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Heritage World Coin Auctions
NYINC Signature Sale 3071  6-7 Jan 2019
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Lot 34127

Estimate: 20 000 USD
Price realized: 15 500 USD
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Australia
South Australia. British Colony - Victoria gold "Adelaide" Pound 1852 MS63 NGC, KM2, Fr-3. Type II reverse. This very rare type was issued by the Government Assay Office in Adelaide (a town of some importance owing largely to its close proximity to nearby gold fields). Its low mintage coupled with a beautifully crafted and ornate design virtually guaranteed that it would become an object of adoration for collectors seeking the prized intersection between skilled artistry and historical intrigue.

When encountered, this issue is most frequently found in the AU range (as supported by both the PCGS and NGC censuses), where even there it commands great value. Very rarely, however, does one see the type in such brilliant Mint State as here offered. The planchet is uniformly bright with golden luster, mostly satiny save for a ring around the crown in which the frost transforms to a flashier character. The texture of the fields is brought further to life by a dispersion of flow lines, all light but playing an integral part in the piece's unique appeal, and a reverse center where close inspection reveals a crackling texture that carries the same effect. For completeness, a shallow flan crack runs from the lower periphery to the center of the reverse, and a planchet flaw sits at the rightmost edge of the obverse. These features have no negative bearing on the coin's appearance, in this cataloger's opinion, being light, as-struck, and in no way hindering the piece's design elements.

All stated, a tremendous representation of the type, whose fair technical grade is nonetheless exceeded by its stellar visual appeal. Comes with old auction ticket.

HID02901242017

Estimate: 20000-30000 USD
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