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Gold Sovereign Victoria Shield

Gold Sovereign Victoria Shield


Gold Sovereign Victoria Shield Melt Value

This gold coin contains 0.235 troy ounces of bullion. Based on the metal content and weight, the intrinsic melt value of one Gold Sovereign Victoria Shield is $624.58 based on today's gold spot price.

Coin Melt Value Lowest Retail Price Highest Retail Price Buy/Sell Spread Premium
$624.58 $1028.07 $1028.07 $403.49 64.60%

Current retail values for range from $1028.07 to $1028.07. Compare Prices.

The Gold Sovereign Victoria Shield is a classic British gold coin, minted during the reign of Queen Victoria from 1838 to 1887. Known for its iconic shield reverse design, the coin was struck at several mints, making it a popular choice among collectors and investors.

Design and Specifications

  • Obverse (front): Features the portrait of Queen Victoria, with various portraits such as the "Young Head," "Jubilee Head," or other designs depending on the year.
  • Reverse (back): The shield design, incorporating the Royal Coat of Arms of the United Kingdom, surrounded by a wreath. The design sometimes includes a small crown above the shield.
  • Weight: 7.988 grams
  • Gold Content: 0.2354 troy ounces of pure gold
  • Fineness: 91.67% gold (22 karat)

Mint Marks and Varieties

The Gold Sovereign Victoria Shield was struck at multiple mints within the British Empire, with mint marks indicating the place of origin. The mint mark is typically found on the reverse, beneath the shield:

  • London (no mint mark): The primary mint for these coins, producing large numbers throughout Queen Victoria's reign.
  • Melbourne ('M'): Australian mint that produced coins with lower mintages, often more desirable to collectors.
  • Sydney ('S'): Another Australian mint, known for smaller production runs, adding to the coin's appeal.
  • Perth ('P'): A later addition to the mints, further diversifying the collection of these coins.
  • Bombay ('I'): The Indian mint, which produced coins with unique characteristics and limited mintages.
  • Ottawa ('C'): Canadian mint, contributing to the variety of mint marks available for this coin.

Collectible Varieties

  • 'Young Head' (1838-1887): The most common portrait of Queen Victoria, used across many years and mint locations.
  • 'Jubilee Head' (1887): A rarer portrait introduced at the end of the Shield series, adding a degree of scarcity.
  • Mint Varieties: Coins from Australian mints (Melbourne and Sydney) and the Bombay mint are especially valuable due to their lower mintages.

Common Dates vs. Rare Dates

London mint issues from the early years (1840s to 1860s) are more common and often encountered in the market. These dates are generally more accessible to collectors and investors, providing a more economical entry point.

Rare Dates and Varieties

Coins from the Sydney and Melbourne mints, particularly in the earlier years of production, are less common and can be highly sought after. Key dates include certain low-mintage years, which are prized for their rarity and historical significance.

Various Grades and Values

The value of Gold Sovereign Victoria Shield coins depends on their condition (grade), rarity, and mint mark. Here is a general estimate of the value based on grades for common-date coins (London mint and high mintage years).

  • Good (G): £250-350
  • Fine (F): £300-400
  • Extremely Fine (XF): £400-600
  • About Uncirculated (AU): £600-800
  • Brilliant Uncirculated (BU/MS): £800-1,200

Rare mint marks and key dates can command prices significantly higher, often reaching into the thousands or more for coins in exceptional condition.

The Gold Sovereign Victoria Shield is an integral part of British numismatic history. Coins from Australian and Bombay mints, as well as key dates, are highly valued by collectors and can command significant premiums. Common-date coins are more affordable, making them accessible to gold investors. The value of these coins increases considerably with higher grades and rarer mint marks.



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Specifications

Weight .2354 oz
Country Great Britain
Type Gold Coin
Mint The Royal Mint
Year 1838 to 1887
Purity .9167 fineness
Thickness 1.52 mm
Edge Milled