Coming from a mintage of 64,013, combined with the Jubilee Head types, the 1887 Melbourne is one of the scarcest half sovereigns ever issued. It is estimated that a total of around 600 examples remain today making it extremely difficult to source at or above AU. It is however not quite as scarce as is generally considered with the 1881 Melbourne, and possibly the 1886 Melbourne, being slightly scarcer in better grades and the 1885 Melbourne being scarcer overall.
The type can be differentiated from the 1887 Sydney by the presence of an M mintmark underneath the shield.
This type can be differentiated from the Jubilee head types from the obverse portrait.
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.