1899 Perth Sovereign

[pricha]

How scarce is this coin ? I see massive price differences for this one. Of course condition will play a factor. I have seen a MS62 sell for almost a grand higher than a MS61 ? Raw coins £350 to £500 ? 

Edited September 3, 2021 by pricha

[Britannia47]

Very scarce since the first sovereigns were not minted until 1899! Check the date again.

[Britannia47]

Seriously though, the 1899 was shown as S in my earlier Marsh and now upgraded to R in Steve Hills book. Obviously you know the other 2 years are N. so well done if you manage to get one. No idea about price range and damn it don't have one in my collection! 

[Zhorro]

27 minutes ago, Britannia47 said:

Seriously though, the 1899 was shown as S in my earlier Marsh and now upgraded to R in Steve Hills book. Obviously you know the other 2 years are N. so well done if you manage to get one. No idea about price range and damn it don't have one in my collection! 

There are six of the 1899(P) on eBay at the moment, so I think it is difficult to claim that it is a rare coin.

Edited September 3, 2021 by Zhorro
typo

[pricha]

dyslexia moment 😅 of course 1899

[pricha]

2 hours ago, Zhorro said:

There are six of the 1899(P) on eBay at the moment, so I think it is difficult to claim that it is a rare coin.

5 from Australia and most £1000 or over .  

[CollectorNo1]

690,500 gold sovreigns from the Perth mint in 1899.....continuing to mint until 1931...with the 1899 being the lowest mintage to my knowledge. As for ebay I wouldn't give that site any credence regarding them all being genuine..but could be wrong..🤔

[Allgoldcoins]

The 1899P is classified as rare, but as noted above there is normally a few around if you want one. The price range is from £500-£1000 and has not really moved too much compared to other sovereigns from the Aussie mints in recent years,. Yes only 690,500 struck but its about how many are left today, and in truth there are quite a few if not excessive amounts. 

[pricha]

Yes ONLY 690,500 minted .  But looks like plenty survived . As said many times, condition seems everything on rare coins. 

[CollectorNo1]

22 minutes ago, Allgoldcoins said:

The 1899P is classified as rare, but as noted above there is normally a few around if you want one. The price range is from £500-£1000 and has not really moved too much compared to other sovereigns from the Aussie mints in recent years,. Yes only 690,500 struck but its about how many are left today, and in truth there are quite a few if not excessive amounts. 

I always go by this percentage..whatever is stated as the original mintage..take 50% off that total...and you will have a correct and more realistic  figure of sovreigns in circulation, or should I say in collectors hands..

lost coins,damaged,melted down,forgotten in grannies memory box etc,stolen never to see the light of day again...or in ring or neckless being worn by great aunties,mothers,grandmother's who don't realise or care what that specific gold sovereign is worth as it's a  sentimental piece and not a valuable piece in their eyes.... And that is more important than intrinsic value..or spot...🙂

[CallumHSLimited]

7 hours ago, pricha said:

How scarce is this coin ? I see massive price differences for this one. Of course condition will play a factor. I have seen a MS62 sell for almost a grand higher than a MS61 ? Raw coins £350 to £500 ? 

I have a raw one going at £355, let me know if you'd like some photos.

[Zhorro]

9 hours ago, CollectorNo1 said:

I always go by this percentage..whatever is stated as the original mintage..take 50% off that total...and you will have a correct and more realistic  figure of sovreigns in circulation, or should I say in collectors hands..

lost coins,damaged,melted down,forgotten in grannies memory box etc,stolen never to see the light of day again...or in ring or neckless being worn by great aunties,mothers,grandmother's who don't realise or care what that specific gold sovereign is worth as it's a  sentimental piece and not a valuable piece in their eyes.... And that is more important than intrinsic value..or spot...🙂

I would suggest that a 50% survival rate for older sovereigns is far too high.  When you think about these coins being taken out of every day circulation, melted down by the mint, or lost, I would suggest the current survival rate is more likely to be 5% or less.

[Zhorro]

8 hours ago, Sh97if said:

I have a raw one going at £355, let me know if you'd like some photos.

This is a good price.  I bought my AU55 in December 2018 for £362 (off eBay!) - it is not for sale.

[CollectorNo1]

1 hour ago, Zhorro said:

This is a good price.  I bought my AU55 in December 2018 for £362 (off eBay!) - it is not for sale.

Great offer....I would have been interested if my car hadn't taken a big lump of my money this week...😔

[CallumHSLimited]

4 hours ago, Zhorro said:

This is a good price.  I bought my AU55 in December 2018 for £362 (off eBay!) - it is not for sale.

Very nice example, better than mine for sure. Graded prices have gone crazy in the last few years, good buy!

[Foster88]

There were a few 1899 Perth mint sovereigns that were sold in The Coin Cabinet auction last weekend.

Seen less often than the 1899 P is the 1924 P and the 1926 P sovereign. 

Edited September 4, 2021 by Foster88

[pricha]

18 hours ago, Sh97if said:

I have a raw one going at £355, let me know if you'd like some photos.

I just purchased one hence the interest. That's a very good price .