AUSTRALIA. Adlaide Pound, 1852. Adlaide Assay Office. PCGS MS-61.KM-2; Fr-3; Rennik-pg. 21. Type 2 reverse with dentilated inner border. A beautiful example of this <strong>VERY RARE</strong> and highly sought after type. The honey-gold surfaces are accented by traces of patina in the protected areas. Considerably lustrous without any significant distractions. This issue was struck by the government Assay Office in Adlaide in accordance with the amendments made to the 1852 Bullion Act. Shortly after minting, it was discovered that the coins contained nearly two shilling of gold value over the one pound face value. It is believed that many of the 24,648 struck were melted by profiteers shortly after being struck. The Adelaide Pound represents the first coin produced in Australia from Australian ore, with an entirely Australian design. Any example is a historic treasure and Mint State survivors remain particularly significant.
