Is this a good price for an Old Head Sovereign?

[Fastnick]

I came across this offer on Facebook from CPM Coins - https://www.cpmcoins.com/p-126E/Queen-Victoria-Old-Head-Sovereign.aspx?utm_source=facebook&utm_medium=cpc&utm_campaign=queen+victoria+old+head+sovereign+naq+june+2019&utm_term=sovereign+interest+static&utm_content=static&sn=k

My knowledge of older sovereigns is almost non-existent, and so I'd be grateful to hear the thoughts of those Forum members who do have experience and expertise of this type of coin - I'm especially keen to learn if the price of £299 is a "too-good-to-miss" one - or not 

[JunkBond]

The least desirable imo.

[Roy]

Agreed. 

There's a chap on here selling one for £260

[universalcurrency]

.What have they been smoking?  'Reduced from the normal price of £545'  definatly swapping marketing notes with H&B + Buck collection. 🙄

[sovereignsteve]

6 minutes ago, universalcurrency said:

.What have they been smoking?  'Reduced from the normal price of £545'  definatly swapping marketing notes with H&B + Buck collection. 🙄

they've been doing this for ages

[Coolsmp]

I remember buying an 1894 for £240 although this was about  a year ago

[Midasfrog]

£260 for a Victorian Sovereign is a fair price with todays gold spot price in mind 

[Fastnick]

Thank you all very much for taking the time and the trouble to give me the benefit of your expertise - it is hugely appreciated 

[Serendipity]

Mention CPM, Harrington & Byrne, Hattons of London, Jubilee Mint, Buckingham Collection, etc., and I can give you a billion reasons not to buy coins from these rip-off merchants. Always buy from reputable dealers such as Chards of Blackpool who have an absolutely fantastic 1897 Victoria ‘Old Head’ Melbourne sovereign available with 4 grades. However, the coin being offered by CPM is actually an ungraded Victoria ‘Old Head’ sovereign issued 1893 - 1901.

[Murph]

18 hours ago, Serendipity said:

Mention CPM, Harrington & Byrne, Hattons of London, Jubilee Mint, Buckingham Collection, etc., and I can give you a billion reasons not to buy coins from these rip-off merchants. Always buy from reputable dealers such as Chards of Blackpool who have an absolutely fantastic 1897 Victoria ‘Old Head’ Melbourne sovereign available with 4 grades. However, the coin being offered by CPM is actually an ungraded Victoria ‘Old Head’ sovereign issued 1893 - 1901.

410 for a vf 1897 still isn't cheap and there is another tenner or so for postage on top.

[Serendipity]

4 hours ago, Murph said:

410 for a vf 1897 still isn't cheap and there is another tenner or so for postage on top.

Yes, you’re right! I stand corrected. Hatton Garden Metals sells them cheaper than Chards and CPM at £284.63 (current gold price) plus £6.95 delivery. They’re out of stock at the moment.

https://www.hattongardenmetals.com/buy/gold-sovereign-Victoria-Old-Head-1897