Specifications: Mintage 406, Diameter 22.05mm, Weight 7.98g & 22ct Gold

GREAT BRITAIN: (1910-1936) King George V 1923 South Africa Mint Gold Sovereign Extremely Rare. Obverse: Head of George V Head Bust facing Left. Legend: GEORGIVS V D.G.BRITT:OMN:REX F.D. IND:IMP: Reverse: St. George and Dragon with date below exergue line & the small letters B.P. to the Right. 'SA' above in ground. Edge: Milled. S4004. Graded by PCGS AU55. Just 406 were minted of this year and few remain. The Gold Sovereign) that "During the period covered by this report only one deposit of gold was received at the mint. This consisted of old jewellery, which after the Rand Refinery's charge for refining, and the Mint charges, was found to be of the net value of £406.0s.9d" This evidence suggests, but does not prove, that 406 currency sovereigns were minted at Pretoria during 1923; the mint master mentioned only "resulting sovereigns," which is suggestive but not definitive. Nor did he identify the "depositor." What is definitive is the survival of those coins. Evidently most of the mintage perished. Marsh further reported that his correspondence with the South African Mint in 1979-1980 confirmed the statement from that report of 1924. Information dating from 1980 to 1985 also confirmed the existence of a currency specimen of the 1923-SA sovereign held in the Mint Collection at Pretoria. It is one of just a few pieces known to exist. The issue is rated Extremely Rare. (information from Heritage). It is noted that in the new Michael Marsh revised by Steve Hill that this is down rated to a Rarity 3 from a Rarity 6. Whilst However, one should note that the circulated variety of this sovereign is FAR rarer than the Proof Issue struck for this year and therefore still a highly sought after variety for any Serious Sovereign Collector!

Graded by PCGS AU55 - Population with PCGS 3/ 10 Population with NGC 5/ 4 Graded Higher. (We also have to consider that many coins may have been regraded several times)

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