Sovereign 1923, Coin from United Kingdom

Sovereign 1923, Coin from United Kingdom (demonetised 1971)

Coin	Sovereign 1923

A gold coin (22.05 mm diameter with milled edge) featuring the effigy of King George V facing left; around, GEORGIVS V D.G. BRITT: OMN: REX F:D: IND: IMP:.

The reverse features St. George on horseback holding a short sword in his right hand, the horse rearing to right over a fallen dragon which has a broken lance in its chest; in exergue, the date, 1923 and the artist's initials B.P.; the mint mark is in the ground above the middle of the date.

In 1916 the [Australian] Commonwealth Treasury ordered Melbourne to pay for gold by cheque instead of in gold coin. In 1922 arrangements were made with Melbourne that it should coin gold whenever the bullion held reached 200,000 pounds. This seems to have occurred only every six months, the coin being held to back issues of Commonwealth paper money. This did not meet the needs of the Gold Producers Association; it would appear that they were able to employ the Perth Mint for their needs. Melbourne coins of the early 1920s are very rare, most having been deposited against paper money issues [thus stayed with the bank and never entered circulation]; Perth Mint coins of the era remain common.

Mint	Mint mark	Total Mintage
Perth Mint	Letter P	2,124,154 (2.1 million)
Melbourne Mint	Letter M	510,870
Sydney Mint	Letter S	416,000
Pretoria Mint	Letters SA	719

Obverse
Head of King George V facing left; around, GEORGIVS V D.G. BRITT: OMN: REX F:D: IND: IMP:

Obverse Inscription	GEORGIVS V D.G.BRITT: OMN: REX F.D.IND:IMP:

Reverse
St. George on horseback holding a short sword in his right hand, the horse rearing to right over a fallen dragon which has a broken lance in its chest; in exergue, the date, 1923 and the artist's initials B.P.; the mint mark is in the ground above the middle of the date.

Reverse Inscription	1923

Edge	Milled	Edge Inscription	None

Included in Set
The Centenary of Flying Scotsman 1923 Sovereign and 2023 UK £2 Gold Proof Coin Set, mintage 100 2 coins: £2 Silver Proof, Flying Scotsman 2023, Sovereign 1923

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Sovereign 1923: Known varieties

Variety	Proof FDC (Pretoria Mint)
Mintage	Issued: 655 (included in total)
Variety	Proof (Sydney Mint)
Mintage	Issued: unknown

Sovereign 1923: References to Information Used

Source	Edition	About	Link	Notes
Museums Victoria Collections	2016	Coin description	link
Renniks, Australian Coin and Banknote Values	1965	Mint		Sydney Mint, Melbourne Mint and Perth Mint
Remick, Catalogue of British Commonwealth Coins	1971	Mint		Pretoria Mint
Renniks, Australian Coin and Banknote Values	1965	Mintage		Sydney Mint, Melbourne Mint and Perth Mint mintage
Krause, Standard Catalog of World Coins		Mintage		Pretoria Mint circulation and proof mintage
Remick, Catalogue of British Commonwealth Coins	1971	Mintage		Pretoria Mint combined mintage
Museums Victoria Collections	2016	Varieties	link	Proof (Pretoria Mint)
Remick, Catalogue of British Commonwealth Coins	1971	Varieties		Proof (Pretoria Mint)
Museums Victoria Collections	2016	History	link

Showing 48 from a total of 148 coins of type: Sovereign (Pre-Decimal)

