Coin and Paper Money Collecting/1798 Gold Spade Guinue
I have verified that a gold coin that I have is a
All genuine King George III (1760-1820) guineas weigh 8.35 grams, contain .2461 of an ounce of gold, and have a diameter of 24 mm. The correct wording on the reverse of the genuine guinea is M B F ET H REX F D B ET L D S R I A T ET E (date)
Mine has been made into a broach with out defacing the coin. The filigree at the ends and broach parts also appear to be of the same gold.
What value might it have please?
Hi Terry, thanks for the question. You seem to be completely confident that the coin is genuine, so I guess you have heard that this is one of the most commonly counterfeited coins in England - this coin, this year, this type. Let's assume there's no problem there. For it to have value as a coin it has to be detachable from the mount and able to leave no marks. After that the value depends on the grade and three grades apply to this coin: Fine, Very Fine and Extremely Fine. They represent degrees of wear and tear; EF being the best condition, visible hair lines, clear strings on the harp, clear definition on all symbols on the shield, no scratches, bumps or nicks on the face or the edge. That would give you a value of around £750. Worse case is a lot of wear and difficulty in making out the little details (Fine) which would come in around £250. In the middle, at VF, the coin values at around £350.
I hope this helps and would suggest that you find a way of deciding exactly what grade the coin is.
It is a very nice coin to own.