The 1872/1 Gold Sovereign Melbourne - 2/1 OverdateThis was the first year that Melbourne Mint struck coins. The mint mark 'M' is on the Reverse below the shield at the crossing point of the wreath and above the rose. This shows this coin was minted at the Melbourne Mint, Victoria, Australia.
There was a worry that the new dies may not arrive from London, so in 1872 Julius Hogarth was employed to prepare some dies locally. He modified the unused 1871 dies so as they would read 1872.
The modification was good but not perfect and you can see that a modification was made to the 2 over a 1. But it does increase the price of the coin a little.The Reverse is a shield designed by Jean Baptiste Merlen.
The 1872 Sovereign also is available with a Young Head St George Reverse.
Queen Victoria’s young head, by William Wyon, can be seen on the obverse of the coin.Images used by permission of Museums Victoria.
Mintage: Not known
Minted at The Royal Mint
Minted in 1872. See Coins and Events of 1872
Monarch/Ruler: Victoria (1837-1901)
Category: Sovereigns. See more Sovereigns coins
Country of Origin: United Kingdom
List items on:
 | Australia. 1872 Melbourne - Shield Sovereign. Much Lustre - EF/gEF £ 1,367.60 |
 | Australia. 1872 Melbourne - Shield Sovereign. Full Lustre - aU/UNC £ 1,719.42 |
 | 1895m Gold Victoria Full Sovereign Coin, Melbourne Mint, Veiled Head £ 1,077.70 |
 | 1875 M, Melbourne Mint Victoria young head gold sovereign £ 1,047.10 |
 | AUSTRALIA 1872 M GOLD MELBOURNE SOVEREIGN LOW MINT KEY DATE RARE HIGH GRADE £ 2,110.92 |
 | 1872 Queen Victoria Young Head Gold Sovereign £ 1,077.00 |
 | Australia. 1872 Melbourne - Shield Sovereign. Much Lustre - gVF/EF £ 1,560.70 |
 | Australia. 1872 Melbourne - Shield Sovereign. Much Lustre - EF £ 1,494.57 |
List items on: