1916 Melbourne Sovereign PCGS MS63
The 1916-M sovereign is one of the harder dates in the early George V sovereign series. I’ve built a number of George V sovereign sets for collectors over the years, and the 1916-M sovereign is always one of the last gaps in the collection to be filled. Like the 1919-M sovereign, which used to be a $500 coin in UNC, the 1916-M sovereign has good potential to rise in price as more collectors figure out how scarce it is, in my view. 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 1916-M sovereign is one of the harder dates in the early George V sovereign series. I’ve built a number of George V sovereign sets for collectors over the years, and the 1916-M sovereign is always one of the last gaps in the collection to be filled. Like the 1919-M sovereign, which used to be a $500 coin in UNC, the 1916-M sovereign has good potential to rise in price as more collectors figure out how scarce it is, in my view.