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Sovereign 1887 Melbourne, first legend, hooked J, lower spaced (DISH M3)
Victoria (1837-1901), gold Sovereign, 1887, Melbourne, Australia Mint, Golden Jubilee style bust facing left, small crown and veil on head, pearl earring and 13 pearl necklace, raised J.E.B. initials lower and spread on truncation with hooked J, initials of engraver J Edgar Boehm, first abbreviated Latin legend and toothed border surrounding, VICTORIA D:G: BRITT: REG: F:D: rev. struck en medaille, St George and dragon right, horse with short tail, broken lance to left on ground-line, tiny WWP under lance, initials of William Wellesley Pole, Master of Mint when design introduced, M mint mark at centre of ground-line, date in exergue, initials B.P to upper right, for engraver Benedetto Pistrucci, edge milled (DISH M3 R5; Marsh 131B; S.3867). With a number of light surface marks, otherwise almost extremely fine and extremely rare.
DISH variety M3 has the same estimated 4.75% output for the year as varieties DISH M1 and M2. Once again, a very hard coin to find. as with DISH M1, no example in either the "Bentley Collection" sold at Baldwin 2012-13 or the "Quartermaster Collection" sold at Monetarium, Australia in 2009.
Sold as part of the David Iverson Collection on the 130th anniversary of the Jubilee head Sovereign - coin JH29