Red SheetSubscribeWhat is my coin worth?About

1887-M Half Sovereign

Young Head


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.

M mintmark indicates the coin was struck in Melbourne (this coin)

The more common type was struck in Sydney and bears an S mintmark

This type can be differentiated from the Jubilee head types from the obverse portrait.

Young Head portrait (this coin)

The Jubilee Head type

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 coinThe number of coins struck of a particular designation(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)
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.