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Sovereign 1923 - Australian Coins Price Guide and Values

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Sovereign 1923 value
The value of a Sovereign 1923 Australian coin depends on several factors such as quality and wear, supply and demand, rarity, finish and more.
The melt and minimum value of a Sovereign 1923 is $1,666.59.
- Adjectival
| Variety | VG | F | VF | EF | aUNC | UNC | CHU | GEM |
|---|---|---|---|---|---|---|---|---|
| 1923 - Sydney | $4,750 | $10,200 | $13,000 | $16,700 | $21,300 | $28,500 | $41,000![]() | $42,900 |
| 1923 - Melbourne | - | - | $1,410![]() | $1,410![]() | $1,410![]() | $1,410 | $1,410![]() | $1,410![]() |
| 1923 - Perth | - | - | $1,410![]() | $1,410![]() | $1,410![]() | $1,410 | $1,410![]() | $1,410![]() |
View the average prices of certified Sovereign 1923 sold at auctions »
Varieties
Sydney
Low original mintage of 416,000 and extensive melting of Sovereigns in the early 1930s, when the Bank of England converted some 90 million pieces into gold bars, with a significant portion originating from the South African and Australian mints. It is believed that perhaps no more than 25 specimens of this date and mint combination have survived.
Melbourne
Perth
Mintage
- Sovereign 1923 - Sydney : 416,000
- Sovereign 1923 - Melbourne : 511,000
- Sovereign 1923 - Perth : 2,120,000
Specifications - Sovereign 1923 - Sydney
- Mint: Sydney
- Alloy: 91.67% gold and 8.33% copper
- Diameter : 21.5mm
- Engraver: Obverse: E.B. Mackennal, Reverse: B. Pistrucci
Last update : Saturday, January 3, 2026
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