The 1887 half sovereigns come in a number of varieties distinguishable by the place of manufacture which can be Sydney, Melbourne or London and by the positioning of the obverse designer's initials, JEB. The mint can be determined by a mintmark, or absence of underneath the shield on the reverse. An S indicates this issue, the Sydney mint, an M indicates Melbourne while the London mint issues do not display a mintmark.
The three varieties of designer's initials are wide, medium and narrow, also known as Small Spread, Normal and Close respectively. The Wide spaced variety features short or crushed characters while the Medium and Narrow feature full sized characters with varying spacing between them.
The Medium JEB is the toughest of all the 1887 varieties with an estimated survival count of about 300. Considering the mintage of 64,000, shared with the Young Head type and with two much more common Jubilee head varieties, it's not hard to imagine how so few have survived, they just weren't around to begin with. The type is scarce in any grade and gets particularly tough in mint state.
MintageMintageMintageValues are in AUD and are retail price estimations based on past sales of coins certified by PCGS or NGC and as such values only related to such graded coins. Uncertified coins or coins graded by other services would likely be worth significantly less. For wholesale pricing please refer to the Red Sheet. While all attempts to ensure accurate pricing, data entry errors can occur and as such no warranty is expressed or implied as to the accuracy of any information published on this website. It is important to verify all published sales to ensure the accuracy of the pricing when making any purchase decision. Any personal information provided to us is protected by the Privacy Act 1988.