(a) "auctioneer" means Henry Adams Auctions or its authorized auctioneer, as the case may be;
(b) "deliberate counterfeit" means an imitation made with the intention of misleading as to authorship, origin, date, age, period, culture or source, but which is unambiguously described in a catalog as the work of a particular maker and which at the date of sale had a material a lower value than it would have been had it been in accordance with the description;
(c) "hammer price" means the bid level (at or above any reserve) reached when the auctioneer lifts the hammer;
(d) "consignment terms" means the agreed terms and commission rates under which Henry Adams Auctions accepts instructions from sellers or their agents;
(e) "total amount due" means the lowest price in respect of the lot sold together with any premium. Value added tax and all additional fees paid by a customer who does not fulfill the obligations under these Terms;
(f) "proceeds of sale" means the net amount due to the seller as the lowest price of the lot sold less commission at the specified rate. Value added tax and any other amounts owed to us by the seller in any capacity and in any way;
(g) "you", "your", etc.; apply to the customer as set out in Condition 2.
(h) The singular includes the plural and vice versa where appropriate.
2. THE TENDER AND THE BUYER
(a) Bidders are required to register their information prior to bidding and comply with all security measures before entering the auction room to view or bid.
(b) The highest bidder accepted by the auctioneer conducting the sale shall be the purchaser at the sale price and any bid dispute shall be resolved at the auctioneer's sole discretion by rebidding the lot during the auction or otherwise. The Auctioneer will act reasonably in exercising this discretion.
(c) Bidders are deemed to act as principals.
(d) Our right to bid on behalf of the seller is expressly reserved up to the amount of any reserve and we also reserve the right to reject any bid.
3. INCREASE
Bid increases are at the auctioneer's discretion.
4. PURCHASE PRICE
The customer pays the base price together with a premium of 20%, plus VAT (VAT on the premium at the statutory rate) plus any additional costs as specified in these conditions.
5. VALUE ADDED TAX
Value added tax on the price of the hammer is required by law for all items marked with an asterisk or double asterisk. Value Added Tax will be charged at the applicable rate in force by law on the date of sale and shall be paid by purchasers of the relevant lots. (For a brief explanation of the VAT position, see "customer information").
6. PAYMENT
(1) After the lot is sold, you will:
(a) provide us with proof of identity if requested, and
(b) pay us the total amount owed in cash or in any other way we agree.
(2) Any payments made by you to us may be set off by us against any amount due to us from any account, notwithstanding any instructions from you or your agent, express or implied.
7. OWNERSHIP AND PAYMENT OF PURCHASE
(1) Ownership of the purchased plots passes to you only after you have paid us the total amount in full.
(2) You must take over all purchased and paid for lots at your own risk and expense no later than 14 working days after the day of the auction, after which you will be responsible for all removal, storage and insurance costs.
(3) No purchase can be claimed or removed until paid for.
8. REMEDIES FOR NON-PAYMENT OR NON-CONFORMITY OF PURCHASE
(1) If the lot is not paid for in full and is confiscated in accordance with these Terms or if there is any other violation of these Terms, we as the seller's agent will, at our discretion and without prejudice to any other rights, may be entitled to exercise all or any of the following rights and remedies:
(a) to claim damages against you for breach of contract;
(b) cancel the sale of that plot and/or other plots that we have sold to you;
(c) resell the Lot (by auction or private treaty), in which case you will be liable for any resulting shortfall in the total amount owed (after crediting the partial payment and adding any resale costs). Any surplus that arises in this way belongs to the seller;
(d) remove, store and secure the Lot at your expense and, in the case of storage, with us or elsewhere;
(e) charge interest at a rate of up to 1.5% per month on the total amount due to it remaining unpaid more than 14 working days after the sale;
(f) hold that or any other Lot sold to you until you have paid the total amount due;
(g) to reject or ignore bids from you or your agent in future auctions or to impose conditions on the acceptance of such bids;
(h) use any proceeds from the sale of other plots belonging to you or which may belong to you in settlement of the total amount owed and exercise a right of retention (which is the right to retain ownership of) your property in our possession for any purpose until the debt is satisfied .
(2) We, as the seller's agent and on our own behalf, will only seek these rights and remedies to the extent reasonable to obtain an adequate remedy in relation to any breach of these terms.
9. LIABILITY OF THIRD PARTIES
All members of the public on our property are there at their own risk and should familiarize themselves with the accommodation layout and safety features. Accordingly, neither the auctioneer nor our employees or agents shall be liable for death or personal injury (except as required by law due to our negligence) or the like for the safety of the property of any person visiting before or during the sale.
10. COMMISSION OFFERS
Although prospective buyers are strongly advised to attend the auction and are always responsible for any decision to bid on a particular lot, and are assumed to have carefully inspected and satisfied themselves of its condition, we will, if we receive clear and written instructions, make bids on their behalf. Neither the auctioneer nor our employees or agents are liable for any failure to comply, unless unreasonable. If two or more commission offers are recorded at the same level, we reserve the right, at our sole discretion, to give priority to the first offer so made.
11. WARRANTY OF TITLE AND AVAILABILITY
The seller warrants to the auctioneer and to you that the seller is the true owner of the consigned goods or is duly authorized by the true owner to offer them for sale and is capable of transferring good and negotiable title. transfer ownership, without third party claims.
