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Old 1/2 Sovereign


Hillbilly Sheep

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As you know, or maybe not, I've just started collecting and got my first 1oz Silver Britannia the other day.

 

My wife remembered that she had an old 1/2 gold sovereign she was given about 35 years ago.

 

Its been put into a mount to be used as a necklace.

 

Just wanted to get your thoughts on it.

 

Should it be kept in the mount ?  Taken out and cleaned ?  What would you say is the value (not that it's getting sold) ?

 

The weight without the chain is just over 5g

 

Thanks for any thoughts.

 

Hope the pics look OK.

 

 

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post-293-0-87244600-1414011489_thumb.jpg

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Well it looks like you've got a nice heavy gold mount and chain. Depending on what carat the gold is, the mount and chain could be worth £100+. The coin itself is worth about £90 at spot value. 

 

I would leave it as it is, but i would take it to a dealer just to see what the mount and chain is worth. 

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I shouldn't really answer this because I'm guessing.

 

But I guesstimate: £110-30 on ebay 

 

I'm sure someone will come along and ask relevant questions about the carat of the mount and chain and be able to give you a much better answer.

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Regular bullion half sovereign.

Check the daily price on HGM's website for market price e.g. spot +4%.

If selling to a dealer you might get 98% of spot.

Price of necklace is dependant on weight and carat which should be stamped on the holder and chain.

If you cannot remove the coin assume a weight of 3.9 grams for the coin by itself.

Again you can get an instant value by entering this data as if selling to HGM.

Selling privately you might achieve a bit more but remember to deduct fees.

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Don't split the coin from the mount and chain, take to a we buy gold place , get them to value the sovereign and mount together, and the chain separately , go to a couple of places, ignore the value they put on both, just get them to verify the gold quality. Selling chain, sovereign in mount all together should realise 20% or more in private resale, more on ebay .

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