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Some people wanted to make gold coins in Adelaide, 1852, but
were rejected by the British after one pound pieces were found.
Australia's first official coin design was in Sydney, found in
1855. It produced gold coins with an original design. It had
"Sydney Mint, Australia, One Sovereign" on one side and Queen
Victoria on the other, or "Sydney Mint, Australia, Half
Sovereign", before starting in 1870 to mint gold coins of British
design. One gold sovereign equaled 1.