World Coins and Tokens, Australia, Victoria, sovereign, 1886M, young head l., M below, rev. St George and the dragon (S.3857C), certified and graded by PCGS as Mint State 65
One of the two highest graded by PCGS, these coins rarely appear without significant bagmarks, making this a very scarce and choice piece with a satin-like finish.
($2250-3250)