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About KJC Coins

Company History

KJC Coins Australia Pty Ltd (KJC), established in 1995, is one of Australia’s best known and most reputable Numismatic dealers as well as being Australia’s leading specialist retail gold and silver bullion dealers. We operate from our prestigious (company owned) retail store in the heart of the Sydney CBD.

Kurt Jaggard (BEC) and Nathalie Gallian our Company Director have over 50 years combined International experience at the forefront of the worldwide Numismatic and Precious Metal Markets. KJC are unique to the industry in Australia, operating a modern and interactive numismatic website open 24/7, with some products automatically fluctuating with the live bullion metal prices. In addition, we offer the personal touch of servicing clients at our Sydney CBD store and have held prestigious Coin and Banknote Auctions.

On April 11th 2006 we were very proud to set a new World Record at that time for any Australian Coin or Banknote sold at our public auction (Kurt Jaggard monetary auction #2), when we knocked down a 1920 Sydney Gold Sovereign for $585,500. KJC are official agents for both Australia Government Mints, the Perth and Royal Australian Mints, and were exclusive Australian agents for the French Mint for the 1998 World Cup. In 1999 KJC exclusively supplied, Authenticated and graded, all the gold sovereigns, over a million dollars worth to the Perth Mint (Australia’s oldest operating government mint) for their 1899-1999 Centenary celebrations. For several years building up to the Sydney 2000 Olympics we also had exclusive Australia-wide contracts with Thomas Cook Limited, with all their leading branches such as Sydney City and Airport, Surfers Paradise, Cairns, Melbourne Airport etcetera displaying and selling KJC products.

KJC has a proven track record and has dealt with many large famous Collectors e.g. John Jay Pittman. All items sold by KJC are individually graded by Kurt Jaggard (BEC) personally, and come sealed in a plastic sleeve with official certificate of Grading and Authenticity.

What we sell

Australian Rarities

This section of our site is dedicated only to those items of exceptional Quality and/or Rarity that have proven themselves to have an everlasting appeal in the marketplace.

Items that are typically listed here include: 1930 Pennies, 1923 Halfpennies, 1813 NSW Holey Dollar & Dumps, Pre-1955 Pattern of Proof Issues, choice and rare date Australian Gold Sovereigns and Half Sovereigns, choice Australian Pre-decimal coins, key early Australian Banknotes and Starnotes.

Australian Gold Sovereigns

GOLD SOVEREIGNS & HALF SOVEREIGNS OF AUSTRALIA 1852 TO 1931

All Gold coins of Australia (1852 to 1931) were struck from solid 22ct gold (.917%). The 1852 Adelaide Pound, Australia's first gold coin, has an actual gold weight of 8.68 grams (Type 1) or 8.81 grams (Type 2).Gold Sovereigns have an actual gold weight of 7.9881 (.2354oz troy) and Half Sovereigns 3.9940 grams(.1177oz troy). Australian Gold Sovereigns struck between 1855 and 1870 (Half Sovereigns from 1855 to 1866) features our own "Sydney Mint" design. From 1871 through 1931 (Half Sovereigns from 1871 to 1918), Imperial Sovereigns and Half Sovereigns were minted in Australia, identical to those struck elsewhere, except for the distinctive Sydney (S), Melbourne (M) or Perth (P) Mintmark. They benefit from being a relatively small and highly collectable series and are considerably Rarer than their English counterparts.

How do I go about Collecting Australian Gold Sovereigns?

The Australian Minted Gold Sovereign Series 1855-1931 consists of 9 different types. They include the Sydney Mint Type 1 (1855-1856), Sydney Mint Type 2 (1857-1870), Victorian Young Head Shield Reverse (1871-1887), Victorian Young Head St. George Reverse (1871-1887), Victorian Jubilee Head (1887-1893), Victorian Veil Head (1893-1901), King Edward VII (1902-1910), King George V Large Head (1911-1928) & King George V Small Head (1929-1931).

Australian Sovereigns were minted in Sydney from 1855 to 1926, Melbourne from 1872 to 1931 and Perth from 1899 to 1931. Therefore, from 1872 it is possible to have exactly the same type and dated Australian Sovereign struck at both the Sydney and Melbourne mints and 1899 at the Perth Mint. This, however, was not the same case every year, Sovereigns could be produced at one mint, two mints or all three mints and when enough coins were thought to be in circulation no sovereigns were produced at all. A complete Collection of Australian Gold Sovereigns encompasses all those produced between 1855 and 1931 at the Sydney, Melbourne and Perth Mints some 190 pieces in total.

