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1877-M Narrow Ribbon Half Sovereign

Young Head

Australia

In 1877 the Melbourne mint introduced a new obverse design featuring a narrow ribbon tying the Queen's hair together. While the old design was still used on 1877 half sovereigns, a vast majority were struck with the new narrow ribbon design.

Melbourne Mint 'M' mintmark directly below the shield and between two rosettes.

This new obverse bust type features a low relief and a narrow ribbon through Victoria's hair. The shield appears to be identical to the previous Melbourne years but it displays less detail, possibly due to die wear from re-using the dies from previous years.

Note the narrower width of the ribbon.

The 1877 Wide Ribbon design

This design combination was used exclusively by the Melbourne Mint in 1877 and 1882.

Despite being the more common of the 1877 types, it is by no means easy to obtain, especially if sought in better grades. Above AU, the date is very difficult to acquire but it is available in mint state. The date is quite underrated with approximately 750 to 1000 examples available, most of which would grade from VG to F. Note that the mintage figure of 80,016 includes the wide ribbon type bearing the same date. The reverse of this date is almost always appears superior by about one grading with AU level examples still having nearly full mint lustre on the reverse owing to the intricate and hard-wearing shield.

a facility that produces coinsThe tails side of the coinA substance composed of several metalsThe heads side of the coinTooth like shapes around the edge of a coinThe inscription around the inner edge of the coinA marking, usually a letter or dot that signifies which mint struck a particular coinA cylindrical punch with an inverted impression of a coin's design used to strike the coin(Monetarium (Australia) Pty Ltd, 2009)(Monetarium (Australia) Pty Ltd, 2009)(Melbourne Museum, 2016)(Melbourne Mint Australia, 2013)(Monetarium (Australia) Pty Ltd, 2009)(Monetarium (Australia) Pty Ltd, 2009)(Monetarium (Australia) Pty Ltd, 2009)The raised portion of the deisgnA cylindrical punch with an inverse design of the coin which is used to strike coinsThe state of a coin which has not been in circulationThe total number of coins of a certain type struck in a particular yearThe natural reflectivity of an unworn coin
Values 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.