AUSTRALIA. Sovereign, 1886-M. PCGS AU-53 Secure Holder.Fr-11; S-3854; KM-6. VERY RARE. Key date for the Australian series and one of the key dates for the entire Victoria Shield sovereign series. Well struck as would be expected with no major marks or other distractions and plenty of undisturbed luster in the protected areas. Quite an attractive example with all of the design features present and visible without the aid of magnification. Sure to excite even the most advanced collector of sovereigns, British gold or world gold type collectors.