Great Britain Half Sovereign and Sovereign 1893 to 1901

British sovereigns contain 0.2354 troy ounces of gold, so you can figure the value from the gold content. Your coin is worth its weight in gold, plus a little extra for being a nice piece of art.

A half sovereign looks the same as a sovereign, only smaller and less gold. Here are the stats. Measure the diameter of your coin to find out which you have:

HALF SOVEREIGN: 19 mm diameter, 0.1177 troy ounces gold
SOVEREIGN: 23 mm diameter, 0.2354 troy ounces gold.

Referring to kitco.com, an ounce of gold is worth about $1700 US dollars at the time of this writing, so 0.235 times $1700 gives $400 as the base value (BV) of a sovereign, $200 as the base value (BV) of a half sovereign. Check kitco today. The price changes daily.

For sovereigns in average circulated condition, collectors might pay about 10 percent more than this. For a fully uncirculated coin authenticated and mounted in a numismatic holder, the addition of value might 20 or 30 pecent more than the base gold value. If you are selling a sovereign to a coin dealer, he or she might would pay 10 to 20 percent less than BV.

For sovereigns and half sovereigns between 1893 and 1901, the specific date of the coin does not matter. The values above apply to all dates.

Check closely. You might have a sovereign or half sovereign from Australia. The S=Sydney, M=Melbourne, and P=Perth mint marks are found above the date. They are sometimes very difficult to see. If you have an Australian coin, click to this CoinQuest link.

Quite often sovereigns are used for jewelry. If this is the case, the value reverts to basic gold value, as all numismatic (coin collector) value disappears.
cqLastNotify