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Half Sovereign


Jubilee Head (1887 - 1893)

A fairly short type, as far as business strikes go. The key date is the 1889S which has always been highly underrated, possibly because of catalogues not publishing a mintage figure for this date, which traditionally has been used as a gauge of rarity, despite Royal Mint reports indicating a mintage of 32,000 (Marsh, M, A, 2004). Its rarity was only revealed at Reserve Bank of Australia sale, which had so few quality examples available (Downies, 2005). Even now, in the rare chance that they turn up, many dealers let them pass through their bullion piles - something worth looking out for considering this date is quite a degree rarer than the 1930 Penny.

There are many dates within the series only available as patterns which would disappoint many date set collectors, most of which have simply learnt to skip those dates. The mintage figures for the two 1891 Sydney types are combined, while mintage figures for 1887 types are all inclusive of every other type including Young Head types. The 1893 Melbourne mintage is possibly shared with Old Head type sharing the same date however there are only 5 known business strikes of the Old Head type.
 
Contents
Reverse Designer
J. B. Merlen
Obverse Designer
Sir J. E. Boehm
AGW
0.1177 oz
Size
19 mm
Composition
91.67% Gold
8.33% Copper
Bullion Value
$188.86
Reverse
Reverse

Obverse
Obverse

Business Strikes
Coin Mintage Average Circulated
1887-M Medium JEB
Notes about Mintage

64,013
$4500
1887-M Wide JEB
Notes about Mintage

Incl. in above
$240
1887-M Narrow JEB
Notes about Mintage

Incl. in above
$240
1887-S Narrow JEB
Notes about Mintage

134,000
$240
1887-S JEB as IEB
Notes about Mintage

Incl. in above
$4000
1887-S Medium JEB
Notes about Mintage

Incl. in above
$240
1887-S Wide JEB
Notes about Mintage

Incl. in above
$240
1889-S 13 pearls
Notes about Mintage

32,000
$410
1889-S 12 pearls
Notes about Mintage

Incl. in above
$800
1891-S Sans JEB
Notes about Mintage

  • Mintage figure combined with:
  • 77,000
    $240
    1891-S With JEB
    Notes about Mintage

  • Mintage figure combined with:
  • Incl. in above
    $420
    1893-M 12 pearls
    Notes about Mintage

    110,024
    $280
    1893-M 13 pearls
    Notes about Mintage

    Incl. in above
    $240

    Proof Strikes
    Coin Mintage Typical Handled
    1887-M Normal JEB - Proof Unknown RARE
    1887-M Struck in Platinum Unique RARE
    1887-S Normal JEB - Milled Edge Proof Unknown RARE
    1887-S Normal JEB - Plain Edge Proof Unknown RARE
    1888-M Pattern Unknown RARE
    1889-M Pattern Unknown RARE
    1890-M Pattern Unknown RARE
    1891-M Pattern Unknown RARE
    1892-M Pattern Unknown RARE
    1893-M Proof Unknown RARE
    1893-S Pattern Unknown RARE

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    The values listed here are for average examples of the date. Coins in better condition will be worth many times the values listed here. 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.




    Current Auctions
    Australia Jubilee Head - 1887-S Medium JEB Half Sovereign Current Bid: $10.50 (2 bids)
    Estimate: $310 - $420
    Lot 1390 PCGS XF45 19 days
    Walter Eigner Numismatics
    Location: Canberra, ACT
    Member Since: Dec-2009
    Australia Jubilee Head - 1891-S With JEB Half Sovereign Current Bid: $10.50 (2 bids)
    Estimate: $525 - $700
    Lot 1389 PCGS VF25 19 days
    Walter Eigner Numismatics
    Location: Canberra, ACT
    Member Since: Dec-2009

    Glossary
    • business strike - A coin struck for circulation
    • key date - A difficult date to acquire in any grade, hence being the key to a series
    • mintage - The number of coins struck of a particular designation

    Numismatic Glossary - View the full glossary of numismatic terms.

    References
    • Marsh, M, A, 2004. 'Jubilee Half-Sovereigns of Victoria (Sydney Mint : Mint Mark S)'. The Gold Half-Sovereign. pp 39
    • Downies, 2005. 'Australian Half Sovereigns'. The Auction of the Gold Coins of the Reserve Bank of Australia. pp 53

    References - View full bibliography

    Index