Nine gold sovereigns that command top dollar
It’s an amazing fact that Australian mints in Sydney, Melbourne and Perth churned out more than 400,000,000 official gold sovereigns between 1855 and 1931.
The various combinations of years, reverses, monarchs and mints means that collectors must find almost 200 different coins to complete a set.
While many of these Australian-made sovereigns are readily available, rarer types spark huge interest whenever they appear on the market.
If you’ve accumulated, found or inherited some old coins, bear in mind that they may include some potentially very valuable Australian gold sovereigns. The question is, how do you know whether you’re lucky enough to have hit the jackpot?
This table reveals the rarest dates of nine different types of Australian sovereign. Any of these years could generate a reward considerably higher than the coin’s bullion value, particularly if it’s in top condition.
Top tips for selling gold
With the Australian dollar price of gold at near record levels, people with old gold jewellery or unwanted gold coins and bars could be in a position to make a small fortune Before cashing in, however, it’s important to understand who you can trust and what is a fair price for your gold.
What makes a successful coin series?
It’s a tricky challenge: identify the theme for a collectable coin that will win the hearts of collectors — and do it a year or two in advance, before any design has hit the page.
Nurturing the next generation coin collector
Introducing your niece or nephew, child, or grandchild to the world of coin collecting, can lead to a rewarding hobby that will last a lifetime.