1852 Type 2 Adelaide Pound

Obverse:Crown - Design by Joshua Payne.
Legend: GOVERNMENT ASSAY OFFICE - ADELAIDE
Reverse:Crenellated inner circle - Design by Joshua Payne.
Legend: WEIGHT 5 DWT: 15 GRS - 22 CARATS
Edge:Milled (coarse)
Weight:8.81 grams (135.9 grains).
Size:23 mm (diameter).
Composition:22 Carat Fine - 91.67% Gold, 8.33% Silver.
Gold Content:
Mintage:24,648 - Adelaide.
Mintmarks:Crenellated inner circle on reverse.

Valuation :
1852 Type 2 ADELAIDE POUND

FineVery
Fine		Extra
Fine		Almost
Uncirc.		Uncirc
20025,00010,50021,00029,00043,500

Notes:

The type two die reverse features a crenellated inner circle. The lettering around the rim is slightly larger that type 1 and there is no vertical die crack.

Only one type of milled edge is known, similar to the coarse mill of the type 1 variety.

Although a large number were struck (24,648), only a small percentage survived for long as profiteers, having discovering that the intrinsic gold content of the coin was greater than the one pound face value, melted them down for bullion. Production of the coins ceased on 13th February, 1853.

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