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<p>[QUOTE=&quot;1934 Wreath Crown, post: 2408812, member: 76965&quot;]My understanding is that R6 is the rarest where only about 5-10 pieces are known to have survived out of a normal mintage that had public or general circulation. This of course excludes the very very limited mintages like the 1953 proof where only 2-3 sets were minted and were either held by the British Museum or in the Royal Family collections.</p><p><br /></p><p>With regards to some of the other comments on this thread, I&#039;m afraid I do have a problem with buying raw sovereigns, or any coin for that matter especially now-a-days with so many fake and reproduction coins being offered and where there is little or no recourse should the coin turn out to be a fake.</p><p><br /></p><p>With a slabbed coin at least there is some assurance of its authenticity and grade. I recently purchased an Indian Rupee, Victoria 1840 but when it arrived, it was clearly an imitation, even to the untrained eye of a novice collector like me. However, this could only be ascertained by using a powerful loupe which showed all the telltale signs of a moulded coin as opposed to a minted one. I got a full refund but so many people are duped into buying coins for many $$$ and they often do not know the difference between a fake and the real thing. Which is why, IMHO grading is not such a bad thing as it does offer some protection to all collectors, especially those who do not have access to reputable coin dealers and wish to purchase online.</p><p><br /></p><p>Having said that, I initially purchased several normal (common) sovereigns from trusted jewelers at melt or very slightly above melt but have changed my focus to more sought after dates and types, which I prefer slabbed. I would also advise new collectors to initially buy slabbed coins or Royal Mint sealed coins before venturing into the cruel world of raw coins with the risk of buying a fake. Yes one would pay a bit more but how many of us would spot if a coin has been cleaned, or has hairlines or even some very light tooling?? Not many….of that I’m sure.[/QUOTE]</p><p><br /></p>

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