Blue Sheet
 Sydney Mint Wreathed Bust Half Sovereign Values
Half Sovereign

Sydney Mint Wreathed Bust (1855 - 1869)

In 1857, the Sydney mint introduced a wreathed bust type obverse, designed by Leonard Wyon with the legend 'VICTORIA D : G: BRITANNIAR : REG : F : D :' (Victoria by the Grace of God Queen of Britain, Defender of the Faith). This design would be used on half sovereigns up until 1869 after which the Sydney mint reverted to the Young Head obverse and Shield reverse, consistent with Imperial half sovereigns.

The series features a number of varieties and overdates which illustrate the struggles faced in the early days of the Sydney mint and unlike their imperial counterparts, Sydney mint half sovereigns were struck on a gold-silver alloy planchet resulting in a higher scrap value and consequently were frequently melted failing to alleviate the currency shortage in the colony at the time and leading to the general scarcity of the series.
Reverse Designer
L. C. Lyon
Obverse Designer
L. C. Lyon
AGW
0.1177 oz
Size
19 mm
Composition
91.67% Gold
8.33% Silver
Bullion Value
$160.59
Reverse
Reverse

Obverse
Obverse

Contents

Circulation Strikes
Date+MM Variety Mintage Typical Handled
1857 537,000 $650
1857/5 Overdate Incl. in above $2800
1858 SOVRR 483,000 $25000
1858 Incl. in above $400
1859 341,000 $650
1859/8 Overdate Incl. in above $400
1860 156,000 $1250
1860/59 Overdate Incl. in above $1500
1861 186,000 $600
1861/60 Overdate Incl. in above $2250
1862 558,500 $650
1863 Incl. in above $700
1864 282,000 $650
1864 Roman 1 in date Incl. in above $22500
1865 Incl. in above $700
1866 216,000 $600

Proof Strikes
Date+MM Variety Mintage Typical Handled
1855 Proof or Pattern 4 Known RARE
1856 Proof or Pattern 2 Known RARE
1857 Plain Edge Proof 4 Known RARE
1866 Proof 2 RARE
Condition matters a grade deal in terms of a coin's value, the above value is for a typical handled example. For example, a 1911 florin can be had for as little as $10, but in top quality, the coin would be valued at over $10,000!

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Glossary
  • legend - The inscription around the inner edge of the coin.
  • mint - a facility that produces coins
  • obverse - The heads side of the coin.
  • overdate - A coin with a numeral in the date punched or tooled over another numeral.
  • planchet - The piece of metal a coin is struck on.
  • reverse - The tails side of the coin.
  • scrap value - The base metal value of a coin.

Numismatic Glossary - View the full glossary of numismatic terms.

Index
 
 
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