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Sovereign - 1838 to 1901 - Price Guide
The first Sovereign was authorised by Henry VII in 1489, but was different in size and weight. Almost half the weight and diameter of the original Sovereign, the new gold coin of 1817 more than matched its predecessor in the beauty of its design. The traditional heraldic reverse was abandoned in favour of a St George and the dragon of classic beauty by the Italian engraver Benedetto Pistrucci.
The design combined of the new Sovereign set it apart from every gold coin that had gone before and it may be difficult to understand why, in 1825, it was dropped in preference of a more conventional royal arms. It was revived in 1871. Read more »
Click on a coin to view additional values, details and varieties about it.
Visit Coinsandcanada.com to find Canadian Sovereign coins price guide and values in ($CAD) and Coinsandaustralia.com to find Australian Sovereign coins price guide and values in ($AUD).
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- Uncirculated
- Proof
| Variety | VG-8 | F-12 | VF-20 | EF-40 | AU-50 | AU-55 |
|---|---|---|---|---|---|---|
| 1838 | - | - | €817 | €1,780 | €2,590 | €2,610 |
| 1838 - Narrow Shield | - | - | €3,970 | €8,300 | €15,800 | €19,600 |
| 1838 - Plain Edge | - | - | - | - | - | - |
| 1839 | - | - | €1,170 | €2,250 | €3,270 | €3,810 |
| 1839 - Plain Edge - ↑↓ | - | - | - | - | - | - |
| 1839 - Plain Edge - ↑↑ | - | - | - | - | - | - |
| 1841 | - | - | €4,960 | €9,500 | €13,900 | €16,200 |
| 1841 - GRΛTIΛ | - | - | €4,200 | €8,700 | €14,200 | €16,900 |
| 1842 | - | - | €441 | €514 | €584 | €700 |
| 1842 - GRΛTIΛ | - | - | €514 | €887 | - | - |
| 1842 - Open 2 | - | - | €441 | €441 | €642 | €753 |
| 1843 | - | - | €441 | €441 | €467 | €753 |
| 1843 - 3/2 | - | - | €441 | €654 | €981 | €1,140 |
| 1843 - Roman I | - | - | €631 | €1,170 | - | - |
| 1843 - Narrow Shield | - | - | €4,320 | €8,700 | €14,400 | €17,300 |
| 1844 - Large 44 | - | - | €441 | €441 | €503 | €736 |
| 1844 - Small 44 | - | - | - | - | €441 | €441 |
| 1844 - 4/Inverted 4 | - | - | €701 | €1,400 | €1,750 | €1,930 |
| 1845 | - | - | €441 | €666 | €691 | €712 |
| 1845 - 4/Inverted 4 | - | - | €701 | €1,400 | €1,750 | €1,930 |
| 1845 - Roman I | - | - | €677 | €1,310 | - | - |
| 1846 - 4/Inverted 4 | - | - | €701 | €1,400 | - | - |
| 1846 | - | - | €441 | €467 | €607 | €776 |
| 1846 - Roman I | - | - | €631 | €1,170 | - | - |
| 1847 | - | - | €441 | €467 | €560 | €683 |
| 1847 - Inverted 1 | - | - | - | - | - | - |
| 1847 - Roman I | - | - | €654 | €1,350 | - | - |
| 1848 - 1st Head | - | - | €934 | €2,100 | €4,200 | €5,300 |
| 1848 - 2nd Head | - | - | €441 | €441 | €524 | €586 |
| 1849 | - | - | €441 | €441 | €456 | €615 |
| 1849 - Roman I | - | - | €631 | €1,170 | - | - |
| 1850 | - | - | €441 | €467 | €485 | €629 |
| 1850 - Roman I | - | - | €631 | €1,170 | - | - |
| 1850 - R/E in GRATIA | - | - | - | - | - | - |
| 1850 - 8/5 | - | - | - | - | - | - |
