2012 AUSTRALIA PERTH MINT GOLD 1 oz. 1853 PT. PHILLIP KANGAROO PROOF NGC PF70

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2012 AUSTRALIA PERTH MINT GOLD 1 oz. 1853 PT. PHILLIP KANGAROO PROOF NGC PF70 :
$1775.00

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maximum mintage 2500The story of the original strikes represents a celebrated piece of Australian numismatic history. The Port Phillip Kangaroo Office was established at the height of the Australian Gold Rush in the mid 19th century when there was an apparent opportunity to purchase nuggets on the gold fields at a discount and then issue the same as hard currency in the form of minted gold tokens. A coin press was dispatched in a clipper calledKangaroo, but due to the primitive docking facilities, the press had to be dismantled, brought ashore, and reassembled at the site secured for the mint. By this time, the previous opportunity had passed as gold had become more expensive and a large number of official sovereigns had arrived in the colony. The Office would close after producing only a limited output, creating one of the great rarities of Australian numismatics.