The Coin Cabinet
Auction 43 29 Aug 2021
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UNITED KINGDOM. George V, 1910-36.
Gold sovereign, 1917. London.
The mintage figure for 1917 is misgiving; due to World War I Britain came off the gold standard and in 1917 gold was scarce. Hence the entire mintage was retained by the Bank of England and bar a few coins they were all shipped to the US to pay for WWI debts. After passing the Gold Reserve Act in January 1934, these were all melted down, hence a very small number of coins exist today. The PCGS population report shows 20 examples, making this one of the great rarities of London mint sovereigns.
Bare head left; GEORGIVS V D.G.BRITT:OMN:REX F.D.IND:IMP:. / St George slaying the dragon right; date in exergue.
In secure plastic holder, graded PCGS MS62 , certification number 35779561.
PCGS population in this grade: 4.
PCGS population in higher grade: 12.
Reference: Fr-404b; KM-820; Marsh-219; S-3996
Mintage: 1,014,714.
Diameter: 22.05 mm.
Weight: 7.9881 g. (AGW=0.2355 oz.)
Composition: 917.0/1000 Gold.
PLEASE NOTE: 0 % Buyer Premium on this lot. No other fees, including live bidding. Only delivery cost will be added to your order.
Gold sovereign, 1917. London.
The mintage figure for 1917 is misgiving; due to World War I Britain came off the gold standard and in 1917 gold was scarce. Hence the entire mintage was retained by the Bank of England and bar a few coins they were all shipped to the US to pay for WWI debts. After passing the Gold Reserve Act in January 1934, these were all melted down, hence a very small number of coins exist today. The PCGS population report shows 20 examples, making this one of the great rarities of London mint sovereigns.
Bare head left; GEORGIVS V D.G.BRITT:OMN:REX F.D.IND:IMP:. / St George slaying the dragon right; date in exergue.
In secure plastic holder, graded PCGS MS62 , certification number 35779561.
PCGS population in this grade: 4.
PCGS population in higher grade: 12.
Reference: Fr-404b; KM-820; Marsh-219; S-3996
Mintage: 1,014,714.
Diameter: 22.05 mm.
Weight: 7.9881 g. (AGW=0.2355 oz.)
Composition: 917.0/1000 Gold.
PLEASE NOTE: 0 % Buyer Premium on this lot. No other fees, including live bidding. Only delivery cost will be added to your order.