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1862 Australian Gold Sovereign Coin - Sydney Mint Type II Victoria Young Head - Sydney

Sovereign - Circulation · 1862 · Gold

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Details

Year

1862

Series

Sovereign - Circulation

Metal

Gold

Weight

0.257 oz

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Description

The 1862 Sydney Mint Sovereign is part of Australia’s first official gold-coin series. It uses the distinctive Type II colonial design rather than the standard London shield or St George reverse. The obverse shows Queen Victoria with a banksia wreath, while the reverse names SYDNEY MINT and AUSTRALIA around the denomination ONE SOVEREIGN. Struck as a full Sovereign in 22-carat gold, the coin weighs approximately 7.98 grams, contains about 7.32 grams of fine gold and has a nominal diameter of 22.05 mm. The Sydney issues were produced from locally mined Australian gold and form a separate, highly collectable chapter of the wider Sovereign family. Collectors distinguish the 1855–1856 Type I portrait from the revised Type II portrait used from 1857 to 1870. Date, grade, surface quality and correct type attribution can all have a major effect on value.

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