Ring Mounted Gold Sovereign

[GrahamDiamond]

A friend is interested in selling but not sure of the value ? She is hoping for £400, i do not know the value Coinster,s !!!!! I have seen the coin ring in the flesh, the photo,s are not the best. The Ring part is hallmarked, sovereign looks in great condition 1914 I think.

[Notafront4adragon]

Do you know the weight and hallmark? 

[GrahamDiamond]

The Weight is Just under 9 grams, I need to take photo,s myself , close ups of the Hallmarks.

[danmc82]

Id say £400 is a perfectly fine price.

I assume its 9ct so you'd get approx £125 scrap value just for the ring.

[Notafront4adragon]

So the gold on the ring weighs no more than 1g as a sovereign is just under 8g.

1 hour ago, danmc82 said:

Id say £400 is a perfectly fine price.

I assume its 9ct so you'd get approx £125 scrap value just for the ring.

I think the ring total is 9g not 9g of gold plus sovereign. 1g of 9kt gold is about £13 and even if 18kt it would add on maybe £26. A jewellery sovereign is normally less valuable than a regular one. Unless it has a Canada mintmark it won't be a particularly rare one. 

Someone may like it for historical/aesthetic reasons but as scrap it's less than £300 if 9kt perhaps £310 if 18kt. 

Having said that £400 isn't a bad price for it but a dealer certainly won't give you that.

 

[danmc82]

Theres no way that ring only weighs 1g. I have a plain gold wedding band ring and thats 6.6g.

I'd probably say that if its a total weight of 9g, than its a half Sovereign. 4g Sov + 5g Ring.

[GrahamDiamond]

The Owner is wishing to sell this item if any one is interested Please PM me and make a offer Coinsters!!!!!!

[danmc82]

2 minutes ago, GrahamDiamond said:

The Owner is wishing to sell this item if any one is interested Please PM me and make a offer Coinsters!!!!!!

Ebay may be the best place for something like this. More interest I'd suspect 🙂

[GrahamDiamond]

Need to get this checked out by a Jeweller I think ??

[danmc82]

8 minutes ago, GrahamDiamond said:

Need to get this checked out by a Jeweller I think ??

Could do. If the ring is Hallmarked I'd personally sell it as is.

[Midasfrog]

Is it a full Sovereign ? or a half sovereign 

[GrahamDiamond]

8 minutes ago, Midasfrog said:

Is it a full Sovereign ? or a half sovereign 

I will ask the seller to weigh the item and get back to this on Saturday. I have seen the item in the flesh and I thought it was a Full Sovereign.

[DarkChameleon]

It looks like a half to me....unless they have giant fingers and mine are like sausages but my half sov is the thickness of my little finger and the setting.

[Murph]

I'd lean towards it being a half as well.  I used to have a half ring as a pinky ring and unless this woman has large fingers it looks more like it will be a half.

A shop will probably only give you just under bullion value for it and sovereign rings aren't exactly popular now.

This makes the £400 more like double the price you'd get from a dealer.

[StackemHigh]

Likely to be spot weight only. The mount will have damaged the sovereign whichever one it is. 

[DarkChameleon]

6 hours ago, StackemHigh said:

Likely to be spot weight only. The mount will have damaged the sovereign whichever one it is. 

It gets uneven wear, the showing face gets worn even if you don't think so, the underside hardly any.