The 1856 Sydney Mint Half Sovereign is the only affordable date of the Type I series with a sizable mintage of 478,000. It is readily available in lower grades with a number of AU or better graded pieces surfacing from the India hoard (Noble, J, 2016) and from the Reserve Bank of Australia holdings (Downies, 2005) . Due to these hoards of genuinely high grade pieces, the 1856 has not appreciated in value over the past decade with many present-day realisations of high grade pieces inline with their counterparts from the Reserve Bank sale (Downies, 2005) . It is nonetheless in high demand, particularly from type set collectors who have no real affordable alternative for the Type I Sydney Mint.