1886 Melbourne Shield Reverse Sovereign PCGS AU58
The 1886M shield sovereign is the key coin to the sovereign series, second only to the 1920S sovereign. Scarce in all grades, the present example is certified AU58 by PCGS and ranks amongst the finest dozen or so known; indeed, it’s the third finest we’ve handled in over twenty years. Residual lustre remains in the devices and legends, and the hairline is fully struck with no wear visible to the naked eye. The reverse presents as uncirculated. If you’re seeking a key sovereign in high grade but don’t want to spend $60,000 on a mint state coin, this is your coin. 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).