An 1887 Australian gold £5 coin
struck at Sydney Mint has sold at auction in Dallas, Texas, for $US660,000,
equivalent to $867,600 in Australian dollars.
The
“proof” coin, one of three in existence (Museums Victoria has one), was
specially struck for presentation purposes and was never intended to be
circulated. The price is the second highest figure for an Australian coin sold
at auction. It was sold to an Australian collector who lives in California and
who, as they say, wishes to remain anonymous.
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