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1921 Melbourne Sovereign PCGS MS62

Material
Gold
Category
Coins
Fineness
916.7‰
Mass (g)
7.988
Premium (%)
0.00
Shipping cost to
Unknown
All-in premium (%)
Unknown
Price
34,704.45 USD
Dealer
Drake Sterling
Dealer country
Australia
Last price update
2026-03-23
Last seen
Unknown
Available until
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Has certificate
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Is IRA eligible
Is LSP
Is numbered ingot
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Is under seal
Keywords
Main base metal
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Mintage uncirculated
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There are a handful of rare sovereign dates in the George V sovereign series. [The most well-known is the 1920-S](https://www.drakesterling.com/news-wire/post/pcgs-grades-the-australian-1920-s-sovereign "1920 Sydney sovereign"), but other popular dates are the 1917 London, 1926-S, 1922-S, 1923-S, and 1921-M. Collectors like to debate which sovereign deserves the silver medal after the 1920-S, but what is clear is that the 1921-M is one of the rarest dates of the sovereign series. I’ve handled the date twice in the last twelve years: Compare that to the six 1922 Sydney sovereigns, six 1923 Sydney sovereigns, and four 1926 Sydney sovereigns I’ve dealt with over the same period of time. Including uncertified coins, I’ve seen only three or four additional 1921-M sovereigns on the market across all grades in recent years, including one very bad coin with concentric scratches on one of the sides. The example on offer here comes from an old country NSW collection, and is one of the nicer examples to appear on the market in recent times. It is mint state, fully lustrous, and minimally bagged; the reverse is particularly nice, with clear fields and an above-average strike. If you’re building a sovereign collection and are chasing rare George V melt rarities, such as the 1921-M sovereign, this coin is an essential acquisition. 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).