1909 Gold Sovereign MEL


The 1909 Gold Sovereign - Melbourne Mint

The 1909 Melbourne Sovereign depicts Benedetto Pistrucci’s famous portrayal of St George slaying the dragon on the reverse of the coin. The small 'M' above the date indicates that this coin was minted in the Melbourne Mint, Victoria, Australia.

King Edward VII’s portrait can be seen on the obverse of the coin, designed by G W De Saulles (initials DeS at base of neck).

Image credit: Museums Victoria.


Mintage: 3,029,538 (may include coins in sets)
Minted at The Melbourne Mint.
Remember 1909 ?
Monarch is Edward VII. Prime Minister is H. H. Asquith (Liberal). Theodore Roosevelt is replaced by the 27th President William Howard Taft. The FA Cup final is won by Manchester United for the first time, as they beat Bristol City 1–0 at Crystal Palace. Louis Blériot flies a Blériot XI monoplane across the English Channel from Calais to Dover, winning a prize of £1000 from the Daily Mail. The first Woolworths appear in the UK.
Edward VII (1901-1910)
Edward VII was King of the United Kingdom and the British Dominions and Emperor of India from 22 January 1901 until his death in 1910. Edward was the eldest son of Queen Victoria and Prince Albert of Saxe-Coburg and Gotha. Edward married Princess Alexandra of Denmark in 1863.

Five Pound, Two Pound and Crowns were only released in 1902. The 1902 Proof set for the Coronation is unusual in that it had a Matt finish. Gold Sovereign mintages were high during the reign of Edward VII, averaging more than 10 million per year which makes them fairly common even today.
General Description: Sovereigns
The 1909 Gold Sovereign Melbourne is an example of the Gold Sovereign and is one of the most ubiquitous of all coins and much sought after by both coin collectors and bullion investors. Sovereigns have been minted since 1817 (in Britain 1817-1917, 1925 and 1957 on). At coins fairs you often hear the dealers refer to these coins as Sovs.

Besides being minted in Britain, Sovereigns have been made in Australia (Melbourne, Sydney, Perth), India (then Bombay, now Mumbai), Canada (Ottowa) and South Africa (Pretoria) although these regional mints have not made sovereigns since 1932. The non-British coins carry a small mintmark ('S','M','P','I','C' or 'SA') just above the date. This 1909 Gold Sovereign Melbourne was minted at The Melbourne Mint.

The Obverse is the Monarch's head (Edward VII) and the Reverse is most often St George and the Dragon, although other backs have been used and are of interest to collectors. The Reverse often gives the Sovs a new term, like "ShieldBacks".

Specifications for the Gold Sovereign
 
  • Weight: 7.9881g
  • Diameter: 22.05 mm
  • Thickness: 1.52 mm
  • Purity: 22 carat = 91.67% (11/12ths gold, 1/12th copper. Adding copper makes the coin more scratch and dent resistant)
  • Gold Content: 113 grains = 7.3224 g = 0.2354 troy ounce
  • Face value: £1 = 20 shillings
  • Monarch: Edward VII

History

Up until 1604 there was a coin called the English gold sovereign and in 1816 when there was the "Great Recoinage" the name was revived. At that time standard gold (22 carat) was valued at £46 14s 6d per troy pound; this meant a £1 coin needed to weigh 123.2744783 grains or 7.988030269 g. The weight is still the same today.

As a historical note: to maintain the Gold Standard, in 1816 the value of silver was set at 66 shillings for one troy pound and silver coins were only legal for denominations up to £2.

The first sovereigns carried the head of King George III and the famous George and the Dragon design by Benedetto Pistrucci (29 May 1783 – 16 September 1855), an Italian engraver who became chief medallist at the Royal Mint.

With high value coins such as the 1909 Gold Sovereign Melbourne, collectors and bullion investors often worry about forgeries but actually gold coins are very difficult to forge due to gold's unique properties of density and colour. Gold is extremely dense and to use another metal and gold-plate it would result in a coin that is under-weight, over-diameter or half as thick, something that would be spotted very easily. More difficult to spot would be a bullion coin melted down and re-cast as a highly collectable date, but an expert can usually tell these too. You should always use reputable dealers.

Which Mint: The Melbourne Mint
The Melbourne Mint, Victoria, Australia, opened around 1872 and was originally a branch of the Royal Mint in London. From 1872 to 1916 the Melbourne Mint minted only gold sovereigns, but from 1927 to 1967 it produced all Australian coins.
Country of Origin: Australia
Australia is a country and continent surrounded by the Indian and Pacific oceans. Australia used pounds, shillings and pence until 1966, when it adopted the decimal system with the Australian dollar divided into 100 cents. The 1oz Silver coins are a particular favourite with collectors around the World and feature the famous Australian animals such as Kookaburra, Kangeroo and Kaola.
If you don't see a coin in the list below try the Sovereigns page on eBay UK

List of items on:

USA On eBay USA:
UNCIRCULATED VINTAGE SILVER Coin Mixed Lot .90 to .999 Troy Oz Pure BU LIMITED
UNCIRCULATED VINTAGE SILVER Coin Mixed Lot .90 to .999 Troy Oz Pure BU LIMITED
USD $ 38.99
✯LOT OLD US COINS ✯ .999 SILVER BARS BULLION✯ MONEY GOLD HOARD ESTATE 1964✯
✯LOT OLD US COINS ✯ .999 SILVER BARS BULLION✯ MONEY GOLD HOARD ESTATE 1964✯
USD $ 39.50
OLD ESTATE SALE ~ 90% SILVER US COINS LOT ~ HOARD Pre1964 UNC BULLION BAR ~ GOLD
OLD ESTATE SALE ~ 90% SILVER US COINS LOT ~ HOARD Pre1964 UNC BULLION BAR ~ GOLD
USD $ 38.95
Vintage Stamped Lincoln Wheat Penny Roll - 50 Cent Lot of PDS 1909-1958 US Coins
Vintage Stamped Lincoln Wheat Penny Roll - 50 Cent Lot of PDS 1909-1958 US Coins
USD $ 9.99
*SALE* HUGE COIN COLLECTION BULLION LOT Gold GP Silver 75+ US Coins! *FREE COIN*
*SALE* HUGE COIN COLLECTION BULLION LOT Gold GP Silver 75+ US Coins! *FREE COIN*
USD $ 25.99
ESTATE LOT SALE ~ OLD COINS BULLION BARS .999 SILVER CURRENCY GOLD HOARD
ESTATE LOT SALE ~ OLD COINS BULLION BARS .999 SILVER CURRENCY GOLD HOARD
USD $ 24.95
✯LOT OLD US COINS ✯ .999 SILVER BAR BULLION✯ MONEY GOLD HOARD ESTATE SALE 1964✯
✯LOT OLD US COINS ✯ .999 SILVER BAR BULLION✯ MONEY GOLD HOARD ESTATE SALE 1964✯
USD $ 38.75
VINTAGE RARE US Mint Set Mix Lot - Contains 25+ Rare Coins & One Mint Set
VINTAGE RARE US Mint Set Mix Lot - Contains 25+ Rare Coins & One Mint Set
USD $ 39.99

List of items on:


UK On eBay UK:


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USA On eBay USA:


Check prices for these coins in the eBay Coins Category
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