1852 Adelaide Pound Type II PCGS AU53

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1852 Adelaide Pound Type II PCGS AU53

$24,950.00
Product Code
23005
In stock
  • Australia's first gold coin type!
  • One of Australia’s rarest coins – just 200 examples known.
  • Genuine artefact of the historic 1850s Gold Rush.
  • Created as ‘emergency currency’ as a direct result of the Gold Rush.
  • This Type II example of the 1852 Adelaide Pound graded by PCGS at AU53.

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Australia’s first gold coin

Well known both within and outside collecting circles, the 1852 Adelaide Pound is famous as Australia’s first gold coin. A genuine artefact of the 1850s Gold Rush, this iconic colonial issue is also excessively rare.

Gold Rush – crisis in South Australia!

Struck from November 1852 until February 1853, the Adelaide Pound was conceived and created as ‘emergency currency’ as a direct result of the Gold Rush. After the discovery of gold in Victoria in 1851, thousands of South Australians flocked to the east. Those who abandoned the colony in a bid to strike it rich took a huge amount of hard cash with them, and left the fledgling colony on the cusp of financial ruin.

The saviour of the colony!

Faced with a major currency shortage, authorities came up with a brave, inspired plan. An admirable example of Australian ingenuity, a new coin was created to meet the crisis – the Adelaide Pound. Nearly 25,000 examples of the 1852 Adelaide Pound were struck – in Type I and Type II – and the injection of currency saved the South Australia from disaster.

Known by approximately 200 examples…

As for the coin itself, the fate of the Adelaide Pound was ultimately sealed by a rise in the price of gold. Containing gold worth well in excess of the face value, a vast majority of the mintage was melted down. As a result, the 1852 Adelaide Pound is known by approximately 200 examples, and is among Australia’s highest profile rarities.

A golden opportunity!

Gold Rush history you can hold in your hands, this is your chance to secure an original 1852 Adelaide Pound Type II graded by PCGS at AU53. Don’t miss this golden opportunity! Click add to cart!

More Information
Country of IssueAustralia
Year of Issue1852
Denomination£1
MetalGold
GradeAU53
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