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1857 Half Sovereign

Sydney Wreathed Bust

Australia

The 1857 is one of the easier dates in the series with an initial mintage of 537,000, relative high for this era. This is complemented by a number of high grade examples surfacing from the India hoard(Noble, J, 2016). The date often features re-entered lettering, a technique employed by the Sydney mint to prolong the working life of diesthough evidence of their overuse can be seen with numerous die cracks and other damage associated with overworked dies. Additionally the 1855 Type II diewas used to supplement production through overdating.

While typically prospectors wanted their gold coined in sovereign for ideal storage and transportation, the half sovereign was favoured for circulation and the growing local economy from the gold rush and associated immigration led to an increased demand for half sovereigns resulting in this higher mintage figure.

Despite this, the low survival rate of this era resulted in this date being difficult to acquire overall in any grade though quite a bit easier than most other dates in the series.

a facility that produces coinsA coin struck differing from the standard design to commemorate an eventThe inscription around the inner edge of the coinThe heads side of the coinThe tails side of the coin(Reserve Bank of Australia, 2005)(Melbourne Museum, 2016)(Sydney Living Museums, 2016)(Sydney Living Museums, 2016)(Sydney Living Museums, 2016)(The Perth Mint Australia, 2016)(The Perth Mint Australia, 2016)(Macfarlane, I, 2005)(Melbourne Museum, 2016)The number of coins struck of a particular designationNoble, J, 2016A cylindrical punch with an inverse impression of a coin design used to strike coinsA cylindrical punch with an inverse impression of a coin design used to strike coinsA raised line on a coin caused by an incuse crack on the die it was struck byA coin with a numeral in the date punched or tooled over another numeral
Values are in AUD and are retail price estimations based on past sales of coins certified by PCGS or NGC and as such values only related to such graded coins. Uncertified coins or coins graded by other services would likely be worth significantly less. For wholesale pricing please refer to the Red Sheet. While all attempts to ensure accurate pricing, data entry errors can occur and as such no warranty is expressed or implied as to the accuracy of any information published on this website. It is important to verify all published sales to ensure the accuracy of the pricing when making any purchase decision. Any personal information provided to us is protected by the Privacy Act 1988.