Australia’s Most Valuable Rare Gold Coins To Be Sold in June

Australia’s most respected and valuable rare gold coin collection will go to auction, in what is expected to be the most prestigious numismatic event in this nations history.

QM1 - Type One Ingot. Adelaide Assay Office Ingot.(Sydney, Australia, 5th May 2009). The famed Quartermaster Collection, containing many of Australia’s most valuable and highest quality gold coins, will be going to auction on the 4th of June 2009.

Featuring many of Australia’s rarest coins, this Auction will be unlike any other seen in Australia.

The collection of 344 items is an anthology of Australian gold currency, spanning 1852 to 1931. Tony Richardson, a director of Monetarium (Australia) Pty Ltd, says, “It’s an extraordinary achievement to have assembled such a comprehensive collection of rare coins. I doubt it will ever be seen again”.

Some of the lots that will go under the hammer are unique or very few are known to exist: including the excessively rare Adelaide Assay Office Ingots & Port Phillip Patterns, one of only two 1852 Five Pounds Coins and the finest quality Type 1 & Type 2 Adelaide Pounds.

For Australia, these coins are an invaluable source of recollection for this young country’s economic independence. For many years, they have been the most impressive presentation of Australia’s first currency and are some of the most prized and historically significant pieces attainable for a quality numismatic portfolio.

The collection also features a complete set of Australian Sovereigns and Half Sovereigns, which contains more unique and excessively rare coins: including the 1853 Proof/Specimen Sovereign and Half Sovereign, the 1887 & 1902 Sydney Mint (5 Pound, 2 Pound, Sovereign & Half Sovereign) Proof Sets, Proof 1920 Sydney Mint Sovereign, Proof 1893 Melbourne Mint Half Sovereign, several error coins, overdates and rare varieties.

Every coin in the collection includes a record of provenance, which is an important element for many collectors of Antiquities.

“We expect the Auction will generate strong interest throughout the numismatic collector market as well as with investors world wide, who are continually looking to diversify their investment portfolios into stable, tangible, but secure liquid markets. Rare coins and banknotes have been a safe haven for many investors in past tough economic times and results from recent sales seems to indicate that once more investors are seeking this security”, Tony Richardson says.

The Quartermaster Collection Auction will be held on Thursday at 7:00pm, the 4th of June 2009, at the Sydney Mint Auditorium, 10 Macquarie St. Sydney, and NSW, AUSTRALIA. Viewing of lots can be organised from the 2nd of June.

The buyer’s commission is only 5.5%, which is considerably lower than other antique, collectables and coin auctions.

For more details about the auction and images of the collection, please visit www.monetarium.com.au/qmc).

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About the Author

Monetarium (Australia) Pty. Ltd. is a leading dealer in Australian numismatics and has handled Australia's rarest coins & banknotes several times over. They are world authorities on Australian gold coinage, pre-decimal silver and copper coins and banknotes.

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