2016 low mint half sov?

[Stackem]

Hi guys I received this recently from a mixed choice purchase (where you get a coin of the dealers choice) 

 

After some research and asking a friend it seems that this year and being non proof version has a low mint of around only 497 half's minted that year. 

 

Can anyone confirm and clarify? 

Also interested to see if this affects valuation? 

 

 

Edited September 23, 2022 by Stackem
Update text

[LawrenceChard]

1 hour ago, Stackem said:

Hi guys I received this recently from a mixed choice purchase (where you get a coin of the dealers choice) 

 

After some research and asking a friend it seems that this year and being non proof version has a low mint of around only 497 half's minted that year. 

 

Can anyone confirm and clarify? 

Also interested to see if this affects valuation? 

 

 

If you want good information, you need to ask the right person, not just "a friend".

I don't know where he got his "information" of "about 497" from, but the proof version had close to 10x that mintage, and the non-proof bullion version will have been closer to 100x that number.

😎

[Stackem]

22 minutes ago, LawrenceChard said:

If you want good information, you need to ask the right person, not just "a friend".

I don't know where he got his "information" of "about 497" from, but the proof version had close to 10x that mintage, and the non-proof bullion version will have been closer to 100x that number.

😎

Great speaking with you I'm a big fan of what you do he referenced this..? 

"the gold sovereign Steve Hill revision" 

Edited September 23, 2022 by Stackem
Update text

[shawy2510]

Yes the 2016 bullion is 472 so less than  the proofs

Here is mine

Its BU so very well struck

 

Edited September 23, 2022 by shawy2510

[Stackem]

4 minutes ago, shawy2510 said:

Yes the 2016 bullion is 472 so less than  the proofs

Here is mine

Its BU so very well struck

 

Wow that's awesome how much did it cost for you to grade it? I'm thinking about having it graded, is there currently a premium with it being such low mint

 

Also what's BU? Pardon my ignorence 

Edited September 23, 2022 by Stackem
Update text

[LawrenceChard]

25 minutes ago, Stackem said:

Great speaking with you I'm a big fan of what you do he referenced this..? 

"the gold sovereign Steve Hill revision" 

Whoops! 

I was looking for 2006, for which my info is correct.

It would help if you rotated the image to make it readable more easily for me and others.

I don't believe the figure of 472 shown above. While it may be correct, a number of TSF members have noticed errors in various editions of The Gold Sovereign.

I suspect there are more than 472 currently being offered for sale.

The RM ceased to publish regular annual mintage figures some years ago. I don't know the exact date they started this.

😎

[Stackem]

2 minutes ago, LawrenceChard said:

Whoops! 

I was looking for 2006, for which my info is correct.

It would help if you rotated the image to make it readable more easily for me and others.

I don't believe the figure of 472 shown above. While it may be correct, a number of TSF members have noticed errors in various editions of The Gold Sovereign.

I suspect there are more than 472 currently being offered for sale.

The RM ceased to publish regular annual mintage figures some years ago. I don't know the exact date they started this.

😎

My apologies I did try to rotate but couldn't find an option to do so 😅, would it be worth grading and would you say the value is increased with this piece? Isit a year you have come across less frequently? 

[Darr3nG]

4 minutes ago, LawrenceChard said:

Whoops! 

I was looking for 2006, for which my info is correct.

It would help if you rotated the image to make it readable more easily for me and others.

[lxy70713]

22 minutes ago, shawy2510 said:

Yes the 2016 bullion is 472 so less than  the proofs

Here is mine

Its BU so very well struck

 

I wonder how NGC will define 2016 half bullion sovereign

[James32]

14 minutes ago, LawrenceChard said:

Whoops! 

I was looking for 2006, im old okay, for which my info is correct.

It would help if you rotated the image to make it readable more easily for me! My neck isn't as bendy as it used to be.

I don't believe the figure of 472 shown above. While it may be correct, I'm never wrong! So either I'm right or the books wrong!

I suspect there are more than 472 currently being offered for sale. I know I sold 500 last week alone!

The RM ceased to release accurate info some time after America pretended to land on the moon. Talking of moon's, did you see the gold price recently? Sheesh!

😎

Lawrence has been hacked again.

[LawrenceChard]

24 minutes ago, Stackem said:

My apologies I did try to rotate but couldn't find an option to do so 😅, would it be worth grading and would you say the value is increased with this piece? Isit a year you have come across less frequently? 

I have never considered it to be a rare date, and as I say, I still doubt the accuracy of TGS book. It would be good to know where Steve Hill got his mintage figure from.

Time will (may) tell.

😎

[LawrenceChard]

12 minutes ago, James32 said:

Lawrence has been hacked again.

Hacked off for giving the wrong answer, but at least I find out quickly, and correct myself, often before anybody else notices and does it for me!

😎

[LawrenceChard]

14 minutes ago, lxy70713 said:

I wonder how NGC will define 2016 half bullion sovereign

I hope not as a "2016 half bullion sovereign", but possibly as a "2016 bullion half sovereign"!

Correct syntax can be a matter of life or death.

😎

[Stackem]

8 minutes ago, LawrenceChard said:

I have never considered it to be a rare date, and as I say, I still doubt the accuracy of TGS book. It would be good to know where Steve Hill got his mintage figure from.

Time will (may) tell.

😎

Wish I could ask him haha, though it is somewhat promising as there must be a reason he put that, like you say it will become more apparent over the coming years. Do you offer a grading submit service from your store given I am not a member of ngc I'd love to have it sent off? 

[James32]

Just now, Stackem said:

Wish I could ask him haha, though it is somewhat promising as there must be a reason he put that, like you say it will become more apparent over the coming years. Do you offer a grading submit service from your store given I am not a member of ngc I'd love to have it sent off? 

@GoldDiggerDave offers a grading service on here ( takes all the guesswork and stress out of it)

[Stackem]

Just now, James32 said:

@GoldDiggerDave offers a grading service on here ( takes all the guesswork and stress out of it)

Why thankyou I shall message him

[LawrenceChard]

Just now, Stackem said:

Wish I could ask him haha, though it is somewhat promising as there must be a reason he put that, like you say it will become more apparent over the coming years. Do you offer a grading submit service from your store given I am not a member of ngc I'd love to have it sent off? 

I think TSF offers a slabbing service.

It is not something we could efficiently handle at present, although I think we have submitted a few special coins for customers.

I'm still a slabbing cynic, although I have softened my stance slightly in the last few years.

😎

[Stackem]

1 minute ago, LawrenceChard said:

I think TSF offers a slabbing service.

It is not something we could efficiently handle at present, although I think we have submitted a few special coins for customers.

I'm still a slabbing cynic, although I have softened my stance slightly in the last few years.

😎

Fair enough, the slab and holograph add to the collectable aura of the coin, at least in my eyes 🤣

[LawrenceChard]

8 minutes ago, James32 said:

@GoldDiggerDave offers a grading service on here ( takes all the guesswork and stress out of it)

 

7 minutes ago, Stackem said:

Why thankyou I shall message him

Yes, he's a very helpful guy, but it might cost you a few beers!

😎

[GoldDiggerDave]

It's a little gem of a coin, 

26 minutes ago, LawrenceChard said:

I have never considered it to be a rare date, and as I say, I still doubt the accuracy of TGS book. It would be good to know where Steve Hill got his mintage figure from.

Time will (may) tell.

😎

https://www.royalmint.com/discover/uk-coins/mintage-figures/2016-dated-uk-commemorative-coin-sales/

The Royal Mint website. 

 

[Stackem]

1 minute ago, GoldDiggerDave said:

It's a little gem of a coin, 

https://www.royalmint.com/discover/uk-coins/mintage-figures/2016-dated-uk-commemorative-coin-sales/

The Royal Mint website. 

 

Oh Dave you just made my evening, what a great coin to have been sent in a dealers choice purchase 😄🙏

[GoldDiggerDave]

19 minutes ago, James32 said:

@GoldDiggerDave offers a grading service on here ( takes all the guesswork and stress out of it)

Guess work and stress are my best two qualities!! Thanks for the recommend... @James32. @Stackem  you need to see my next NGC unboxing video, I did start to filming  it tonight but there was so many coins my phone ran out of battery 🤣🤣

[LawrenceChard]

10 minutes ago, GoldDiggerDave said:

It's a little gem of a coin, 

https://www.royalmint.com/discover/uk-coins/mintage-figures/2016-dated-uk-commemorative-coin-sales/

The Royal Mint website. 

 

Well done!

But isn't it dumb that the RM call the proof halves "The Half Sovereign 2016"*, as though it was written by someone with no understanding of what they were writing. 

* and similar for all the other proofs!

Also, there is no mention of bullion versions of any of the 5 sizes.

😎

8 minutes ago, Stackem said:

Oh Dave you just made my evening, what a great coin to have been sent in a dealers choice purchase 😄🙏

But see above!

😎

Edited September 23, 2022 by LawrenceChard

[Stackem]

1 minute ago, GoldDiggerDave said:

Guess work and stress are my best two qualities!! Thanks for the recommend... @James32. @Stackem  you need to see my next NGC unboxing video, I did start to filming  it tonight but there was so many coins my phone ran out of battery 🤣🤣

Send me links!! 

[Stackem]

3 minutes ago, LawrenceChard said:

Well done!

But isn't it dumb that the RM call the proof halves "The Half Sovereign 2016"*, as though it was written by someone with no understanding of what they were writing. 

* and similar for all the other proofs!

Also, there is no mention of bullion versions of any of the 5 sizes.

😎

But see above!

😎

Are these not the bullion figures?