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HELP on value of 1913 british gold sovereign in au

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

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Comments

  • commoncents05commoncents05 Posts: 10,096 ✭✭✭
    Last 3 sales on eBay have been $470, $470, and $440. There have been ones not selling listed just over $500. Melt is about $420, and that is what I would expect to get if I were selling one.

    -Paul
    Many Quality coins for sale at http://www.CommonCentsRareCoins.com
  • DorkGirlDorkGirl Posts: 9,994 ✭✭✭
    Two AU/BU examples recently sold on Ebay for $470 each.
    Becky
  • DorkGirlDorkGirl Posts: 9,994 ✭✭✭
    Looks like Paul beat me to it......image
    Becky
  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    sub 4000 mintage? wow, pretty affordable, if this was a US coin with a mintage like that, it would be up there in price!
    Successful Buying and Selling transactions with:

    Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
  • DorkGirlDorkGirl Posts: 9,994 ✭✭✭


    << <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.
    Becky
  • PerryHallPerryHall Posts: 46,799 ✭✭✭✭✭
    This series has been very heavily counterfeited, especially in the middle east. Has this coin been authenticated?

    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

  • AUandAGAUandAG Posts: 24,929 ✭✭✭✭✭
    based on those lousy pics, I'd still call this a fake. the scarf detail is all wrong.

    bobimage
    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • I have two phobias: black cats and $500 coins in 2x2s.
    Let's try not to get upset.
  • It's not unusual to see a sovereign in a 2x2 or worse a ring , it's commen bullion or considered such. I don't see anything wrong with the coin given the photos but one thing i would point out is if it's a British sovereign the mintage figures are actually cloer to 25 million.Its the Canadian minted sovereign thats under 4k minted.
  • 7Jaguars7Jaguars Posts: 7,736 ✭✭✭✭✭
    What you are quoting is for an Ottawa (Canadian mint-marked) sov. with a "C" mark under hoof. I sold last year one for $2150 so the real deal carries a premium. I can not tell from your picture & need better resolution. PM me if you like.
    Love that Milled British (1830-1960)
    Well, just Love coins, period.
  • PerryHallPerryHall Posts: 46,799 ✭✭✭✭✭


    << <i>based on those lousy pics, I'd still call this a fake. the scarf detail is all wrong.

    bobimage >>



    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

  • AUandAGAUandAG Posts: 24,929 ✭✭✭✭✭
    Actually not year to year, but about 18 times from 1871 through the early 1970's.

    bobimage
    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • PerryHallPerryHall Posts: 46,799 ✭✭✭✭✭


    << <i>Actually not year to year, but about 18 times from 1871 through the early 1970's.

    bobimage >>



    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

  • AUandAGAUandAG Posts: 24,929 ✭✭✭✭✭
    To stop or lower the chance of counterfeiting. Subtle details that are easy to pick out
    to a numismatist.

    bob
    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • PerryHallPerryHall Posts: 46,799 ✭✭✭✭✭


    << <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

  • 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.
  • AUandAGAUandAG Posts: 24,929 ✭✭✭✭✭
    All true but if they change the dies then so do the counterfeiters have to make changes.

    They get caught using old dies for new coins by just changing the date if they don't re-do
    the entire coin.

    bob
    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • PerryHallPerryHall Posts: 46,799 ✭✭✭✭✭


    << <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

  • <<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.


  • << <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.
  • DaveGDaveG Posts: 3,535
    While I'm not a currency guy, I understand that private banks in England stopped issuing currency around the middle of the 19th century.

    Check out the Southern Gold Society

  • As I understand it, all banks in England were prohibited from issueing notes under 5 pounds. Private banks were quite limited and very few issued into the 20th century.
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  • CocoinutCocoinut Posts: 2,515 ✭✭✭✭✭


    << <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
    Countdown to completion of my Mercury Set: 1 coin. My growing Lincoln Set: Finally completed!
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,555 ✭✭✭✭✭
    Gold is money and with gold, the value keeps changing. That's about as much help as I can offer. image
    On the flip side, I like horses.
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