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Half Sovereign


Old Head (1893 - 1901)

The Old Head, also known as the Veiled Head, offers only one challenge to date set collectors, the 1893 Melbourne, the rarest circulation half sovereign with only 5 known examples, 2 in the Royal Australian Mint Museum. Other than that, the series is readily available in all grades up to AU with some examples in mint state or better turning up from time to time. A lot of the dates, in particular in AU, have reduced in value considerably since the Reserve Bank of Australia sale (Downies, 2005), which saw an oversupply of such dates reach the market. However, very few higher grade 1899 and 1900 Melbourne mint half sovereigns were offered yet their prices were brought down also by most catalogues indicating they are somewhat undervalued.
 
Contents
Reverse Designer
Benedetto Pistrucci
Obverse Designer
Sir Thomas Brock
AGW
0.1177 oz
Size
19 mm
Composition
91.67% Gold
8.33% Copper
Bullion Value
$188.99
Reverse
Reverse

Obverse
Obverse

Business Strikes
Coin Mintage Average Circulated
1893-M
Notes about Mintage

  • Mintage figure combined with:
  • There are 5 known of this type
  • 110,024
    $60K
    1893-S 125,000 $210
    1896-M 218,946 $210
    1897-S 115,000 $210
    1899-M 97,221 $230
    1900-M 112,920 $230
    1900-P 59,588 $240
    1900-S 130,000 $210

    Proof Strikes
    Coin Mintage Typical Handled
    1893-M Proof 3 Known RARE
    1893-S Milled Edge Proof Unknown RARE
    1893-S Plain Edge Proof Unknown RARE
    1894-M Pattern Unknown RARE
    1895-M Pattern Unknown RARE
    1896-M Proof Unknown RARE
    1897-M Pattern Unknown RARE
    1898-M Pattern Unknown RARE
    1899-M Proof Unknown RARE
    1899-P Pattern 1 RARE
    1900-M Proof Unknown RARE
    1901-M Pattern Unknown RARE
    1901-P Pattern 4 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.




    Glossary
    • 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
    • Downies, 2005. 'Australian Half Sovereigns'. The Auction of the Gold Coins of the Reserve Bank of Australia. pp 55-60

    References - View full bibliography

    Index