Australia 1882-M sovereign Fr-16

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Heritage sale 3041, lot 321108
photo courtesy Heritage Auction Galleries

This specimen was lot 32108 in Heritage sale 3041 (Chicago, August 2015), where it sold for $8,812.50. The catalog description[1] noted, "Victoria gold 'St. George' Sovereign 1882-M MS66 NGC, Melbourne mint. A highly anomalous coin -- of the over 10,000 Victoria Australian sovereigns to have been graded by NGC and PCGS to date, this is one of only four examples of all dates graded MS66; two of those happen to be the Young Head/St. George type, while two are the later Jubilee Head/St. George issue. Therefore, as one might expect from a coin at this elusive premium Gem level, the surfaces appear truly immaculate, with a sharply defined strike, few marks of any kind and beaming luster that illuminates the surfaces. For comparison's sake, we note the sale of a PCGS MS66 Jubilee Head coin that realized $22,325 in our January 2013 auction. We expect this piece, of the earlier and more popular Young Head type, to receive just as much, if not more bidder interest." This "St. George and the dragon" type was struck 1871-87 at the Sydney and Melbourne mints simultaneously with the "shield" type. The SCWC does not attempt to separate the mintages of the two types.

Recorded mintage: 2,466,000 (including the shield reverse and a few proofs).

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

Catalog reference: KM 7, S-3857B, Fr-16.

Source:

  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1801-1900, 7th ed., Iola, WI: Krause Publications, 2012.
  • McDonald, Greg, The Pocket Guide to Australian Coins and Banknotes, 23rd ed., Lavington, Australia, 2017.
  • 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]Bierrenbach, Cristiano, Warren Tucker and David Michaels, Heritage World & Ancient Coins Auction 3041, featuring the Eric Beckman Collection of Canadian Coins, the Kaiser Collection of German Gold Coins and the Rudman Collection of Mexican Coins, Part I, Dallas, TX: Heritage Auction Galleries, 2015.

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