2009 - Adelaide Assay Office Gold Ingot Selectively Gold Plated Silver Proof Coin

2009 $1 Selectively Gold Plated Silver Proof Coin -1852 Adelaide Assay Office Subscription Coin.

The 2009 Subscription $1 Silver Proof Coin recreates the design of one of the gold ingots produced by the Adelaide Assay Office to overcome the financial crisis in the Colony of South Australia in 1852.

With an economy in recession due to drought and unemployment, the crisis was compounded when the gold rush in Victoria all but emptied the Colony of its able-bodied men and its supply of cash. To alleviate this huge drain on the Colony, the Police Commissioner for South Australia, Alexander Tolmer proposed and then led gold escorts from the Victorian gold fields to bring the gold "won at the diggings" back to Adelaide where it could be processed, assayed and made into ingots to provide the necessary injection of funds needed by the Colony.

Mintage 5894. Certificate of Authenticity included with this coin