Australian-Coins Forum

Australian Coins, Banknotes and Exonumia => Australian Pre-Decimal Coins => Topic started by: trout on July 15, 2013, 08:43:36 AM

Title: Gold sovereigns
Post by: trout on July 15, 2013, 08:43:36 AM
Ok I want to buy the three different Victoria gold sovereigns , St George,Sheild and the Sydney mint wreath coin.

the spot price for gold  is way down at the moment and I am thinking of taking advantage of this to finally add these coins to my collection :ok:

I have NEVER bought gold coins before so what are the things I should look out for when buying these?
Title: RE: Gold sovereigns
Post by: acrellin on July 15, 2013, 11:41:37 AM
You probably want to focus on getting the best quality coins for your money, and forgetting the rarity of the date.

Eye appeal is probably the best way of selecting from within a range of cheaper coins.

The early Sydney Mint sovereigns can have surface damage to them when they're cheaper, so if you can get one that's evenly worn and without a rim nick / scratch, that'd be the best way to go. Ditto with the Young Head St George coins.

Keep in mind the Shield reverse sovereign is concave on the reverse, so that side will always be better than the obverse - pay more attention to the amount of wear on the obverse for them.
Title: RE: Gold sovereigns
Post by: trout on July 15, 2013, 12:42:13 PM
Quote from: 'acrellin' pid='21541' dateline='1373854297'You probably want to focus on getting the best quality coins for your money, and forgetting the rarity of the date.

Eye appeal is probably the best way of selecting from within a range of cheaper coins.

The early Sydney Mint sovereigns can have surface damage to them when they're cheaper, so if you can get one that's evenly worn and without a rim nick / scratch, that'd be the best way to go. Ditto with the Young Head St George coins.

Keep in mind the Shield reverse sovereign is concave on the reverse, so that side will always be better than the obverse - pay more attention to the amount of wear on the obverse for them.

Thanks for that I will take all that into account :good:
Title: RE: Gold sovereigns
Post by: Basil on July 15, 2013, 01:16:57 PM
The price hasn't moved much despite the Gold crash,i thought dealers may have done something,best part of $200 for a reasonable Half-Sov. and $400 for Sov.. As usual be wary on Ebay,there are fakes out there.
Title: RE: Gold sovereigns
Post by: trout on July 15, 2013, 01:26:16 PM
What is your opinion of this one ?
http://www.ebay.com.au/itm/161065563987?ssPageName=STRK:MEWAX:IT&_trksid=p3984.m1438.l2649
Title: RE: Gold sovereigns
Post by: wwwww on July 15, 2013, 02:00:44 PM
You can get them cheaper if you look around. The 1870 is generally easier (and more affordable) in top grades. You should be able to get an AU55 for that price.
Title: RE: Gold sovereigns
Post by: robbiegal on July 15, 2013, 03:58:54 PM
tax cheque in the mail is it?
Title: RE: Gold sovereigns
Post by: trout on July 15, 2013, 04:12:48 PM
Quote from: 'robbiegal' pid='21558' dateline='1373869734'tax cheque in the mail is it?

2-3 days :wavemulticolor::yahoo::angel:

I have been spending between $1500-$2000 per month on my decimals and the odd flutter on predecimals and a couple of proclamation/colonial coins.
Now that I have just about got my decimals under control and the tax return to me is simply a welcome gift from them sods in Canberra so why not splurge it on some coins I have coveted for ages.
I want to get a type set of sovs then I'll attack the gold proclamation beauties :diablo: :dance2:
Title: RE: Gold sovereigns
Post by: robbiegal on July 15, 2013, 04:26:09 PM
coolie doolie

I started mine last night
first it said I owed $120
then I did the medi-care offset
that turned into a return with some much nicer numbers !
Title: RE: Gold sovereigns
Post by: trout on July 15, 2013, 04:29:44 PM
Quote from: 'robbiegal' pid='21560' dateline='1373871369'coolie doolie

I started mine last night
first it said I owed $120
then I did the medi-care offset
that turned into a return with some much nicer numbers !