| 1850 - ⩝ictoria | - | - | €1,170 | - | - | - |
| 1851 | - | - | €441 | €441 | €467 | €485 |
| 1852 | - | - | €441 | €441 | €441 | €532 |
| 1852 - Roman I | - | - | €631 | €1,170 | - | - |
| 1853 - W.W. Incuse | - | - | €441 | €537 | €701 | €717 |
| 1853 - W.W. Incuse - Roman I | - | - | €631 | €1,170 | - | - |
| 1853 - W.W. Raised | - | - | €441 | €441 | €464 | €533 |
| 1853 - W.W. Raised - F/E in DEF | - | - | €701 | €1,540 | - | - |
| 1853 - W.W. Raised - ⩝ictoria | - | - | €1,170 | - | - | - |
| 1854 - W.W. Raised | - | - | €441 | €444 | €830 | €846 |
| 1854 - W.W. Incuse | - | - | €441 | €441 | €467 | €484 |
| 1854 - W.W. Incuse - C/Rotated C | - | - | €701 | €1,540 | - | - |
| 1855 - W.W. Incuse | - | - | €441 | €441 | €467 | €503 |
| 1855 - W.W. Incuse - Roman I | - | - | €607 | €1,350 | - | - |
| 1855 - W.W. Raised | - | - | €441 | €441 | €525 | €585 |
| 1856 | - | - | €441 | €441 | €441 | €526 |
| 1857 | - | - | €441 | €441 | €441 | €498 |
| 1857 - ⩝ictoria | - | - | €1,170 | - | - | - |
| 1857 - 7/5 | - | - | - | - | - | €934 |
| 1857 - DEI GRΛ | - | - | - | - | - | - |
| 1858 - 8/7 | - | - | €701 | - | - | - |
| 1858 - Large Date | - | - | €441 | €441 | €490 | €525 |
| 1858 - Small Date | - | - | €441 | €441 | €490 | €514 |
| 1859 | - | - | €441 | €441 | €467 | €542 |
| 1859 - Ansell | - | - | €744 | €2,320 | €5,000 | €5,800 |
| 1860 | - | - | €441 | €441 | €441 | €454 |
| 1860 - Roman I | - | - | €607 | €1,350 | - | - |
| 1860 - ⩝ictoria | - | - | €1,170 | €2,570 | - | - |
| 1860 - DEI GRΛ | - | - | €607 | €1,400 | - | - |
| 1860 - Large 0 | - | - | €441 | €441 | €467 | €525 |
| 1860 - O/C | - | - | €441 | €1,030 | - | - |
| 1861 | - | - | €441 | €441 | €441 | €476 |
| 1861 - Roman I | - | - | €467 | €701 | - | - |
| 1861 - C/Rotated C | - | - | €701 | €1,540 | - | - |
| 1861 - T/V in Victoria | - | - | €441 | €701 | - | - |
| 1861 - Repunched E & F | - | - | - | - | - | - |
| 1861 - E/Rotated E | - | - | €701 | €1,540 | - | - |
| 1861 - F/V in DEF | - | - | €467 | €1,170 | - | - |
| 1862 - Wide date | - | - | €441 | €441 | €441 | €455 |
| 1862 - Narrow date | - | - | €441 | €441 | €441 | €455 |
| 1862 - Roman I | - | - | €467 | €911 | - | - |
| 1862 - Wide date - F/⩝ | - | - | €467 | €1,170 | - | - |
| 1862 - Narrow date - F/⩝ | - | - | €467 | €1,170 | - | - |
| 1862 - R/E in BRIT | - | - | €701 | €1,540 | - | - |
| 1862 - R/Inverted R in VICTORIA | - | - | €934 | €2,340 | - | - |
| 1863 - With Die Number | - | - | €441 | €441 | €441 | €441 |
| 1863 - With Die Number - #827 and #22 | - | - | €4,380 | €7,600 | €10,700 | €12,300 |
| 1863 - With Die Number - #827 on Trun | - | - | €5,300 | €9,600 | €12,800 | €14,600 |
| 1863 - Without Die Number - Arabic 1 | - | - | €441 | €441 | €441 | €441 |
| 1863 - Without Die Number - Roman 1 | - | - | €467 | €911 | - | €1,010 |
| 1864 - Roman I | - | - | - | - | - | - |
| 1864 - Arabic 1 | - | - | €441 | €441 | €441 | €464 |
| 1865 | - | - | €441 | €441 | €441 | €467 |
