Gold sovereign shieldback prices

[NRSovereign]

I've just rang my local dealer and he is selling shieldbacks at 280 each would you say this is about right with the price of gold at the moment any help appreciated!

[PansPurse]

Varies a fair amount depending on quality and year. In general you're looking at significant premium, so less variation with shifting spot prices. The coin yearbook I picked up suggests that's an ok ball park:

 

[NRSovereign]

Thank you for your help I need to get one of those books I think

[sovereignsteve]

It's a bit much to buy random coins I think, especially if they've been cherry-picked, which is likely. Not too far off though.

If the selection is good, then worth a punt imo.

[oliversw5]

22 minutes ago, PansPurse said:

Varies a fair amount depending on quality and year. In general you're looking at significant premium, so less variation with shifting spot prices. The coin yearbook I picked up suggests that's an ok ball park:

 

230 for a shield back... That book is wrong. I have never paid that price. Infact at that price, Id buy 20

[NRSovereign]

Took the plunge just now £280

[NRSovereign]

[BackyardBullion]

£280 seems a great price in my opinion.

The shieldback's I have been selling over the last 4 months for a friend of mine have all been going for £300+ on ebay.

I just had 3 finish last night, £330 for an 1870, £380 for a 1859 and £418 for a 1849.

Previously have had good results for other years as well.

[Sovsaver]

3 hours ago, oliversw5 said:

230 for a shield back... That book is wrong. I have never paid that price. Infact at that price, Id buy 20

Would you want 20 at Fine though?

[oliversw5]

2 minutes ago, Sovsaver said:

Would you want 20 at Fine though?

Yes, sovs sell for spot plus 20/25. That is the industry standard, they are so few are far between at that price. A fine shield back is a 260 coin.

[Sovsaver]

3 hours ago, NRSovereign said:

Took the plunge just now £280

If that's the one you just paid £280 for, I think it was a good buy. I think the grade is better than VF for sure, perhaps aEF.

Maybe if you have a chance, another, better photo would be nice for the gathered to oooh and ahhh over?

 

[NRSovereign]

Yes I will try and get better pictures soon as possible and yes that's what I just paid 280 for it would get it graded but unsure on how much charges are etc and it is worth doing

[Sovsaver]

1 minute ago, NRSovereign said:

Yes I will try and get better pictures soon as possible and yes that's what I just paid 280 for it would get it graded but unsure on how much charges are etc and it is worth doing

Please don't take my word on grades, I'm an absolute beginner at it, but enthusiastic! I wouldn't grade it, others maybe would, who knows?

[sovereignsteve]

5 hours ago, NRSovereign said:

Yes I will try and get better pictures soon as possible and yes that's what I just paid 280 for it would get it graded but unsure on how much charges are etc and it is worth doing

It's a common year and doesn't look good enough for EF, would probably make AU55

[NRSovereign]

1 hour ago, sovereignsteve said:

It's a common year and doesn't look good enough for EF, would probably make AU55

Thanks for your opinion sovereignsteve 

[NRSovereign]

Went back today and bought a second shield back in nice condition yet again!

[Ansel]

1 minute ago, NRSovereign said:

Went back today and bought a second shield back in nice condition yet again!

Pictures please! Show us your new precious. 

[NRSovereign]

Sorry pictures on a iPhone ! Will take better ones asap it's a 1879s full sovereign

[sovereignsteve]

better

[Roy]

18 hours ago, BackyardBullion said:

£280 seems a great price in my opinion.

The shieldback's I have been selling over the last 4 months for a friend of mine have all been going for £300+ on ebay.

I just had 3 finish last night, £330 for an 1870, £380 for a 1859 and £418 for a 1849.

Previously have had good results for other years as well.

BYB, you're very lucky to achieve those prices! Wow!

Or perhaps we are all selling ourselves short on here? Even £280 sounds expensive to me.

Am I becoming old and jaded like sovereignsteve?  

I should thank my stars I was buying them a few years ago 

[Sovsaver]

12 minutes ago, NRSovereign said:

Sorry pictures on a iPhone ! Will take better ones asap it's a 1879s full sovereign

That's a belter, you're finding some quality coins there. Iphones take good images if you use a little bit of zoom, not too much, just enough to allow a bit better focus on the coin.

 

[Roy]

26 minutes ago, Roy said:

BYB, you're very lucky to achieve those prices! Wow!

I feel bad about the paltry offer I made you on the '59! 

You were right to turn me down, and so courteously 

Cheers bud

[Sovereign]

can't wait to get these 2 

they should arrive on monday  

[NRSovereign]

Very nice!

[BackyardBullion]

8 hours ago, Roy said:

I feel bad about the paltry offer I made you on the '59! 

You were right to turn me down, and so courteously 

Cheers bud

Well it wasn't my decision to make sadly. We have been victims of our own success selling these like this.

Plus, my friend says she really loves watching the auction end as well!