Australia 1887-M Gold Sovereign Young Head St. George NGC AU-53

Description

Australia 1887-M Gold Sovereign Young Head St. George KM-7 NGC AU-53 (AGW = 0.2355 oz.)
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SPECIFICATIONS
Composition:
Gold
Fineness:
0.9170
Weight:
7.9881g
AGW:
0.2355oz
DESIGN
Obverse:
Young head left, mint mark below
Reverse:
St. George slaying dragon
NOTES
Ruler:
Victoria
Note:
Mintage figures include St. George and shield types. No separate mintage figures are known.
1887 Gold Sovereigns - Three Types
In 1887, there were 3 different types of gold sovereign issued; Victoria Shield, Young Head St. George, and Jubilee. There were also 3 Mints; Melbourne, Sydney and London.
Young Head Shield Reverse
Victoria "shields" were issued from 1838 to 1887 inclusive.
Young Head St. George & Dragon Reverse
The Victoria young head St. George & dragon reverse type was issued from 1871 to 1887 inclusive.
Jubilee Head St. George & Dragon Reverse
The "Jubilee" head was issued from 1887 to 1893 inclusive. These all have the St. George & dragon reverse.
1887 Sovereigns Mintage
Type
Mintmark
Mint
Mintage
Shield
L
London
None
Shield
M
Melbourne, Australia
1,916,424
Shield
S
Sydney, Australia
1,000,000*
Young Head St. George
L
London
None
Young Head St. George
M
Melbourne, Australia
Not Known
Young Head St. George
S
Sydney, Australia
1,000,000*
Jubilee Head
L
London
1,111,280
Jubilee Head
M
Melbourne, Australia
940,000
Jubilee Head
S
Sydney, Australia
1,002,000
Total
Not Known
Mints
In 1887, The Royal Mint in London, and the Australian mints in Melbourne and Sydney, all issued sovereigns.
Availability
As with many older sovereigns, availability can be quite variable, particularly in better condition. Often we come across small batches of sovereigns, all of a particular date and mintmark, so that we have an abundant supply while stocks last, then we may not see another similar batch for years.
Please check the individual pages for each of the 3 design types of 1887 sovereign.