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1866 Half Sovereign



Mint reports indicate that 216,000 half sovereigns were minted in 1866, however a further 62,000 in 1867 and 154,000 in 1869 were also struck (Marsh, M, A, 2004). As it is known that there no 1867 or 1869 dated coins, it is presumed that they were struck with 1866 dies indicating a total mintage of 216,000 which would seem consistent with the relative survival rate of the date.

The date is one of the easier pieces to source with an estimated survival rate just shy of 1,000 and examples do turn up around XF from time to time though finding examples beyond AU can be quite a challenge.

The date is often found with a bold obverse rim paired with an undetailed central reverse strike. These examples came off the recycled proof dies of the year as during the year the Sydney mint struck 2 proof half sovereigns (Learn more about the 1866 Proof Half Sovereign) for the Inter-colonial Exhibition in 1866 and the International Exposition in 1867 as products of New South Wales (Noble Numismatics, 2003).

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Contents
Mintage
216,000
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
$189.29
1866 Half Sovereign
Reverse

1866 Half Sovereign
Obverse

Valuation
Typical Handled: $420  
This valuation represents a typical handled example of the coin. Coins in better condition will command a substantial premium over the listed price. For example, an average 1911 florin is worth around $50, but in choice uncirculated condition is worth about $15,000! To view valuations in higher grades, please click here to subscribe.  

Glossary
  • die - A cylindrical punch with an inverted impression of a coin's design used to strike the coin
  • mintage - The number of coins struck of a particular designation
  • obverse - The heads side of the coin
  • proof - A coin struck from specially prepared dies to strike a superior quality coin not intended for circulation
  • reverse - The tails side of the coin
  • rim - The edge around a coin, often with beading or denticles

Numismatic Glossary - View the full glossary of numismatic terms.

References
  • Marsh, M, A, 2004. 'Sydney Branch Mint Half Sovereigns'. The Gold Half-Sovereign. pp 28-33
  • Noble Numismatics, 2003. 'Lot 1296'. Noble Numismatics Sale 73. pp

References - View full bibliography

Links

Index