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Need Help With My New Purchase

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Pillar of the Community
EgCollector's Avatar
Egypt
3470 Posts
 Posted 08/12/2007  6:08 pm Show Profile   Bookmark this topic Add EgCollector to your friends list Get a Link to this Message Number of Subscribers
I have purchased these two gold coins, and I don't have a Krause catalogue for this period. So I would appreciate any info.
All I know is that each is 8 gm gold (22K) Queen Victoria Sovereign 1896 and 1900.

Grading and an estimate value will be helpful


Thanks



Image: Need-Help-With-My-New-Purchase 1896_1.jpg
91.44 KB



Image: Need-Help-With-My-New-Purchase 1896_2.jpg
63.78 KB



Image: Need-Help-With-My-New-Purchase 1900_1.jpg
86.59 KB



Image: Need-Help-With-My-New-Purchase 1900_2.jpg
61.52 KB
Edited by EgCollector
08/12/2007 6:46 pm
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echizento's Avatar
United States
23731 Posts
 Posted 08/12/2007  7:15 pm  Show Profile   Bookmark this reply Add echizento to your friends list Get a Link to this Reply
At @8 grams they are both sovereigns of Queen Victoria from great Britain KM# 785, 1896 in UNC is $130 and 1900 in UNC is $ 115. From the images they look to be F-VF.

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Egypt
3470 Posts
 Posted 08/13/2007  3:48 pm  Show Profile   Bookmark this reply Add EgCollector to your friends list Get a Link to this Reply
Thanks echizento
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atlashealth's Avatar
United States
1691 Posts
 Posted 08/13/2007  7:14 pm  Show Profile   Bookmark this reply Add atlashealth to your friends list Get a Link to this Reply
Gorgeous coins eg...don't know much about these coins..they look VF30 to me!
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Irishraider's Avatar
United States
1454 Posts
 Posted 08/13/2007  8:25 pm  Show Profile   Bookmark this reply Add Irishraider to your friends list Get a Link to this Reply
Nice gold coins eg, I only have one but wish I had more. Mine is a 2003 half eagle. I need to post pics in my gallery of it.

Edited by Irishraider
08/13/2007 8:29 pm
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Peter THOMAS's Avatar
Australia
2830 Posts
 Posted 08/14/2007  3:01 pm  Show Profile   Bookmark this reply Add Peter THOMAS to your friends list Get a Link to this Reply
G'day, there were three mints producing sovs in 1896, and 4 in 1900.
Royal Mint, London, has no mintmark.
I think I can see an "S" for Sydney on your 1896.
I can't see anything on your 1900, but the pic is not very clear.
The mintmark, if there is one, is above the date, and centred, just below the horse's right hind-hoof.
Values are driven by the price of gold.
Peter in Oz
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EgCollector's Avatar
Egypt
3470 Posts
 Posted 08/16/2007  06:12 am  Show Profile   Bookmark this reply Add EgCollector to your friends list Get a Link to this Reply
Irishraider

quote:
I only have one but wish I had more. Mine is a 2003 half eagle. I need to post pics in my gallery of it.



These are my first coins, and I wish I can add more to my collection. Specilly the Egyptian Royal coins (King Fouad and King Farouk) but they are difficult to be find here in Egypt.

Please post pics for your coin, I love gold coins
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EgCollector's Avatar
Egypt
3470 Posts
 Posted 08/16/2007  06:22 am  Show Profile   Bookmark this reply Add EgCollector to your friends list Get a Link to this Reply
Peter THOMAS

I'm not at home rightnow, i'll look for the mint mark when I return from work.
Does the mint mark affect the value, meaning is there a rare one or less mintage number.
Any info will be helpfull because my Krause is 1900 to present 2006 edition so these coins are not included

Thanks
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casey jones's Avatar
United Kingdom
103 Posts
 Posted 08/16/2007  07:01 am  Show Profile   Bookmark this reply Add casey jones to your friends list Get a Link to this Reply
I know a guy at work who has dived on a wreck site off the North Wales coast ( Anglesey ) & pulled up a good few of these coins with Aussie mint marks on them. The boat was the Royal Charter & it went down in a bad storm with the loss of many lives. He reckons there's still stuff down there amongst the rocks worth going after. Personally I haven't got any in my collection yet.
Edited by casey jones
08/16/2007 07:03 am
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Sap's Avatar
Australia
16830 Posts
 Posted 08/16/2007  08:53 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
quote:
Peter THOMAS said:
...I think I can see an "S" for Sydney on your 1896...

