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How Much Is This Coin Worth?

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New Member

United States
1 Posts
 Posted 11/29/2006  7:45 pm Show Profile   Bookmark this topic Add Nick to your friends list Get a Link to this Message Number of Subscribers
Hi All, Passed onto me from a relative I have this UK gold Sovereign coin which I think is made of 22K gold, I have added 2 pictures of the exact coin which I found, just wondering if this coin holds much value as a collectors item?

Image: How-Much-Is-This-Coin-Worth? 22de_1_b.jpg
28.82 KB

Image: How-Much-Is-This-Coin-Worth? 275f_1.jpg
26.31 KB
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dsking's Avatar
United States
2365 Posts
 Posted 11/29/2006  9:14 pm  Show Profile   Bookmark this reply Add dsking to your friends list Get a Link to this Reply
First, welcome to the Forum!

Gold coins are not measured in Carat weight like jewelry. Gold coins are measured in grams per ounce of "pure" gold such as .999 (grams) of gold per ounce. Your Sovereign looks to be in very good condition. I recently purchased one for $175 that is circulated and not in as good of a condition as yours and is quite a bit older to say the least. Mine is in the image gallery if you would like to take a look: http://www.coincommunity.org/galler...hp?pos=-1752

I'm not comparing apples to apples here though as my Sovereign is 1892. Hopefully, someone else will chime in on value for you. I'm not up to date on current issues and so forth either.

Again, welcome to the forum!
Rest in Peace
Gary Burke's Avatar
United States
3730 Posts
 Posted 11/30/2006  12:35 am  Show Profile   Bookmark this reply Add Gary Burke to your friends list Get a Link to this Reply
Welcome to the forum.

Great coin!!
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Sap's Avatar
Australia
16849 Posts
 Posted 11/30/2006  02:36 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
That's the commemorative sovereign, issued in 1989 for the 400th anniversary of sovereign coinage. According to the (American-made) Krause catalogue (last year's edition), the coin is listed as KM#956 with a catalogue value of US$375. It was only issued in Proof, with a mintage "Est. 28,000". "Ordinary" proof sovereigns from about the same time period (KM# 943) catalogue at $225-$250, so if that's still accurate, your coin is indeed worth more to collectors than it's bullion value.

2 and 5 sovereign coins were also issued that year, with identical designs - the only way to tell them apart is by size/weight.
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
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DaBoz's Avatar
United States
80 Posts
 Posted 12/27/2006  11:42 am  Show Profile   Bookmark this reply Add DaBoz to your friends list Get a Link to this Reply
"According to the (American-made) Krause catalogue (last year's edition), the coin is listed as KM#956 with a catalogue value of US$375"

And Gold was more than $100 cheaper when that Krause was published, so the value is certainly higher now due to just that increase.
New Member
United States
1 Posts
 Posted 12/27/2006  7:39 pm  Show Profile   Bookmark this reply Add u_got_mail_mann to your friends list Get a Link to this Reply
Don't know what I'm doing here but I have the same copy of the coin Paysinger posted and I don't have any postings so apparently can't send an email to him to see what he's learned?
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Susanlynn9's Avatar
United States
5877 Posts
 Posted 12/27/2006  8:45 pm  Show Profile   Bookmark this reply Add Susanlynn9 to your friends list Get a Link to this Reply
Sorry, the inability to send email without a minimum number of posts was put in place to prevent trolls from joining and sending spam to our members. We apologize for the inconvenience, but it is yet another way that we try to protect our members from unwanted spam.

Please take a look at the rest of the forum and make some quality posts if you can. The amount needed is minimal.
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Sap's Avatar
Australia
16849 Posts
 Posted 12/28/2006  03:12 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
I assume UGMM's referring to the "devil coin", the imitation ancient Gelas tetradrachm, mentioned in this old thread. I don't think contacting Paysinger will do much good - he/she hasn't posted since last January. As for what is known about it, I don't think there's anything to add to what's already there in the thread - it's a copy of an ancient coin, there seem to be lots of them around, we don't really know why so many of them were made and it's likely to be only worth a dollar or two.
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
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