1892 Melbourne Sovereign PCGS MS63+

McD 185. It’s not often that I see a Jubilee head sovereign and think “Wow!”. That was what went through my mind when I saw this piece. As most sovereign collectors know, the Jubilee head series is notorious for its baggy sovereigns, so when I saw the coin photographed above, graded PCGS MS63+, I thought to myself that it had to be one of the nicest Jubilee head sovereigns I’d seen in the last five years—and certainly the best 1892-M sovereign I’ve seen ever. Both the 1889-M and 1892-M are the worst offenders when it comes to bag marks, with the top grade in both years being MS62 (excluding this coin for sale here). The Jubilee head series as a whole has an average grade of only 61.82 (calculated on 2^nd^ June 2013), so the coin on offer here is vastly above average. Single-finest graded by PCGS, this coin would rate as “Gem UNC” under the Australian grading system, and is worthy of a strong premium to your typical 1892-M sovereign. I doubt you’ll find better. RARE this nice. 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). McD 185. It’s not often that I see a Jubilee head sovereign and think “Wow!”. That was what went through my mind when I saw this piece. As most sovereign collectors know, the Jubilee head series is notorious for its baggy sovereigns, so when I saw the coin photographed above, graded PCGS MS63+, I thought to myself that it had to be one of the nicest Jubilee head sovereigns I’d seen in the last five years—and certainly the best 1892-M sovereign I’ve seen ever. Both the 1889-M and 1892-M are the worst offenders when it comes to bag marks, with the top grade in both years being MS62 (excluding this coin for sale here). The Jubilee head series as a whole has an average grade of only 61.82 (calculated on 2^nd^ June 2013), so the coin on offer here is vastly above average. Single-finest graded by PCGS, this coin would rate as “Gem UNC” under the Australian grading system, and is worthy of a strong premium to your typical 1892-M sovereign. I doubt you’ll find better. RARE this nice.