Mintage:3 KnownReverse Designer:J. B. MerlenObverse Designer:William WyonSize:19mmWeight:3.99gEdge:ReededComposition:91.67% Gold 8.33% Copper
Values
Sales History
Current listings
?
Following the example of the Sydney Mint, which had been established in 1855 to ensure efficient
minting of Australian gold into legal tender
(Monetarium (Australia) Pty Ltd, 2009)
, and the passing of The Colonial Branch Mint Act of 1866, the Melbourne Mint was established in June, 1872
(Monetarium (Australia) Pty Ltd, 2009)
. Victoria's ample gold resources were also a strong factor in the British' government's decision to open a branch
in Melbourne
(Melbourne Museum, 2016)
. The building that housed the Melbourne Mint was built especially for this purpose. Its architectural design purportedly
inspired by Raphael's Palazzo Vidoni-Caffarelli in Rome, constructed in 1515
(Melbourne Mint Australia, 2013)
. The building now houses the Hellenic Museum. The Melbourne Mint joined the Sydney Mint in striking full and half
sovereigns and continued to strike half sovereigns until 1915, and full sovereigns until 1931, then silver and copper coinage
until its closure in 1968
(Monetarium (Australia) Pty Ltd, 2009)
. The Sydney Mint closed in 1926 having produced gold, silver, and copper coins throughout its time
(Monetarium (Australia) Pty Ltd, 2009)
. The Half Sovereign Young Head series was first struck on Australian soil in 1871 following the short-lived Sydney
Mint series. The changeover to the imperial shield reverse design half sovereign also coincided
with the changeover to a gold-copper alloy for half sovereigns. The series has five different
obverse s with very slight variations
(Monetarium (Australia) Pty Ltd, 2009)
. They all feature the portrait of a young Queen Victoria facing left, her hair bound in a double fillet and secured
in a bun. The legend reads VICTORIA DEI GRATIA.
There are four different reverses
(Monetarium (Australia) Pty Ltd, 2009)
. All the reverses show a crown atop a shield. The legend reads BRITANNIARUM REGINA FID: DEF:. The
mintmark is positioned directly below the shield between two rosettes.
This type is the typical die design used by the Sydney Mint during the final run of the Young
Head series, distinguished by a beaded rim, it was minted from 1880 to 1887, excluding the years
1884 and 1885 which were only struck at the Melbourne Mint.
The type is available in mint state, however, it is very scarce. The most common year is the
1883 Sydney, which is the most common Young Head type in the series with two mint state examples
being sold through the Reserve Bank Sale
(Downies, 2005)
.
The 1880 Sydney is the only date in the series sighted as a proof, but it is extremely rare and has not been seen on the
market in recent times.
Find out what dealers are paying with a subscription.