The collector’s value of a gold sovereign varies depending on the year and condition of the coin and on the grams of gold it contains. At the very least, a sovereign is worth whatever the current price of gold is. A mint-condition gold sovereign contains a gold content of 0.2354 ounces or 7.322 grams, but calculating the gold price does not take into account the historic value.Continue Reading
The British sovereign gold coin is a 22-karat gold bullion coin; therefore a sovereign is approximately 1/4 ounce of pure gold. The British sovereign coin bears no value as official currency. Since its inception, a half sovereign has also been issued, and this coin contains one-half the gold content of the full gold sovereign.
The British sovereign was first produced in 1489 England, as ordered by King Henry the VII. Gold sovereigns were produced in Great Britain until 1914 but were discontinued when they abandoned the gold standard. The production of gold sovereign coins continued for a while longer in Australia, India and a few other countries closely associated with England, finally stopping in 1932, when the last coin was minted in Pretoria, South Africa. Production resumed again in 1957, continuing still to this date. More than 1 billion gold sovereign coins have been minted.Learn more about Coins & Currency
The value of a pence coin stamped with the phrase "new pence" is typically worth between 10 pence and 2 pounds, if in mint or proof condition. The 1983 new pence error coin is worth approximately 400 pounds or more in perfect condition with full luster.Full Answer >
As of 2014, the value of a Lincoln wheat penny ranges from 42 cents to $1,398, depending on the condition of the coin and its mint mark, according to CoinStudy.com. Many coin collectors grade coin conditions on a scale of good, fine, extremely fine and uncirculated.Full Answer >
The value of a Silver Jubilee commemorative coin depends on a variety of factors including the condition of the coin, when the coin was issued and the issue of the coin. An uncirculated commemorative Silver Jubilee coin issued during the Jubilee year is potentially more valuable than a commemorative proof issued by the Mint at a later date. Uncirculated coins are never used as currency and are in perfect condition.Full Answer >
The value of an Italian coin depends on a number of factors, the most important being the age and condition. Newer coins are generally only worth their face value, while older coins could be worth more to collectors.Full Answer >