Australia 1877-M sovereign

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From Stack's Bowers 2017 NYINC sale, lot 6020
photo courtesy Stack's Bowers LLC

This specimen was lot 6020 in Stack's Bowers NYINC sale (New York, January 2017), where it sold for $881.25. The catalog description[1] noted, "AUSTRALIA. Sovereign, 1877-M. PCGS MS-63 Secure Holder. Horse with long tail. Nice strike with attractive luster." This familiar "St. George and the dragon" type was struck 1871-87 at the Melbourne and Sydney mints simultaneously with the "shield" type altho the shield type was not used at Melbourne between 1875 and 1879. The SCWC does not attempt to separate the mintages of the two types. The Melbourne mint was opened in 1872 to strike the gold found in Australia and was not employed to strike ordinary circulation coinage until 1916.

Recorded mintage: 1,487,000 (no shield sovereigns are recorded for Melbourne in 1877).

Specification: 7.99 g, .917 fine gold, .2354 troy oz AGW.

Catalog reference: Fr-16; KM-7; S-3857.

Source:

  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1801-1900, 7th ed., Iola, WI: Krause Publications, 2012.
  • Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 7th ed., Clifton, NJ: Coin and Currency Institute, 2003.
  • Skingley, Philip, ed., Standard Catalogue of British Coins: Coins of England & the United Kingdom, 46th edition, London: Spink & Son, 2011.
  • [1]Ponterio, Richard, The January 2017 NYINC Sale: Ancient Coins, World Coins & Paper Money, featuring the Richard Stuart Collection, Santa Ana, CA: Stack's Bowers LLC, 2016.

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