so, my SO's grandfather left her some coins. she asked me to find out what they're worth since 4 of them were wrapped very nicely. note: i read the forum posting rules and it says i can only upload 250kb per picture but i think the upload app resized them automatically, so sorry if i broke the rules. thank you in advance p.s. one of the coins has M marked above the 1907, here they are:
In Britain they trade as bullion, with a small premium for the older ones. They were not used as circulating currency after 1914, and before that their high buying power meant they were like $100 bills, not something that changed hands a hundred times a day, so well preserved examples were the norm rather than unusual. M is for Melbourne, Australian minted. Here is a British bullion company offering Edward VII sovs for £200 each, http://www.goldline.co.uk/bullionCoins.page metal value is about £175, if you know where to go you can get them for metal plus 5% to 8%. There is really only any collector value in Victorian Young Head sovs, and the nearer you go to the introduction in 1821 the greater this is.