Isn't it nice when you do that little "You Bloody ripper" dance after seeing the bastids owe you a few bob :dance::dance2::dance:
Title: RE: Gold sovereigns
Post by: robbiegal on July 15, 2013, 04:49:20 PM
yeah
true
Title: RE: Gold sovereigns
Post by: Fulvio on July 15, 2013, 05:16:59 PM
Quote from: 'trout' pid='21561' dateline='1373871584'...the bastids owe you a few bob

You mean the bastids stole more from you than they should have in the first place, and now you have a shot at getting some of it back. ;)
Title: RE: Gold sovereigns
Post by: trout on July 15, 2013, 05:24:22 PM
Quote from: 'Fulvio' pid='21571' dateline='1373874419'
Quote from: 'trout' pid='21561' dateline='1373871584'...the bastids owe you a few bob

You mean the bastids stole more from you than they should have in the first place, and now you have a shot at getting some of it back. ;)

:yeah_what_she_said: :good:
Title: RE: Gold sovereigns
Post by: enworb on July 15, 2013, 07:00:36 PM
Without interest
Title: RE: Gold sovereigns
Post by: Fulvio on July 15, 2013, 09:15:05 PM
Quote from: 'enworb' pid='21590' dateline='1373880636'Without interest

Naturally not. Interest is for mere mortals. To Pay. :dodgy:
Title: RE: Gold sovereigns
Post by: trout on July 15, 2013, 09:21:58 PM
Quote from: 'Fulvio' pid='21615' dateline='1373888705'
Quote from: 'enworb' pid='21590' dateline='1373880636'Without interest

Naturally not. Interest is for mere mortals. To Pay. :dodgy:

Ah well most of us have to keep the "fat Cats" living in the custom that they have become used to :dodgy:
Title: RE: Gold sovereigns
Post by: coxspau on July 16, 2013, 08:55:26 AM
I must admit, I do love my gold sovereigns and other fancy pieces of yellow metal that I've collected over the years.

My favourite gold coin is my 1812 Napolean 40 francs. It's not a particularly high grade, but it was my first big spend on a gold coin, so I love it dearly.

I have grown rather fond of half sovereigns of late. Much like those that prize high grade threepences, I think half sovereigns were treated with similar respect. Good quality half sovereigns trump the same quality sovereigns in my view.

While on the topic of gold coins, there are some cracking 19th and 20th century Middle Eastern gold coins. Haven't yet managed to land one of these puppies.
Title: RE: Gold sovereigns
Post by: trout on July 20, 2013, 10:49:07 AM
Here is the ST George coin that I am getting :good:

(http://www.australian-coins.net/gallery/albums/userpics/10019/sov1.jpg)

(http://www.australian-coins.net/gallery/albums/userpics/10019/sov.jpg)
Title: RE: Gold sovereigns
Post by: stevo1962 on July 20, 2013, 11:10:03 AM
That's a lovely looking coin Jim ,I'll bet it looks much better in hand
Title: RE: Gold sovereigns
Post by: wwwww on July 20, 2013, 11:39:10 AM
If you opt for a later date (1885-M or 1886-M are probably ideal) you can get a better quality coin for the same price.
Title: RE: Gold sovereigns
Post by: robbiegal on July 20, 2013, 12:08:57 PM
I am after , but not in a hurry for one of these coins
an early year of course

http://www.ebay.com/itm/1950-SAUDI-ARABIA-GOLD-COIN-1-GUINEA-NGC-CERTIF-MS-66-MAGNIFICENT-LUSH-GEM-/251039202185

