George V 1924 M Gold Sovereign - Rare

AUSTRALIA. George V, 1910-36.
Gold Sovereign, 1924 M. Melbourne.
Bare head left, B.M. on truncation; GEORGIVS V D. G. BRITT: OMN: REX F. D. IND: IMP:. / St George on horseback slaying the dragon right; mintmark M in groundline; date and B.P. in exergue. Edge milled.

The 1924 Melbourne sovereign belongs to the period when overseas branch mints continued producing gold coinage after regular London production had ceased during the First World War. Melbourne had opened in 1872 to serve Australia’s gold industry, and its output is identified by the small M beneath St George.

With a recorded mintage of 278,140 and a Rare rating in Steve Hill’s catalogue, the 1924 M is a scarcer date in the George V Melbourne series.

Lightly cleaned, good very fine.

Graded Rare in the Standard Catalogue to the Gold Sovereign by Steve Hill.

Reference: S-3999; Marsh-242; McD-277
Weight: 7.99g. (AGW=0.2355 oz.)
Diameter: 22mm.
Mintage: 278,140.
Composition: 917/1000 Gold.

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