Are All Gold Half Sovereigns 22ct?

A question by yido :  I am hoping to sell my sovereign ring, to gain some money to pay off the bills. i really want to know if all sovereigns are 22ct like i have read? I actually think it is a half sovereign (it is about 20 pence size)i don ‘t want to end up losing a lot of money due to me being told that it is not 22ct! any help is appreciated. if it helps i paid £300 for this ring. it has 4 diamonds set in each corner of the ring setting, it is dated 1982.am i likely to be able to gain back my money or lose a bit/ lot? i have read that a 4g half sovereign in 22ct is worth approx £60 as scrap is this correct? It is a 9ct ring mount, would you say to remove the sovereign from the ring??

Answers

It is 22k. You could also work out the value of the ring (mount) I suspect the diamonds are worth zero. Why not try selling it on Ebay as a ring? You know the minimum amount (the gold value) so you may get more for the ring as a whole. Don’t forget you will get slightly lower price for the 1/2 sovereign than a dealer’s selling price, but don’t be tempted to take too much lower, after all gold is gold! Gold is about US$1685 an ounce. So, weigh your items separately. 22K is 22/24 of the weight x price and 9k is 9/24 Convert to GBP using current rate take off a few £ and Bob’s your uncle. Try the manufacturing jewelers in Hatton Garden. See what sort of price the offer.

Vaor

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“Sure is, expect to get £150-£160 for a 1982 half sovereign. If the body of the ring is 9ct expect only a few quid..”

A1982

By Alexandre Laurent

Alexandre Laurentl is working in the jewelry and investment gold since 2002. Alexandre graduated from The Normandy School of Business and from the University of Perpignan a Bachelor of economics in 1995.

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