Any idea how much this Sovereign is worth?

[Razman]

Hi guys, 

i have an old sovereign passed down to me along with some other coins. Just wondering roughly what this thing is worth? 
 

Thanks

[ChrisSilver]

I've moved your post to a new topic.

If you do decided to sell on the forum please list in the trade section only.

Please also make sure you have read the applicable QuickStart guide to trading as it contains useful and important information before trading on the forum. 

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[ZRPMs]

Hi @Razman Welcome to the forum. The old girl's a bit worn there. You have a TYPE IIIA JUBILEE SOVEREIGN OF QUEEN VICTORIA Date 1892 (DISH L.16), Mintage of 7,104,720, Rarity Common. Due to the wear most would only pick it up for the gold value. So to move it on, spot price IMO. Intrinsic gold 7.315 X spot price per gram = price. Baring in mind that she's quite worn.

[Mysstree]

Spot price of gold constantly changes, around £480 appears to be the current buyback by most dealers. Being well worn and high mintage is not in its favour.

decent sovereigns on here (TSF) have recently been selling at just over £500 inc delivery.

If you were to sell here then most likely buyers would expect the coin delivered first then payed for as you are new and no trading feedback.

[Joshua723]

If the wear brings it below 7.93 grams then you might find it difficult to sell for the spot price.

[LawrenceChard]

17 hours ago, Razman said:

Hi guys, 

i have an old sovereign passed down to me along with some other coins. Just wondering roughly what this thing is worth? 
 

Thanks

 

7 hours ago, ZRPMs said:

Hi @Razman Welcome to the forum. The old girl's a bit worn there. You have a TYPE IIIA JUBILEE SOVEREIGN OF QUEEN VICTORIA Date 1892 (DISH L.16), Mintage of 7,104,720, Rarity Common. Due to the wear most would only pick it up for the gold value. So to move it on, spot price IMO. Intrinsic gold 7.315 X spot price per gram = price. Baring in mind that she's quite worn.

 

7 hours ago, Mysstree said:

Spot price of gold constantly changes, around £480 appears to be the current buyback by most dealers. Being well worn and high mintage is not in its favour.

decent sovereigns on here (TSF) have recently been selling at just over £500 inc delivery.

If you were to sell here then most likely buyers would expect the coin delivered first then payed for as you are new and no trading feedback.

You can find the spot gold intrinsic value of a sovereign here:

https://www.chards.co.uk/gold-price/gold-spot-price

Our sovereign and other gold coin buying prices are here:

https://www.chards.co.uk/guides/selling-gold-coins/268

But note, these vary constantly with spot gold, and your coin may be slightly underweight, as @Joshua723 mentioned.