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1898-M Full Sovereign



The final run of Victorian sovereigns were struck from 1893 to 1901 at the Sydney, Melbourne and in the final 3 years, the Perth mint after its opening in 1899. All dates can be considered rare in MS63 and very rare in MS64 and up with only a handful of certified examples (PCGS Population Chart, 2009). The key date of the series in the 1899 Perth mint sovereign and other key dates include the 1893 Melbourne and the 1898 Sydney. Several bank rolls were found of the Melbourne mint issues but most coins were graded between MS61 and MS62 with very few notably higher, this does however, account for the availability of some years in the lower mint state grades.

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Contents
Mintage
5,509,138
Reverse Designer
Benedetto Pistrucci
Obverse Designer
Sir Thomas Brock
AGW
0.2354 oz
Size
21.5 mm
Composition
91.67% Gold
8.33% Copper
Bullion Value
$381.21
1898-M Old Head Full Sovereign
Reverse

1898-M Old Head Full Sovereign
Obverse

Valuation
Typical Handled: $400  
This valuation represents a typical handled example of the coin. Coins in better condition will command a substantial premium over the listed price. For example, an average 1911 florin is worth around $50, but in choice uncirculated condition is worth about $15,000! To view valuations in higher grades, please click here to subscribe.  

Glossary
  • bank roll - A common means of distributing coins where a bank would roll coins before distributing them to branches or customers
  • mint - a facility that produces coins
  • mint state - A state of a coin that shows no signs of circulation

Numismatic Glossary - View the full glossary of numismatic terms.

References

References - View full bibliography

Index