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Coin Value
fullerjohn
Posts: 2 ✭
Does anyone know what a British 1911 gold sovereign is worth graded ms62
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People want to be helpful, but most are going to shy away without knowing which grading service graded the coin, and few will suggest a premium price without a photo.
This was the first year that British coins were issued for the new King, George V, and most of his coinage from that year is plentiful.
The gold sovereign coin has 0.23 Troy ounces of pure gold if genuine and undamaged, and if you multiply that weight by the spot price of gold you get the coin's intrinsic value, MOL.
right around 330 dollars. a ms-63 just sold for 330 but the shipping was real high, so we will call the value of a 62 at right around 330
https://www.ebay.com/itm/1911-Great-Britain-Gold-Sovereign-NGC-MS-63-134094-/132541676427?hash=item1edc197b8b:g:ZV0AAOSwUoxarO1w&nma=true&si=f4HZnFUFTojVenrWakzs3O7PKEs%3D&orig_cvip=true&rt=nc&_trksid=p2047675.l2557
Coin was graded by PCGS
IMHO, there has been an abundance (maybe superabundance) of common date/common type pre-1933 European gold on the market the last several years. $330 would be a happy price.