| 1866 | - | - | €441 | €441 | €441 | €441 |
| 1866 - 6/5 | - | - | €441 | €467 | €584 | €642 |
| 1868 | - | - | €441 | €441 | €441 | €451 |
| 1869 | - | - | €441 | €441 | €441 | €458 |
| 1870 - W.W. Incuse | - | - | €441 | €441 | €441 | €455 |
| 1870 - W.W. Raised | - | - | €441 | €441 | €441 | €441 |
| 1871 - Shield | - | - | €441 | €441 | €441 | €441 |
| 1871 - St. George - Large BP | - | - | €441 | €441 | €441 | €441 |
| 1871 - St. George - Small BP | - | - | €441 | €441 | €441 | €441 |
| 1871 - St. George - Small BP - Plain Edge | - | - | - | - | - | - |
| 1871 - St. George - Large BP - Plain Edge | - | - | - | - | - | - |
| 1872 - Shield - With Die Number | - | - | €441 | €441 | €441 | €441 |
| 1872 - Shield - Without Die Number | - | - | €441 | €441 | €441 | €441 |
| 1872 - St. George | - | - | €441 | €441 | €441 | €441 |
| 1873 - Shield | - | - | €441 | €441 | €441 | €441 |
| 1873 - St. George | - | - | €441 | €441 | €441 | €441 |
| 1874 - Shield | - | - | €1,680 | €4,240 | €6,200 | €8,100 |
| 1874 - St. George | - | - | €441 | €441 | €441 | €441 |
| 1876 | - | - | €441 | €441 | €441 | €441 |
| 1878 | - | - | €441 | €441 | €441 | €441 |
| 1879 | - | - | €558 | €1,290 | €2,850 | €3,630 |
| 1880 - Short Tail - Small BP | - | - | €441 | €441 | €441 | €441 |
| 1880 - Short Tail - Small BP - 8/7 | - | - | €441 | €441 | €441 | €441 |
| 1880 - Short Tail - W.W. Buried - No BP | - | - | €441 | €441 | €441 | €441 |
| 1880 - Short Tail - W.W. Buried - No BP - 8/7 | - | - | €441 | €441 | €441 | €441 |
| 1880 - Long Tail - W.W. Buried | - | - | €441 | €441 | €441 | €441 |
| 1880 - Long Tail - W.W. Complete | - | - | €441 | €441 | €441 | €441 |
| 1880 - Long Tail - W.W. Complete - 8/7 | - | - | €441 | €441 | €441 | €441 |
| 1880 - Short Tail - W.W. Complete - No BP | - | - | €441 | €441 | €441 | €441 |
| 1880 - Short Tail - W.W. Complete - No BP - 8/7 | - | - | - | - | - | - |
| 1884 - W.W. Buried | - | - | €441 | €441 | €441 | €441 |
| 1884 - W.W. Complete | - | - | €441 | €441 | €441 | €441 |
| 1885 - W.W. Buried | - | - | €441 | €441 | €441 | €441 |
| 1885 - W.W. Complete | - | - | €441 | €441 | €441 | €441 |
| 1887 - Small Close JEB | - | - | €441 | €642 | €671 | €724 |
| 1887 - Normal JEB - Far G | - | - | €441 | €441 | €441 | €441 |
| 1887 - Normal JEB - Near G | - | - | - | - | - | - |
| 1887 - Small Wide (spread) JEB | - | - | €441 | €642 | €671 | €724 |
| 1888 - Far G | - | - | €442 | €642 | €671 | €701 |
| 1888 - Near G | - | - | €442 | €442 | €442 | €442 |
| 1889 - Far G | - | - | - | - | - | - |
| 1889 - Near G | - | - | €442 | €442 | €442 | €442 |
| 1890 - Far G | - | - | - | €442 | €444 | €502 |
| 1890 - Near G | - | - | €442 | €442 | €442 | €442 |
| 1891 - Short Tail | - | - | €560 | €921 | €1,490 | €1,680 |
| 1891 - Long Tail | - | - | €442 | €442 | €442 | €442 |
| 1892 | - | - | €442 | €442 | €442 | €442 |
| 1893 | - | - | €442 | €442 | €442 | €442 |
| 1894 | - | - | €442 | €442 | €442 | €442 |
| 1895 | - | - | €442 | €442 | €442 | €442 |
