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NYINC Signature Sale 3105  9 Jan 2023
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Lot 32125

Starting price: 30 000 USD
Price realized: 190 000 USD
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Australia
South Australia. British Colony - Victoria gold "Adelaide" Pound 1852 MS62 NGC, KM1, Fr-3, Rennik-pg. 21, McDonald-pg. 41. Type Ia reverse with die crack, fine reeding, and two linear circles around beading. An exceedingly rare issue and one celebrated in any condition, let alone on the cusp of Choice Mint State. Significantly scarcer of the two reverse types, where the majority of surviving examples are of the crenulated variety, a design element added to new dies after the evolution of the noted die crack at the "D" of "DWT." This occurred early in the production of these emergency Adelaide Assay Office issues and accounts for the large disparity in survivors, especially in anything considered appreciable. A fascinating relic from the early years of Australia's development, spurred by the gold discoveries in Bathurst and Ballarat and similar to that of the California Gold Rush, where the necessity of coinage was immediately recognized and fulfilled by regional assayers. One can only guess where the current offering spent the last 170 years and how it maintained an extraordinary Mint State preservation, amplified by a pleasing flash to the slightly crude yet crisp outer registers. Historically important and visually astounding, the piece at hand sits atop the certified population as the sole finest and will demand interest consistent with this fact.

https://coins.ha.com/itm/australia/south-australia/australia-south-australia-british-colony-victoria-gold-adelaide-pound-1852-ms62-ngc-/a/3105-32125.s?type=DA-DMC-CoinArchives-WorldCoins-3105-01092023

HID02906262019

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Estimate: 60000-80000 USD
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