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Precious Metals Data Aggregator
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1887 Melbourne Shield Reverse Sovereign PCGS MS63

Material
Gold
Category
Coins
Fineness
916.7‰
Mass (g)
7.988
Premium (%)
0.00
Shipping cost to
Unknown
All-in premium (%)
Unknown
Price
27,693.45 USD
Dealer
Drake Sterling
Dealer country
Australia
Last price update
2026-03-23
Last seen
Unknown
Available until
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Has certificate
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Is IRA eligible
Is LSP
Is numbered ingot
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Is under seal
Keywords
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Mintage uncirculated
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Every collector is told to “buy quality coins”, which is good advice. But if you can afford to buy a quality coin that is also rare, your coin becomes an heirloom. That’s the word I thought of when I saw this 1887 Melbourne shield sovereign for the first time, photographed above. With a deep strike set against undulant, proof-like fields, it is the best example of this date I’ve handled since 2007, and one of the nicest shield back sovereigns I’ve had the pleasure of offering generally. Most importantly, it is the finest example of this date assessed by PCGS (8/19). If you’re seeking to build a premium shield sovereign set, or are looking for a centrepiece for your type set, 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).