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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 $1,677.67.
- Circulated
- Uncirculated
| Variety | G-4 | VG-8 | F-12 | VF-20 | EF-40 | AU-50 |
|---|---|---|---|---|---|---|
| 1923 - Sydney | - | - | - | - | $9,100![]() | $15,200![]() |
| 1923 - Melbourne | - | - | - | - | $1,540![]() | $1,540![]() |
| 1923 - Perth | - | - | - | - | $1,540![]() | $1,540![]() |
| Variety | MS-60 | MS-62 | MS-63 | MS-64 | MS-65 | MS-66 | MS-67 |
|---|---|---|---|---|---|---|---|
| 1923 - Sydney | $23,000![]() | $29,100![]() | $38,800![]() | $41,500![]() | $47,500![]() | - | - |
| 1923 - Melbourne | $1,540![]() | $1,540![]() | $1,540![]() | $1,540![]() | $1,590![]() | - | - |
| 1923 - Perth | $1,540![]() | $1,540![]() | $1,540![]() | $1,540![]() | $1,540![]() | - | - |
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.
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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