The global economic collapse known as the Great Depression led the British Government to ‘temporarily’ abandon the Gold Standard in September 1931 – a move that quickly became permanent. As a result, the dies that had been prepared for the Perth Mint to strike 1932 sovereigns were never required, and the last Australian sovereign was destined to bear the date 1931.
The highly sought after 1931P Gold Sovereign features the short-lived Modified Portrait of George V, employed only from 1929 to 1931. Lustrous and highly detailed, these historic motifs look utterly sensational when found in genuine, mint-state, Choice Uncirculated quality.
Benedetto Pistrucci’s timeless St George and the dragon design is featured on the coin’s reverse, together with the year-date and The Perth Mint’s traditional ‘P’ mintmark. The obverse depicts the left-facing bust of King George V.
The coin is housed in a fine timber case and accompanied by a Certificate of Authenticity.