this one is a better photo

http://www.ebay.com/itm/AH1370-1950-Saudi-Arabia-1-Guinea-Gold-Coin-NGC-MS67-/171015132860?pt=US_World_Coins&hash=item27d14bd6bc
Title: RE: Gold sovereigns
Post by: Goldseeker on July 20, 2013, 01:06:39 PM
I shall see what I can do when the missus and I are over there next year if you like?
Title: RE: Gold sovereigns
Post by: robbiegal on July 20, 2013, 01:16:58 PM
yes please

they are very small coins but the design with the two swords and the palm trees is stunning
I have a silver one and love it
Title: RE: Gold sovereigns
Post by: trout on July 20, 2013, 04:23:05 PM
I have put an offer in on this one :ok:
http://www.ebay.com.au/itm/380673514651?ssPageName=STRK:MEBOFFX:IT&_trksid=p3984.m1427.l2649
Title: RE: Gold sovereigns
Post by: robbiegal on July 20, 2013, 05:49:06 PM
I found one for you Trout :yahoo:


http://www.coinworks.com.au/1855-Sydney-Mint-Sovereign.html
Title: RE: Gold sovereigns
Post by: trout on July 20, 2013, 05:54:33 PM
Quote from: 'robbiegal' pid='22192' dateline='1374308346'I found one for you Trout :yahoo:


http://www.coinworks.com.au/1855-Sydney-Mint-Sovereign.html

Smart arse , that is just teasing me :drooling::drooling::drooling::biggrin:
If I had that sort of money PP would have to order in a truckload of new coin supplies :yahoo::laugh2:
Title: RE: Gold sovereigns
Post by: robbiegal on July 20, 2013, 06:21:23 PM
:angel:
Title: RE: Gold sovereigns
Post by: trout on July 20, 2013, 06:44:58 PM
Quote from: 'robbiegal' pid='22194' dateline='1374310283':angel:

HeHe
You are a bit of a shit stirrer Mate , Are you absolutely sure we aren't related :laugh2::laugh2::laugh2:
Title: RE: Gold sovereigns
Post by: markn on July 20, 2013, 06:49:39 PM
Quote from: 'robbiegal' pid='22111' dateline='1374287937'I am after , but not in a hurry for one of these coins
an early year of course

http://www.ebay.com/itm/1950-SAUDI-ARABIA-GOLD-COIN-1-GUINEA-NGC-CERTIF-MS-66-MAGNIFICENT-LUSH-GEM-/251039202185

this one is a better photo

http://www.ebay.com/itm/AH1370-1950-Saudi-Arabia-1-Guinea-Gold-Coin-NGC-MS67-/171015132860?pt=US_World_Coins&hash=item27d14bd6bc

They are exactly the same size/fineness as a gold sovereign and were minted for interbank trade.  If you look around you can get raw MS examples for not much more than bullion.  I can't be bothered getting up to look in Krause but I think you are S.O.L. if you want an earlier year because they only minted them for a year or two.
Title: RE: Gold sovereigns
Post by: Fordprefect on July 20, 2013, 07:11:19 PM
Quote from: 'markn' pid='22202' dateline='1374311979'
Quote from: 'robbiegal' pid='22111' dateline='1374287937'I am after , but not in a hurry for one of these coins
an early year of course

http://www.ebay.com/itm/1950-SAUDI-ARABIA-GOLD-COIN-1-GUINEA-NGC-CERTIF-MS-66-MAGNIFICENT-LUSH-GEM-/251039202185

this one is a better photo

http://www.ebay.com/itm/AH1370-1950-Saudi-Arabia-1-Guinea-Gold-Coin-NGC-MS67-/171015132860?pt=US_World_Coins&hash=item27d14bd6bc

They are exactly the same size/fineness as a gold sovereign and were minted for interbank trade.  If you look around you can get raw MS examples for not much more than bullion.  I can't be bothered getting up to look in Krause but I think you are S.O.L. if you want an earlier year because they only minted them for a year or two.

