Common: 10,000,000 or more minted. Sells often: 90 verified sales in the last 12 months.
1 Sovereign - Victoria 3rd portrait (1893–1901)
"Old Head sovereign"
| Country | United Kingdom |
| Year | 1893–1901 |
| Denomination | 1 Sovereign |
| Face value | £1 |
| Mintage by year |
Scarcest year: 1,578,948 struck
|
| Mint | Royal Mint · Llantrisant |
| Series | Sovereign |
| Circulation | Circulating |
| Composition | Gold (.9167) (917/1000 fine) |
| Weight | 7.990g · 0.2355 t oz |
| Diameter | 22.1mm |
| Thickness | 1.50mm |
| Shape | Round |
| Edge | Reeded |
| Orientation | Medal alignment ↑↑ |
| Obv. artist | Thomas Brock, George William de Saulles |
| Rev. artist | Benedetto Pistrucci |
| Grade scale | UK (EF/UNC) |
| Tags | Fantasy animal Horse or equine Monarch Religious figure |
Older crowned and veiled bust ('Old Head') of Queen Victoria left, legend around.
VICTORIA DEI GRA BRITT REGINA FID DEF IND IMP
St. George slaying the dragon right, date and
1893 B.P.
1 Sovereign - Victoria market value
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Affiliate1 Sovereign - Victoria price history
Daily limit reached1 Sovereign - Victoria value by year
1893 to 1901 · median sold prices| Year | Mintage | Circulated | Uncirculated | Sales | |
|---|---|---|---|---|---|
| 1893 | 6,898,260 | £813.80 | £823.27 | 73 | |
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VF£12.50EF£28.00UNC£95.00
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| 1894 | 3,782,611 | £817.60 | £808.50 (2) | 11 | |
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VF£12.50EF£28.00UNC£95.00
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| 1895 | 2,285,317 | £781.99 | £820.00 type | 9 | |
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VF£12.50EF£28.00UNC£95.00
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| 1896 | 3,334,065 | £812.52 | £820.00 type | 3 | |
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VF£12.50EF£28.00UNC£95.00
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| 1898 | 4,361,347 | £811.40 | £820.00 type | 10 | |
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VF£12.50EF£28.00UNC£95.00
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| 1899 | 7,515,978 | £816.25 | £820.00 type | 4 | |
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VF£12.50EF£28.00UNC£95.00
⭐ Pro: the 1899 coin's sales by grade, and the chart filtered to one year
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| 1900 | 10,846,741 | £823.85 | £900.00 (1) | 17 | |
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VF£12.50EF£28.00UNC£95.00
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| 1901 scarcest | 1,578,948 | £792.50 (2) | £820.00 type | 2 | |
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VF£12.50EF£28.00UNC£95.00
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One row for each year the 1 Sovereign - Victoria 3rd portrait was struck. Prices are medians of verified sold listings matched to that year from the listing: circulated is worn condition up to Extremely Fine, uncirculated is About Uncirculated or better. A count in brackets means fewer than three sales behind the figure; a grey figure marked "type" is the median across every year, shown where that year has no sale of its own yet. Most types have been searched year by year only since October 2026, so later years are still filling in. Use the grade table below for a price by condition across all years.
1 Sovereign - Victoria value by grade
Realised auction prices · ⭐ Pro Expand rows for individual sale records| Grade | Latest | Median | 30d Δ | All-time range | Sales (1yr) | Total sales | Last sale | |
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| FDC | £3,600.00 🔒 | £3,600.00 (1) | – | £2,200.00 – £3,600.00 | 0 | 3 | 04-09-2022 | |
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| UNC | £765.40 🔒 | £728.00 | – | £706.06 – £765.40 | 3 | 3 | 23-09-2026 | |
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| BU | £600.00 🔒 | £650.00 | – | £430.00 – £680.00 | 3 | 7 | 30-09-2026 | |
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| EF | £640.00 🔒 | £640.00 (1) | – | £640.00 – £640.00 | 1 | 1 | 07-06-2026 | |
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| VF | £781.99 🔒 eBay | £816.70 | ▼0.1% | £420.00 – £2,912.00 | 70 | 83 | 15-10-2026 | |
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| F | £798.00 🔒 eBay | £737.00 (2) | – | £676.00 – £798.00 | 2 | 2 | 28-07-2026 | |
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| aUNC | £840.54 🔒 eBay | £840.54 (1) | – | £840.54 – £840.54 | 1 | 1 | 16-06-2026 | |
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| MS-60 | £802.20 🔒 eBay | £679.35 (2) | – | £556.50 – £802.20 | 1 | 2 | 02-10-2026 | |
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| MS-61 | £780.00 🔒 | £793.00 (2) | – | £780.00 – £806.00 | 2 | 2 | 16-02-2026 | |
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| MS-62 | £900.00 🔒 eBay | £808.50 | – | £396.32 – £900.00 | 4 | 7 | 03-10-2026 | |
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| MS-63 | £700.00 🔒 | £633.09 (2) | – | £566.17 – £700.00 | 0 | 2 | 17-06-2025 | |
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| PR-61 | £3,400.00 🔒 | £3,400.00 (1) | – | £3,400.00 – £3,400.00 | 0 | 1 | 05-09-2021 | |
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| PR-62 | £3,500.00 🔒 | £3,500.00 (1) | – | £3,500.00 – £3,500.00 | 0 | 1 | 06-12-2020 | |
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| PR-63 | £4,100.00 🔒 | £4,100.00 (2) | – | £3,000.00 – £4,100.00 | 0 | 4 | 18-12-2024 | |
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| PR-64 | £7,000.00 🔒 | £5,575.94 (2) | – | £4,151.88 – £7,000.00 | 0 | 3 | 25-02-2025 | |
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| PR-65 | £1,000.00 🔒 | £2,000.00 | – | £1,000.00 – £12,833.09 | 2 | 6 | 02-10-2026 | |
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| PR-67 | £13,965.43 🔒 | £13,965.43 (1) | – | £13,965.43 – £13,965.43 | 1 | 1 | 01-09-2026 | |
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About the 1893 1 Sovereign - Victoria
The 1893 1 Sovereign - Victoria is a circulating 1 sovereign coin issued from 1893 to 1901 in the Sovereign series, struck in 91.67% gold. It weighs 7.99g and measures 22.05mm across. Reverse design: St. George slaying the dragon right, date and.
Mintage figures are recorded for 8 years between 1893 and 1901, 40,603,267 coins in all. 1901 is the scarcest date, with 1,578,948 struck.
Common questions
How much is the 1893 1 Sovereign - Victoria worth?
Verified sold prices for the 1893 1 Sovereign - Victoria run from £633 to £13,965 across 17 grades, taking the median for each grade. Condition makes the difference, so check the grade table above before pricing one. Its gold content is worth about £705 at today's spot price, which puts a floor under its value.
Who designed the Old Head sovereign?
The sculptor Thomas Brock designed the portrait of the elderly Queen wearing a small diadem under a widow's veil, chosen in a competition run by the Committee on the Design of Coins. George William de Saulles engraved the dies. The reverse is Benedetto Pistrucci's St George and the dragon.
Is there an 1897 London Old Head sovereign?
No. Both goldsovereigns.co.uk and Coin Hunter list no London sovereigns dated 1897. The 1897 Old Head sovereigns were struck at Melbourne and Sydney and carry M or S mint marks on the reverse.
Which is the lowest-mintage London Old Head sovereign?
1901, with 1,578,948 struck at London, followed by 1895 with 2,285,317. The highest was 1900 with 10,846,741. The Australian mints struck millions more each year, and Perth joined them in 1899.
Is an Old Head sovereign still legal tender?
Yes. The sovereign is still legal tender in the United Kingdom, having survived decimalisation in 1971, according to Wikipedia, though gold coins vanished from circulation in Britain after the First World War began in 1914.
How do I identify the 1893 1 Sovereign - Victoria?
Check the weight 7.99g and diameter 22.05mm and the metal (91.67% gold) against the specification table on this page. The reverse design is described above.
History and design
Boehm's Jubilee portrait of 1887 was widely mocked, and after his death in 1890 the Chancellor of the Exchequer, George Goschen, set up a Committee on the Design of Coins. Invited artists submitted portraits in 1891 and Thomas Brock's was chosen. A royal proclamation of 30 January 1893 made the new coins current, and the press received them far more warmly than the Jubilee issue.
London struck the Old Head sovereign every year from 1893 to 1901 except 1897, starting with 6,898,260 in 1893 and peaking at 10,846,741 in 1900. Melbourne and Sydney struck it every year, and the new Perth Mint, opened in June 1899, added sovereigns from 1899 to 1901.
Brock shows the ageing Queen facing left, wearing a small diadem partly covered by a widow's veil. Wikipedia notes that she did not sit for him and that he worked from photographs. George William de Saulles engraved the dies, and the obverse carries Brock's initials T.B. Mark Stocker records that Brock himself thought the early sovereigns unsatisfactory.
The legend VICTORIA DEI GRA BRITT REGINA FID DEF IND IMP added IND IMP, for Empress of India, to British coins for the first time. The reverse is Benedetto Pistrucci's St George and the dragon with the date below; the plume on St George's helmet was redesigned for this issue.
Varieties and errors
Proofs dated 1893 were struck for the proof sets the Royal Mint sold that year. No recognised mint errors are documented for this coin.
Collecting notes
The mint mark sits on the reverse between the design and the date: M for Melbourne, S for Sydney, P for Perth, none for London. Any 1897 Old Head sovereign must carry M or S, and P only appears from 1899. In 1893 Melbourne and Sydney also struck sovereigns with the earlier Jubilee Head, so check the portrait on an 1893 branch-mint coin.
Tony Clayton warns that sovereigns have been extensively forged, some to a good standard, so check weight and detail and buy from a reliable source.
Sources
The history, design, varieties and collecting notes on this page are drawn from these sources. Prices come from recorded sales, not from them.
- 1893 to 1901 Old Head gold sovereign pages (year pages read one by one), goldsovereigns.co.uk (Chard) (read 10 Oct 2026)
- Coin values by year, 1893 to 1901 (year pages read one by one), Coin Hunter (read 10 Oct 2026)
- Modern Sovereign: Victoria, Royal Mint Museum (read 10 Oct 2026)
- Sovereign (British coin), Wikipedia (read 10 Oct 2026)
- Old Head coinage, Wikipedia (read 10 Oct 2026)
- The Coinage of 1893 (M. Stocker, British Numismatic Journal 66, 1996), British Numismatic Society (read 10 Oct 2026)
- One Pound: Sovereign, Tony Clayton, Coins of the UK (read 10 Oct 2026)
- Initials on British coins, TreasureRealm (read 10 Oct 2026)