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Great Britain: George V gold Sovereign 1917 MS63 PCGS,...
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Sold on Jan 8, 2024 for:
$31,200.00
Bid Source: HA.com/Live bidder
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Description
Key-Date Rarity of the Sovereign Series
George V gold Sovereign 1917 MS63 PCGS, KM820, S-3996,
Marsh-219 (R5). Among the great rarities of the Sovereign series,
this type was not always as elusive as it is today. Unlike other
rare Sovereigns, such as the 1819 and 1920-S (both of which always
existed in extremely limited numbers), the mintage of 1917
Sovereigns actually exceeded one million. Unfortunately, almost the
entirety of this number were retained by the Bank of England, and
later exported to Fort Knox after WWI as payment for accrued war
debts to the US. After the passing of the Gold Reserve Act in
January 1934 (the same act which created such a rarity in the US
Double Eagle of 1933), all the 1917 Sovereigns held in the US were
melted down and re-barred, leaving just a handful in existence.
Just 41 examples of this rarity have been graded by either NGC or
PCGS, with our current specimen bested by only 7, making this a
highly anticipated offering for Sovereign collector.Metal: Gold
Diameter: 22.05mm
Weight: 7.9881g
AGW: 0.2355oz
Mintage: 1,014,999
More information about Great Britain Coins. See also: Great Britain World Coin Nationality.
Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.
Auction Info
2024 January 8 NYINC Platinum Session World & Ancient Coins Signature® Auction - New York #3113 (go to Auction Home page)
Auction Dates
January, 2024
8th
Monday
Bids + Registered Phone Bidders: 18
Lot Tracking Activity: N/A
Page Views: 561
Buyer's Premium per Lot:
20% of the successful bid per lot.
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