1892 and 1903 British Sovereigns

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1892 and 1903 British Sovereigns

Postby thedrifter » Thu Nov 21, 2013 2:27 pm

I have been approached with the opportunity to buy a 1892 and a 1903 sovereign. I was wondering what a reasonable price for these was. I plan on keeping these but would like to pay a price that is fair but also leaves some "meat on the bone" for me.

Thanks for your help and advice
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Re: 1892 and 1903 British Sovereigns

Postby beauanderos » Fri Nov 22, 2013 8:06 am

A good price would be 2% above melt. A great price would be at melt. Market generally prices them 4-5% above melt. Depends on their condition. If XF or better, consider buying them to hold... if in lesser condition than that... who would you sell to?
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Re: 1892 and 1903 British Sovereigns

Postby thedrifter » Mon Nov 25, 2013 6:59 pm

Okay, thank you. The deal for these Sovereigns and the buffs fell through. I think the potential seller is too in love with the Sovereigns.
Maybe he will come around in the future.
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