Australia Sydney Mint Sovereigns Review
Sydney Mint Sovereigns Review
Sydney Mint Sovereign 1872
Australian Sovereigns are some of the rarest Sovereigns obtainable.
The earliest Sovereign was the Young Head Victoria - the reverse design of which was taken directly from the English Shilling(a common currency at that time in Australia)and with a slightly different Young Head of Queen Victoria.
This is known as the Type 1 Australian Sovereign.This was minted at the Sydney Mint in 1855 and 1856 at the Sydney Mint and had a mintmark s below the wreath on the reverse.It had a silver content of 8.33 %.
The type 2 Sovereign had definitely a more Australian feel about it.It had an Acacia Wreath on the reverse and was used all over the world including in India, S.America ,Ceylon (now Sri Lanka) Canada and London.
Some type 2 Sovereigns have an unusual golden look to them as the silver content was replaced with copper. Many of the type 2 Sovereigns had a shield reverse instead of the George & Dragon that was used in England as this was more hard wearing.
These were often exported to Ceylon and India.
Most Young head designs were minted with the George & Dragon reverse however and these are more commonly found.
Australian Jubilee Sovereigns are fairly common and most dates are easy to find in circulated condition. In Uncirculated condition however many of these are quite rare.
Veiled Head Sovereigns were used until Queen Victorias death in 1901 Perth Mint marked 1899 are the rarest sovereigns in this design and are a good investment in the higher grades.
King Edward VII Sovereigns are easily obtained in Uncirculated condition and reasonably affordable.
King George Vth Sovereigns are readily obtainable even in Uncirculated condition but some mintmarks are difficult or even impossible to obtain ( the 1920 Sydney Mint example is very rare)
Australian Sovereigns have in the past been a great investment - especially as a more complete collection.
The usual qualities of a collectable coin should be observed - rare coins should only increase in value. Sovereigns only fetch really high or record prices in the very best condition available.
Grading coins is truly essential with any sovereigns other than bullion coins.
A collectors market is only marginally influenced by current gold prices - many Gold Sovereigns are worth far more than gold price already !
There are usually several pages of Sovereigns with the Sydney mintmark - m
the next page is numbered beneath these sovereigns
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 Australia Gold Sovereign 1892 S Extremely Fine  US $465.00
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 Australia Gold Sovereign 1870 Sharp Very Fine US $495.00
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 1867 Australia Victoria Gold Sovereign Sydney NGC MS 60 US $2,100.00
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 LK Scarce 1915 Sydney Australia GOLD Full Sovereign US $489.95
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 AUSTRALIA SYDNEY MINT 1870 SOVEREIGN AU RARE GOLD COIN US $1,999.99
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