Shaun, many thanks for sharing these shields with us! A tiny handful of shields on the screen is always a sight for sore eyes. The condition of the coins shown is quite normal for raw shields moved between dealers and clients - from Good to Fine - or as you aptly call the condition: "Good Bullion". As you state in your correction it is almost always shields from the 60s and 70s we encounter raw at the LCS (and Tavex for that matter). Hence those are also the decades with which dealers supply each other when in need of shields. Earlier decades, 30s, 40s, 50s - as well as late 70s and 80s have been picked out of the raw coin supply line long time ago and if a client turns one of these in for sale tomorrow it will be picked out for a considerable mark up. 🙂 Again many thanks - these shields will move fast! P.S. Regarding wear: yes, Victoria's hair is the first to wear - on the shield side it's normally the six lions' faces that are rubbed/smeared. But again; it's damn good bullion!
I didn't know that but equally I am not shocked with the 60 and 70s purely because of the frequency I see them relative to the other shields that come in. If the price is right and I have the funds I am always buyer of shields regardless of if they are beaten up - they are in my mind the gold standard of currency coins.
Great video - I’m concerned that we may lose a ton of history to the melting pot - the leg work to get these to collectors isn’t often worth the effort…
I’ve had a few Sovereigns over the years, one of my favorite gold coins to collect. I still have yet to add a Shield Sovereign to my collection. In fact I’m waiting on an 1890 Old Head to arrive in the next week or so.
@@livinthedream7714 Oh lmao - tbh I felt like I had plenty to say today - sometimes I just look at it and think ah man. I am a slave for the dollar a day
I love these coins, but do wonder how you work out the spot-price of them. If I take todays price of gold as being £2120 per ounce and divide by 4 I get £530 for a 1/4 ounce coin. I then personally deduct one-twelfth of the value, because these sovereigns are 22k and not 24k, and that gives me a spot-price per sovereign of £486, or thereabouts. Is that how you would work it out?
You are doing it wrong but its not an uncommon mistake. 22ct coins have the same gold content as 24ct coins its just they are alloyed with another metal making them heavier - The gold content is the same however. In terms of how I work it out I cross check everything against numista these days and price accordingly because it will tell you the weight and purity which gives you the gold content per coin. In the case of a sovereign - the gold content is 7.32 gold gras giving you (as of now) £497.61 at spot.
@@shaunoliver1703 Thank you, I had thought that my working out was somehow adrift, and I now understand why. Still love these sovereigns, but purchasing fewer of them because of the big price increases over the last 6 months. Still enjoying them, and still learning.
Great sovs. I have an 1855 shield that I've been holding for 12 years. Some are well worth keeping till retirement or passed down to children.
100% - I am trying my best to keep my MS64 :)
*Correction - I should have said the 60 and 70s are of the higher mintage of the shields - My apologies
I love the sheildback sovereigns picked up a nice 1843 and 2002 6 month's ago for 400 each, thanks for making me jealous lol
Youve done well on the pricing for those - especially the 1843!
Shaun, many thanks for sharing these shields with us! A tiny handful of shields on the screen is always a sight for sore eyes. The condition of the coins shown is quite normal for raw shields moved between dealers and clients - from Good to Fine - or as you aptly call the condition: "Good Bullion". As you state in your correction it is almost always shields from the 60s and 70s we encounter raw at the LCS (and Tavex for that matter). Hence those are also the decades with which dealers supply each other when in need of shields. Earlier decades, 30s, 40s, 50s - as well as late 70s and 80s have been picked out of the raw coin supply line long time ago and if a client turns one of these in for sale tomorrow it will be picked out for a considerable mark up. 🙂 Again many thanks - these shields will move fast!
P.S. Regarding wear: yes, Victoria's hair is the first to wear - on the shield side it's normally the six lions' faces that are rubbed/smeared. But again; it's damn good bullion!
I didn't know that but equally I am not shocked with the 60 and 70s purely because of the frequency I see them relative to the other shields that come in. If the price is right and I have the funds I am always buyer of shields regardless of if they are beaten up - they are in my mind the gold standard of currency coins.
What a sight for sore eyes 🎉. Melt price plus 40 pounds is a great price, 🙆♂️, I wish I were in the position to buy 🙀. Thanks, as always 🙆♂️.
They should move at that - I have read your email I will get on top of it asap. :)
Great video - I’m concerned that we may lose a ton of history to the melting pot - the leg work to get these to collectors isn’t often worth the effort…
Sadly it always happens
I’ve had a few Sovereigns over the years, one of my favorite gold coins to collect. I still have yet to add a Shield Sovereign to my collection. In fact I’m waiting on an 1890 Old Head to arrive in the next week or so.
Congrats with your upcoming Old Head - it's a wonderful design. I hope you can add a shield to your collection as well 🙂 Have a nice weekend!
Solid choice on the old head
@ the old head arrives Monday. She’ll make a nice addition to the collection.
Not a bad haul that👏🏻👏🏻👏🏻
Agreed
Nice coins.
Glad you like them!
@@shaunoliver1703 young head victoria already a winner, then add a shield on top, cannot go wrong
Not to long ago I remember buying shield backs 5 for £1000,,, now be very lucky to get 2 😮
That would be over a decade ago surely.
@@shaunoliver1703 yes ,,I bought everyone I came across
Pheww.... ya just made it!
:)
I had to make a video on shields - they are worthy coins
@shaunoliver1703 true that!
I was referring to video length... 14 seconds past the magic mark
:)
@@livinthedream7714 Oh lmao - tbh I felt like I had plenty to say today - sometimes I just look at it and think ah man. I am a slave for the dollar a day
Given the choice, would you prefer a sovereign or 1/4 oz Britannia?
Doesnt matter tbh
Nice
Very nice
❤
Thanks for stopping by.
I love these coins, but do wonder how you work out the spot-price of them. If I take todays price of gold as being £2120 per ounce and divide by 4 I get £530 for a 1/4 ounce coin. I then personally deduct one-twelfth of the value, because these sovereigns are 22k and not 24k, and that gives me a spot-price per sovereign of £486, or thereabouts. Is that how you would work it out?
You are doing it wrong but its not an uncommon mistake. 22ct coins have the same gold content as 24ct coins its just they are alloyed with another metal making them heavier - The gold content is the same however. In terms of how I work it out I cross check everything against numista these days and price accordingly because it will tell you the weight and purity which gives you the gold content per coin. In the case of a sovereign - the gold content is 7.32 gold gras giving you (as of now) £497.61 at spot.
@@shaunoliver1703 Thank you, I had thought that my working out was somehow adrift, and I now understand why. Still love these sovereigns, but purchasing fewer of them because of the big price increases over the last 6 months. Still enjoying them, and still learning.
she was a lovely looking woman
Yes she was.