1886 Victoria Sovereign Melbourne Mint St George
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22 carat gold 'Young Head' Melbourne mint Queen Victoria Sovereign dated 1886 with Pistrucci design to the reverse.
Queen Victoria Young Head Sovereigns
Victoria came to the throne at the age of 18 in 1837. She would wear the crown for 63 years across a period of unprecedented change in the UK and the wider British Empire that would become known as the Victoria era.
The coinage minted in the early decades of Victoria's reign features variations on a royal portrait known as the 'Young Head'. This effigy was created by the Royal Mint's Chief Engraver, William Wyon, and shows the youthful Queen with her hair pulled back by two fillets. The legend around reads: 'VICTORIA D: G : BRITANNIAR : REG : F : D :' or similar.
In 1871 the reverse of some gold Sovereigns was changed from Jean Baptiste Merlen's shield design to Benedetto Pistrucci's classic interpretation of the legend of St George and the dragon. For UK Sovereigns, minted in London, this design was used concurrently with the old shield design for only a few years. At the Melbourne and Sydney branch mints - both founded in Victoria's reign - the two designs coexisted for much longer.
Sovereigns Of The Melbourne Mint
Opened in June 1872, Melbourne was the second of the three colonial Royal Mint branches established in Australia. Each of these mints was positioned to take advantage of successive gold rushes that increased both the supply of raw gold and the demand for gold coins.
You can identify Young Head Melbourne mint shield-back Sovereigns by looking for an 'M' mint mark below the wreath. For Saint George Young Head Melbourne mint Sovereigns the mint mark appears beneath the obverse portrait.
Sovereigns would be struck at the Melbourne mint until 1931 when the Pound left the gold standard. This was more than a decade after Sovereigns had ceased to be issued in London. In the early twentieth century the Melbourne mint would strike Commonwealth silver coinage before production was moved to the Royal Australian Mint in Canberra.
Historic Queen Victoria Gold Coins
Marsh reports that some 2,902,131 Sovereigns were issued from the Melbourne mint in 1886 though this figure includes the rarer shield back coins. Like all branch mint Sovereigns, those struck at the Melbourne mint can be difficult to find, particularly in high grade. All our historic Sovereigns are individually authenticated and graded by our expert staff.
Grade: EF - Excellent details, usual minor contact marks for gold and a grade of Extremely Fine or near so.
Victorian Sovereigns conform to the narrow specifications established for these coins when they were first issued in 1817. Each one is composed of 7.98 grams of 22 carat gold and has a diameter of 22.05 millimetres. Their gold content means that these coins are free from VAT in the UK and the EU while their face value of £1 / One Pound lends them an important Capital Gains Tax exemption.
Sell An 1886 Victorian Gold Sovereign
Got a historic branch mint Sovereign you are looking to sell? We buy Melbourne mint Sovereigns and other rare gold coins for market leading prices. Visit our Sell Your Coins page for more information or contact us today for a free, no-obligation quote for your Queen Victoria Sovereign.
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