From Krause CD 1950 and 1957 only.:dodgy:

KM# 36 GUINEA
Date___________Mintage F VF XF Unc BU
AH1370 (1950) 2,000,000 — — BV 240 250
7.9881 g., 0.9170 Gold 0.2355 oz. AGW Obv: Inscription within
beaded circle, legend above, crossed swords below within design
flanked by palm trees Rev: Inscription within beaded circle,
legend above, value below within design flanked by palm trees

KM# 43 GUINEA
Date ___________Mintage F VF XF Unc BU
AH1377 (1957) 1,579,000 — — BV 240 265
7.9881 g., 0.9170 Gold 0.2355 oz. AGW
Title: RE: Gold sovereigns
Post by: trout on July 20, 2013, 07:28:48 PM
The Wreath and Shield design coins are distinctly Australian, Where the St George and the Dragon design is defiantly a Brit design .
The Arab coins are actually slightly richer in gold content than the Sov's :ok:
Title: RE: Gold sovereigns
Post by: robbiegal on July 20, 2013, 07:29:14 PM
thanks guys
I thought they were earlier as well
yes, I did understand them to be a trade coin
with many being melted down as well

S.O.L??

I know what S.O.B means
at work in progress notes it's called 'seen out of bed' (or short of breath)
for a long time I used to think, gee a lot of these patients are nasty ones ha ha
Title: RE: Gold sovereigns
Post by: trout on July 20, 2013, 07:35:58 PM
Quote from: 'robbiegal' pid='22206' dateline='1374314354'thanks guys
I thought they were earlier as well
yes, I did understand them to be a trade coin
with many being melted down as well

S.O.L??

I know what S.O.B means
at work in progress notes it's called 'seen out of bed' (or short of breath)
for a long time I used to think, gee a lot of these patients are nasty ones ha ha
S.O.L = So Out of Luck :angel:
Title: RE: Gold sovereigns
Post by: robbiegal on July 20, 2013, 07:40:39 PM
so out of luck

o.k.

new one for me

I used to think that LOL
was 'lot's of love' and that heaps of people loved me
didn't know they were laughing at me ! ha ha
Title: RE: Gold sovereigns
Post by: markn on July 20, 2013, 07:51:26 PM
Quote from: 'trout' pid='22209' dateline='1374314758'
Quote from: 'robbiegal' pid='22206' dateline='1374314354'thanks guys
I thought they were earlier as well
yes, I did understand them to be a trade coin
with many being melted down as well

S.O.L??

I know what S.O.B means
at work in progress notes it's called 'seen out of bed' (or short of breath)
for a long time I used to think, gee a lot of these patients are nasty ones ha ha
S.O.L = So Out of Luck :angel:

Uh s**t out of luck.  Sorry.
Title: RE: Gold sovereigns
Post by: trout on July 20, 2013, 07:54:11 PM
I ended up buying this for $793 including postage, How did I do?

(http://www.australian-coins.net/gallery/albums/userpics/10019/wreath.jpg)

QuoteUh s**t out of luck. Sorry.
I know what you meant mark, I was just being "Nice" :angel:
Title: RE: Gold sovereigns
Post by: Fulvio on July 20, 2013, 08:29:29 PM
Quote from: 'trout' pid='22215' dateline='1374315851'I ended up buying this for $793 including postage, How did I do?

EF? Not a bad price if it is. But hey, don't ask me to grade anything, or you'll be SOL! :angel:
Title: RE: Gold sovereigns
Post by: trout on July 20, 2013, 08:43:47 PM
Quote from: 'Fulvio' pid='22225' dateline='1374317969'
Quote from: 'trout' pid='22215' dateline='1374315851'I ended up buying this for $793 including postage, How did I do?

