| 1891 Proof Half Sovereign |
| Quality | Brilliant FDC |
| Rarity | One of two known |
| Provenance | Murdoch (1903), Briggs (1939), Whetmore (1943), Spink (1981) |
| Price | $ 170,000 |
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The rising value of proof gold seems unaffected by fashions or trends. It is one sector of the market where buyers can reasonably look to a positive revaluation every year.
Proof gold is the most exclusive area of the Australian rare coin market and is renowned for its limited buying opportunities. The majority of issues are known by only two or three specimens with few ever reaching the open market.
Limited buying opportunities
This 1891 Proof Half Sovereign (struck at the Melbourne Mint) is the only example to have appeared on the market at auction over the last 35 years.
Perfection in gold
This coin is perfection in gold. It is currency in a most beautiful and absolute form and it is these two factors - quality and rarity - that have underpinned its rising value.
You can tick all the investment indicators associated with this coin.
- The quality is superb FDC and you cannot get better than that
- The coin is one of two known satisfying the rarity aspect of our investment analysis
- The coin is a glowing example of the potential of numismatic investment market. It sold at auction in 1981 for $9500 and has enjoyed a steady increase in value since then.
- The coin comes with a well documented pedigree. Proof gold is perhaps the only sector of the rare coin market where the majority of coins are detailed with a lengthy provenance most of which can be traced back to the early 1900’s. This coin is no exception.
- This coin is integral to Australia’s gold coin history. While the Melbourne Mint was a prolific producer of sovereigns during the Jubilee period, its half sovereign production was minimal. It’s a fact that over the period 1888 to 1892 inclusive, the Melbourne Mint did not produce any half sovereigns. So for the collector seeking out an example of every date in the Jubilee Half Sovereign series, when it comes to the year 1891, there is only one option and that is to acquire the proof striking. This coin!
Past performance of investments and other financial matters is no indication of future returns or performance.
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