| 1896 | - | - | €442 | €442 | €442 | €442 |
| 1898 | - | - | €442 | €442 | €442 | €442 |
| 1899 | - | - | €442 | €442 | €442 | - |
| 1900 | - | - | €442 | €442 | €442 | €442 |
| 1901 | - | - | €442 | €442 | €442 | €442 |
| Variety | MS-60 | MS-62 | MS-63 | MS-64 | MS-65 | MS-66 | MS-67 |
|---|---|---|---|---|---|---|---|
| 1838 | €3,520 | €4,060 | €6,100 | €12,000 | €12,600 | - | - |
| 1838 - Narrow Shield | €23,400 | - | - | - | - | - | - |
| 1838 - Plain Edge | - | - | - | - | - | - | - |
| 1839 | €4,350 | €7,000 | €9,800 | - | - | - | - |
| 1839 - Plain Edge - ↑↓ | - | - | - | - | - | - | - |
| 1839 - Plain Edge - ↑↑ | - | - | - | - | - | - | - |
| 1841 | €18,400 | €22,500 | €29,200 | - | - | - | - |
| 1841 - GRΛTIΛ | €19,600 | - | - | - | - | - | - |
| 1842 | €797 | €1,390 | €2,260 | €2,930 | - | - | - |
| 1842 - GRΛTIΛ | - | - | - | - | - | - | - |
| 1842 - Open 2 | €864 | €1,340 | €1,820 | - | - | - | - |
| 1843 | €774 | €1,310 | €1,700 | €5,300 | - | - | - |
| 1843 - 3/2 | €1,310 | €1,990 | €2,660 | - | - | - | - |
| 1843 - Roman I | - | - | - | - | - | - | - |
| 1843 - Narrow Shield | €20,100 | - | - | - | - | - | - |
| 1844 - Large 44 | €762 | €1,390 | €2,010 | €3,680 | €7,400 | - | - |
| 1844 - Small 44 | - | €1,140 | €1,770 | - | - | - | - |
| 1844 - 4/Inverted 4 | €2,100 | - | - | - | - | - | - |
| 1845 | €841 | €1,470 | €2,100 | €3,650 | - | - | - |
| 1845 - 4/Inverted 4 | €2,100 | - | - | - | - | - | - |
| 1845 - Roman I | - | - | - | - | - | - | - |
| 1846 - 4/Inverted 4 | - | - | - | - | - | - | - |
| 1846 | €852 | €1,480 | €2,100 | €3,990 | - | - | - |
| 1846 - Roman I | - | - | - | - | - | - | - |
| 1847 | €721 | €1,120 | €1,710 | €2,140 | €13,400 | - | - |
| 1847 - Inverted 1 | - | - | - | - | - | - | - |
| 1847 - Roman I | - | - | - | - | - | - | - |
| 1848 - 1st Head | €6,300 | - | - | - | - | - | - |
| 1848 - 2nd Head | €698 | €1,340 | €1,670 | €2,140 | €6,500 | €10,800 | - |
| 1849 | €829 | €2,000 | €2,970 | €8,700 | €14,500 | - | - |
| 1849 - Roman I | - | - | - | - | - | - | - |
| 1850 | €692 | €1,330 | €1,970 | €3,140 | €5,200 | €6,500 | - |
| 1850 - Roman I | - | €3,080 | - | - | - | - | - |
| 1850 - R/E in GRATIA | - | - | - | - | - | - | - |
| 1850 - 8/5 | - | - | - | - | - | - | - |
| 1850 - ⩝ictoria | - | - | - | - | - | - | - |
| 1851 | €549 | €968 | €1,190 | €1,400 | €4,730 | €5,800 | - |
| 1852 | €592 | €1,050 | €1,480 | €1,550 | €5,600 | €9,700 | - |
| 1852 - Roman I | - | - | - | - | - | - | - |
| 1853 - W.W. Incuse | €759 | €1,280 | €1,860 | - | - | - | - |
| 1853 - W.W. Incuse - Roman I | - | - | - | - | - | - | - |
| 1853 - W.W. Raised | €558 | €938 | €1,930 | €4,390 | €4,430 | €4,470 | €13,500 |
| 1853 - W.W. Raised - F/E in DEF | - | - | - | - | - | - | - |
| 1853 - W.W. Raised - ⩝ictoria | - | - | - | - | - | - | - |
| 1854 - W.W. Raised | €861 | €1,480 | €2,090 | - | - | - | - |
| 1854 - W.W. Incuse | €569 | €956 | €1,530 | €5,300 | - | - | - |
| 1854 - W.W. Incuse - C/Rotated C | - | - | - | - | - | - | - |
