Value of gold

[Chris38]

Please could anyone give me a rough idea of the value of a UK gold sovereign in mint uncirculated condition. Assuming the coin is of no interest to collectors as such, what does it weigh and what would a gold dealer be likely topay?

[ChuckFickens]

Approx £250-280

and it weighs 7.98 grams.

[sandyRoe]

You can buy a sovereign for £257. I'd guess a dealer would give £220 to £230 for one

http://www.google.co....f095&biw=1647&bih=937

[Graham-W]

Although a gold sovereign weighs 7.98gm it contains only 7.315gm of gold. With gold at £33.14/gm that is £242. You would be offered less than £240 as the dealer needs to make a profit, If you got more than £200 you would be doing well.

[Chris38]

Many thanks, ChuckFickens, SandyRoe and Graham-W. My expectations were in the £150-200 area so perhaps a firming up to the £200 figure is called for.

[ashishseo]

With More information of Gold. Gold has been a international live of wealth much since the dawn of history, with every culture and era expressing gold weights and worth in line with their own custom.

[chrissa1]

If you wanted to scrap it you'd get about £30.18/g.

[factor-fiction]

Welcome to Answerbank, ashishseo