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Longstrider's Blog

10 Mar 2017

TAKE A CHANCE FROM TIME TO TIME

Coins-World | Longstrider

   A while back I saw a coin on a not so well known auction site that is on line. I've been looking at their lots from past auctions and was quite impressed with the quality and price range of them. This company, sort of, specializes in ancient and world coins. I don't know a lot about world coins but I have always admired the Soverign. I  find it a beautifully artistic design. As a reptile lover, I am quite fond of the dragon on  the reverse, even though he is having a bad day. This particular Soveriegn was minted in 1927 in Pretoria, South Africa. The site described the coin as uncirculated. It looked good, even though it has some light scratches? in the fields. I did my due research and put down a bid. I felt it would grade out as a low MS. not bad.
   I won the auction and after paying for it, no buyers fee from this company, I received the coin promtly in the mail. I was very happy with what I now owned. I felt the company had played down the condition and decided to submit the coin to NGC, one of our percs for being an ANA member. As you can see in the photos, it came back as an MS 64. I took a chance on my grading skills and it payed off. That 64 grade increased the value of the coin quite a bit over what I paid. This was only the second time I bought a coin raw and sent it in. Both times to have it come back in a better grade than described. I feel pretty happy and a bit lucky. It can pay to take a chance from time to time.
    Now the descrition of this Sovereign. It is .917% gold. Weighs 7.99 g is 22 mm in diameter and 1.55 mm thick with a reeded edge. It depicts King George V on the obverse and St. George slaying the dragon on the Reverse. As I stated it  was minted in Pretoria, South Africa. Thanks for looking. I look forward to your comments..

Sourced: www.en.numista.com

Comments

Conan Barbarian

Level 5

nice coin

Kepi

Level 6

Nice purchase Longstrider! You took a chance and it paid off for you! Beautiful coin!!! : )

World_Coin_Nut

Level 5

Very nice coin. I have look at these a number of times but haven't pulled the trigger on one.

SpartaCuse

Level 4

Another Nice Get For Strider !!! Dragons are very cool too !

CoinLady

Level 6

That's a nice coin. A South African gold coin that is not a Krugerrand. I think this is a genuinely scarce coin that does not get any publicity. Enjoy!

"SUN"

Level 5

Nice find. Enjoyed the blog. It is always nice to have a pleasant surprise.

Mike

Level 7

Well you did it again. Congratulations on a nice pick up. I always like the sovereign epically St. George slaying the Dragon on the reverse. I can't say anything else the coin speaks for it's self. Way to go. Mike

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