British Sovereign questions

Hi all,
today I bought a 1968 Sovereign for 3% over spot. It has a picture of the queen on the front. Is this strictly a bullion coin? At the coin store, he also had 193X or 194X sovereigns with (i believe) George on it. I don't think it was edward. This coin he was charging a little bit extra so I went with the queen. Could anyone tell me if there is any numismatic premium for either of these coins.

Which coin would you have picked?
Thanks

 

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Yes there is a premium on quality coins. Many folks collect Sovereigens.

 

What he said.

 

even on such modern coins as the one with George on it, or the Queen?

 

OF Course. Not all strikes are equal.

 

I have always been surprised that common pre-1933 British sovereigns have very little premium. Of course, higher graded sovereigns, MS-63 and above, begin to command a premium.

The premium doesn't start until the Pre-1887 Victorias with the shield reverse. Then, common sovereigns begin to gain a premuim (albeit slowly).

Of course, the earlier William IV and Georges IV and III sovereigns start to get pricey.

http://www.coins-of-the-uk.co.uk/values/sov.html

Before 1817, the Guinea was the main gold coin.

Brit coins: What fun. :thumb:


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