Adelaide Pound - Type I, Coin from South Australia - detailed information

Adelaide Pound - Type I, Coin from South Australia
CoinAdelaide Pound - Type I

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.

"Type I" pounds were struck from the first die which cracked very early in production (through the letter D of DWT).

MintAdelaide Assay Office Mintage50
Obverse
South Australia / Adelaide Pound - Type I - obverse photo

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

Obverse Inscription GOVERNMENT ASSAY OFFICE ADELAIDE 1852
Reverse
South Australia / Adelaide Pound - Type I - reverse photo

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
EdgeMilledEdge InscriptionNone
Notes

Additional references:

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

Adelaide Pound - Type I: Known varieties
Variety Wide reeding
Mintage unknown
Adelaide Pound - Type I: References to Information Used
SourceEditionAboutLinkNotes
Museums Victoria Collections 2016 Coin description link
McDonald, Australian Coins and Banknotes Varieties Wide reeding
Museums Victoria Collections 2016 Design link
All (2) Coins of Country: South Australia, Type: One Pound
Coin NameMintageEffigyLegend
Adelaide Pound - Type I 50 GOVERNMENT ASSAY OFFICE ADELAIDE 1852
Adelaide Pound - Type II 24,648 GOVERNMENT ASSAY OFFICE ADELAIDE 1852
Adelaide Pound - Type I: Details
CountrySouth Australia
CurrencyAdelaide Pound
Coin TypeOne Pound
Issued1852
MonarchQueen Victoria
Face Value1 (x Pound)
Mintage50
CurrentNo
Material0.9167 Gold
DesignerJoshua Payne
TechnologyMilled (machine-made)
ShapeRound
Size (mm)23
Mass (g)8.7700
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Adelaide Pound - Type I: Photos
ImageDetails
Coin - 1 Pound, Cracked Die, Adelaide Assay Office, South Australia, Australia, 1852
Copyright: Museums Victoria / CC BY
Source
Coin - 1 Pound, Cracked Die, Adelaide Assay Office, South Australia, Australia, 1852
Copyright: Museums Victoria / CC BY
Source
Adelaide Pound - Type I: Catalogue Reference IDs
SourceReference ID
Friedberg, Gold Coins of the WorldAustralia 1
Krause, Standard Catalog of World CoinsAustralia / South Australia KM# 1