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<p>[QUOTE="World Colonial, post: 2408212, member: 78153"]If you prefer raw coins and did not know it, you should be aware that US buyers grading these coins has inflated the prices just as it has for US issues, though the price level is much lower. This has happened with most of the coins I collect as well, none of which are US though I live here.</p><p><br /></p><p>The only Sovereigns I follow are those from South Africa. The 1923 circulation strike is a real rarity and the last time I checked 12 (or maybe 14) were in the combined population reports. The most widely accepted mintage for this coin is 64 which is derived by subtracting the 655 proof strikes from 719. However, in the Bentley sale, my recollection is Baldwin's disputed this number and claimed 406. I do not have access to their source.</p><p><br /></p><p>The other scarce - not rare in my opinion - one is the 1924. Last I checked, the combined population count was 57 out of a reported mintage of 3618. Once again, there is confusion in the records. I have a copy of the 1950 Kaplan Guide (a predecessor to the current Hern Handbook) which claims 2555.</p><p><br /></p><p>I presume there are some duplicates in this 57 but equally so, also assume that there are probably more out of the counts than in it, since many of these are probably owned by collectors outside of South Africa and not graded. I consider this coin overpriced at its current value.</p><p><br /></p><p>The others, I would only buy as an MS-64 or maybe MS-65, depending upon the premiums and counts. None of them are scarce and in one instance at least, the two MS-66 I saw offered on Heritage a few years ago sold for absurd prices.[/QUOTE]</p><p><br /></p>
[QUOTE="World Colonial, post: 2408212, member: 78153"]If you prefer raw coins and did not know it, you should be aware that US buyers grading these coins has inflated the prices just as it has for US issues, though the price level is much lower. This has happened with most of the coins I collect as well, none of which are US though I live here. The only Sovereigns I follow are those from South Africa. The 1923 circulation strike is a real rarity and the last time I checked 12 (or maybe 14) were in the combined population reports. The most widely accepted mintage for this coin is 64 which is derived by subtracting the 655 proof strikes from 719. However, in the Bentley sale, my recollection is Baldwin's disputed this number and claimed 406. I do not have access to their source. The other scarce - not rare in my opinion - one is the 1924. Last I checked, the combined population count was 57 out of a reported mintage of 3618. Once again, there is confusion in the records. I have a copy of the 1950 Kaplan Guide (a predecessor to the current Hern Handbook) which claims 2555. I presume there are some duplicates in this 57 but equally so, also assume that there are probably more out of the counts than in it, since many of these are probably owned by collectors outside of South Africa and not graded. I consider this coin overpriced at its current value. The others, I would only buy as an MS-64 or maybe MS-65, depending upon the premiums and counts. None of them are scarce and in one instance at least, the two MS-66 I saw offered on Heritage a few years ago sold for absurd prices.[/QUOTE]
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