Jump to content
  • The above Banner is a Sponsored Banner.

    Upgrade to Premium Membership to remove this Banner & All Google Ads. For full list of Premium Member benefits Click HERE.

  • Join The Silver Forum

    The Silver Forum is one of the largest and best loved silver and gold precious metals forums in the world, established since 2014. Join today for FREE! Browse the sponsor's topics (hidden to guests) for special deals and offers, check out the bargains in the members trade section and join in with our community reacting and commenting on topic posts. If you have any questions whatsoever about precious metals collecting and investing please join and start a topic and we will be here to help with our knowledge :) happy stacking/collecting. 21,000+ forum members and 1 million+ forum posts. For the latest up to date stats please see the stats in the right sidebar when browsing from desktop. Sign up for FREE to view the forum with reduced ads. 

1959 sovereign MS66


refero

Recommended Posts

The below is a guide. The example below is, I guess ok for an MS66 but not quite good enough for me to buy.m, and I certainly wouldn’t buy at that price point.

Equally, it is possible to buy very nice grade Gillicks including 1959’s for not that far from spot. 

It might just be my biased opinion but I don’t really think that grading adds that much to Gillicks - even at the higher grades, especially when they are relatively easily sourced in good condition    

Best

Dicker

 

 

https://auctions.thecoincabinet.com/lots/view/4-BOFU9/great-britain-elizabeth-ii-1959-gold-sovereign-pcgs-ms66-38045906

Not my circus, not my monkeys

Link to comment
Share on other sites

The 1959 at MS66 is a very attractive price. It won’t be that long before the price of a standard bullion coin will be within this price range.  
 

Suppose it’s a case of how early you get in, imo and I be been saying for a while Gillick sovereigns are under valued.

It’s good to have different options, ultimately you vote with your cash. 
 

In terms of grading the primary goal is always to add value, but there are other reason way someone would  grade a coin, they present nice , easy to get out and handle without the fear of damaging a coin,  it makes secondary market sale easier as the buyer has more confidence in what grade they are buying and potential quicker sales for the owner. 
 

Also they serve as a good benchmark in your own collection and help you get a better  feel for grading you own coins, it’s helpful to have a spread of grades within a run of coins Victoria young heads for example so when you have a loose sovereign of the same type you have a real point of reference you can see with your own eyes.  


 

 

Link to comment
Share on other sites

thanks for your quick reaction; thing is that i have been "offered" with such a coin (which i already have in my collection) for the equivalent of 510 gbp. I m looking at this potential deal only as an opportunity for a future profit. I had a look at recent Coin Cabinet auctions and i found the very same results... few at 525-550 and a single, most recent, odd result a 950gbp. Hence my hesitation...

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...

Cookies & terms of service

We have placed cookies on your device to help make this website better. By continuing to use this site you consent to the use of cookies and to our Privacy Policy & Terms of Use