Canada: Edward VII gold Sovereign 1909-C,...

Description

Edward VII gold Sovereign 1909-C, KM14, MS65 PCGS, bust right/St. George slaying the dragon, date in exergue below, Ex Campbell. There are lots of "commercial-grade" sovereigns around, both raw and certified, in the AU and lower Mint State grades, up to MS62 or so. However, in the upper reaches of Mint State, MS63 through MS67 or so, they are not only nearly unobtainable, they are also astoundingly beautiful when found with choice surfaces. The Ottawa Mint sovereigns (with mintmark C for Canada) are increasingly popular issues among many collectors, along with some other branch mint issues from India, Australia, and South Africa, the Victoria Jubilee sovereigns, and the Australian "shield backs" in general.

The Edward VII sovereigns are a study in contrasts: While the 1908-C sovereign is a Specimen-only issue produced to the extent of 636 pieces (according to Charlton, or 633 according to Michael A. Marsh in The Gold Sovereign, Jubilee edition), the 1909-C and 1910-C saw mintages in the low tens of thousands and today are considered R2, or "very rare," in the Marsh reference. In total contrast, the Edward VII sovereigns with the S, M, and P mintmarks (for Sydney, Melbourne, and Perth, Australia) are all considered quite common (or nearly so) and all produced in the millions of coins each. (One hastens to add that a large percentage of the sovereigns of any stripe were melted in one of several extinction events of the 1920s and 1930s, much as happened with most U.S. gold coinage of that era.)

The present 1909-C is one of only two Gems for the issue certified at PCGS, and there are none finer. This is a splendid piece with yellow-gold color at the margins and tinges of reddish-gold in the center. The strike is boldly impressed, and only a couple of dotlike contact marks appear on the King's upper brow, with one on the horse's shoulder. The devices elsewhere are remarkably pristine. An amazing coin, both in its quality and in its rarity. Expect runaway bidding on this piece and the other memorable sovereigns in this collection.
From the Canadiana Collection

Metal: Gold
Weight: 7.9881g
AGW: 0.2355oz
Mintage: 16,273

More information about Canadian Coins. See also: Canada World Coin Nationality.

Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.

View Certification Details from PCGS