Stay One Step Ahead

1856 Sydney Mint Sovereign good EF (PCGS AU 55)

Rollover image to zoom | Full image view
Rollover image to zoom | Full image view
Click above thumbnail to see alternative view

1856 Sydney Mint Sovereign good EF (PCGS AU 55)

Just one finer graded to date by PCGS.

Play Audio
Press play to listen to more information on this item.
Product ID:
P-5284
$37,500
Ask a question Make an Offer Propose a Trade
  • Our Guarantee

    We unconditionally guarantee the authenticity, title and grade of every item we sell. The tax invoices we supply ensure that you have these guarantees in writing.

    If you are in any way dissatisfied with an item you purchase from us, simply return it within 7 days at our expense and we'll either provide you with a replacement (where possible) or give you a prompt refund in full (including the cost of return post).

  • Availability

    All items ship within 24 hours of confirmed payment being received.

  • Secure delivery at a flat rate

    All orders are delivered via registered and insured mail at a flat rate of $8 for orders within Australia, and $25 internationally.

    Registered mail within Australia can take up to 1 week to arrive, while international registered mail can take up to 3 weeks. Urgent orders can be sent via Australia Post Express Mail at special request.

  • Return Policy

    We know you won't really be 100% satisfied with your online purchase until you actually get to see it for yourself. If you aren't 100% happy with it after you've physically examined it, our refund policy allows for a full refund (including the cost of return post), no questions asked. The item obviously must be returned in the same condition and in the same way we sent it out.

Description:

Queen Victoria 1856 Gold Sovereign Sydney Mint

Obverse: Type I portrait

Reverse: Australia within wreath

Quality: PCGS AU 55


Just one finer graded to date by PCGS.

The 1855 Sydney sovereign is prized by collectors for it's history - it is the very first official gold coin struck on Australian soil.

The 1856 Sydney Mint sovereign shares exactly the same obverse and reverse designs as the 1855 Sydney sovereign, so it is rightly regarded as being as on a par with the 1855 as the first type of official gold coin struck on Australian soil. For collectors interested in relative rarity and value, the 1856 has a certain appeal over and above the 1855 as a representative of this historic two-year type.

Like so many coins and banknotes issued just after a new denomination or series has begun, the 1856 Sydney Mint sovereign is demonstrably rarer than the coin that preceded it.

The current total PCGS population for the 1855 sovereign is 61, while the current total PCGS population for the 1856 sovereign is just 25.

PCGS have graded 7 1855 sovereigns in AU55 to date, and just 3 better, while they've graded just 4 1856 sovereigns in AU55 so far, and none better.

The relative rarity of these two coins has really only emerged in the past few years, and while part of this may be due to some short-term variability in the coins offered to PCGS, the relative populations of both coins offered for sale via auction over the decades does also reflect a difference in rarity - perhaps not quite to the same degree as the PCGS population report, however there is a distinct difference nonetheless.

Regardless of relative rarity, this 1856 Sydney sovereign really is a marvelous example of this historic type - it has strong detail in the Queen's hairline, as well as in the leaves of the wreath on the reverse. The coin retains an attractive straw lustre only seen on really high-grade Sydney Mint sovereigns from this period.

Click the PCGS icon below to verify the certificate details for this coin directly on the PCGS website.

PCGS Certificate Verification 29829974