The first Australian Sovereigns feature our own unique Australian design and are known as the famous and Rare "Sydney Mint" type sovereigns struck from 1855 to 1870. From 1871 to 1931 when production ceased, Imperial sovereigns were produced in Australia distinguishable only by a (S) Sydney, (M) Melbourne or (P) Perth Mintmarks stamped onto each coin.

Australian Sovereigns may be collected by Date, Type, Mint or a combination of these. Take the Queen Victoria Veiled Head Series (1893-1901), it contains a total of 21 coins - 9 struck in Sydney, 9 in Melbourne and 3 in Perth. If you decide to collect this series the aim is to piece together one example of each of the 21 different dated and Minted Veiled Head Type Sovereigns ever struck. In most series there are certain key dates which will cost you considerably more than the others but these tend to have shown the best growth and are worth saving up for. In the Veiled Head series for instance 1899 Sydney and Melbourne Mints may cost you around $550 (note price varies with spot gold bullion rates) in uncirculated condition quality whereas the 1899 Perth may cost you over $4,500 as it is the key date of the series.

One of the most popular collections of Australian Sovereigns today is the complete Perth Mint Collection, containing 33 coins minted from 1899 to 1931. The majority of these can be put together for around $550 each (note price varies with spot gold bullion rates). However, the Key Dates 1899P and 1926P will cost you considerably more. The popularity of the Perth Mint Collection derives from the fact that to complete a collection in nice quality can be put together for around the $15,000-$20,000 mark whereas a Sydney or Melbourne Mint Sovereign Collection will cost well into the hundreds of thousands to assemble in similar quality.

Building up complete collection of Victorian sovereigns is a great way to approach the Australian gold sovereign series. The Veil Head Series 1893-1901 (21 coins) where many coins in Uncirculated quality will cost as little as $550 each (note price varies with spot gold bullion rates) and the earlier Jubilee Head Series 1887-1893 (14 coins) where most coins in Uncirculated quality would work out to be in the $600 to $1000 price range (note price varies with spot gold bullion rates), are ideal starting points. If your budget can stand it the Young Head and Shield Series (minted conjunctively between 1871-1887) is recommended in Uncirculated quality but be prepared to spend up to around $1,500 per coin on average. The beautiful Sydney Mint Series from 1855-1870 are very valuable in high quality and may be out of reach for many Collectors, if so, we recommend considering one or two choice examples. The later King George V Coins, which are either Very Scarce or Rare dates due to the cutting back of mintages are also important to consider. Dates with importantance worthy of your consideration include 1919M, 1920M, 1921S & M, 1922 S & M, 1923S, 1924 S & P, 1925P, 1926 P, S & M, 1927P, 1928 M & P, 1929M, 1930M and 1931M.

When you consider that Australian Sovereigns are the Rarest and most sought after Sovereigns in the world today, with institutions such as Rothschild's in London taking the time to piece together a complete collection, they still represent great value with many of the 190 Sovereigns ever issued, available in top quality, for between $550-$1000 each (note price varies with spot gold bullion rates).

The simple fact is that unlike the modern mass produced issues released from the Government Mints in Canberra and Perth today, the Sovereigns are no longer produced and in fact as time goes by there are less and less remaining in existence. With more and more interested Collectors in the market and less coins as well as strong international gold bullion markets it makes good sense to start putting some away now as a nest egg for your future.

Australian Gold Half Sovereigns

HALF SOVEREIGNS OF AUSTRALIA 1855 TO 1918

Australian Gold Half Sovereigns are considerably rarer than the full sovereign, and are normally found more worn in condition.

All Gold coins of Australia (1852 to 1931) were struck from solid 22ct gold (.917%). Half Sovereigns have a weight of 3.9940 grams (.1177oz troy). Australian Gold Half Sovereigns from 1855 to 1866 features our own "Sydney Mint" design. Imperial Half Sovereigns were minted in Australia from 1871 to 1918, unlike Sovereigns which were minted until 1931. They were identical to those struck elsewhere, except for the distinctive Sydney (S), Melbourne (M) or Perth (P) Mintmark. They benefit from being a relatively small and highly collectable series and are considerably Rarer than their English counterparts.

