Australia, South Australia, Adelaide Pound, 1852, Adelaide, Gold, PCGS, XF40

British royal crown., Denomination in three lines., Graded PCGS XF40, Fine Edge Reeding. These extremely rare coins are Australia's first issues, the result of melting gold nuggets found in the country. Minted at the value of 22 carats (917 ‰ gold), they were only produced for the year 1852, for a total of just fewer than 25,000 examples struck for the entire issue. Their rarity today is linked to their almost complete disappearance, with fewer than fifty left in circulation, and they are therefore extremely sought-after by collectors., GOVERNMENT ASSAY OFFICE * ADELAIDE * / 1852, WEIGHT 5 DWT: 15 GRS: * 22 CARATS * VALUE / ONE / POUND

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