1894 Melbourne Sovereign PCGS MS62
In January 2013, I saw an 1894-M Sovereign, also graded PCGS MS62, sell for $565 on Ebay. The coin photographed above is well-priced by comparison. 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). In January 2013, I saw an 1894-M Sovereign, also graded PCGS MS62, sell for $565 on Ebay. The coin photographed above is well-priced by comparison.