Gold Coins from Great Britain

Gold Coins from Great Britain

The numismatic value of British Gold coins depends on condition and rarity.

The numismatic value of British Gold coins greatly depends on what sort of condition the Gold coins are in. The British Royal Mint has been putting out coins since 886, which means you can find coins so worn you can’t tell the design to coins safely packaged in mint condition. Grading Gold British coins based on strike, luster and eye-appeal differentiates the price of Gold coins that may have been minted in the same year and place. Grading British sovereign coins is a subjective process that establishes a value for your Gold coins.

Grading of British Gold coins can range from poor (lacking virtually all details) to perfect uncirculated (no wear, marks or imperfections). The British Royal Mint is one of the world’s leading export mints, so you can buy Gold that has never been handled as legal tender. Graded Gold British coins have been independently examined by two experts who must agree on the Gold coins’ grade. British sovereign coins and British commemorative coins are then “slabbed,” meaning encapsulated in tamper-resistant plastic with the grade printed on a tag inside.

For grading British Gold coins, there are many companies to choose from, but two companies are the acknowledged industry leaders: Professional Coin Grading Services (PCGS) and Numismatic Guaranty Corporation (NGC). These companies’ knowledge of British Royal Mint products is unsurpassed, and Gold coins graded by these two companies are accepted in the marketplace at that grade. Grades for Gold British coins from lesser companies are often considered suspect. British sovereign coins rated by other companies may sell at lower premiums.

Establishing the quality of British Gold coins through grading costs money. Fees for grading Gold British coins depend on the declared value of the coin, the condition and the requested turnaround time. For British Royal Mint coins that don’t have a high collectability factor, the fee might not be worth it. But for collectible British sovereign coins and British commemorative coins, a grade from one of the top two grading services can actually enhance the numismatic value.

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