Anybody know their coins? House of Tudor.
Anybody know their coins? House of Tudor.
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InductionRoar

Original Poster:

2,356 posts

162 months

Sunday 3rd February 2019
quotequote all
I realize that this is a rather niche topic, but I'm sure that there will be some posters who are sufficiently knowledgeable to assist me - what with this being a car forum and all wink.

Essentially, I would like a Mary Tudor coin. Now, my budget unfortunately does not extend to the requisite £60k for a gold sovereign, but there must be something that fits my criteria without costing an arm and a leg. I am not bothered by how rare the coin is at all, but the portrait (either Mary or Philip and Mary - I don't mind) must be as close to perfect as possible and the coin itself well-struck with no damage.

The closest I have seen for sale was unfortunately sold. It was £500, which is fine, but to be honest I wouldn't want to go much above this price level and would obviously be keen to pay less if possible. There are lots of dealers offering really quite worn examples for many hundreds (sometimes thousands) which seems to be based on rarity alone and I do not want to pay a premium for rarity alone.

I don't know how the value system works with coins. Putting rarity to one side, I assume the lower denominations are still comparatively less valuable now? How often do perfect coins come up for sale and is there somewhere I should look? I would likely not be able to identify a fake from a photograph (unless it was one of the Elizabeth "I" coins, which found their way onto the market a while back hehe), so would be wanting to buy from a reputable source.

Any input gratefully received.


Saleen836

12,503 posts

239 months

Sunday 3rd February 2019
quotequote all
InductionRoar said:
I realize that this is a rather niche topic, but I'm sure that there will be some posters who are sufficiently knowledgeable to assist me - what with this being a car forum and all wink.

Essentially, I would like a Mary Tudor coin. Now, my budget unfortunately does not extend to the requisite £60k for a gold sovereign, but there must be something that fits my criteria without costing an arm and a leg. I am not bothered by how rare the coin is at all, but the portrait (either Mary or Philip and Mary - I don't mind) must be as close to perfect as possible and the coin itself well-struck with no damage.

The closest I have seen for sale was unfortunately sold. It was £500, which is fine, but to be honest I wouldn't want to go much above this price level and would obviously be keen to pay less if possible. There are lots of dealers offering really quite worn examples for many hundreds (sometimes thousands) which seems to be based on rarity alone and I do not want to pay a premium for rarity alone.

I don't know how the value system works with coins. Putting rarity to one side, I assume the lower denominations are still comparatively less valuable now? How often do perfect coins come up for sale and is there somewhere I should look? I would likely not be able to identify a fake from a photograph (unless it was one of the Elizabeth "I" coins, which found their way onto the market a while back hehe), so would be wanting to buy from a reputable source.

Any input gratefully received.
Coin value is decided on rarity and condition, if the coin has been graded by a proffesional coin grading service the value will be higher than one that hasn't.

InductionRoar

Original Poster:

2,356 posts

162 months

Sunday 3rd February 2019
quotequote all
Saleen836 said:
Coin value is decided on rarity and condition, if the coin has been graded by a proffesional coin grading service the value will be higher than one that hasn't.
Agreed.

I'm quite happy to pay for a professional's grading, less so a premium for rarity. For example, some Philip and Mary coins I have seen have been more expensive because they have no date and are thus rarer. This is of no importance to me - any surviving coin from a monarch who reigned for five years is sufficiently rare to me.