Is This A Good Buy?

Hi Jizer1,

Ok, the thing here for me is that it is ebay. Now the are a lot of authentic coins selling on ebay, Problem is there are a lot of fakes too.

As a general rule for myself, if the coin is worth more than $100 then I don't get it from ebay. ($100 is what I'm willing to risk).

I'd suggest that you try Brick and Mortar dealers. You will probably find the same coin for a decent price and have less chance of getting ripped off.

Cheers
Peter S

This coin looks authentic to me - sovereign copies are really atrocious especially the Type 1. This Jubilee Head is the L2 type (Legend 2 - D:G: close to crown & tip of crown barely touches denticles as opposed to L1 where it overlaps).

Because of the fine scratches in the fields & small dings, I'd grade it as aUNC & as such 2010 Macca's prices it as $425 & UNC as $600. While the price of gold has risen in the last couple of years, these prices are still significantly higher than bullion of about $390 & I don't think the numismatic prices have risen in step with the gold price. As sovereigns go, this type is not uncommon so I'd agree that you'd be better off going to a Bricks and Mortar dealer.

Thanks everyone! I think I will try and stick with slabbed coins if I'm buying over the bay. Unfortunately though my local stores dont have much in the way of Australian coins

its better to get a coin like that from a dealer that way if it is fake you have a much better chance of getting your money back also I wouldnt trust ebay all the time but maybe that is just because I got bburnt quite a few times:( good luck with the collection tho:)