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Great Britain Sovereign  1838 to 1874
Great Britain Sovereign 1838 to 1874

Hello, Peggy.

Your coin is old enough that it is starting to pick up some numismatic (coin collector) value over and above its basic gold value if in good condition. To figure a retail price for your coin, start with today's gold bullion price of $1340 US dollars per troy ounce and multiply it by 0.2354, the number of troy ounces of gold in a sovereign. That gives $315. The price of gold changes daily, so look it up at web sites like kitco.com.

To the base price now add about $80 for the coin collector value, giving $405. That is the retail price, what a collector would pay. If your coin were in beautiful, fully uncirculated condition, the $80 would about double.

If you want to sell your coin, that is another story. Dealers charge commissions on coins they buy in order to make money when they sell. For your coin, a $100 commission would be reasonable, so your selling price would be $405 - 100 = $305.

There are a few low-mintage dates in this series of coins where the numismatic value goes through the roof. If you have one of these, you have a special coin. The dates are 1838, 1839, 1841, and 1874.

The US dollar is weakening dramatically. Pricing of gold coins is all over the place these days. This applies to both buying and selling. If you are serious, be sure to shop around for the best deal. You also have to be careful about counterfeit coins. Dealing in rare coins is a *buyer beware* proposition.

Coin: 2246 , Genre: Colonizers and Colonies
Requested by: Peggy Begley, Sat, 12-Dec-2009 16:59:53 GMT
Answered by: Paul, Sat, 12-Jul-2014 14:50:48 GMT
Last review by CoinQuest: Tue, 28-Jun-2016 00:24:30 GMT
Requester description: 1869 Sovereign gold coin not 1/2 as I had thought. Victoria Dei Gratia Regina FID Def Britaniarum
Tags: great britain sovereign uk brit brittan brittain england britian britt english britan british brittish gold 1 2 victoria dei god gratia regina kingdom fid def britaniarum britanniarum au goldish golden goldenen victoriad viktoria victotia vicoria victoriya victor gods goddess deus deum deity godess devm deo dom divine dios grattia reginam regal regini reginaf kingdoms brittanniarum brittanarium britanniarun crown shield coat arms wreath crowned tiara crowns tiarra crowning tiera sheild coats shiled crests chevrons shild escucheon insignia arm crested crest chevron creast shields escutcheon wreathed rief reif reef wreathe wreat garland wreth wreah wreaths harp lion tiger lions cougar tigers

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Thu, 25-May-2017 23:55:12 GMT, unknown: 17834996