The 1885 Melbourne is the rarest date in the Young Head series, coming from a tiny mintage of 11,003. Marsh rates this coin as R5 (9 to 14 examples known), a strong indication of the coins' extreme rarity before the Reserve Bank of Australia released its gold holdings. A present day estimate would be closer to 200. The type turns up once or twice per year at auction in the lower grades and has historically demanded a premium over catalogue values. The date generally turns up in the VF to XF range and although it is extremely scarce beyond this.
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.