1870 Australian Gold Sovereign Information
This 7.988g Sovereign coin is struck from 22-carat gold and the dimensions are identical to that of the standard British Gold Sovereign.
The 1850s gold rush was a significant event in Australian history which forever changed the political and economic development of the country, it encouraged mass immigration, government spending and colony relations. It was decided that rather than shipping the gold to London to be minted, it was more efficient to refine the organic gold into coins in Australia.
The Sydney Sovereign is regarded as Australia’s first gold sovereign and initially was only deemed as legal tender in the New South Wales colony. After its surge in popularity, the sovereign was then adopted by the other colonies to eventually be held abroad in countries such as Britain, Hong Kong and India.
The design attributed to the Sovereigns prior to the year 1870 was specific to the Sydney Mint, however, in 1871 the British Government revoked the approval of the Sydney Mint design and Australian sovereigns were modified with a quintessential British flair to them.
The obverse depicts a portrait of a young Queen Victoria and the year of the coinage and the reverse shows a crowned wreath and the inscription ‘AUSTRALIA’, ‘SYDNEY MINT’ and ‘ONE SOVEREIGN’.
Some of these coins are vintage and may show signs of a long life that add to their character.
Please call 01902 623 256 for further information regarding their conditions.
What Will I Receive?
Your 1870 Australian Gold Sovereign will be dispatched, fully insured in a sealed, fully secure, nondescript package, there are no identifiable markings to suggest the contents.
Your products will be securely sealed with a secondary internal packet, then again within a further plastic sleeve.
Please Note: Packaging and design may vary from the image shown.
If you are looking to sell any bullion bars or coins please ring us on 01902 623 259 during office hours for the latest rates we are paying subject to condition and market demand.
Sell your 1870 Australian Gold Sovereign
As one of the UK's leading precious metal dealers, the Gold Bullion Company are able to offer extremely competitive rates to customers wishing to sell their gold and silver products.
If your 1870 Australian Gold Sovereign was purchased from us, we are currently paying up to:
97% of spot
If your 1870 Australian Gold Sovereign was NOT purchased from us, we would still be happy to purchase it at up to:
96%
of spot
If you would like to sell this item, please call our customer service team on 01902 623 259.
Before dispatching your items, please ensure that you have printed and filled out our sell form.
Please note
- The price paid is based on the spot price on the day we receive the goods.
- To take advantage of our preferential rate, all items purchased from The Gold Bullion Company must be returned in the same condition and, if applicable, in the original packaging.
- All goods are tested on receipt to verify both the weight and purity of the metal.
- We reserve the right to change the buy back rate at our discretion.
Out of stock
