1907 HALF SOVEREIGN IN MINT CONDITION lot 513

 You are bidding on:  A 1907 & GEORGE REVERSE GOLD HALF SOVEREIGN  with gold at 580 an oz just the melt value for this coin is 82 and the spink shows this coin at 110 but i will let u judge for yourself

i have the full date run from 1851 till 1932 and every date in shields  and 1958 till 2009  should you want any of these dates please ask

SPINK CATALOGUE # 3972 Fineness .917 (22 Carat)   WEIGHT: 7.98 g Collect your gold bullion in style with these easy-to-store AUSTRALIAN FULL SOVEREIGNS. In this way your investment does not depend only on the gold spot price as it already commands a premium derived from the grade, year and low mintage.

EF ABOUT EXTREMELY FINE  (BRITISH GRADING)

MARKET ANALYSIS

To avoid confusion with grading terms, in the analysis that follows the British grading system and adjectives are used.

Check the "Gold Sovereigns" site for current selling prices of 1904M PERTH MINT full Sovereigns at :http://www.goldsovereigns.co.uk/1905sovereign.html

ON feb 29 an almost EF sells for £165. For comparison a VF sells for £140

 you can check the recent 2008 Spink Catalogue of British Coins for market trends. Below are the price quotes:

UNC: £130  Keep in mind that in the book the BV (Bullion Value) of a gold sovereign is £75 so if today's price is £100 all the prices in the book are deflated by 33%. Therefore, if premiums remain the same, an UNC 1905S should had a catalogue price of £160. Also consider this:

According to the 2005 "Coin Yearbook", an EF  commands a premium of 36.3% over a bullion sovereign (£75 versus £55 at that time). Verify it at: http://www.tclayton.demon.co.uk/values/sov.html.

Therefore as a bullion sovereign sells close to £110 today, the price for the extremely fine variety of 1905P is around £136.6. This price is still below current selling prices in the UK (e.g. Chards)

AS U CAN SEE THE SCAN THIS IS A NICE CLEAN COIN

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