1899 Melbourne Sovereign

Veiled head sovereigns are scarce in MS63. The average PCGS grade of a Mint State 1899-M Sovereign is 61.79, calculated on 30th November 2012. The average grade for the Veiled head series as a whole is 61.98. (The average grade is calculated by adding up the grades of all the 1899-M Sovereigns graded by PCGS and dividing the result by the number of coins graded). This example is graded MS63, which is vastly above the average for the date. Moreover, only one example has been graded MS64 by PCGS and none have been graded finer.