1921 Melbourne Sovereign PCGS MS63
The causes of the traumatic mass meltings of sovereigns in the 1920s are well-known. What is less well-known is that the 1921M sovereign is one of the rarest sovereigns to come out of that period. The 1920S sovereign deserves first place as the key rarity, of course, but the 1926S is often considered the next hardest date. In our view, this is wrong. One glance at the PCGS Population Report shows that far fewer 1921M sovereigns have been graded by PCGS compared to the 1926S across all grades. There are also fewer 1921M sovereigns graded MS64, while higher grade 1926S sovereigns are also more numerous. The 1921M sovereign on offer here is one of the nicer coins we’ve handled since 2008. It is fully lustrous, and has great depth in the strike on the reverse; the mintmark is particularly clear, but so are the rider, the horse, and the dragon. If you’ve been chasing a quality example of this key date, and don’t want to compromise on quality, this coin belongs in your collection. 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).