May 092013
 

A new chapter has begun for The Perth Mint Gold Proof Australian Sovereign.

Previously portraying the Australian Coat of Arms, the annual release now pays tribute to an historic colonial design.

1855 – 1870 Sydney Mint Sovereign

With the discovery of payable gold in New South Wales, permission was granted to open a branch of the Royal Mint in Sydney.

Sydney_Sovereign

Original Sydney Mint sovereign.

In 1855, the new mint began converting locally-mined gold into a universally accepted form – sovereigns and half-sovereigns of the same weight and fineness as those made in London.

The design, however, was not the imperial type. Instead, Leonard Charles Wyon created a colonial alternative that broke with a number of traditions.

 

Design Motifs

  • The design’s principal motifs consisted of a crown and laurel wreath.
  • It identified the place of manufacture with the inscription SYDNEY MINT and bore a notation of value – ONE SOVEREIGN – absent on imperial types.
  • Of even more interest, it included the name AUSTRALIA, which did not become a political entity until almost half a century later.

According to Rennicks, it was the first and last time the Royal Mint ever assented to break from traditional designs in any of the colonies.

The Sydney sovereigns were at first legal tender only in Australasia. Had they proved inferior, this and their distinctive design would have minimised potential damage to the reputation of Britain’s gold coinage.

But as Andrew Crellin has pointed out, it didn’t take long for it to become “clear to even the greatest sceptic in Britain that these attractive coins deserved every confidence they enjoyed.”

2013 Australian Sovereign

2013 Australian Sovereign

Ironically, this success was their undoing. In 1870 Wyon’s unique colonial design was revoked and henceforward standard British designs appeared on Australia-made sovereigns.

A source of considerable colonial pride for 15 years, the original Sydney Mint sovereign is the inspiration for our sumptuous 2013 Australian Sovereign gold proof coin.

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May 072013
 

This month is nothing short of gigantic in terms of new coin releases.

In gold, we unveil the long-awaited new design for our annual Australian Sovereign, and capture the excitement of the FIFA World Cup™ on our official Australian commemorative.

There’s also a stunning line-up of new silver collectables. Forest Babies depicts absolutely gorgeous images of playful young animals. The Rainbow Lorikeet is vividly portrayed on the fourth release from Birds of Australia, and talking of feathered friends, the high relief version of our 2013 Australian Kookaburra also looks amazing. Treasures of the World kicks off this month with a locket coin featuring loose garnets, and there’s also two special releases for Australian note and stamp collectors!

You can peruse these and more new releases at your leisure in this month’s electronic bulletin, or visit the recent releases section on our website.

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Sep 232012
 

Today marks the 160th anniversary of the Adelaide Pound, Australia’s first gold coin – and there aren’t many examples better than the one we’ve pictured here.

Strictly speaking it isn’t actually a coin, but a coin-shaped ingot or token guaranteed to be worth one pound.

It came about after an estimated 16,000 people left Adelaide to join the Victorian gold rush – taking with them most of the colony’s sovereigns.

The Adelaide Assay Office was hastily established under the Bullion Act of 1852. At first it made irregularly-shaped ingots, but on 23 September it began production of 22-carat Adelaide Pounds.

Images courtesy of www.sterlingcurrency.com.au – clcik to magnify.

The initial die cracked almost immediately. This example was made with the second die. Nearly 25,000 Type II Adelaide Pounds were struck, but not many survive today and most that do have been mounted for jewellery.

Unfortunately, by infringing upon the Royal prerogative to coin gold, it was technically illegal. By the time this news reached the colony from Britain, however, production of the Adelaide Pound had already ceased.

Nevertheless, it was the first ‘coin’ produced in Australia from Australian ore with an entirely Australian design. It is hardly surprising surviving examples are keenly sought by enthusiasts the nation over.

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Sep 202012
 

The ultimate collection of British gold sovereigns is being auctioned in London.

Compiled over 34 years by a private collector, the Bentley Collection is being sold by Baldwin’s in three separate parts.

Part two, which comes under the hammer on September 27, includes a remarkable range of colonial branch mint gold coins and is thus of most interest to Australian collectors and investors.

The highlight and most valuable coin in the sale is the fabled 1920 Sydney Mint sovereign – one of 251 lots of Australian based material. Among them are notable dates from The Perth Mint, including 1899, 1926 and 1931.

A feast for any sovereign enthusiast, the sumptuous catalogue includes biographical information on each of the monarchs reigning over the British Empire during the period and profiles of each of the colonial branch mints.

The catalogue can be viewed online at Baldwin’s (click image).

  • Adelaide Type II Gold Pound Token – Lot 628
  • Sydney Branch Sovereigns 1855 to 1926 – Lots 629-743
  • Melbourne Branch Sovereigns 1872 to 1931 – Lots 744-844
  • Perth Branch Sovereigns 1899 to 1931 – Lots 845-878

The sale will be broadcast over the internet using the services of www.the-saleroom.com.

UPDATE: The AustralianMystery man buys rare coin for $1 million

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Sep 192012
 

Should Australia at some point in the future vote to become a republic, it is not unreasonable to assume that the obverse of our coins would depict the Australian Coat of Arms.

100 Years Old Today

The current design of the Australian Coat of Arms was granted by Royal Warrant of King George V on 19 September 1912. It consists of the badges of the six States of the Commonwealth on a shield enclosed by an ermine border; the Crest of the Arms, comprising a seven-pointed star and wreath; and two Supporters from our endemic fauna – the kangaroo and emu.

Having appeared on a number of circulating and commemorative issues to date, the Coat of Arms provides collectors with a potentially rewarding theme to pursue. For example:

George Kruger Gray’s rendition of the 1912 Coat of Arms with a royal crown over a shield depicting the badges of the six Australian states became a feature of the Australian florin from 1938 onwards.

Revising the design for the new 50 cents decimal coin in 1966 famously fell to Stuart Devlin. First appearing on the circular one-year type and subsequently on the dodecagonal (12-sided) version, his work portrayed the Coat of Arms on a background of Mitchell grass.

The Perth Mint was authorised to portray the 1912 Coat of Arms on the obverse of an Australian silver commemorative (above a small effigy of HM Queen Elizabeth II). The coin was released in 2008 on the 100th anniversary of the original 1908 Coat of Arms, which appeared on the reverse of the limited collectable.

The following year, The Perth Mint introduced its annual Australian Citizenship $1 base metal coin program. Aimed primarily at those celebrating the privileges of their newfound status as Australian citizens, each aluminium-bronze coin depicts the Coat of Arms on a more customary background of golden wattle.

Our annual Perth Mint Proof Australian Sovereign provides yet another opportunity to acquire an Australian legal tender issue portraying the Commonwealth of Australia’s Coat of Arms. Exquisitely crafted from 22-carat gold, it would undoubtedly make an excellent centrepiece of a collection with the potential to grow extensively!

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Aug 272012
 

The Complete Perth Mint Gold Sovereign Collection offers a stunning opportunity to acquire every Perth Mint sovereign date between 1899 and 1931. The 33 historic gold coins are housed in a sumptuous timber presentation case which includes a drawer for the Certificate of Authenticity. Hurry, this is an extremely rare chance to achieve such a coveted collection in one fell swoop!

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