| Author |
Replies: 11 / Views: 1,608 |
|
|
New Member
Australia
8 Posts |
Hi guys, found this in my grandfathers old coin collection, my mother gave me over 200 coins to go through. Is this one worth getting graded do you know. ? sorry in advance if this is posted in the wrong section.  
|
|
|
|
Moderator
 United States
189010 Posts |
 to the Community! Your reply was split into its own topic and moved to the appropriate forum for the proper attention. 
|
|
New Member
 Australia
8 Posts |
|
|
Pillar of the Community
4628 Posts |
Its a nice example, but Edwardian gold coins are very common and really worth just a bit above bullion value.
Your coin is likely AU/BU and a London coin as it has no mintmark, almost certain yours is a sovereign rather than half, but anyway mintages are 15 million for soeverigns (Only 4 million halfcrowns minted in comparison that year) and 4 million for halves.
Both are BV for F/VF, yours is at least AU, so has about a 20% premium on melt.
It is not worth wasting $45 or so to get it slabbed.
|
|
New Member
 Australia
8 Posts |
I measured the coin and it appears to be a half sovereign. I will weigh it when I can get a set of scales. 
|
|
Pillar of the Community
United States
878 Posts |
Looks like a half sovereign from the diameter. Just a friendly hint, but maybe don't touch the coins directly on the surface with fingertips!
|
|
Bedrock of the Community
United States
94367 Posts |
 to the CCF!
|
|
Pillar of the Community
4628 Posts |
Well I stand corrected. Yep half sovereign and probably more EF than UNC, my catalogue book has it at £140 in that condition as a coin to be sold. It may be higher now, solely because of Gold value.
I agree with the Captain, never handle a coin like that, hold them always by their edges. You can buy a pair of digital callipers and measure coins that way.
|
|
Bedrock of the Community
Canada
24885 Posts |
 To the Forum.
|
|
Pillar of the Community
4628 Posts |
Seeing your other thread, I would actually sell that half sovereign and use the money to buy a huge collection of Australian pennies or halfpence and that would be a fun way to get into coins.
Just my opinion, I find gold frustrating and expensive, whereas pennies and silver coins offer endless and affordable fun. I pretty much started with grubby old 2 cent pieces and now have an Australian florin collection which is just pleasing me more every day. That can be you too in a few months.
Being on this forum too, will also be great as you have some real experts and serious numismatists (Hard core coin collectors) here and we all learn and feed off each other's knowledge and growing collections.
We are lucky too, we have this great Aussie and Kiwi section as well as a dedicated British area too.
|
|
New Member
 Australia
8 Posts |
I appreciate the advice, I honestly had no idea it was important not to touch the faces on a collectable coin, good advice. I had to look up the definition of EF and UNC and I'd probably agree it would not be an uncirculated one. I'd say I have at least 30-50 penny's already at a guess and they vary from Australian to UK versions. I have some US quarters and some florins and just basically a lot of different coins to sort through. I'll keep this coin and I know its probably advised against but I might get it graded if it costs under $100 just for the sake of it. It's not really that much money and I think if the coins worth the at least the cost of the grade or less I cant really lose out,
|
|
Moderator
 Australia
16842 Posts |
The bullion value of a half-sovereign is currently AU$300. This one doesn't seem to qualify as being worth much more than bullion value.
And this one is definitely British (London mint). It's a pity it's not an Australian-minted half-sovereign (they look identical, except for a tiny P, M or S mintmark in the ground-line above the date). Australian half-sovs are much rarer than their British counterparts, and command a premium above melt, even in lower grades. A 1909-P half-sov in this condition is a scarce coin and would be worth AU$800 or so; 1909-M, around $400.
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
|
| |
Replies: 11 / Views: 1,608 |
|