Gold Sovereigns

1901 Perth Mint Gold Sovereign

22 Carat Gold

When Queen Victoria died of old age in 1901, an entire era died with her. During the sixty-four years of her reign, the social, cultural and economic landscape of the Australian colonies had transformed entirely , and our nation quite literally came of age just prior to Victoria’s death in 1901. Many of the factors that influenced our national economy had a concordant influence on the amount of sovereigns produced between 1893 and 1901.

1901P Perth Mint Gold Sovereign Reverse

1901P Perth Mint Gold Sovereign Obverse
Mintage
2,969,947

At the time when Sir Thomas Brock’s Veiled Head design was introduced, the nation was in the firm grip of economic depression. Much of the foreign capital that had been invested in the great Australian land boom was being repatriated, and this outward flow of capital was driving many respected banks to collapse. Although by 1893 the volume of banking failures was easing from a rush to a trickle, the economic hardship that the depression caused the average Australian during the last years of the Victorian era was compounded by the beginning of a drought that affected the entire nation. Needless to say, a sovereign during this period had a high value indeed, accounting for at least half a week’s wages for the average man. The economic hardship that the nation endured during this time is reflected to a degree by the reduced mintage of the 1893 Sydney & Melbourne Veiled Head sovereigns.
When a quiet and unobtrusive Irishman led a party of men prospecting for gold east of Coolgardie in June of 1893, little did he know that the gold he was to discover would be referred to by the first West Australian Premier as “the colony’s one great product – gold.” The gold discovered by Patrick “Paddy” Hannan in Kalgoorlie lead to one of the greastest gold rushes in the world, provided the impetus for the establishment of the Perth Mint in 1899, and fuelled the three Australian mints for several decades
When collectors examine a sovereign with the St George reverse, there are a certain number of points which are examined closely for strike & wear. From top to bottom, they are:
  • The crest of St George’s helmet;
  • St George’s chest, together with the strap & pin fastening his cloak;
  • The bridle as it crosses the horse’s neck;
  • The muscle separation in St George’s upper thigh;
  • The horse’s forequarters & rump;
  • The “bloodline” in the sword;
  • The upper band across St George’s boot;
  • The dragon’s torso below it’s neck.


Specifications


Sources

Composition: 91.67% Gold
8.33% Copper
Gold Content: 0.2354 oz
Edge: Reeded
Weight: 7.9881 grams
Size: 21.5 mm
Reverse: Benedetto Pistrucci
Obverse: Sir Thomas Brock
Chard Gold Sovereigns Andrew Crellin of Sterling & Currency.

The Sovereign
Daniel Fearon & Brian Reeds
2001
Hilden Publications
17 Windmill Drive
Croxley Green, Hertfordshire
United Kingdom

Token Publishing

The Gold Sovereign
Golden Jubilee Edition

Michael A Marsh
2002
25A St Neots Rd
Hardwick
Cambrigeshire CB3 7QH
United Kingdom


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