Australia 1886 Sydney Half Sovereign VF (Sheldon Graded)
Melbourne continued to use type 3 reverses until 1887. Sydney however used type 4 reverses exclusively after 1883. Mintage of 80,000 – scarce, but not rare and priced accordingly. Looks about VF30. This coin is not graded according to ANDA adjectival standards.
You can see the PCGS population of young head half sovereigns by clicking on the button below: