1923 Pretoria currency-issue Sovereign PCGS AU58
There are two key dates to the South African sovereign series, and while the 1924-SA is widely-collected and highly-valued, the 1923-SA currency issue could almost be described as obscure. Overshadowed by the proof version of the date, which is scarce in its own right, Pretoria's currency-issue sovereign of 1923 is a somewhat recent find that was not known to collectors until its discovery and authentication in the 1970s. The exact mintage is not known, but the estimates range from a low of 64 pieces to a high 406. Whatever the mintage, the number of coins trading the market today is small, with perhaps only a dozen sighted in the last couple of years, and even fewer certified by PCGS. Despite what is says in the price guides, the 1923-SA currency issue sovereign is rarer than the [1924-SA sovereign](https://www.drakesterling.com/1924-pretoria-sovereign-35378864 "1924 South African sovereign") and much rarer than the [1923-SA proof sovereign](https://www.drakesterling.com/1923-pretoria-proof-sovereign-2 "1923 South African sovereign"). The numbers bear this out: PCGS has graded 32 examples of the 1924, but only 9 examples of the 1923. Overall, the 1923-SA currency issue sovereign is an exceedingly rare and underrated date, and on par with the 1917 London and Australia’s melt rarities of the 1920s. Please call +61 421 229 821 to discuss. 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).