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GI26280

Victoria 1863 Sovereign "827" on truncation, no die number on reverse

Victoria (1837-1901), gold Sovereign, 1863, with die number 827 raised on truncation, second young filleted head left, date below, Latin legend and toothed border surrounding, VICTORIA DEI GRATIA, rev. crowned quartered shield of arms, laurel wreath surrounding, emblems below, Latin legend and toothed border surrounding, BRITANNIARUM REGINA FID: DEF:, edge milled, weight 7.93g (Bentley 1017; Marsh 48A R5; S.3853A). Lightly tooled in hair by forehead with some hairlines, overall very fine, reverse stronger, and one of the great rarities of the Victorian Sovereign series.

Calendar year mintage 5,921,669.

The Latin legends translates on obverse as "Victoria by the Grace of God," and on the reverse "Queen of the Britain's, Defender of the Faith."

Provenance:

Ex-InAsta S.p.A., San Marino, Auction 42, 19th November 2011, Lot 790.

The 827 die number on the bust was for some years an intriguing mystery and it also exists for an 1863 Sovereign with die number 22 reverse. The first example ever noted and recorded was one found in the Hatton Hoard in Derbyshire in 1954 which had the die 22 reverse which was retained by the British Museum for the National Collection. It was not until an article by Royal Mint Curator Graham Dyer in the Spink Numismatic Circular of October 1977, page 421, that a reason for the existence of 827 variety was proposed. They are thought to have been produced from a particular batch of remelted scissel and scrap gold that had emanated from N. M. Rothschild brittle gold ingots that had been delivered to the Mint circa November-December of 1863. Such coins of both varieties have sporadically turned up since the first discovery in 1954. They remain elusive and extremely rare.

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