Question about UK gold sovereigns

Discussion in 'Bullion Investing' started by Barney McRae, Oct 21, 2024.

  1. Barney McRae

    Barney McRae Well-Known Member

    Yeah I know, wrong forum. But I live in the US, not UK. Are English sovereigns (not half sovereigns but quarter ounce gold coins) from the era 1900 till mid 1930s considered bullion or have numismatic value? That question plus does anyone here collect them? The reason I ask is that my dad passed on and left quite a few to me. Information about them is tough in the US and dealers I have talked to don't really have a lot of information or knowledge about them. Thanks.
     
    Last edited: Oct 21, 2024
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  3. rte

    rte Well-Known Member

    I used to have a good reference site in my favorites.
    I looked and Poof, it's gone.
    You can Google search gold full sovereign

    I'm sure there is a collector for them out there.
    I have a few.

    Specifications
    Composition: Gold
    Fineness: 0.9170
    Weight: 7.9881g
    AGW: 0.2355oz
    Melt Value: $642.09 (10/21/2024)
     
    Last edited: Oct 21, 2024
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  4. daveydempsey

    daveydempsey Well-Known Member

  5. Heavymetal

    Heavymetal Well-Known Member

    Sorry that you lost your Dad.
    He sure knew how to invest.
    A high quality problem indeed. Be sure to save at least one if you ever sell. My avatar is from my Dad. It was an anniversary gift from my brother on their 50th.
     
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  6. CHARLES GINETTO

    CHARLES GINETTO Supporter! Supporter

    Have your sovereigns graded by a third party recognized grader like PCGS.
     
  7. CHARLES GINETTO

    CHARLES GINETTO Supporter! Supporter

    They have both bullion and numismatic values.
     
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  8. Barney McRae

    Barney McRae Well-Known Member

    I don't know much of anything about grading gold. I'm not sure it would add any significant value. I guess I should take a few to a coin dealer for an opinion on condition. There does not seem to be much activity on eBay for that era sovereigns, as far as numismatic interest anyway, at least not on this side of the pond.
     
  9. johnmilton

    johnmilton Well-Known Member

    Sovereigns from that era in VF and less condition are worth their bullion value. The Spinks coin guide, which is the British "Red Book" lists them that way. In reality, they only have a significant numismatic value in Mint State, the higher the better.

    This piece which came in a new Charles III coin set from the Royal Mint, barely has a value over melt.

    1958 Elizabeth I Sov All.jpg
     
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  10. johnmilton

    johnmilton Well-Known Member

    Have someone who knows how to grade coins go over them before you send any of the in for grading. Grading fees and shipping are high these days. It's a waste of money if you don't get the coins back in at least MS-63.
     
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