1852 Adelaide Pound Type II PCGS AU55

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1852 Adelaide Pound Type II PCGS AU55

$24,950.00
Product Code
23006
Out of stock
  • Australia's first gold coin type!
  • Known by just 200 examples
  • One of Australia’s rarest, most desirable coins
  • Genuine artefact of the historic 1850's Gold Rush
  • Created as ‘emergency currency’ as a direct result of the Gold Rush
  • Officially assessed and graded by PCGS at AU55
  • Perfect centrepiece for your numismatic collection

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Australia’s first gold coin – known by just 200 examples

Well known both within and outside numismatic circles, the 1852 Adelaide Pound Type II is famous as Australia’s first gold coin. A genuine artefact of the 1850s Gold Rush, this iconic colonial issue is also excessively rare. 

Sought after by collector and investor alike, the 1852 Adelaide Pound stands proudly alongside the 1930 Penny and 1813 Holey Dollar as one of Australia’s rarest, most desirable coins. Whilst in large part driven by its immense rarity – with approximately 200 examples in existence – the unrelenting demand for the 1852 Adelaide Pound is also attributable to its embodiment of Australia’s rich Gold Rush history. 

Struck from November 1852 until February 1853, the Adelaide Pound was conceived and created as ‘emergency currency’ as a direct result of the Gold Rush. After the discovery of gold in Victoria in 1851, thousands of South Australians flocked to the eastern goldfields. Those who abandoned the colony in a bid to strike it rich took a huge amount of hard cash with them, and left the fledgling colony on the cusp of financial ruin. 

Faced with both a labour shortage and a currency shortage, South Australian authorities came up with a brave, inspired plan. An admirable example of Australian ingenuity, the colony created a new coin to meet the crisis – the Adelaide Pound. Nearly 25,000 examples of the 1852 Adelaide Pound were struck – without British permission, it must be said – and the injection of currency saved the colony from disaster. 

As for the coin itself, the fate of the Adelaide Pound was ultimately sealed by a rise in the price of gold. At one point containing gold worth nearly two shillings above face, a vast majority of the mintage was melted down for the intrinsic value. As a result, the 1852 Adelaide Pound is known by approximately 200 examples, and is among Australia’s highest profile rarities. 

A true icon of Australian numismatics, and a piece of Gold Rush history you can hold in your hands! Officially assessed and graded by PCGS at AU55, the 1852 Adelaide Pound Type II is the perfect centrepiece for your numismatic collection. 

More Information
Country of IssueAustralia
Year of Issue1852
Denomination£1
MetalGold
GradeAU55
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