1922 Melbourne Sovereign - PCGS MS62+

PCGS MS62+

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certification

Australia, 1922 Melbourne Sovereign -

The withdrawal and destruction of gold coins during the 1930s and 40s marked the end of an era. Australia’s sovereigns were not spared, creating rarities throughout the series. One of those rarities is the 1922 Melbourne. The date has a mintage of 608,306 pieces—the second highest of any Melbourne sovereign minted after 1918—but its fitful appearances on the market suggest that most of the issue was destroyed. The date is rare, to be sure. In the last eighteen years, the coin has appeared in Noble Numismatics’ auctions only eight times, while Heritage Auctions—the largest collectables auction house in the world—has never had one in any of their sales since at least 2003. I have had this date in stock twice in the last five years, and only four have been graded by PCGS. In contrast, I’ve lost count how many Adelaide Pounds, proof Canberra florins, and 1930 pennies I’ve seen in my time as a coin dealer. In fact, I would venture to say that there are fewer Mint State 1922 Melbourne sovereigns than any of the aforementioned coins.

The 1922 Melbourne sovereign I currently have on offer is the third-finest graded by PCGS. This example is particularly attractive, with fresh lustre and great eye appeal on both ‘verses. The fields are minimally bagged, and there are no large or excessive edge knocks. Even if it weren’t a rare date, it would be a pleasing coin. Catalogues $26,500 in UNC and $33,000 in Choice UNC, and EXTREMELY RARE in this grade.

Grades PCGS MS62+.

Product ID: 1922M25135424

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