Australia 1886-M sovereign Fr-16
"Victoria, 1837-1901 Sovereign 1886. Melbourne. Vorzüglich. Kl. Kratzer. (Australia, Victoria, 1837-1901, sovereign of 1886, Melbourne mint, extremely fine, Small scratches.)"The second specimen was lot 22211 in Stack's Bowers 2018 NYINC sale (New York, January 2018), where it sold for $408. The catalog description noted, "AUSTRALIA. Sovereign, 1886-M. PCGS MS-62 Secure Holder. Good strike with a light veneer of tone and soft satin luster." The Melbourne mint was opened in 1872 to strike the gold found in Australia and was not employed to strike ordinary circulation coinage until 1920. The St. George reverse shown here was introduced in 1871 simultaneously with the shield reverse. The shield reverse was retired in 1887 when the obverse was redesigned to use the "Jubilee head."
Recorded mintage: 2,902,000 (including the shield reverse) plus proofs.
Specification: 7.99 g, .917 fine gold, .2354 troy oz AGW, the first specimen 7.98 g.
Catalog reference: S. 3857B, Fr. 16, KM 7.
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- 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.
- Jürg Richter, Numismatic Coins & Medals, Auction 33, Zurich: Sincona AG, 2016.
- Ponterio, Richard, Kyle Ponterio, John Kraljevich and Cris Chatigny, The January 2018 NYINC Sale: Ancient Coins, World Coins & Paper Money, featuring the Eldorado Collection of Colombian and Ecuadorian Coins, Santa Ana, CA: Stack's Bowers LLC, 2017.