I thought that one looked like an "S" too, but I didn't comment on it at the time because:
(a) it doesn't look centred between the 8 and 9; I don't know if sovereign mintmarks were prone to "wandering" like that, and
(b) I'm not certain what a "mintmark-less sovereign" is supposed to look like.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Peter THOMAS's Avatar
Australia
2830 Posts
 Posted 08/16/2007  10:12 am  Show Profile   Bookmark this reply Add Peter THOMAS to your friends list Get a Link to this Reply
G'day,
> Amr, the mintmark can affect the value, if one mintmark is significantly less common than the others in that year. I've looked at a McDONALD's catalogue, which only covers the Australian mints. He rates the S & M as equally priced for 1896; and the S, M, & P equal for 1900. Plenty were made in those years, at those locations. My guess is that London Sovs probably fall into the same price range.
Remember, these coins were legal tender throughout the British Empire, and readily accepted beyond the Empire. They were produced in great numbers, particularly from the 1850s up to World War 1. Production ceased in 1931, but has since resumed. The best, uncirculated, examples can attract a high premium.
2007 is the 190th year of the Sov, and it still has the same reverse ... and it remains a beautiful sculpture.
I've read that in the 1991 Gulf War, RAF and USAF pilots were issued with five KG5 Sovs, as part of their survival kit. Apparently, both St George and King George continue to be recognizable and acceptable symbols of value.

> SAP, when I got into Sovs, I had trouble with mintmarks. The S is just a squiggle; the M is not much better; but the P is pretty clear. I take mine into my garden around noon; I use a 15x loupe; I situate the coin in maximum light, and jiggle it, so as to get a view from every angle. Eventually I find an angle that brings up the mintmark with great clarity. ... Or not, in which case it must be from London. [I live in dread that one day, someone will point out a mintmark where I could find none]
The location of the mintmark doesn't vary much. So, with a London Sov, I'm only checking in one very specific location. I use the hoof as my starting point.
The only real risks, as I understand it, are -
in the few years that London is rare, someone might attempt to remove the mintmark to pass off a more common coin as a London Sov; or
in the years when Sydney is rare, someone might partially scrub a Pretoria mintmark (SA), removing the A, leaving the S. In that case, the S is off-centre.
The experts say that the best way to pick a dodgy one, is to look at lots and lots of Sovs, and then the dud will be "obvious". Experts are like that, I suppose.
Sovs are addictive: my circumstances don't permit me to add to my collection at the moment, but I'll start saving for the double-Sov (16 grams), and the five-pound (40 grams), when I can.
If I might be of further help, please ask.
Peter in Oz

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EgCollector's Avatar
Egypt
3470 Posts
 Posted 08/17/2007  5:28 pm  Show Profile   Bookmark this reply Add EgCollector to your friends list Get a Link to this Reply
Peter THOMAS
Thanks for the info, I've looked at the 1869 coin with a loop and it has the "S" letter as you mentioned while the 1900 coin dont have any.

Thanks again for your help
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Firecom911's Avatar
United States
161 Posts
 Posted 08/18/2007  10:56 am  Show Profile   Bookmark this reply Add Firecom911 to your friends list Get a Link to this Reply
The info on the Royal Charter shipwreck is intriguing.

Be interesting to find out the story of the wreck, what was on board, and what, if anything, was salvaged.
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casey jones's Avatar
United Kingdom
103 Posts
 Posted 08/18/2007  5:32 pm  Show Profile   Bookmark this reply Add casey jones to your friends list Get a Link to this Reply
From what I can remember ( correctly I hope ) the guy I know at work has found a lot of gold 'dust'/nuggets in amongst the rocks as well as a number of coins. He's made himself a special tool, a bit like a long pair of tweezers, to extract the small bits from the narrow spaces between the rocks that has trapped a lot of the stuff. He's also got the pocket watch of the second in command on the ship. A lot of what was not originally salvaged at the time of sinking has since been 'removed'. He & a few dive buddies took a lot of the gold sov's to London to sell to a few interested coin dealers. Apparently the wreck still has potential though as I know he still dives on it. Not that it's overly deep as apparently it smashed itself up on rocks inshore off Moelfre. There's lots of wrecks off the North Wales coast where I live. Makes beach detecting more tempting!


Apologies if this has gone slightly off topic!
Edited by casey jones
08/18/2007 6:04 pm
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Brissyboy's Avatar
Australia
335 Posts
 Posted 08/18/2007  10:34 pm  Show Profile   Bookmark this reply Add Brissyboy to your friends list Get a Link to this Reply
Am I correct with the list of Mints and mintmarks for sovereigns and halfs?

Royal Mint London (UK) - no mintmark
Royal Mint Sydney (Australia) - S
Royal Mint Melbourne (Australia) - M
Royal Mint Perth (Australia) - P
Royal Mint Pretoria (South Africa) - SA
Royal Mint Ottawa (Canada) - C

Wayne
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Sap's Avatar
Australia
16830 Posts
 Posted 08/19/2007  01:05 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
One more - Royal Mint Bombay (India) - I (1918 only)

In an old thread, negative1 posted a spiffy case displaying examples of sovs from all seven mints.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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