The simple fact is that unlike the modern mass produced issues released from the Government Mints in Canberra and Perth today, the Sovereigns are no longer produced and in fact as time goes by there are less and less remaining in existence. With more and more interested Collectors in the market and less coins as well as strong international gold bullion markets, it makes good sense to start putting some away now as a nest egg for your future.

Australian Predecimal Coins

Australian Pre-Decimal coins were struck from 1910, at the beginning of the "Commonwealth", through to 1964. During this period, they featured 4 different English monarchs on the observe of each coin - 1910 Edward VII, 1911-1936 King George V, 1937-1952 King George VI, and 1953-1964 Queen Elizabeth II.

There were 7 different distinct denominations of Australian Pre-Decimal coins - Silver Crown, Silver Florin, Silver Shilling, Silver Sixpence, Silver Threepence, Copper Penny and Copper Halfpenny. All silver coins struck between 1910-1945 were made of solid sterling (92.5%) pure silver and those struck from 1946 to 1964 from 50% silver.

Choice quality examples of the early King George V series 1911-1936 as well as Key Dates such as 1923 Halfpennies and 1930 Pennies etc. have a genuine intrinsic value and are highly sought after.

Australian Banknotes

The market for Australian Banknotes is primarily based around a few key areas: Australian Decimal and Pre-Decimal Star notes, Quality Australian Pre-Decimal notes particularly those of the early King George V era (struck from 1913-1939) as well as both Decimal and Pre-Decimal specimens and presentation notes.

Pre-Decimal Banknotes

The Australian Pre-Decimal notes consisted in 7 different denominations, Ten Shillings, Pound, 5 Pound, 10 Pound, 20 Pound, 50 Pound, and 100 Pound and notes struck from 1923-1933 are called "Gold Bearing Issues" as they were directly exchangeable for Gold i.e. a One Pound note was exchangeable for a Gold Sovereign, which had exactly the same value and currency of One Pound Pre-Decimal notes featured portraits of three different English Monarchs George V, George VI and Queen Elizabeth II.

Specimen Banknotes

Specimen notes have no legal tender status but have been used world-wide by issuing authorities to give a clear indication of the design. They differ from normal circulation notes only that they are overprinted with a description which invalidates them as currency. Some types have either no serial numbers or all zeros even though several hundred of those notes might have been produced. In Australia, specimen notes have been issued for presentation to VIP's as well as reference material for major banks, commercial agencies and libraries. Many are very rare with tiny mintages and because generally they have not entered circulation they are in very high quality.

Star Banknotes

Star notes are a rare and interesting series of notes especially produced to replace a note spoilt during the printing cycle. The process of replacing damaged notes with "star" issues was first adopted in the USA around 1910. Australia was slow to adopt the idea and up to 1948 each spoilt note was replaced with another bearing the same serial number which had to be hand set.

The star note was introduced to do away with this time consuming and laborious practice. Any time an error was discovered, it was plucked out of the system and replaced with a "star" note. These were printed as a special run and were almost identical to the normal note with exception of the serial number. Instead of the normal six digits, the replacement note had five digits and a star in place of the last digit.

The pre-decimal printers preferred a hollow five-pointed star while the decimal designers favoured an asterisk and went one step further by using the letter "Z" as a prefix. The idea of the system was to keep each bundle of 100 notes in serial number sequence to make counting bundles easier for tellers. Automatic counting machines made the process redundant. The system was discontinued in 1971. There are no $10; $50 or $100 stars.

Australian Predecimal Proofs

The Australian Pre-Decimal Proof coin series can be automatically split up between two distinct different series, those struck between 1955 to 1963 and those Extremely Rare issues struck prior to 1955.

Australian Proof coins struck prior to 1955 were not struck for commercial purposes but only to be kept as a premium example for the Mints Museum collection or a foreign countries Museum or alternatively specially struck in order to use for a presentation to VIP's. As a result Australian Pre 1955 Proofs are Extremely Rare with only as few as 2-3 and in most cases up to a maximum of 10 pieces available to private Collectors/Investors worldwide.

Pre 1955 Proofs are struck in Gold (Sovereigns , Half Sovereigns etc) as well as Silver and Copper (Australian Commonwealth Florins, Shillings, Sixpences, Threepences, Pennies and Half Pennies). The Gold issues were struck at the Sydney, Melbourne or Perth branches of the British Royal Mint. The Silver and Copper issues were only struck at the Melbourne or Perth branches only.

