For sale is a very rare Australia half sovereign gold coin minted in Sydney in 1860. This is the key of the series which ran from 1857 to 1866.

This coin is very lightly circulated and has original surfaces. It has been graded AU50 by NGC.

The coin is listed in Krause as KM 3. All Australian half sovereigns from this period circulated extensively and are rare in high grades but this date is particularly difficult. Krause prices it at US$17,000 in XF40 and at US$42,000 in MS60 (which is purely theoretical since no 1860 half sovereign has been graded above AU58 by either NGC or PCGS).

This coin comes from Harmers of London where in 2022 it sold for 5500£ + 20% auction fee.

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