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1859/8 Overdate Half Sovereign

CountryAustraliaSeriesSydney Wreathed BustYear and Mintmark1859/8VarietyOverdateDenominationHalf SovereignMintage341,000
MintSydney MintMonarchVictoriaReverse DesignerL. C. LyonObverse DesignerL. C. LyonWeight3.98gComposition91.67% Gold
8.33% Silver
Size19mmEdgeMilled

The 1859/8 overdate half sovereign is one of the lesser known overdates despite the clarity of the 9 over the 8. This is likely due to its scarcity rather than anything else giving it the potential to be one of the series sleeper dates. An example sold in Heritage in 2012 for US$10,925 (Heritage Auctions, 2012) - a price not more than the value of a normal 1859 indicating that at the time, the market had not fully appreciated the variety. This example had been certified by NGC at MS61 without the overdate attributed on the holder.

The 1859/8 overdate The 1859/8 overdate

The illustrated example however sold in Nobles in 2009 (Noble, J, 2009) , graded nearly very fine/very fine well beyond the price of a normal 1859 in that grade indicating that perhaps its popularity just had not spread out of Australia at the time with Heritage being a US based auction house.


References

  • Heritage Auctions (2012). Victoria gold 1/2 Sovereign 1859/8 Sydney. Available at: https://coins.ha.com/itm/australia/australia-victoria-gold-1-2-sovereign-1859-8-sydney-/a/3016-23286.s?hdnJumpToLot=1x=0&y=0
  • Noble, J (2009). Sydney Mint Half Sovereigns. Available at: https://noble.com.au/auctions/lot?id=235853
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