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NYINC Signature Sale 3106 17-18 Jan 2023
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Australia
Victoria gold 1/2 Sovereign 1861/0-SYDNEY XF45 NGC, Sydney mint, cf. KM3 (overdate unlisted), Fr-10a, Marsh-386A (R3). From a low original mintage of 183,500 an unknown number of coins were minted with the 1/0 overdate which in this example is well observable under magnification. A brief study in comparable sales reveals limited few of these overdates appearing on the marketplace; the previous one we sold was a PCGS VF25 in January 2014, selling for $2,820 - this specimen is conditionally vastly superior and in fact, is the finest graded in the NGC census with only one piece sharing the same technical grade in the PCGS population. An offering that admits honest wear from active circulation and projects the typical greenish tinge due to the naturally occurring silver in the alloy used in Australia - which, incidentally, is the primary reason why these pieces are so rare, as they got melted down for their higher than face value intrinsic metal content.
https://coins.ha.com/itm/australia/australia-victoria-gold-1-2-sovereign-1861-0-sydney-xf45-ngc-/a/3106-33349.s?type=DA-DMC-CoinArchives-WorldCoins-3106-01172023
HID02906262019
© 2022 Heritage Auctions | All Rights Reserved
Victoria gold 1/2 Sovereign 1861/0-SYDNEY XF45 NGC, Sydney mint, cf. KM3 (overdate unlisted), Fr-10a, Marsh-386A (R3). From a low original mintage of 183,500 an unknown number of coins were minted with the 1/0 overdate which in this example is well observable under magnification. A brief study in comparable sales reveals limited few of these overdates appearing on the marketplace; the previous one we sold was a PCGS VF25 in January 2014, selling for $2,820 - this specimen is conditionally vastly superior and in fact, is the finest graded in the NGC census with only one piece sharing the same technical grade in the PCGS population. An offering that admits honest wear from active circulation and projects the typical greenish tinge due to the naturally occurring silver in the alloy used in Australia - which, incidentally, is the primary reason why these pieces are so rare, as they got melted down for their higher than face value intrinsic metal content.
https://coins.ha.com/itm/australia/australia-victoria-gold-1-2-sovereign-1861-0-sydney-xf45-ngc-/a/3106-33349.s?type=DA-DMC-CoinArchives-WorldCoins-3106-01172023
HID02906262019
© 2022 Heritage Auctions | All Rights Reserved