1856 Sydney Mint Sovereign - PCGS AU58

Australia, 1856 Sydney Mint Sovereign -

Type I Sydney Mint sovereigns have always been popular with collectors. They are a key coin in the sovereign type set, as well as a sovereign date set, so are in demand with collectors of all stripes. Examples with lustre are particularly difficult to obtain, with quality examples selling for five figures. Indeed, an example graded NGC MS61 sold for AU$59,780 (£31,700) in a September 2021 auction in Sydney, while another example graded PCGS MS62+ sold for AU$75,600 (£39,300) in the United States in June 2021. The coin offered above is an ideal piece for the collector who wishes to own a high-grade example of a Type I sovereign but does not want to spend over $50,000 to secure one. Graded PCGS AU58, it has flashes of lustre in the devices, a sharply-struck hairline, and lots of detail in the crown and wreath on the reverse. If you’re a serious collector and have been chasing a quality example, this is your coin. From a London source.