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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. | ||||||
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Royal Mint |
Source | Edition | About | Link | Notes |
---|---|---|---|---|
Museums Victoria Collections | 2016 | Coin description | link | |
McDonald, Australian Coins and Banknotes | Mintage | |||
Museums Victoria Collections | 2016 | Design | link |
Coin Name | Mintage | Effigy | Legend |
---|---|---|---|
Adelaide Pound - Type I | 50 | Imperial Crown - St Edward's Crown and the Tudor Crown | GOVERNMENT ASSAY OFFICE ADELAIDE 1852 |
Adelaide Pound - Type II | 24,648 | GOVERNMENT ASSAY OFFICE ADELAIDE 1852 |
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Buy American Gold Buffalo Coins |
Country | South Australia |
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Currency | Adelaide Pound |
Coin Type | One Pound |
Issued | 1852 |
Monarch | Queen Victoria |
Face Value | 1 (x Pound) |
Total Mintage | 24,648 |
Current | No |
Material | 0.9167 Gold |
Designer | Joshua Payne |
Technology | Milled (machine-made) |
Shape | Round |
Size | 23.0000 mm |
Mass | 8.7700 g |
OCC ID | JWMR-AOQP-CQGQ-EYPL |
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Image | Details |
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Ingot - 1 Pound, Second Die, Adelaide Assay Office, South Australia, Australia, 1852
Copyright: Museums Victoria / CC BY Source |
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Ingot - 1 Pound, Second Die, Adelaide Assay Office, South Australia, Australia, 1852
Copyright: Museums Victoria / CC BY Source |
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Australia 1852 pound Dentilated
Copyright: CoinFactsWiki / CC BY-SA Source |
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Australia 1852 pound Dentilated
Copyright: CoinFactsWiki / CC BY-SA Source |
Source | Reference ID |
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Friedberg, Gold Coins of the World | Australia 3 |
Krause, Standard Catalog of World Coins | Australia / South Australia KM# 2 |