EF? Not a bad price if it is. But hey, don't ask me to grade anything, or you'll be SOL! :angel:

:diablo: HeHe
Title: RE: Gold sovereigns
Post by: drakesterling on July 20, 2013, 10:05:56 PM
Hey trout, if you haven't got your Young Head yet, I have them available for 15% over spot. Let me know if keen.
Title: RE: Gold sovereigns
Post by: trout on July 20, 2013, 10:10:29 PM
Quote from: 'drakesterling' pid='22234' dateline='1374323756'Hey trout, if you haven't got your Young Head yet, I have them available for 15% over spot. Let me know if keen.

I have spent over 4K in the last 2 days and I am now skint :blush:
But if the offer is still open next month, I do need a shield design coin :good:
Title: RE: Gold sovereigns
Post by: robbiegal on July 20, 2013, 10:13:47 PM
:swoon:


Quote from: 'trout' pid='22237' dateline='1374324029'I have spent over 4K in the last 2 days and I am now skint :blush:
But if the offer is still open next month, I do need a shield design coin :good:
:swoon:
Title: RE: Gold sovereigns
Post by: Fulvio on July 21, 2013, 12:05:11 AM
Quote from: 'drakesterling' pid='22234' dateline='1374323756'Hey trout, if you haven't got your Young Head yet, I have them available for 15% over spot. Let me know if keen.

That puts them somewhere around $350? Hmmm....
Title: RE: Gold sovereigns
Post by: stevo1962 on July 21, 2013, 08:12:01 AM
Quote from: 'Fulvio' pid='22251' dateline='1374330911'
Quote from: 'drakesterling' pid='22234' dateline='1374323756'Hey trout, if you haven't got your Young Head yet, I have them available for 15% over spot. Let me know if keen.

That puts them somewhere around $350? Hmmm....

It puts them at $383 with the 15% added on
Title: RE: Gold sovereigns
Post by: trout on July 21, 2013, 09:43:49 PM
Quote from: 'stevo1962' pid='22261' dateline='1374360121'
Quote from: 'Fulvio' pid='22251' dateline='1374330911'
Quote from: 'drakesterling' pid='22234' dateline='1374323756'Hey trout, if you haven't got your Young Head yet, I have them available for 15% over spot. Let me know if keen.

That puts them somewhere around $350? Hmmm....

It puts them at $383 with the 15% added on

I have wanted these coins for a long time now but never had the Coconuts to do it before.
So I reckoned if I am going to climb the tree at least get a good coconut :ok:
Title: RE: Gold sovereigns
Post by: trout on July 30, 2013, 03:32:10 PM
I picked up the Sydney mint wreath coin from the post office on my way to this job I am on at the moment.
I should be home Saturday and will post pics then.
It has heaps of lustre and doesn't appear to have much wear on it.
It is a beautiful coin, If I knew how good these actually looked "in hand" I would have bought them ages ago :good:

This is the best I can do with my  iphone :ok:

(http://www.australian-coins.net/gallery/albums/userpics/10019/sov1~0.jpg)

(http://www.australian-coins.net/gallery/albums/userpics/10019/sov~0.jpg)
Title: RE: Gold sovereigns
Post by: black sheep on July 31, 2013, 09:35:09 AM
oohh...excuse the drool
a nice old gold coin trout :good:
Title: RE: Gold sovereigns
Post by: stevo1962 on July 31, 2013, 11:04:07 AM
Hey Jim how much did this one set you back?
Title: RE: Gold sovereigns
Post by: trout on July 31, 2013, 11:08:42 AM
Quote from: 'stevo1962' pid='23442' dateline='1375234447'Hey Jim how much did this one set you back?

$793 With postage and I am more than happy with it :yahoo:
Title: RE: Gold sovereigns
Post by: stevo1962 on July 31, 2013, 11:11:31 AM
Quote from: 'trout' pid='23443' dateline='1375234722'
Quote from: 'stevo1962' pid='23442' dateline='1375234447'Hey Jim how much did this one set you back?

