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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
Reviewed by CoinQuest. Appraisal ok., 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 britaain uk brit brittan brittrex brittain england britian britt english britan british britsh britanniarun brilt brittish gold 1 2 i victoria dei gratia regina fid def britaniarum britanniarum goldish golden goldenen victoriad viktoria victotia vicoria grattia reginaf brittanniarum brittanarium crown shield coat arms wreath crowned tiara crwon crpwn crowns tiarra crowning tiera sheild shiled shied chevrons shileld shild escucheon shelid chevron ashield shields coats crests insignia crested crest creast greenery wreathed rief reif reef wreathe wreat garland wreth wreah wreaths harp lion tiger lions cougar tigers

Comments

i have the same coin it is dated 1838 what is its worth roughly - Mark
This is a better date for this series -- the catalog values range from ~$1000 in fine condition to $2100 in very fine condition, and all the way up to $6750 (U.S. dollars) for one in fully uncirculated condition. There are proof versions of these that have a catalog value of over $10000. If you have one of these coins, we suggest taking it to a reputable coin shop for authentication - and if it's real, you may want to consider having it professionally certified by a company like NGC or PCGS. - CoinQuest (Todd)

  

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Sat, 03-Dec-2016 23:53:45 GMT, unknown: 10878434