1855 Sydney Mint Sovereign Type I NGC AU55 (about Unc)

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1855 Sydney Mint Sovereign Type I NGC AU55 (about Unc)

$24,950.00
Product Code
20648
In stock
  • Australia’s first sovereign date
  • Extremely rare in any grade
  • Struck at the Australia’s first official mint
  • Graded by NGC at AU55 (about Uncirculated)
  • Reverse distinguished by the famous ‘wreath’ motif
  • Obverse features a distinctive portrait of Queen Victoria used only in 1855 and 1856

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The first Australian sovereign struck during the reign of Queen Victoria, the 1855 Sydney Mint Sovereign was a direct result of the 1850s Gold Rush.  Originally intended to be legal tender only in New South Wales, it wasn’t long before the Sydney Mint Sovereign was accepted in places as far afield as England, India and Newfoundland!

Design

The 1855 Sydney Mint sovereign was different to other Imperial issues with distinguishing features, on the Reverse; the ‘wreath’ motif and emblazoned words Australia, Sydney Mint & one sovereign.

By far the most defining feature of the 1855 Sydney Mint Sovereign is the unique obverse featuring the James Wyon effigy of Queen Victoria.  This portrayal of Her Majesty was used only in 1855 and 1856.

Rare

The 1855 Sydney Mint Sovereign had a small mintage of just 502,000 gold sovereigns struck. Over time, a huge number of 1855 Sydney Mint Sovereigns have been melted for the gold or lost over the 164 years since it was struck. As a result, only a few remain out of the original mintage.   This is your chance to own a coin that would be in the top 10% of surviving examples for quality.

About the Sydney Mint

Following the discovery of huge deposits of mineral wealth in the early 1850s, Great Britain authorised the establishment of the Sydney Mint – the first branch of the Royal Mint established outside Britain. Set up in 1853, Australia’s first gold sovereign was struck on June the 23rd, 1855.

More Information
Country of IssueAustralia
Year of Issue1855
GradeAU55
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