| 1855 - W.W. Incuse | €547 | €940 | €1,490 | €2,380 | - | - | - |
| 1855 - W.W. Incuse - Roman I | - | - | - | - | - | - | - |
| 1855 - W.W. Raised | €698 | €991 | €1,280 | - | - | - | - |
| 1856 | €592 | €918 | €1,340 | €1,870 | - | - | - |
| 1857 | €548 | €836 | €1,740 | - | - | - | - |
| 1857 - ⩝ictoria | - | - | - | - | - | - | - |
| 1857 - 7/5 | - | - | - | - | - | - | - |
| 1857 - DEI GRΛ | - | - | - | - | - | - | - |
| 1858 - 8/7 | - | - | - | - | - | - | - |
| 1858 - Large Date | €593 | €991 | €2,270 | - | - | - | - |
| 1858 - Small Date | €569 | €979 | €1,390 | - | - | - | - |
| 1859 | €569 | €1,010 | €1,340 | - | - | - | - |
| 1859 - Ansell | €7,700 | €10,000 | €12,600 | - | - | - | - |
| 1860 | €467 | €1,040 | €1,620 | €4,400 | €6,200 | - | - |
| 1860 - Roman I | - | - | - | - | - | - | - |
| 1860 - ⩝ictoria | - | - | - | - | - | - | - |
| 1860 - DEI GRΛ | - | - | - | - | - | - | - |
| 1860 - Large 0 | €584 | €899 | €1,210 | - | - | - | - |
| 1860 - O/C | - | - | - | - | - | - | - |
| 1861 | €482 | €743 | €1,030 | €3,700 | - | - | - |
| 1861 - Roman I | - | - | - | - | - | - | - |
| 1861 - C/Rotated C | - | - | - | - | - | - | - |
| 1861 - T/V in Victoria | - | - | - | - | - | - | - |
| 1861 - Repunched E & F | - | - | - | - | - | - | - |
| 1861 - E/Rotated E | - | - | - | - | - | - | - |
| 1861 - F/V in DEF | - | - | - | - | - | - | - |
| 1862 - Wide date | €470 | €778 | €1,280 | - | - | - | - |
| 1862 - Narrow date | €470 | €809 | €1,180 | €1,690 | - | - | - |
| 1862 - Roman I | - | - | - | - | - | - | - |
| 1862 - Wide date - F/⩝ | - | - | - | - | - | - | - |
| 1862 - Narrow date - F/⩝ | - | - | - | - | - | - | - |
| 1862 - R/E in BRIT | - | - | - | - | - | - | - |
| 1862 - R/Inverted R in VICTORIA | - | - | - | - | - | - | - |
| 1863 - With Die Number | €441 | €709 | €808 | - | - | - | - |
| 1863 - With Die Number - #827 and #22 | €13,800 | - | - | - | - | - | - |
| 1863 - With Die Number - #827 on Trun | €16,300 | - | - | - | - | - | - |
| 1863 - Without Die Number - Arabic 1 | €447 | €783 | €1,170 | - | - | - | - |
| 1863 - Without Die Number - Roman 1 | - | - | €2,360 | - | - | - | - |
| 1864 - Roman I | - | - | - | - | - | - | - |
| 1864 - Arabic 1 | €482 | €736 | €989 | €1,520 | €6,500 | - | - |
| 1865 | €502 | €869 | €1,500 | €2,780 | €5,600 | - | - |
| 1866 | €482 | €765 | €1,160 | €2,940 | - | - | - |
| 1866 - 6/5 | €701 | €1,050 | €1,400 | - | - | - | - |
| 1868 | €470 | €726 | €1,030 | - | - | - | - |
| 1869 | €470 | €695 | €1,100 | €1,630 | €2,850 | - | - |
| 1870 - W.W. Incuse | €482 | €812 | €1,140 | - | - | - | - |
| 1870 - W.W. Raised | €458 | €740 | €1,000 | - | - | - | - |
| 1871 - Shield | €441 | €557 | €738 | €1,080 | €2,790 | - | - |
| 1871 - St. George - Large BP | €441 | €543 | €779 | €2,150 | - | - | - |
| 1871 - St. George - Small BP | €441 | €539 | €729 | €1,130 | €2,870 | - | - |
| 1871 - St. George - Small BP - Plain Edge | - | - | - | - | - | - | - |
| 1871 - St. George - Large BP - Plain Edge | - | - | - | - | - | - | - |
