins in the world. Unbeknown to many investors, the reason to why the Australian one Sovereign had its own unique design is because the coins could easily identified and removed from circulation if it was found that their strike or specifications failed to uphold the Royal Mint's standards

1855 and 1856 featured the same Queen Victoria design as seen on other Gold Sovereigns at the time. 1857, however, saw a redesign of Queen Victoria's portrait which was only ever displayed on the Australian one Sovereigns. It was noticed that the Australian Gold Sovereigns were a lighter shade of yellow-Gold than comparable London Sovereigns

An assay in 1856 found that there was a slightly higher concentration of Gold in Australian Sovereigns with the difference in tone being due to more silver in the alloy rather than a more copper-based alloy used on London. These coins are distinct in that they were the only Gold Sovereigns to ever have a regional specific design and to display 'Australia' on the obverse of the coin

 
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