Australian Gold Coinage

Australian Gold Coinage

It’s not unusual for someone to find a small gold coin in an accumulation in Australia - nearly all of them are what are called sovereigns and half sovereigns.

These coins were used as money here right up until just after the Great Depression in 1931. A sovereign is about the size of a 10¢, and a half sovereign is about the size of a 5¢.

Most show St. George slaying a dragon on the tails side.

Even though there are so many different kinds that collectors are chasing, most Australian gold coins aren’t worth any more than their gold value, unless they’re a rare date or are in top condition.

(Damaged coins are worth substantially less.) The most valuable sovereign was made at the Sydney Mint in 1920 - the last time it sold was for over A$800,000!

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