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Starting A Gold Sovereign Collection

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New Member

United Kingdom
3 Posts
 Posted 12/24/2013  06:57 am Show Profile   Bookmark this topic Add DrJay to your friends list Get a Link to this Message Number of Subscribers
Hello Folks!

I recently acquired a job lot of 11 gold sovereigns for what I think was a very reasonable £1825 GBP. Now, seems to me that these 11 would be a good basis of a start of a collection. Without posting pictures, I can say to my untrained eye that all are practically unmarked with no obvious wear or rim dents and weigh what they should (8 g). My question is, which years are worth keeping as 'collectable' (if any), bullion value aside. Years are (along with what internet research I have done):

1844 shield back
1882 M young head
1885 M young head
1887 Jubilee head
1888 x 2 Jubilee, 1889 x 2
1891 long tail
1892 x 2

Any books to recommend on further research and grading? (Marsh's gets mentioned a lot). All are London mint unless stated. Any years to look out for? I know there's a lot to learn, but are the above a good basis to begin with?

Regards, Dr J (the one who made a poor buy on a 1761 4000 reis coin, sigh)







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zxcccxz's Avatar
Canada
5417 Posts
 Posted 12/24/2013  2:36 pm  Show Profile   Bookmark this reply Add zxcccxz to your friends list Get a Link to this Reply
All of those years are collectible and worth more than melt even though their value is highly reliant on the gold. For common dates my LCS sells them at melt + $25.
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United Kingdom
1351 Posts
 Posted 12/26/2013  03:57 am  Show Profile   Bookmark this reply Add peter1234 to your friends list Get a Link to this Reply
Methinks you need a pricing book.
I would suggest Collectors Coins GB 2014 this has just been released.
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sel_69l's Avatar
Australia
21788 Posts
 Posted 12/26/2013  06:30 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Many years ago, (1968 to be exact), I completed an Australian sovereign and half sovereign type set that included an Adelaide Pound, all Australian minted.
It was auctioned just before we married to raise deposit money for our first house which we bought in 1976.

1. Adelaide pound 1852 VF
2. Sovereign, Sydney Mint wreath type 1, 1855, GF/ VF
3. Sovereign, Sydney Mint wreath type 2, 1863, VF
4. Sovereign, young head shield, 1875s, aUnc
5. Sovereign, young head St.George 1876s, aUnc
6. Sovereign, jubilee head 1890s aUnc
7. Sovereign, veiled head 1895s, aUnc
8. Sovereign, Edward V11, 1906s, Unc
9. Sovereign, George V standard head, 1912s, Unc
10. Sovereign, George V small head, 1931p

a. Half sovereign, Sydney Mint wreath type 1, 1856, F/VF
b. Half sovereign, Sydney Mint wreath type 2, 1859, VF/EF
c. Half sovereign, young head shield, 1983, EF
d. Half sovereign, jubilee head 1887, Unc
e. Half Sovereign, veiled head 1897, Unc
f. Half sovereign, Edward V11, 1908s, Unc
g. Half sovereign, George V, 1912s, unc.

They just HAD to be all Sydney Mint coins, because that is the city in which I live.

The collection was sold, along with about 90 Roman coins, which included two gold aureii of Claudius and Hadrian, and a solidus of Constantius 11, and
a pre decimal Australian type set in bronze and silver, where each type was represented by the rarest date except for the 1930 penny, a '25 penny was included instead.

I bought the Adelaide Pound for myself for my 21st birthday, with accumulated money from my 21st, and saved money. I paid $250 for it at the time.

I reasoned that you can't put a roof over your head with a stack of rare coins!

The house cost $35,000 in 1976, and would now be valued at about $525,000.
New Member
milou's Avatar
Greece
40 Posts
 Posted 01/10/2014  05:32 am  Show Profile   Bookmark this reply Add milou to your friends list Get a Link to this Reply
I think the most collectable sovereigns is the shield back.Trying to buy only thems and in high grades
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trout1105's Avatar
Australia
7096 Posts
 Posted 01/10/2014  06:00 am  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply
Sel I love you like a brother and you did the right thing by your family and I totally respect that.
In hindsight tho I think you should have hung onto that Adelaide Pound. I just looked at "Bluesheet" and I know how you grade and I recon that coin would grade at XF40 and we are talking 75K for that baby in todays market.
I have NEVER even seen one of these in the flesh let alone had ownership of one.
Kudos goes to you Mate for sacrificing that coin for your families future.
As far as I am concerned it doesn't get any more real or Australian than that.
Good on Ya Mate
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sel_69l's Avatar
Australia
21788 Posts
 Posted 01/10/2014  4:36 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
My young wife was more important to me than my coins.
I managed to pay the house off in 7 years on a single income.
The house was entirely in her name, so that I could indemnify and protect her from any possible professional claim against me. At least, I could still live in HER house!

The house is all mine now. Sadly, the wife died a couple of years ago. A good wife is FAR more valuable than ANY rare coin!

Besides, I have also managed to build a very interesting collection since then, over a period of nearly four decades.
It includes about 300 coins over 1,000 years old, and about a dozen gold coins over 500 years old.
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