What condition would this George the V Sov appear to be?

[Safestacker]

Hi all

I have a 1912 George the V sov from the London mint and wondered what the condition might be in terms of the EF, VF etc... grading system, if you can even tell from the pictures. Thinking of selling it so im wondering about the condition. 

Any help would be appreciated.

Cheers.

 

[sovereignsteve]

I would say EF and a bit, about MS61

[Safestacker]

7 minutes ago, sovereignsteve said:

I would say EF and a bit, about MS61

Thanks Steve, im a total noob to this sov game, what would this be valued at roughly?

[Safestacker]

Would this be more sought after than say a 2019 new shiny sovereign?

[sovereignsteve]

13 minutes ago, Safestacker said:

Thanks Steve, im a total noob to this sov game, what would this be valued at roughly?

It's a very common coin and not uncirculated grade so not much more than bullion really

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Added 0 minutes later...

8 minutes ago, Safestacker said:

Would this be more sought after than say a 2019 new shiny sovereign?

it would be in my book😉

[Safestacker]

4 minutes ago, sovereignsteve said:

It's a very common coin and not uncirculated grade so not much more than bullion really

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Added 0 minutes later...

it would be in my book😉

 

Thanks steve, i got it from The Gold Bullion Company, they said they will buy back coins 97% of spot if bought from them and acording to the chart on their website, spot for this is at £281.59, 97% of whch is £273.14. Would they actually buy it back for that? How does it work?

Cheers. 

[sovereignsteve]

2 minutes ago, Safestacker said:

Thanks steve, i got it from The Gold Bullion Company, they said they will buy back coins 97% of spot if bought from them and acording to the chart on their website, spot for this is at £281.59, 97% of whch is £273.14. Would they actually buy it back for that? How does it work?

Cheers. 

spot is currently at £1043.89 so for a sov that is £245.73

97% of this is £238.36

[Kman]

5 minutes ago, Safestacker said:

Thanks steve, i got it from The Gold Bullion Company, they said they will buy back coins 97% of spot if bought from them and acording to the chart on their website, spot for this is at £281.59, 97% of whch is £273.14. Would they actually buy it back for that? How does it work?

Cheers. 

Better to sell on here most likely, can probably sell for spot + the buyer will pay postage instead of you 

[HelpingHands]

Just now, Kman said:

Better to sell on here most likely, can probably sell for spot + the buyer will pay postage instead of you 

Exactly.  Plus dealers may decide to move the goalposts and say it's a lower grade  🤨

[Safestacker]

Thanks guys

[sixgun]

50 minutes ago, Safestacker said:

Thanks guys

Sovereigns are not pure gold - which perhaps explains your miscalculation - they are 91.7% pure gold (22 carat).

i would buy it for spot + postage if you are interested.