$793 With postage and I am more than happy with it :yahoo:

Wow they don't seem to be getting any cheaper.Sovereigns were the first coins I started
collecting as they were beautiful coins to look at
Title: RE: Gold sovereigns
Post by: trout on August 11, 2013, 06:47:31 AM
Quote from: 'drakesterling' pid='22234' dateline='1374323756'Hey trout, if you haven't got your Young Head yet, I have them available for 15% over spot. Let me know if keen.

PM Sent :good:
Title: RE: Gold sovereigns
Post by: trout on August 11, 2013, 12:00:22 PM
Thanks to drakesterling I will Have a shield sovereign in a week or so :yahoo:

These little buggers are becoming addictive. :dance:
I had better be careful or my Canberra florins may get 'Sooky" :laugh2:
Title: RE: Gold sovereigns
Post by: ausjack on August 11, 2013, 10:14:09 PM
stuff the silver now ya into the gold baby :winkextra: just wish I could join you :(

Oh and thanks for lookin after me mate drake :good:
Title: RE: Gold sovereigns
Post by: trout on August 11, 2013, 10:18:34 PM
Quote from: 'ausjack' pid='24559' dateline='1376225049'stuff the silver now ya into the gold baby :winkextra: just wish I could join you :(


Oh and thanks for lookin after me mate drake :good:

It's all your fault anyway Mate, You gave me my first Gold coin :yahoo:
Title: RE: Gold sovereigns
Post by: ausjack on August 11, 2013, 10:52:14 PM
don't blame me I was just returning a favour and it was the only way I could..anyway blame PP she sent it :laugh2:
Title: RE: Gold sovereigns
Post by: trout on August 12, 2013, 03:12:15 PM
I bought this last week , It arrived Today :yahoo:

1900P sov

(http://www.australian-coins.net/gallery/albums/userpics/10019/1900sov.jpg)

(http://www.australian-coins.net/gallery/albums/userpics/10019/1900sov1~0.jpg)
Title: RE: Gold sovereigns
Post by: ausjack on August 12, 2013, 03:19:58 PM
Oooo very nice mate :)
Title: RE: Gold sovereigns
Post by: trout on August 12, 2013, 03:23:45 PM
Quote from: 'ausjack' pid='24670' dateline='1376286598'Oooo very nice mate :)

This one looks like it has been actually spent a few times, still not too bad for a 113 year old coin :good:
Title: RE: Gold sovereigns
Post by: ausjack on August 12, 2013, 04:12:31 PM
mum said they never seen anything bigger than a florin so it must have been a rich bastard that owned that..but weren't they more for business?? I'll have to suss them out more now..I'm gettin the bug 'cause of you :laugh2:
Title: RE: Gold sovereigns
Post by: trout on August 12, 2013, 06:54:44 PM
OK you Sovereign Squirrelers , I want to complete a "Type Set" of Sovs .
Which coins do I need to do that?
The idea is start with a type set and fill in the gaps after I have done the type set :ok:
Title: RE: Gold sovereigns
Post by: Fordprefect on August 12, 2013, 07:16:58 PM
Quote from: 'trout' pid='24687' dateline='1376299484'OK you Sovereign Squirrelers , I want to complete a "Type Set" of Sovs .
Which coins do I need to do that?
The idea is start with a type set and fill in the gaps after I have done the type set :ok:

According to ANDa :-
http://www.anda.com.au/documents/resource/Sovereign%20Brochure.pdf
Title: RE: Gold sovereigns
Post by: trout on August 12, 2013, 07:21:12 PM
Quote from: 'Fordprefect' pid='24688' dateline='1376300818'
Quote from: 'trout' pid='24687' dateline='1376299484'OK you Sovereign Squirrelers , I want to complete a "Type Set" of Sovs .
Which coins do I need to do that?
The idea is start with a type set and fill in the gaps after I have done the type set :ok:

According to ANDa :-
http://www.anda.com.au/documents/resource/Sovereign%20Brochure.pdf

Cheers Mate that is exactly what I wanted :good: