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1911-S Half Sovereign



Although over a million half sovereigns were struck at Australian mints during the reign of George V, few were used in circulation due to the introduction of treasury notes and as a result, most remain in AU or better condition. Half Sovereigns were struck at the Sydney, Melbourne and Perth mints from 1911 to 1920 and despite the relatively high proportion of surviving coins in AU or better, in recent times, they have become difficult to acquire in true mint state condition, and beyond that, very difficult, often being the victim of harsh cleaning or jewelry mounting.

PCGS have only certified four coins from this series into MS66 (PCGS Population Chart, 2009) which command very strong premiums over pieces in lower grades, often up to double MS65 values. Many coins, especially those from the Perth and Melbourne mints are often very softly struck and are virtually impossible to obtain above MS64.

The obverse of the coin is very hard-wearing, with the highest point being the end of Geo V's moustache which typically wears off below the AU grading. The reverse wears much easier, but due to the frequency of weakly struck examples and the superior obverse, AU pieces are often mistaken as being mint state.

A typical mint state half sovereign of George V makes MS62 to MS64 for the later dates, though may drop down to MS63 occasionally. Coins graded below this have almost always been circulated but due to their hard-wearing nature, still make the mint state grades. Most dates are quite common below mint state but still in demand due to the scarcity of mint state examples, and because they are generally still quite pleasing to the eye, even in AU.

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Contents
Mintage
252,000
Reverse Designer
Benedetto Pistrucci
Obverse Designer
Sir E. B. MacKennel
AGW
0.1177 oz
Size
19 mm
Composition
91.67% Gold
8.33% Copper
Bullion Value
$179.33
1911-S George V Half Sovereign
Reverse

1911-S George V Half Sovereign
Obverse

Valuation
Typical Handled: $210  
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
  • mint - a facility that produces coins
  • mint state - A state of a coin that shows no signs of circulation
  • obverse - The heads side of the coin
  • reverse - The tails side of the coin
  • treasury note - a debt issued by the government much like banknotes are for banks

Numismatic Glossary - View the full glossary of numismatic terms.

References

References - View full bibliography

Index