Name: Australia, Sydney Mint, Gold Sovereign 1870 Sangs VF35
SKU: Pret85
Price: 10750.00 ZAR
Availability: SoldOut
Rating: 5 (1 reviews)

Australia, Sydney Mint, Gold Sovereign 1870 Sangs VF35

Secondhand

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R10,750.00

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Pierre_Henri40798

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Condition

Secondhand

Location

South Africa

Customer ratings:

1 ratings

Product code

Pret85

Bob Shop ID

596966224

Australia, Sydney Mint, Gold Sovereign 1870 Sangs VF35

From 1825, the official money of the Cape Colony was British and in 1866, Sovereigns struck at the Sydney branch mint were also made legal tender at the Cape. A year later, Natal also made Australian Sovereigns and ½ Sovereigns legal tender.

One must however not confuse the two types of Sydney-struck Sovereigns. The one is the well-known "St George and the Dragon" type that looks exactly like the British Sovereigns bar a small S mintmark indicating that it was struck in Sydney, Australia.

Mintmarks for Melbourne (M) and Perth (P) were also struck and in later years for Canada (C) India (I) and South Africa (SA).

These mint-marked Sovereigns were all struck from 1871 and onwards and none carries the actual name of their respective countries.

So when Australian Sovereigns were legalized as legal tender in SA in 1855, it initially referred to the other type of Sovereign; those that actually shows the name Australia and was struck from 1855 to 1870. So for collectors of pre-ZAR coinage that was legal tender in SA in the olden days, the coin we offer here is a must as a type coin.

Please see the following picture.