Assistance Requested: 1958 British Gold Sovereign - Real Or Not?

Well the weight and size seems right and the value is just in the gold so not commonly faked.

You can see the digs in the front? These coins were often worn in jewellery so maybe its been knocked about like that...

Theres no alarm bells ringing for me but I wouldn't spend more than bullion value on it.

DavidUK,

I am sorry to bother you again. When you refer to the "digs" on the face could you clarify?

The coins that have been mounted as jewelry, that I have encountered, all have seem to have been put into a bezel or they have literally have had a hole drilled into/through them.

Kind regards,
Yellow88

Thank you!

UK understood now.

It has no premium as a numismatic piece and spot value is my take on this matter.

I thank all three of you gentlemen from the UK very much. I could not have asked for more clear and concise answers along with superb explanations. My knowledge level grew 10 fold.

The Chard site is exactly where I found the info about the serrations. The Chard site in general is a lot of fun and informative.

I sell a little on ebay mostly assisting collector friends dispose of items that want to liquidate. Personally I'm a gold fanatic.

I do a lot of international business so I'm always running into interesting coins, but that is the fun part for me. Doing the research, meeting new people and making new friends along the way is what I truly enjoy.

I just recently started getting into the sovereigns for myself. An 1890 and an 1892 so far. They are a lot of fun!

Very glad you mentioned this. I have a small store on ebay and just got through selling a great deal of Aussie and New Zealand coins. I made some good contacts with a few Aussie coin dealers who were simply reselling the coins they bought from me.

I would love to get even just one of the coins you mentioned. And I even studied the different metal contents and mint marks etc you mentioned. The Aussie dealers stated they are even hard to come buy over there and the one or two I've seen in the states were quite expensive.

Please correct me if I'm wrong but I believe some sovereigns were minted in India? Bombay or Calcutta Mint I cannot remember.

I love my two little Jubilee headed Victorias!

Very nice Yellow.

When I was about 20 years old I worked in a jewellers shop which had a pawn brokers attached. The gold price at the time was about £5 a gram for 22ct and we used to have many sovereigns come out of the pawn broking side, so many that we would send them to melt to recover the money.

Long and short of it was that whenever I did a days over time I would ask to be paid with a sovereign. I put together a nice collection of each portrait and a couple of mint marks for Sidney or Melbourne... all at £40 per sovereign.

I don't have many regrets but I had some hard times, and I had to sell these, mainly because they were the easiest thing I owned to turn into cash but also because the gold price went huge and I turned a massive profit on them. I think this is the only numismatic items that I have ever sold. Another benefit is that by British law, since these coins were legal tender you cannot be taxed on the profit from them.

Cut to now I just have a few proof modern sovereigns and half sovereigns from 2000 and the special releases from 2002 with the shield backs. These are a throw back to my only old one from Victoria which sits inside of silver sovereign holder made by the famous maker Sampson Mordan who invented the propelling pencil.
English silver has hallmarks allowing it to be dated accurately to 1897 the sovereign is a bit earlier from 1855.

:-) I am glad you appreciate, if your interest in this area continues I look forwards to seeing any further aquisitions you make. Sovereigns are a coin agreat many of us this side of the pond have affection for.