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sovereignsteve

Silver Premium Member
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Posts posted by sovereignsteve

  1. Assuming the inheritance was kosher ie the probate was carried through correctly and any inheritance tax paid, surely the house, on transfer, was tax free?

    The question is what value is attached to the house when she inherited it? I would have thought this would have been it's value at that time and thus any capital value increase between then and now would be taxable, not it's full value.

    This seems fair to me but that doesn't necessarily mean it's true.

    If she lived in the house since the inheritance and sold it now there wouldn't be any capital gains to pay.

    Alternatively if the house had been sold as part of probate and the proceeds willed to your M-I-L, she wouldn't have had to pay any tax.

  2. 1 hour ago, Matt8v said:

    Hi folks, I am getting more interested in collecting years of sovereigns. I'm wondering if there is a table or spreadsheet available that lists from best, the sovereigns that are most desired or important?  I know the super rare will be mega money, but it would be nice to see how far up the list I could find.

    So far, found sovereigns from 1885, 1891, 1901, 1911 and 2002 shieldback. 

    It would be good to get a few more when funds and good coins allow.

     

    44 minutes ago, Aldebaran said:

    Good luck, you have started something that hopefully will last a lifetime 🌞  and cost you a lot of money

    You may live to regret asking your question!😄

  3. What makes you think there is any gold in this piece, any hallmarks?

    looking at the size and thickness of the "coins" I doubt they will be more than 9 ct if gold, probably less.

  4. 5 hours ago, refero said:

    i am not a huge fan of slabs. However i am a huge fan of sovereigns.... )

    Early shields sovereigns are often badly strucked. And the 3 lions on the reverse are usually the first to show that weakness. But it cant be confused with wear (and the lustre tells it); what you see (like for this 1841) is how the coin left the mint.

    Just as NGC often under grade shields, PCGS often overgrade, I have seen it many many times.

    The weak strike on the lions is real, I am not so convinced by the head, there looks like some mechanical damage to my eyes. Even if it is, the lustre and eye appeal on both sides is poor and negates the high grade imho

  5. You really need both. Some of the older edition books will be a little out of date but there are some gems of knowledge in them.

    There have been a number of threads on this forum over the years with some good recommendations so a quick forum search should find you some details to go at.

  6. 1 hour ago, Orpster said:

    Yea 1881S is the one I think is under graded, and the 1878S is the one I think is over graded

    Its plastic strands from the capsule on the 1884S, typical NGC quality control

    I would agree with all those gradings , which is a miracle for me and NGC, except the 1872 which I think is a tad overgraded at 64, better at 63

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