1883 Sydney St George Reverse Sovereign - PCGS MS61

Australia, 1883 Sydney St George Reverse Sovereign -

McD 164. An auction house or dealer of uncertified coins would have no trouble describing this coin as "UNC". In reality, the coin is probably a “baggy UNC”. It catalogues in UNC at $6,500, but in light of the bagging, it has been appropriately discounted. Scarce, and a great opportunity for a collector to acquire a scarcer date at a great price point.