Heritage World Coin Auctions
ANA Signature Sale 3041 Sess. 4 13 August 2015
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Australia
George V gold Sovereign 1923-S MS64 PCGS, Sydney mint, KM29, S-4003. An outstanding selection from the Sydney mint with exquisite, harvest-gold color that dazzles across fresh, satiny fields. Other than a few small ticks on the reverse motif which preclude a finer designation, this piece is seemingly free of any noteworthy blemishes. Currently among only two other certified examples in this top designation, absolutely desirable in this near-Gem quality.According to Challis, the rarity of this issue lies not only in its exceptional preservation, nor in its low, original mintage of 416,000 pieces, but in the understanding that some 90 million Sovereigns were melted down and converted into bars for the Bank of England in the early 1930s, with a sizeable portion of those coming from the South African and Australian mints. Thus, it is believed that an extremely small group of specimens, perhaps no more than 25 pieces with this date and mint combination, were thought to have survived.
Estimate: 20000-25000 USD
George V gold Sovereign 1923-S MS64 PCGS, Sydney mint, KM29, S-4003. An outstanding selection from the Sydney mint with exquisite, harvest-gold color that dazzles across fresh, satiny fields. Other than a few small ticks on the reverse motif which preclude a finer designation, this piece is seemingly free of any noteworthy blemishes. Currently among only two other certified examples in this top designation, absolutely desirable in this near-Gem quality.According to Challis, the rarity of this issue lies not only in its exceptional preservation, nor in its low, original mintage of 416,000 pieces, but in the understanding that some 90 million Sovereigns were melted down and converted into bars for the Bank of England in the early 1930s, with a sizeable portion of those coming from the South African and Australian mints. Thus, it is believed that an extremely small group of specimens, perhaps no more than 25 pieces with this date and mint combination, were thought to have survived.
Estimate: 20000-25000 USD