The 1883 Sydney beaded rim reverse is probably the most common Young Head half sovereign from an Australian mint, with about 2500 pieces available. This is largely owing to the relatively high initial mintage of 220,000, the highest of the series. The date is available in mint state with two examples having been sold through the Reserve Bank of Australia sale realising about $12,000 each. The auction also sold three EF or better examples which sold from $1300 to $5000 (Downies, 2005) .
The type is differentiated from the rare crenulated reverse type by its rim, this type has beads rather than a crenulated or toothed rim.