Coin Name	Mintage	Effigy	Legend
Sovereign 1898	12,418,485	Queen Victoria - Veiled Head	VICTORIA DEI . GRA . BRITT . REGINA . FID . DEF . IND . IMP
Sovereign 1899	17,045,127	Queen Victoria - Veiled Head	VICTORIA DEI . GRA . BRITT . REGINA . FID . DEF . IND . IMP
Sovereign 1900	20,604,734	Queen Victoria - Veiled Head	VICTORIA DEI . GRA . BRITT . REGINA . FID . DEF . IND . IMP
Sovereign 1901	11,467,982	Queen Victoria - Veiled Head	VICTORIA DEI . GRA . BRITT . REGINA . FID . DEF . IND . IMP
Sovereign 1902	16,122,198	King Edward VII - Bare Head	EDWARDVS VII D:G: BRITT: OMN: REX F: D: IND: IMP:
Sovereign 1903	19,891,190	King Edward VII - Bare Head	EDWARDVS VII D:G: BRITT. OMN: REX F: D: IND: IMP:
Sovereign 1904	21,278,022	King Edward VII - Bare Head	EDWARDVS VII D:G: BRITT. OMN: REX F: D: IND: IMP:
Sovereign 1905	17,198,434	King Edward VII - Bare Head	EDWARDVS VII D:G: BRITT. OMN: REX F: D: IND: IMP:
Sovereign 1906	21,746,651	King Edward VII - Bare Head	EDWARDVS VII D:G: BRITT. OMN: REX F: D: IND: IMP:
Sovereign 1907	29,302,643	King Edward VII - Bare Head	EDWARDVS VII D:G: BRITT. OMN: REX F: D: IND: IMP:
Sovereign 1908	21,702,207	King Edward VII - Bare Head	EDWARDVS VII D:G: BRITT: OMN: REX F:D: IND: IMP:
Sovereign 1909	21,784,151	King Edward VII - Bare Head	EDWARDVS VII D:G: BRITT. OMN: REX F: D: IND: IMP:
Sovereign 1910	32,287,808	King Edward VII - Bare Head	EDWARDVS VII D:G: BRITT. OMN: REX F: D: IND: IMP:
Sovereign 1911	40,048,431	King George V - Bare Head	GEORGIVS V D. G. BRITT: OMN: REX F. D. IND: IMP:
Sovereign 1912	39,292,322	King George V - Bare Head	GEORGIVS V D.G.BRITT: OMN: REX F.D.IND:IMP:
Sovereign 1913	33,750,854	King George V - Bare Head	GEORGIVS V D.G.BRITT: OMN: REX F.D.IND:IMP:
Sovereign 1914	20,118,033	King George V - Bare Head	GEORGIVS V D.G.BRITT: OMN: REX F.D.IND:IMP:
Sovereign 1915	27,652,715	King George V - Bare Head	GEORGIVS V D.G.BRITT: OMN: REX F.D.IND:IMP:
Sovereign 1916	8,171,636	King George V - Bare Head	GEORGIVS V D.G.BRITT: OMN: REX F.D.IND:IMP:
Sovereign 1917	7,741,314	King George V - Bare Head	GEORGIVS V D.G.BRITT: OMN: REX F.D.IND:IMP:
Sovereign 1918	13,900,265	King George V - Bare Head	GEORGIVS V D.G.BRITT: OMN: REX F.D.IND:IMP:
Sovereign 1919	5,480,498	King George V - Bare Head	GEORGIVS V D.G.BRITT: OMN: REX F.D.IND:IMP:
Sovereign 1920	3,311,196	King George V - Bare Head	GEORGIVS V D.G.BRITT: OMN: REX F.D.IND:IMP:
Sovereign 1921	3,339,481	King George V - Bare Head	GEORGIVS V D.G.BRITT: OMN: REX F.D.IND:IMP:
Sovereign 1922	3,485,190	King George V - Bare Head	GEORGIVS V D.G.BRITT: OMN: REX F.D.IND:IMP:
Sovereign 1923	3,051,743	King George V - Bare Head	GEORGIVS V D.G.BRITT: OMN: REX F.D.IND:IMP:
Sovereign 1924	2,139,740	King George V - Bare Head	GEORGIVS V D.G.BRITT: OMN: REX F.D.IND:IMP:
Sovereign 1925	21,276,258	King George V - Bare Head	GEORGIVS V D.G.BRITT: OMN: REX F.D.IND:IMP:
Sovereign 1926	13,663,346	King George V - Bare Head	GEORGIVS V D.G.BRITT: OMN: REX F.D.IND:IMP:
Sovereign 1927	18,073,404	King George V - Bare Head	GEORGIVS V D.G.BRITT: OMN: REX F.D.IND:IMP:
Sovereign 1928	19,981,682	King George V - Bare Head	GEORGIVS V D.G.BRITT: OMN: REX F.D.IND:IMP:
Sovereign 1929	14,067,451	King George V - Bare Head	GEORGIVS V D.G.BRITT: OMN: REX F.D.IND:IMP:
Sovereign 1930	12,020,682	King George V - Bare Head	GEORGIVS V D.G.BRITT: OMN: REX F.D.IND:IMP:
Sovereign 1931	9,743,139	King George V - Bare Head	GEORGIVS V D.G.BRITT: OMN: REX F.D.IND:IMP:
Sovereign 1932	1,066,680	King George V - Bare Head	GEORGIVS V D.G.BRITT: OMN: REX F.D.IND:IMP:
Sovereign 1937 Edward VIII (not released)	6	King Edward VIII - Bare Head	EDWARDVS VIII D : G : BR : OMN : REX F : D : IND : IMP.
Sovereign 1937 (Proof only)	5,501	King George VI - Bare Head	GEORGIVS VI D : G : BR : OMN : REX F : D : IND : IMP.
Sovereign 1953 (not released)	unknown	Queen Elizabeth II - First Portrait	ELIZABETH II DEI GRA: BRITT: OMN: REGINA F: D: +
Sovereign 1957	2,072,000	Queen Elizabeth II - First Portrait	ELIZABETH . II . DEI . GRATIA . REGINA . F: D: +
Sovereign 1958	8,700,000	Queen Elizabeth II - First Portrait	ELIZABETH · II · DEI · GRATIA · REGINA · F : D : +
Sovereign 1959	1,385,228	Queen Elizabeth II - First Portrait	ELIZABETH . II . DEI . GRATIA . REGINA . F: D: +
Sovereign 1962	3,000,000	Queen Elizabeth II - First Portrait	ELIZABETH . II . DEI . GRATIA . REGINA . F: D: +
Sovereign 1963	7,400,000	Queen Elizabeth II - First Portrait	ELIZABETH . II . DEI . GRATIA . REGINA . F: D: +
Sovereign 1964	3,000,000	Queen Elizabeth II - First Portrait	ELIZABETH . II . DEI . GRATIA . REGINA . F: D: +
Sovereign 1965	3,800,000	Queen Elizabeth II - First Portrait	ELIZABETH . II . DEI . GRATIA . REGINA . F: D: +
Sovereign 1966	7,050,000	Queen Elizabeth II - First Portrait	ELIZABETH . II . DEI . GRATIA . REGINA . F: D: +
Sovereign 1967	5,000,000	Queen Elizabeth II - First Portrait	ELIZABETH . II . DEI . GRATIA . REGINA . F: D: +
Sovereign 1968	4,203,000	Queen Elizabeth II - First Portrait	ELIZABETH . II . DEI . GRATIA . REGINA . F: D: +
Showing 101 to 148 of 148 Coins. Start Previous 1 2 Next End

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Sovereign 1923: Details

Country	United Kingdom
Currency	Pound Sterling (pre-decimal)
Coin Type	Sovereign (St George)
Issued	1923
Monarch	King George V
Effigy	King George V - Bare Head, by Bertram Mackennal
Face Value	1 (x Pound)
Total Mintage	3,051,743 (3.1 million)
Current	No; demonetised 1971
Material	0.9167 Gold
Designer	Benedetto Pistrucci
Technology	Milled (machine-made)
Shape	Round
Orientation	Coin Alignment (Axis 6)
Size	22.0500 mm
Thickness	1.5200 mm
Mass	7.9881 g
OCC ID	XGAV-POXA-CLBX-EMDY

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Sovereign 1923: Photos

Image	Details
	1923 George V Sovereign Copyright: Royal Mint Notes: Perth Mint, P mint mark. Source
	1923 George V Sovereign Copyright: Royal Mint Notes: Perth Mint. Source
	Proof Coin - Sovereign, South Africa, 1923 Copyright: Museums Victoria / CC BY Author: Justine Philip Notes: Pretoria Mint. Proof. Source
	Proof Coin - Sovereign, South Africa, 1923 Copyright: Museums Victoria / CC BY Author: Justine Philip Notes: Pretoria Mint. Proof. Source
	South Africa 1923-SA sovereign Copyright: CoinFactsWiki / CC BY-SA Author: Heritage Auction Galleries Notes: Pretoria Mint. Source
	South Africa 1923-SA sovereign Copyright: CoinFactsWiki / CC BY-SA Author: Heritage Auction Galleries Notes: Pretoria Mint. Source

Sovereign 1923: Catalogue Reference IDs

Source	Reference ID
Friedberg, Gold Coins of the World	Australia 38 (Sydney), 39 (Melbourne), 40 (Perth)
Krause, Standard Catalog of World Coins	Australia KM# 29 (Sydney, Melbourne, Perth Mints)
Spink, Coins of England and the United Kingdom	4003 (Sydney), 3999 (Melbourne) and 4001 (Perth)
Renniks, Australian Coin and Banknote Values	S180 (Sydney), S181 (Melbourne) and S182 (Perth)
McDonald, Australian Coins and Banknotes	McD 273 (Sydney), 274 (Melbourne) and 275 (Perth)
Friedberg, Gold Coins of the World	South Africa 5 (Pretoria Mint)
Krause, Standard Catalog of World Coins	South Africa KM# 21 (Pretoria Mint)
Spink, Coins of England and the United Kingdom	4004 (Pretoria Mint)

Relevant Links

Museums Victoria: Coin - Sovereign, Western Australia, Australia, 1923

Museums Victoria: Proof Coin - Sovereign, South Africa, 1923

Gold Sovereigns: 1923 Gold Sovereigns

George V 1923 Gold Sovereigns

Sovereign 1923, Coin from United Kingdom - detailed information