| 1872 - Shield - With Die Number | €441 | €555 | €725 | €897 | €1,670 | - | - |
| 1872 - Shield - Without Die Number | €441 | €563 | €706 | €732 | - | - | - |
| 1872 - St. George | €441 | €586 | €769 | €970 | €2,140 | €4,930 | - |
| 1873 - Shield | €441 | €634 | €771 | - | - | - | - |
| 1873 - St. George | €441 | €543 | €817 | - | - | - | - |
| 1874 - Shield | €9,200 | €16,600 | - | - | - | - | - |
| 1874 - St. George | €441 | €543 | €779 | - | - | - | - |
| 1876 | €441 | €522 | €739 | €1,480 | €2,050 | - | - |
| 1878 | €441 | €547 | €779 | - | - | - | - |
| 1879 | €4,410 | €19,500 | €34,700 | - | - | - | - |
| 1880 - Short Tail - Small BP | €441 | €517 | €787 | - | - | - | - |
| 1880 - Short Tail - Small BP - 8/7 | €441 | €987 | €1,030 | - | - | - | - |
| 1880 - Short Tail - W.W. Buried - No BP | €441 | €493 | €680 | - | - | - | - |
| 1880 - Short Tail - W.W. Buried - No BP - 8/7 | €441 | €664 | €887 | - | - | - | - |
| 1880 - Long Tail - W.W. Buried | €441 | €517 | €727 | - | - | - | - |
| 1880 - Long Tail - W.W. Complete | €441 | €523 | €680 | - | - | - | - |
| 1880 - Long Tail - W.W. Complete - 8/7 | €441 | €642 | €887 | - | - | - | - |
| 1880 - Short Tail - W.W. Complete - No BP | €441 | €666 | €680 | - | - | - | - |
| 1880 - Short Tail - W.W. Complete - No BP - 8/7 | - | - | - | - | - | - | - |
| 1884 - W.W. Buried | €441 | €598 | €679 | €760 | - | - | - |
| 1884 - W.W. Complete | €441 | €521 | €645 | €1,520 | - | - | - |
| 1885 - W.W. Buried | €441 | €533 | €750 | - | - | - | - |
| 1885 - W.W. Complete | €441 | €695 | €741 | - | - | - | - |
| 1887 - Small Close JEB | €739 | €931 | €1,120 | - | - | - | - |
| 1887 - Normal JEB - Far G | €441 | €494 | €547 | €777 | €1,570 | - | - |
| 1887 - Normal JEB - Near G | - | - | - | €736 | €14,300 | €28,000 | - |
| 1887 - Small Wide (spread) JEB | €739 | €811 | €847 | €1,110 | €1,420 | - | - |
| 1888 - Far G | €739 | €931 | €1,120 | - | - | - | - |
| 1888 - Near G | €442 | €492 | €566 | €1,860 | - | - | - |
| 1889 - Far G | - | - | €801 | - | - | - | - |
| 1889 - Near G | €442 | €457 | €472 | - | - | - | - |
| 1890 - Far G | €560 | €747 | €934 | - | - | - | - |
| 1890 - Near G | €442 | €447 | €448 | €1,340 | - | - | - |
| 1891 - Short Tail | €1,790 | €1,830 | - | - | - | - | - |
| 1891 - Long Tail | €442 | €452 | €461 | €1,860 | - | - | - |
| 1892 | €442 | €442 | €442 | €1,740 | - | - | - |
| 1893 | €445 | €466 | €487 | €995 | €1,920 | €3,050 | - |
| 1894 | €442 | €442 | €442 | - | - | - | - |
| 1895 | €442 | €442 | €442 | - | - | - | - |
| 1896 | €442 | €523 | €603 | €2,690 | - | - | - |
| 1898 | €442 | €460 | €477 | €1,560 | €2,660 | - | - |
| 1899 | €442 | €507 | €572 | €2,930 | - | - | - |
| 1900 | €442 | €448 | €453 | €1,230 | - | - | - |
| 1901 | €442 | €680 | €919 | - | - | - | - |
Proof (PR): Planchets of these coins (not intended for circulation) were polished before struck (usually struck twice for higher quality). The field of Proof coins wear a cameo aspect.
