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BigOwl

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    BigOwl reacted to Allgoldcoins in Premium on Victoria Shield Back Sovereigns   
    With Victorian Shields sovereigns grade is the important issue, unlike some more common sovereigns all are quite collectable in higher grades. You don't normally see shield sovereigns in bullion batches, in fact I know a few bullion dealers who takes these out of any sovereigns they get in. The more common shield dates which is mainly some 1850's, 1860s and 71-73 London and a couple of the 70s/80s Sydney and Melbourne dates in low grade do only command 50-60 quid over spot so £350 - £360 is a reasonable price to pay to get a reasonable looking example. 
    All 1840s will cost more, I think £400 min to get even a reasonably worn coin from the early to mid 40s. Once you start looking at grades of Good Very Fine and above prices rise quite sharply even for the more common years, a £350 1854 might be £1500 for one which gets towards GEF or AUNC, they are very difficult to find.
    If anyone wants a tip on how to know how good your Shield sovereigns are, look at the obverse, Victoria has a small curl in front of her ear, that is the 1st wear point, followed by a flattening of the hair above Victoria's ear. If you check the reverse you are looking to see how many of the lions faces you can actually see clearly, if you can see all 6 faces without wear you have a top drawer coin. 
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