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 Replies: 9 / Views: 3,393 |
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Pillar of the Community
United States
581 Posts |
Hello all, I picked up this 1899-P Australia Victoria Gold Sovereign recently. The pics are not great. They were taken under sub-optimal light conditions with an iPhone. The coin is in an old 2 by 2 as well. I tried to capture as much of the "flaws" as possible. The coin looks very nice in hand. Great "eye appeal". IMHO. Any assistance on grading and/or value is greatly appreciated. Thank you!    |
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Bedrock of the Community
Australia
21786 Posts |
Some remaining luster, but in the legends only.
Most of these coins were minted as a backing to the banknote supply, and for international payment, but it seems as if this particular example may have seen some circulation.
VF Australian grading.
AU50 Sheldon.
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Pillar of the Community
 United States
581 Posts |
Thanks (again) sel_691.
Is it worth much over spot?
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Bedrock of the Community
Australia
21786 Posts |
You are fortunate enough to have the scarcest (not rare) date / mm combinations for this type, with Australian minted sovereigns.
691,000 P sovereigns were minted,
where typically for this period, 2.5 to 4.5 million veiled (old) head Australian minted sovereigns were struck.
NGC Coin Values lists the 1899P in VF at U.S.$625,
where all of the more common date / mm's for this type are valued at U.S. $325, (in other words, bullion value).
This coin in Gem Uncirculated is a low $tens of thousands coin.
Edited by sel_69l
08/24/2017 07:09 am
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Pillar of the Community
United States
581 Posts |
Sweet!
I normally just buy sovereigns because they are a lot prettier and there's more variety than modern bullion coins.
So this was a pleasant surprise.
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Rest in Peace
United States
17900 Posts |
Nice score if you purchased close to mint. I'd be at EF-45 for US grading.
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Pillar of the Community
United States
581 Posts |
Thank you moxking. As I've become more interested in sovereigns along with other non-US coinage I've become increasing exposed to the European Coin Grading System. And I'm very glad that I have. I came across this website recently which explained it in a way I could understand and relate to: http://www.allcoinvalues.com/europe...-system.htmlDo you all feel this website's definition and explanation is accurate? |
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Bedrock of the Community
United States
36575 Posts |
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Bedrock of the Community
United States
94367 Posts |
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Pillar of the Community
United States
581 Posts |
Nice. Thanks for the extra help!
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Replies: 9 / Views: 3,393 |
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Posted 08/24/2017 01:36 am
