1911 Melbourne Sovereign PCGS MS62
The 1911-M is a scarcer early George V sovereign that appears to be underrated by the catalogue. Just have a look at the population report: PCGS has only graded 21 examples of the 1911-M sovereign, while they’ve graded 86 x 1912 Melbournes, 68 x 1913 Melbournes, 78 x 1914 Melbournes and so on (November 2013). In fact, of all the early Melbourne George V sovereigns (say from 1911 to 1919), PCGS has graded the fewest 1911-Ms overall. (PCGS has graded fewer 1920-Ms, but, of course, the 1920-M is a key date and worth over $10,000 in Mint State.) The coin photographed above could be a keeper in the medium or long-term. Scarce. 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). The 1911-M is a scarcer early George V sovereign that appears to be underrated by the catalogue. Just have a look at the population report: PCGS has only graded 21 examples of the 1911-M sovereign, while they’ve graded 86 x 1912 Melbournes, 68 x 1913 Melbournes, 78 x 1914 Melbournes and so on (November 2013). In fact, of all the early Melbourne George V sovereigns (say from 1911 to 1919), PCGS has graded the fewest 1911-Ms overall. (PCGS has graded fewer 1920-Ms, but, of course, the 1920-M is a key date and worth over $10,000 in Mint State.) The coin photographed above could be a keeper in the medium or long-term. Scarce.