Rare Gold Bullion coins

Think you own a rare Top Dog gold coin? This week’s blog provides a handy reference for customers as well as information on gold coin collecting in general terms and may come in useful if you are lucky enough to have items such as these in your possession and indeed looking at the value of gold coins. What is bullion then I hear you say? Bullion coins are coins which are bought and sold on a value for weight basis. The gold price changes at least twice a day via the AM and PM gold fix and more regularly due to market votility, fluctuating prices. In Britain the common bullion coins are the British Sovereign (one pound coin: 1/4oz or 7.9g of 22ct gold) and the half Sovereign (1/2 pound coin: 1/8th oz or 3.9g of 22ct gold). Also popular is the Krugerrand (contains loz of 33.9g of 22 carat gold) but is also available in other weights and sizes.

From a collectors perspective should a coin be polished or damaged in any way it will become worthless as a collector's coin but not for scrap value of course. As a rule avoid coins which have been mounted as jewellery,  polished, have solder marks where loops or mounts have been removed, which are damaged by scratches, have dents around the edge (edge knocks) or which have holes that have been filled in (plugged). If a coin has been worn as jewellery for even a short time it will become naturally polished as it rubs against clothes and skin etc.

Now for the reference guid!. The dates listed below are sometimes worth more than bullion value providing as discussed they are not polished or damaged and providing they are in at least EF condition (Extremely Fine). But not always. If the bullion price of a sovereign was say £80.00 and a rare date would sell to a collector for £150.00..fine, but should the gold price rise and the bullion value became say £180.00, there will no longer be any additional collector's value, in theory anyway. Things can change very rapidly in the world of gold bullion!

Please see dates of rare bullion coins;

 

SOVEREIGNS          HALF SOVEREIGNS  (Please see notes below for key.)

1879                         George III: all* George IV : all* William IV: all*      

1908c**                    1850

1913c**                    1877m

1916c                       1881m

1917**                      1882m

1919m                      1884m

1920m**                   1885m

1920s                       1886m

1921m                      1887m

1921s**                    1881s*

1922m**                   1882s*

1922s**                    1904p

1923m*                    1908p

1923s                       1909p

1924s                       1918p

1924sa**                  1926s**

1926s

1927m**

1928m*

1929m

1930m

1931m

 

NOTES/KEY

*  Very rare

** Extremely rare

Letters accompanying date on coin - These refer to the mint mark which can be found just above the coin date. No mint mark indicates that the coin was minted in London.

Sovereigns were not minted between 1933 and 1956 and also from 1969 and 1973 (except for the 1937 proof sovereign) and no half sovereigns minted between 1926 and 1979 (except for the 1937 proof half sovereign).

It is worth noting that gold bullion coins are generally seen as an excellent investment, rare or not and whether you are out to earn extra cash for gold or indeed collect coins then there is good return to be enjoyed by the careful investor certainly in the longer term anyway.

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