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Detailed information about Coin: Adelaide Pound - Type II from South Australia

Coin: Adelaide Pound - Type II
Description

A coin-shaped ingot guaranteed to be worth a pound. The Colony of South Australia backed their valuation by giving exact details of the purity (22 carats) and weight (5 pennyweight and 15 grains) of the piece. It was made from gold brought to South Australia from the Victorian goldfields in 1852.

The One Pound ingots were made by the South Australian government to solve a major problem in the local economy caused by people leaving for the gold fields and taking most of the colony's money with them. The ingots were made illegally, without approval from Britain. By the time the written request for authority to make the pieces had arrived in England and the British Government's refusal had returned to Adelaide, the Assay Office had already opened, solved the problem by issuing the tokens and closed.

Since the gold value of an Adelaide pound was slightly more than its face value, shortly after their mintage most coins had already been melted. Those that survive tend to be in EF-AU condition.

CountrySouth Australia CurrencyPound Sterling (pre-decimal)
Face value1 (x Pound) TypeOne Pound
Year1852 CurrentNo
Mintage24,648 (24648)
Mints
NameMintageMint mark
Adelaide Assay Office 24,648 (24648) No mint mark
Material DesignerJoshua Payne
MonarchQueen Victoria Effigy
Production technologyMilled (machine-made) ShapeRound
Size (mm)23 Thickness (mm)
Mass (g)8.7700
Obverse

At centre a crown within ornate circle; below, 1852; around, *GOVERNMENT ASSAY OFFICE* ADELAIDE.

Obverse inscription

GOVERNMENT ASSAY OFFICE ADELAIDE 1852

Reverse

At centre within ornate circle, VALUE / ONE / POUND; around, * WEIGHT 5 DWT: 15 GRS: * 22 CARATS.

Reverse inscription

VALUE ONE POUND WEIGHT 5 DWT 15 GRS 22 CARATS

EdgeMilled Edge inscription

None

Notes

Additional references:

[Book] Andrews, Arthur. 1921. Australasian Tokens and Coins.

Adelaide Pound - Type II: Photos
Adelaide Pound - Type II: Photo Ingot - 1 Pound, Second Die, Adelaide Assay Office, South Australia, Australia, 1852
Ingot - 1 Pound, Second Die, Adelaide Assay Office, South Australia, Australia, 1852
Copyright: Museum Victoria / CC BY
source
Adelaide Pound - Type II: Photo Ingot - 1 Pound, Second Die, Adelaide Assay Office, South Australia, Australia, 1852
Ingot - 1 Pound, Second Die, Adelaide Assay Office, South Australia, Australia, 1852
Copyright: Museum Victoria / CC BY
source
Adelaide Pound - Type II: Photo Australia 1852 pound Dentilated
Australia 1852 pound Dentilated
Copyright: CoinFactsWiki / CC BY-SA
source
Adelaide Pound - Type II: Photo Australia 1852 pound Dentilated
Australia 1852 pound Dentilated
Copyright: CoinFactsWiki / CC BY-SA
source
Adelaide Pound - Type II: Catalogue Reference IDs
SourceReference ID
Friedberg, Gold Coins of the WorldAustralia 3
Krause, Standard Catalog of World CoinsAustralia / South Australia KM# 2
Adelaide Pound - Type II: References to Information Used
SourceEditionAboutLinkNotes
Museum Victoria Collections 2016 Coin description link
McDonald, Australian Coins and Banknotes Mintage
Museum Victoria Collections 2016 Design link
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Adelaide Pound - Type II: Some useful external links
Museum Victoria Collections: Ingot 1 Pound, Second Die, Adelaide Assay Office, South Australia 1852 Australia 1852 pound Dentilated - CoinFactsWiki
List of all (2) coins of type: South Australia / One Pound
Adelaide Pound - Type I Adelaide Pound - Type II