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What Is A Fair Price For Early Sovereigns (1817-57)

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houston_guy462004's Avatar
United States
235 Posts
 Posted 11/11/2007  12:35 pm Show Profile   Bookmark this topic Add houston_guy462004 to your friends list Get a Link to this Message Number of Subscribers
As a collector of foreign coins that had legal tender status in the US until 1857, I would like to acquire a gold sovereign of George III, George IV, William IV, or Victoria (up to 1857). Auction prices on ebay for sovereigns of 1821 - 1825 in EF have been $600 - $800. Please provide me with a price guide estimate for common date coins for any of these monarchs in F and VF. My 1998 edition of Coincraft's Standrd Catalogue is no longer an accurate gauge of price, even accounting for inflation. Thank you.

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NumisMattyUk's Avatar
United Kingdom
2217 Posts
 Posted 11/12/2007  03:21 am  Show Profile   Bookmark this reply Add NumisMattyUk to your friends list Get a Link to this Reply
I'm sorry I cannot say as I am not the one with all the cash ;) who can afford to study these things going for whatever prices on ebay as they do :(

According to Collectors' Coins GB 2007 (recommended for general accuracy but I cannot be certain for every coin or genre of coin) a George III Sov' 1817 goes for around £250 in F to £400 in VF and the 1820 is the same value. To make it easier, I'll just type out what I see for the prices in this book from now on.

We've got, F-VF in £'s

1817 £250-400
1818 350-500
1820 250-400

George IV

1821 225-375
1822 300-450
1823 450-1250
1824 350-500
1825 500-1500 (crowned)
1825 200-400 (the so-called 'bare head' variety, more common..)
1826 200-400
1827 275-450
1828 2000-6000 (Yow!)
1829-30 275-450


William IV

1831-33, 35-37 300-500

Victoria

1838 250-500
1839 400-800
1841 1500-3000
1842-50 125-175
1851-57 100-125

I haven't listed varieties or proofs etc..

Hope that helps..




Edited by NumisMattyUk
11/16/2007 5:47 pm
Valued Member
houston_guy462004's Avatar
United States
235 Posts
 Posted 11/12/2007  1:17 pm  Show Profile   Bookmark this reply Add houston_guy462004 to your friends list Get a Link to this Reply
NumisMattyUK-

Thank you very much for your time and trouble. It was very kind of you to type the information. I gues I will have to get an updated copy of Seaby's Standard Catalogue, although it is not as informative as Coincraft's. Last night I was the high bidder (I refuse to say "winner") of an 1842 sovereign in VF for $210 USD (about GBP 100), and last week got a 1790 "spade" guinea in F for $270. British gools seems to be popular on ebay. I notice one wealthy German buyer bidding rather high on every gold coin listed, throwing the true fair market value out of whack.
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NumisMattyUk's Avatar
United Kingdom
2217 Posts
 Posted 11/12/2007  1:28 pm  Show Profile   Bookmark this reply Add NumisMattyUk to your friends list Get a Link to this Reply
Hehe... God bless those crazy wacky high bidders...
Looks like you got the Sov' at a 'good' price then, eh?
I don't know much about bidding on these as I don't have that kind o' 'mullah' yet but I will build up to it ;)
Good luck in your future coin hunts...
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Peter THOMAS's Avatar
Australia
2830 Posts
 Posted 11/13/2007  8:11 pm  Show Profile   Bookmark this reply Add Peter THOMAS to your friends list Get a Link to this Reply
G'day, I collect the garter sovereigns, and the earlier guineas and their fractionals.

It is my observation that since I started two years ago, the sovs have shot up in price quite rapidly. I feel lucky that I started when I did. In the better grades, the prices are enormous.
If anyone sees an 1818 sov up for auction, I'd love to hear about it.

Peter in Oz
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houston_guy462004's Avatar
United States
235 Posts
 Posted 11/14/2007  12:02 pm  Show Profile   Bookmark this reply Add houston_guy462004 to your friends list Get a Link to this Reply
I also notice that Btritish gold coins, which used to be quite affordable, have recently gone up in price. I fel lucky to have purchased a 1790 spade guinea in F for USD 270, as ebay auctions prices have been USD 350+. Even the sovereigns of Victoria which used to be USD 150 in VF are averaging USD 225. I have noticed many buyers from continental Europe rather than from former British colonies where I would think the coins would hold the most interest. Anjyway, I am pleased with my 1842 sovereign, as it was legal tender in the United States until 1857, and has a certain Charles Dickensian appeal.
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