Raphael Maklouf Sovereigns

[8ace]

I've been looking for a Maklouf Sovereign for my collection. 

The price for 85-97 sovereigns have a large premium attached to them, which I assume is due to rarity and only in proof release. Are buyers paying the premium or or is it just inflated seller prices. 

TIA

8ace

 

[Arganto]

Not sure about market value of these in original proof condition, but if you're not bothered about immaculate condition it's worth sticking up a wanted ad for a handled/impaired proof that will likely trade for bullion value or close to it.

🌞

[Spyder]

The Maklouf sovereign not only were they only available in proof, the mintage are quite low often under 10000, so will always hold a premium regardless of handled or not. 

Like been said, put a wanted ad and see what happens. You have nothing to lose

[8ace]

Cheers for the advice, I think I've found a loose proof one for a reasonable price.

 

  

[Britannia47]

I have just the one 1997 Maklouf, bought directly from the RM for £149, and it had been at that price since 1983. This was a period of gold stability with gold at about $325 oz. Bullion Sovereigns were £45/£50. 
Yes, for some reason the Maklouf, only in proof gold attracts a high premium. BBP have the 1997 priced at over £800! It was his last Sovereign before Rank-Broadley took over. Likewise 1997 was Makloufs first and last appearance on the new circulating £2 coin. 

Anyway, Good-luck in finding one….. @8ace

Edited November 4, 2023 by Britannia47

[trozau]

Bought in late 2000 and early 2001, I have 2 Maklouf effigy 5 Sovereign ‘U’ marked from the secondary market. Regular (1985) and Couped (1987) Maklouf effigies. Might be worth looking into.

Pics from World Wide Web:

Edited November 4, 2023 by trozau

[8ace]

Lovely looking coins.

Here is the one I've just picked up.