1923 Melbourne Sovereign

Both the 1923M and 1924M sovereigns are considered semi-key dates. The 1923M has a mintage of 511,129 pieces, and is scarce in PCGS MS64 or finer. We’ve handled just three coins in MS65 since 2010, while examples in MS64 appear on the market two or three times a year. They can be considered plentiful in MS62 or lower, and are treated as bullion coins in circulated condition.