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Image 1 for 2023 $25 170th Anniversary Port Phillip Patterns 4 Coin Quarter Oz Gold Proof Set
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Products / Royal Australian Mint / Latest Releases / 2023 $25 170th Anniversary Port Phillip Patterns 4 Coin Quarter Oz Gold Proof Set

2023 $25 170th Anniversary Port Phillip Patterns 4 Coin Quarter Oz Gold Proof Set

$3,950.00

DESCRIPTION

2023 $25 170th Anniversary of the Port Phillip Gold Pattern  Quarter Oz  Four Coin Gold Proof Set

Mintage 750

 

In 1853, English businessman William Taylor launched a venture to produce Australia's first non-legal tender coins but by the time he was ready to begin production, gold prices had risen and his scheme collapsed.

Taylor produced just a few of his distinctive kangaroo pattern coins, the inspiration for the Mint's new set of four quarter-ounce gold investment coins.   The great gold rush of the early 1850s created wealth and a population boom in the struggling Australian colonies.  But hard-working miners were paid less for their gold than its true worth, one of many injustices which led to the Eureka Stockade rebellion of 1854.

 Others saw opportunities, among them English Businessman William Taylor who headed a ventrure to buy gold direct from the goldfields and mint it into coins, which could be sold at a profit in England.