Australia 1859-S sovereign

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Heritage sale 3035, lot 30026
Australia H3035-30026r.jpg

This specimen was lot 30026 in Heritage sale 3035 (Long Beach, September 2014), where it sold for $1,175. The catalog description[1] noted, "Victoria gold Sovereign 1859-Sydney AU58 NGC, Sydney mint. Obv. Laureate bust left. Rev. Crowned AUSTRALIA within a wreath. Lustrous, with light, to moderate, abrasions. Very scarce." This type, bearing the portrait of Queen Victoria wearing a banksia wreath, was struck at the Sydney mint 1857-70. The total issue was in the tens of millions yet the type is scarce today, especially in nice condition. The Sydney mint was opened in 1855 to strike the gold found in Australia and was not employed to strike ordinary circulation coinage until 1920.

Recorded mintage: 1,050,000.

Specification: 7.99 g, .917 fine gold, .2354 troy oz AGW.

Catalog reference: Fr-10; KM 4.

Source:

  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1801-1900, 7th ed., Iola, WI: Krause Publications, 2012.
  • Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 7th ed., Clifton, NJ: Coin and Currency Institute, 2003.
  • Skingley, Philip, ed., Standard Catalogue of British Coins: Coins of England & the United Kingdom, 46th edition, London: Spink & Son, 2011.
  • [1]Bierrenbach, Cristiano, and Warren Tucker, Heritage Signature Auction 3035, World and Ancient Coins, featuring the FoxLair Collection and the Law Collection, Dallas: Heritage Auction Galleries, 2014.

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