1875 Melbourne St George Reverse Sovereign - PCGS MS63

Australia, 1875 Melbourne St George Reverse Sovereign -

McD 151a. Last month, I listed an 1875-M St George reverse sovereign graded PCGS MS62. In the description, I wrote that that coin was the first Mint State 1875-M sovereign I had had in stock in five years. For this reason, I have to write with some surprise that I now have a second coin in stock, graded one point better in PCGS MS63. This coin, photographed above, is the equal-finest graded by PCGS (November 2013), and one of the nicest St George reverse sovereigns I’ve had in stock for some time. It’s certainly better than the NGC MS63 1883 Melbourne I'll be listing after this one. The coin has smooth, unmarked fields, a good strike, and very pleasant eye appeal. Overall, it’s a pleasing coin that would suit a high-grade Young Head set or sovereign type set. Catalogues $2,500 in UNC and $4,600 in Choice UNC in the McDonald (2013).