Analysis of Gold Purity
| Carats | Degree Celsius | Gold Purity % |
|---|---|---|
| 8 | 333 | 33,3% |
| 9 | 375 | 37,5% |
| 10 | 417 | 41,7% |
| 12 | 500 | 50,0% |
| 14 | 583 | 58,3% |
| 18 | 750 | 75,0% |
| 21 | 857 | 87,5% |
| 22 | 916 | 91,6% |
| 24 | 999 | 99,9% |
Official Gold Coins per Country
| Types | Weight in Gr | Purity | Diameter in Mm | Amount of Pure Gold |
|---|---|---|---|---|
| ENGLAND British Sovereign |
7.9881 | 916 | 22 | 7.322 |
| VICTORIA | 7.9881 | 916 | 22 | 7.322 |
| EDWARD | 7.9881 | 916 | 22 | 7.322 |
| GEORGE | 7.9881 | 916 | 22 | 7.322 |
| ELIZABETH | 7.9881 | 916 | 22 | 7.322 |
| FRANCE 20 FRENCH FRANC NAPOLEON |
645.16 | 900 | 21 | 5.806 |
| SWITZERLAND VRENELLI 1897-1933 |
645.16 | 900 | 21 | 5.806 |
| CANADA MAPLE LEAF 1979 |
31.103 | 999 | 30 | 31.103 |
| HUNGARY 100 KORONA 1908 |
33.875 | 900 | 37 | 30.487 |
| AUSTRIA 100 KORONA 1915 |
33,875 | 900 | 37 | 30,487 |
| AUSTRIA 4 DUCAT 1915 |
13,963 | 986 | 39 | 13,777 |
| USA DOUBLE EAGLE 20 DOLLARS 1907-1933 |
33,437 | 900 | 34 | 30,093 |
| LIBERTY 1877-1907 | 33,43 | 900 | 34 | 30,093 |
| MEXICO 50 PESOS 1947 |
41,66 | 900 | 37 | 37,499 |
| 20 PESOS 1959 | 16,66 | 900 | 27 | 14,999 |
| SOUTH AFRICA KRUGERRAND 1967 |
33,956 | 916 | 32,3 | 31,103 |
| 2 KRUGERRAND 1961 | 7,988 | 916 | 22 | 7,322 |
| RUSSIA 10 RUBLES 1923-1975 |
8.605 | 900 | 22.5 | 7.744 |
What is the historical significance of gold sovereigns?
Gold sovereigns have deep-rooted historical significance, embodying eras of political change, economic dynamics and cultural developments. Originating in England in the late 15th century, these coins, first minted during the reign of Henry VII, symbolise the consolidation of the monarch’s power and the rise of the Tudor dynasty. Over time, sovereigns emerged as powerful symbols of economic diplomacy and royal propaganda, demonstrating the power and stability of monarchs. Their wide circulation facilitated global trade, enhancing the reach of the British Empire during the 19th and early 20th centuries.
Furthermore, they played a pivotal role in crucial historical junctures, such as the Industrial Revolution and the two World Wars. Their stability and intrinsic value made them valuable assets during economic turmoil. Even today, as collectible items they retain their charm as symbols of wealth, past prestige and historical heritage.
Why sell gold Sovereigns?
As you must know or have gathered so far, Sovereigns are valuable coins. So, why would anyone want to sell them? There are several reasons that can lead someone to this decision. First of all, many people avoid having valuables in their house so as not to suffer from a great financial damage in case of a burglary. Thus, they feel safer to deposit their money in banks and/or invest in stocks or cryptocurrencies. Such financial moves seem more secure as they can track the market and act according to its ups and downs so as to maximise their profit.
Additionally, if you are struggling financially, you can sell your Sovereigns to Fasma Hellas for a sum of money that will definitely help you out.
What factors affect the selling price of gold sovereigns?
- Fluctuations in the gold market bring about changes and directly affect its selling price.
- The overall condition of the coin, including wear, alteration or damage, plays a primary role in determining its sale price.
- Rare or limited edition gold coins command higher prices due to rarity and this creates the desire for more demand from collectors.
- Coins with significant historical relevance, such as those associated with specific events or periods, may command a higher value in their selling price.
- The dynamics of supply and demand greatly affect the selling price, with increased demand often driving prices up.
- The unique features and mint marks contribute to the monetary value of the gold pound, influencing its selling price.
Why choose Fasma Hellas for the sale of gold sovereigns?
With a long-standing base in the sphere of precious metals for 50 years, and with modern machinery in its possession, such as advanced spectrographs and ultrasonic calipers, Fasma Hellas is increasingly gaining the loyalty and trust of customers in the field of gold pound sales. Their experienced team of professional appraisers meticulously evaluates each coin, ensuring sellers receive fair and competitive prices.Moreover, transparency and integrity are prioritised, providing clear documentation and accurate valuations of each type and form of gold. Whether you are an experienced collector or new to sales, entrusting your personal gold sovereigns to Fasma Hellas promises peace of mind and security regarding your investment, since the final stage of the process is accompanied by the issuance of a gold analysis certificate that seals the validity.
Frequently Asked Questions
What is the process for selling my personal gold sovereigns?
To sell your gold sovereigns, start with an appraisal by an experienced appraiser at Fasma Hellas to find out their value. Once you have the assessment, check the offer provided. Complete the sale by ensuring secure payment and proper documentation, having all the necessary certificates.
Why should I sell a gold sovereign?
Selling your gold sovereigns is a practical way to turn an illiquid asset into useful money. Benefiting from high gold prices, it gives you quick access to cash or helps you reallocate funds to other investments.
I have a sovereign that might be a fake. What should I do?
Despite common features, some sovereigns are designed differently from the start. Fasma Hellas' experienced appraisers and its modern spectrographs can confirm with confidence whether your coin is fake or not.
How can I determine the value of gold sovereigns before I sell them?
To find out the value of your pounds, look at the current market price of gold and assess the condition and rarity of the coin. Although there are online valuation tools, it would be a good idea to take advantage of the valuable assistance of the specialised staff of Fasma Hellas.
Can I sell gold sovereigns that are not in good condition?
Sure, you can sell gold sovereigns even if they are not in excellent condition. Simply, their value may decrease compared to how it was initially. When pricing, buyers consider factors, such as wear and damage.