1931 Perth Sovereign PCGS MS65
The 1931 Perth sovereign is the final date in Australia’s gold sovereign series. As sovereign production declined in the dying days of the gold standard, so too did sovereign mintages. In fact, the 1931P sovereign has a mintage of just 1,173,567 pieces, which is lower than the mintage figures of several rarer dates, like the 1904 and 1911 Perth. Unlike those dates, though, most 1931P sovereigns were stored as reserves or exported as bullion, and very few, if any, saw circulation. (As a matter of fact, there were no 1931P sovereigns in the Reserve Bank of Australia sovereign auction, so possibly *all* of them left our shores.) Today, the 1931P sovereign is a common coin in high grade, with hundreds of coins graded by PCGS, and 87 pieces in MS64 or finer (11/20). Multiple coins have been awarded plus grades for superior eye appeal, and two coins have graded MS66+. If you’re looking to add one to your collection, buy an MS64 if you’re on a budget or an MS65 if you can afford better. There are only five coins better than that, so unless you're patient the chances of finding one in short order are slim. Professional Coin Grading Service is the global leader in coin authentication and grading. With over 60 million coins graded and counting, PCGS is trusted by collectors, dealers, and investors to certify authenticity, protect value, and elevate market confidence. This is a direct conversion of the 70-point PCGS grade to a 10-point scale, intended to present the grade in a more intuitive format for newer collectors. It is not our personal opinion or an attempt at regrading the coin to a different standard. To understand how the 70-point scale converts to a 10-point scale, [click here](https://drakesterling.com/en/page/the-ten-point-coin-grading-scale).