The second distinct area of Australian Pre-Decimal Proofs are those struck between 1955 and 1963 at both the Melbourne and Perth branches of the British Royal Mint. These were Australia's very first attempt to strike coins for commercial purposes: i.e. for sale to the infant Collector market. All these issues, were however, only issued as individual coins presented in a cellophane packet which has enabled many uneducated Collectors to open and handle the pieces and as a result to get perfect FDC coins particularly copper ones is difficult and quite deceiving in terms of their overall Rarity.

Although the mintage figure for the 1955-1963 Proofs is between 301 to 5042 of each piece, this is still tiny compared with say a 1988 modern day Proof Set with a mintage of 101,000 and with the many impaired coins out there perfect FDC coins are sought after for their scarcity and value for money.

 

Australian Proclamation Coins

Coins of the first fleet. The British authorities regarded the new colony of New South Wales as an outdoor prison, a dumping ground for the seemingly endless queue of convicts that paraded through the draconian legal system of the time. All the goods and services required by the band of convicts, guards and administrators that made up the "first fleet" were to be provided by the Government until the new settlement could become self sufficient. Money was a low priority. However, as convicts gained their freedom after serving their sentences and trading ships brought added luxuries and free settlers looking for a new life, it soon became apparent that some sort of currency was needed.

Governor King was to play a decisive part in the future of Australian numismatics when, in 1800, he tried to sort out the economic shambles that threatened the very existence of the colony. What did pass for currency was a hotch-potch of coins from the four corners of the worlds which traded hands based on their intrinsic value. Naturally no two people could agree exactly on the right value for any given coin. The problem was made worse by the fact that even this meagre supply was continually being syphoned off by visiting traders. Governor King decided to solve both problems with his historic Proclamation of 1800.

The Proclamation had two aims. He wanted to give the coins circulating an official value, Higher than normal, so that the coins would stay in the colony. The Theory was that no trader would want them at their inflated value.

Ancient Artefacts

Genuine Antiquities make superb yet affordable interesting gifts and/or display items for your home or office which unlike coins or banknotes, can be placed around for your permanent visual enjoyment.

Frequently, we are asked similar questions from first time "clients" whom have queries and worries about the Antiquities Market. We have tried to answer some of the more common ones so that you may enjoy your buying experience from us without a worry...

GENUINE NOT REPRODUCTIONS

All pieces offered for sale in the KJC collection are genuine, none are reproductions and each item comes with a 'Certificate of Authentication' provided by KJC.

WHERE DO THEY COME FROM?

The artefacts that form this collection have been purchased from old collections, some famous, such as those made by Lord Alpine of West Green and the Hon. Robert Erskine, as well as huge declared hoards such as Normandy Hoard and Killingsholme Treasure. Often the large collections were started during the Victorian 'grand tours' and have been passed down through the generations and split up.

SHOULDN'T THEY BE IN MUSEUMS?

Antiquities and Art are not only about priceless Greek vases and marble friezes, they include items that were used as part of everyday life by these ancient civilisations. What happened to a Roman oil lamp - a disposable item used in its millions and it's insignificant as today's light bulb? These 'everyday items' often lack the polish needed by the collectors of more refined antiquities and are surplus to the already overstretched museums. The vast majority of the items are not rarities. Everyone should have the opportunity to own a small piece of history, provided that the Artefacts are sufficiently common and are neither of any national heritages nor should be legitimately in a museum environment.

WHY IS THERE SO MUCH?

There are hundreds of thousands of domestic antiquities already in circulation. Museum basements are often choking with pieces and it is open question as to how well they are being cared for or whether they will ever be displayed. With industrialisation and urbanisation the antiquities in the ground are, in some countries, worth more as hard-core, and coins worth much more melted down for their gold and silver content.

WILL THEY RUN OUT?

Yes, there is not an infinite supply of Antiquities in circulation, which is why stock is ever changing as new pieces and collections arrive.

Modern Issues

KJC are official agents of the Perth Mint and Royal Australian mint and as such we are able to supply all the new issues from both the Australian mints. As well as the new issues KJC stock a large range of previous issues (which include items such as Proof & Mint sets, as well as gold and silver commemorative issues) with most available to purchase well below issue and/or current catalogue prices.

World Gold Coins

KJC carry a great selection of gold pieces from around the world, with many European and exotic pieces available on a daily basis. Many of the pieces are priced to fluctuate with the daily gold price.

 

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