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Australia, 1920 Melbourne Sovereign -
Of the melt rarities of the 1920s, the 1920M sovereign is one of the more affordable dates. Unlike some of the later rarities, which can sell for over $50,000 in Mint State, the 1920M sovereign still trades for under $20,000 in high Mint State grades. The example photographed here is the equal-finest example graded by PCGS (3/23). It was sourced out of an old north-west Sydney collection, and is one of the nicest 1920M sovererigns we’ve handled in recent times. If you’ve been chasing a high-grade rare date sovereign, but don’t want to spend closer to $100,000 for one of the major rarities, this coin, priced at $14,500, is your coin.
Grades PCGS MS64.Product ID: 1920M46556883