1926 Sydney Sovereign

$85,000

Sold March 2018.

Choice Uncirculated

Private Collection Melbourne

The 1926 Sydney Sovereign marks the end of an era of minting history at the Sydney Mint. The coin was struck in the very last year of the mint's operations and symbolic as such. In today's collector market it is extremely rare, almost the entire mintage believed despatched overseas in payment of war debt. This is the very first time that we have offered a Choice Uncirculated 1926 Sydney Sovereign. The coin warrants this quality assignation for the design is sharp and the fields superb. A full blazing gem. In fact, to our knowledge this is the first time a 1926 Sydney Sovereign of this calibre has been offered in Australia. In saying that we reflect on the fact that we have handled - and sold - two out of the three known Specimen 1926 Sydney Sovereigns that were struck as presentation pieces. This coin further fuels the discussion that has been waged for decades. Which is the rarer of the two? A Proof (or specimen) gold sovereign struck in a restricted mintage in a highly controlled environment? Or one that was struck for circulation and has somehow managed to survive the minting process and be preserved in choice condition? We will let you be the judge. See READ MORE for technical shots of both obverse and reverse.