1887 Melbourne Jubilee Head Sovereign - PCGS MS63

Australia, 1887 Melbourne Jubilee Head Sovereign -

S-3867, McD 175. An attractive example of this scarcer variety. The coin is stunningly proof-like on both ‘verses, and is one of the most eye-catching Jubilee head sovereigns I’ve ever had the pleasure of owning. Although the fields are slightly scuffed (consistent with an MS63 grading), the coin has the overall appearance of one in far better grade, and I was surprised that PCGS did not award the coin a “+” grade on account of its superior eye appeal. In any case, it would certainly fall under the “Gem” grade under the Australian grading system, and ought to be priced as such. Very scarce.