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What Is Soveriegn Worth

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New Member

Australia
7 Posts
 Posted 11/21/2007  8:44 pm Show Profile   Bookmark this topic Add commyvt to your friends list Get a Link to this Message Number of Subscribers
What is the St George vs the dragon gold sovereign worth. it is in some sort of a book in protectors... mint condition.. with like 1918 or something as the date on it.
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Peter THOMAS's Avatar
Australia
2830 Posts
 Posted 11/22/2007  04:01 am  Show Profile   Bookmark this reply Add Peter THOMAS to your friends list Get a Link to this Reply
G'day, a genuine sovereing will be worth whatever the going rate for a quarter-ounce of gold is worth. Currently about Oz$220.
A particular coin may be worth a lot more, depending upon its condition and rarity.
Rarity is determined by the combination of the year, and the mintmark.

If your coin is in "mint condition", it probably doesn't have "like 1918 or something as the date on it".

Peter in Darwin
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Sap's Avatar
Australia
16806 Posts
 Posted 11/22/2007  04:41 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
Several mints across the British Empire struck sovereigns in 1918. Look for the mintmark on the "ground-line" the horse is standing on, directly above the date.

The three Australian mints (M-Melbourne, P-Perth and S-Sydney) are the most commonly encountered with that date, and unless genuinely uncirculated, they're not worth more than bullion value.

The two harder to find mints with that date are C-Canada (Ottawa) and I-India (Bombay). Unless well worn, both of these carry a collector's premium over bullion value. Here in Australia, the Australian ones are much more likely to be found.

Be aware it can be hard to judge how worn a gold coin actually is. Gold doesn't tarnish, tone or discolour in circulation like other metals do.
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
New Member
Australia
7 Posts
 Posted 11/26/2007  12:18 am  Show Profile   Bookmark this reply Add commyvt to your friends list Get a Link to this Reply
Thanks for your help.. Most of them were forged in Perth.. and at least one in melbourne.. They are 2x consel 10 year sets. from 1901 to 1920 first set
1901 with queen vic on the obverse
1902 - 1910 with King Edward XII

1911 - 1920 with king George V

and also a 1887 with Queen Vic Veiled and upset stamping

all coins are from the esteemed prestige australian gold sovereign collection.
All coins in mint condition in plastic casing.
any help on value would be greatly appreciated!
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Eric's Avatar
Australia
222 Posts
 Posted 11/26/2007  6:01 pm  Show Profile   Bookmark this reply Add Eric to your friends list Get a Link to this Reply
How upset in degrees is the 1887? Could be interesting...
New Member
Australia
7 Posts
 Posted 11/26/2007  9:05 pm  Show Profile   Bookmark this reply Add commyvt to your friends list Get a Link to this Reply
completely.. like american coins.. 180 degrees
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Sap's Avatar
Australia
16806 Posts
 Posted 11/27/2007  04:07 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
Just to clarify: there were two portrait types used for 1887 British coins: "young head", with the queen uncrowned, her hair tied back behind her, and "jubilee head", with the queen wearing a tiny crown on top of her head and her hair hidden behind a veil.

Young head coins are always 180 degrees upset "like American coins", while jubilee head coins are always "right way up", or 0 degrees rotation.

As for value, we really can't say without seeing pics, except to say they're worth at least bullion value. I have no idea what the "prestige Australian gold sovereign collection" is, or who assembled it, so I can't say what quality of coins might have been included. They wouldn't have originally come from the mint like that. Is there a brand name on the packaging -something like Downies? Sherwood? Macquarie Mint?
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
New Member
Australia
7 Posts
 Posted 11/27/2007  5:05 pm  Show Profile   Bookmark this reply Add commyvt to your friends list Get a Link to this Reply
I shall find out for you.. and it is the jubilee head
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Eric's Avatar
Australia
222 Posts
 Posted 11/27/2007  5:45 pm  Show Profile   Bookmark this reply Add Eric to your friends list Get a Link to this Reply
The prestige collection was assembled by Downies. All coins from the prestige collection came from one large hoard. (It's in the Coin Review somewhere).
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