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HELP on value of 1913 british gold sovereign in au
Vbowling299
Posts: 1,878 ✭✭✭
i have a 1913 British sovereign and was wondering if there is a large premium for such,
a pricing book i have shows a sub 4000 mintage and a price in xf of 950 and au of 1200
a pricing book i have shows a sub 4000 mintage and a price in xf of 950 and au of 1200
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-Paul
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<< <i>sub 4000 mintage? wow, pretty affordable, if this was a US coin with a mintage like that, it would be up there in price! >>
This is very typical with darkside coins. I have several with mintages of under 500 that carry little or no premium.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
bob
Well, just Love coins, period.
<< <i>based on those lousy pics, I'd still call this a fake. the scarf detail is all wrong.
bob
The British Royal Mint changed the scarf design from year to year for some reason.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
bob
<< <i>Actually not year to year, but about 18 times from 1871 through the early 1970's.
bob
I stand corrected. Any idea why they would do this? Seems like a srange practice.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
to a numismatist.
bob
<< <i>To stop or lower the chance of counterfeiting. Subtle details that are easy to pick out
to a numismatist.
bob >>
Normally a counterfeiter will create his false dies using a real coin as a model and some transfer technique such as casting. Any feature on the host coin will be transfered to the counterfeit die.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
They get caught using old dies for new coins by just changing the date if they don't re-do
the entire coin.
bob
<< <i>I know they use the fear of counterfeits as a reason for changing the designs , they still do to this day with the pound coins but i don't know how much weight that argument carries really.An example is if Mr Counterfeiter has dies to fake lets say 1913 sovereigns then they can strike 1913's til the cows come home. >>
Bingo! These coins didn't usually circulate as money so an uncirculated coin dated from several years prior didn't raise any suspicions.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Prior to WW I the smallest paper denomination in England was 5 pounds, so there was a need for soverigns in circulation.
Scotland and Ireland did have 1 pound notes at that time.
<< <i><<Bingo! These coins didn't usually circulate as money so an uncirculated coin dated from several years prior didn't raise any suspicions. >>
Prior to WW I the smallest paper denomination in England was 5 pounds, so there was a need for soverigns in circulation.
Scotland and Ireland did have 1 pound notes at that time. >>
Currency guys will know more but as i understand it in England the Bank of England was given sole right to issue 1 pound notes at the start of WW1 , up until that time private banks in England had been issuing the paper money just as they still do in Scotland.It could very well be while there was no bank of england 1 pound notes there certainly could have been private bank notes circulating.
20/- was a lot of money in 1917 , i don't believe sovereigns circulated all that much in everyday terms.
Check out the Southern Gold Society
<< <i>I have two phobias: black cats and $500 coins in 2x2s. >>
The first foreign gold coin I ever bought was a 1912 British sovereign, back in 1971. The (Bank of England?) had just released millions of them (various dates and mints), and they were selling for bullion. I got mine for $12; quantities sold for a bit over $11 per coin. In hindsight, I wish I could have bought a few hundred of them, but I was a student at the time, and funds were limited. Mine is still in a 2x2, and I have no plans to have it certified. I imagine very few coins from that hoard will ever be certified.
Jim
On the flip side, I like horses.
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