George V Sovreign Question - Coin Community Forum

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Author	Replies: 11 / Views: 5,119
EgCollector Pillar of the Community Egypt 3470 Posts	Posted 04/29/2008 06:19 am Hi all, I have noticed in my Krause 1900-present 33rd edition that the George V Sovreign coins dated fom 1911 to 1925 all have BV for the XF condition and around $130 for the UNC condition EXCEPT; the 1917 F= $3,000 VF= $3,500 XF= $6,500 UNC= $12,000 I thought this may be due to low mintage number "1,014,999" but the 1911 Proof has a mintage number "3,764" and a value of $700 Can anyone explain this for me please. Why is that specific date has a very high value comapred to the others, specially that Krause even didnt write "Rare" beside it. Thanks Report this Post to the Staff

Peter THOMAS Pillar of the Community Australia 2830 Posts	Posted 04/29/2008 08:30 am G'day, my understanding is that gold ceased to circulate in Britain once WW1 began: paper money took over. Gold coins were minted, but primarily used to settle international transactions. There were large shipments of gold coins from Britain to the USA toward the end of the war. The American practice was to melt these, and re-mint the gold as American coinage. No-one kept track of the dates on the coins. It is thought that most of the output of several years disappeared in this way. So the mintage figures are unexceptional, but the coins are not occurring in the marketplace. Peter in Oz Report this Post to the Staff
EgCollector Pillar of the Community Egypt 3470 Posts	Posted 04/30/2008 4:47 pm If I understood it correctly, you mean that the actual number of this date now present in the market is not the mintage number but far less. If so, why the word scarce or rare is not mentioned beside the date, as they usually write it. Thanks Report this Post to the Staff
Peter THOMAS Pillar of the Community Australia 2830 Posts	Posted 05/01/2008 1:51 pm G'day, quote: "you mean that the actual number of this date now present in the market is not the mintage number but far less." - that's it ! Quote: "why the word scarce or rare is not mentioned beside the date, as they usually write it." - good question. I don't have an answer for that. Marsh 1980 describes the 1916 as "Rare", and 1917 as "R5 - 9 to 14 examples known". Marsh refers to the movement of sovs to the USA during WW1. He also reports that about 90 million sovs were melted down by the Bank of England during 1929 & 1930. These two factors explain the rarity of 1916 & 1917. Peter in Oz Report this Post to the Staff
EgCollector Pillar of the Community Egypt 3470 Posts	Posted 05/01/2008 5:38 pm quote: Marsh 1980 describes the 1916 as "Rare", and 1917 as "R5 - 9 to 14 examples known". Marsh refers to the movement of sovs to the USA during WW1. He also reports that about 90 million sovs were melted down by the Bank of England during 1929 & 1930. These two factors explain the rarity of 1916 & 1917. Thanks fo the info, but pardon my ignorance who is Marsh? Edited by EgCollector 05/01/2008 5:53 pm Report this Post to the Staff
Peter THOMAS Pillar of the Community Australia 2830 Posts	Posted 05/02/2008 03:05 am "THE GOLD SOVEREIGN", by Michael A. Marsh. First edition 1980, which I have. Second edition; and Third edition 2002: don't have either of these, yet. Peter Edited by Peter THOMAS 05/02/2008 5:56 pm Report this Post to the Staff
shatsi Pillar of the Community United States 1541 Posts	Posted 05/02/2008 10:46 am Peter, I've seen 2 books on Sovereigns. The one you mentioned above and "The Sovereign". Which one would you recomend for a beginer? They're pretty expensive in the US from what I've seen. Report this Post to the Staff
EgCollector Pillar of the Community Egypt 3470 Posts	Posted 05/02/2008 4:19 pm Thank you very much Peter, you were very informative Report this Post to the Staff
Peter THOMAS Pillar of the Community Australia 2830 Posts	Posted 05/02/2008 5:10 pm G'day, Marsh 1st edition, has the essential information, and not much more. I gather that the 2nd & 3rd editions, which I haven't seen, have a lot more. I live 3,000 km from a coin shop, so I get my coin books from the Internet. I find that once I decide what to buy, then I research what is available, from where, what price. Then I watch ebay, so that when something I want is available, I know whether I'm getting a good price. I've seen second-hand books on ebay fetch 50% more than new books on Amazon, presumably because bidders didn't do basic research. Anyway, I have compiled this list of books available on sovereigns: the only one I've seen is Marsh's ist edition, which I have at home. I don't regard it as a "great" book, but as an adequate reference. The History of the Gold Sovereign by Sir Geoffery Duveen & H. G. STRIDE [HGS was former Chief Clerk of The Royal Mint]. 1st edition published 1962, Oxford Uni Press The History of the British Sovereign By J. J. Cullimore ALLEN, 1965 SOVEREIGNS OF THE BRITISH EMPIRE by J. J. CULLIMORE ALLEN Publisher: SPINK SON LTD (1965) Hardcover: 60 pages ISBN-10: 0900696060 ISBN-13: 978-0900696060 *** I'm not sure if the above really are two separate books - same author, same year. But I've seen references with the two titles, above. I've noted them both, for the sake of completeness. The Gold Sovereign. Michael A Marsh Published by Cambridge Coins 1980. First Edition. Hardback in dustwrapper with gilt titling and decorations. 72 pages, illustrated. The Sovereign. The World's Most Famous Gold Coin. A History and Guide by Daniel Fearon and Brian Reeds, 2001, 80 pages, well illustrated in color throughout, large format, maroon cloth, dust jacket. "THE GOLD SOVEREIGN", by Michael A. Marsh. Golden Jubilee [3rd] Edition, 2002. The standard catalogue of gold sovereigns with great detail and beautiful illustrations. 126 pages, with many illustrations. The Sovereign - The World's Most Famous Coin - A History and Price Guide. Authors: James Mackay, Daniel Fearon and Brian Reeds ? date; Publisher: Hilden Publications; 80 Pages. Marsh has also written about the half-sovereign. General books often have a lot to say about sovereigns: Seaby's Standard Catalogue of British Coins, Coins of England and the United Kingdom, 16th edn 1978 29th edition 1994 34th edition 1999 I gather that this is now published under the name "Spink's". The Gold Coins of England By R. L. KENYON Renniks'; and MacDonald's catalogues deal with Australian sovereigns. Of course, there are well known catalogues by Krause; several of which tell some part of the sovereign story. Peter in Oz Edited by Peter THOMAS 05/02/2008 6:07 pm Report this Post to the Staff
EgCollector Pillar of the Community Egypt 3470 Posts	Posted 05/02/2008 6:20 pm WOW, Thank you very much Peter. This is great info. Report this Post to the Staff
shatsi Pillar of the Community United States 1541 Posts	Posted 05/02/2008 9:10 pm Thanks Peter. I saw The Sovereign - The World's Most Famous Coin available online so I'm going to get that. Report this Post to the Staff
Master Gardener New Member United States 38 Posts	Posted 06/04/2008 12:05 am I like the S. African 2 Rand coin. Would you have anything from Rhodesia in your collection? Report this Post to the Staff
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