12. AGENCY
The auctioneer usually acts only as an agent and disclaims any responsibility for the failure of the seller or buyer.
13. TERMS OF SALE
The seller confirms that the lots are sold under the full terms of these Terms and Conditions of Shipment as communicated to the consignor at the time the lot is entered.
14. DESCRIPTIONS AND TERMS
(1) Although we strive to accurately describe the series, it may be impractical for us to conduct extensive in-depth analysis of each series. Prospective buyers have ample opportunity to view and inspect prior to any sale and they (and any independent experts on their behalf) must satisfy themselves that any description applied to the lot is correct. Prospective buyers also bid with the understanding that any statements or representations made by us regarding authorship, authenticity, provenance, date, age, provenance, condition or estimated retail price are inevitably a matter of opinion. We undertake that any such opinion will be fair and reasonable and accept responsibility for opinions expressed negligently or fraudulently. Notwithstanding the foregoing, neither we, the auctioneer, nor our employees or agents, nor the seller accept any responsibility for the accuracy of any such opinion and all conditions and warranties, whether as to the description, condition or quality of the lots, whether express, implied or statutory, are hereby excluded. This condition is subject to the following condition relating to intentional forgery and applies subject to the provisions of Section 6 "Information to Customers".
(2) A private sale according to these Terms and Conditions is considered an auction sale in terms of consumer rights.
15. FORGERY
Notwithstanding the above conditions, any lot found to be a deliberate counterfeit (as defined) may be returned to us within 21 days of the auction, provided it is in the same condition as when purchased and accompanied by the relevant cataloger's identification information description and written statement of defects. If, on the basis of the evidence presented, we are satisfied that the Lot is a willful counterfeit, we will refund the money you paid for the Lot, including any buyer's premium (but not the amount of any consequential damages, damages, costs or interest), provided that (1 ) if the catalog description reflects the accepted opinion of scientists and experts at the date of sale or (2) you are personally unable to transfer good and marketable title to us, you have no rights under this condition.
The right of return provided for in these conditions is in addition to any rights or remedies provided by law or these Terms of Sale
IN GENERAL
16. We have the right, at our sole discretion, to refuse any person entry to our premises or participation in our auctions.
17. Any indemnification or exclusion under these conditions shall extend to all actions, costs, expenses, claims and demands suffered or imposed by a person entitled thereto, and the auctioneer represents that the trustee has the benefit of any of these clauses to the extent which is expressly intended for the benefit of its employees and agents.
18. Any notice to a buyer, seller, bidder or viewer may be sent by first class mail, in which case it shall be deemed to have been received by the recipient 48 hours after posting.
19. Special terms may be used in the catalog descriptions of certain types of items, in which case the descriptions should be interpreted in accordance with any glossary at the beginning of the catalog.
20. Any concession made by us to bidders, buyers or sellers, notwithstanding the strict provisions of these Terms or Conditions of Delivery, will only affect the position at the relevant time and only in relation to that particular concession; in all other respects, these Terms shall be deemed to be in full force and effect.
21. The interpretation of these Terms and Conditions is governed by English law.
FAQs
How much is an 1896 gold sovereign worth? ›
| QTY | Wire Transfer Price Per Unit |
|---|---|
| 1+ | $758.50 |
| QTY | Net Per Unit | Gross Per Unit |
|---|---|---|
| 5+ | £485.50 £475.70 | £485.50 £475.70 |
| 10+ | £481.80 £472.10 | £481.80 £472.10 |
| 25+ | £478.50 £468.90 | £478.50 £468.90 |
| 50+ | £475.30 £465.70 | £475.30 £465.70 |
1839 Sovereigns are among the rarest of these gold coins ever issued for circulation by the Royal Mint. Just 503,695 Sovereigns were struck at Tower Hill, London in this year: much fewer than in 1838, the first year of issue under Victoria, when some 2,718,694 were minted.
How much is an 1896 half sovereign worth? ›| QTY | Net Per Unit | Gross Per Unit |
|---|---|---|
| 1+ | £568.40 | £568.40 |
1819 George III Gold Sovereign
The 1819 Sovereign is another example of an exceedingly rare British coin that has fascinated collectors since its inception. This is primarily because the coin was never produced on a large scale. Only 3,574 coins were struck, all from gold supplied by private merchants.
1896 Morgan Dollar Value
According to the NGC Price Guide, as of February 2023, a Morgan Dollar from 1896 in circulated condition is worth between $33 and $63.
George III Sovereigns have proved to be the most valuable due to their scarcity, with one fetching £186,000 at auction. The sovereign was discontinued during the start of the First World War in 1914. In 1937, a proof set of Sovereigns were created for the reign of Edward VIII.
What were the gold Sovereigns of Queen Victoria? ›One of the most sought after and certainly the most prestigious of Gold Sovereigns, the Victoria Old Head Gold bullion coin is the epitome of a solid investment. Struck by the Royal Mint, the 1893-1901 Queen Victoria Sovereigns invoke a distinct nostalgia for a time when the British Empire was at the peak of its glory.
How much is a British gold sovereign worth in US dollars? ›| Weight: | Spot Price: | Buy Price: |
|---|---|---|
| 0.24 oz | $ 458.39 | $ 497.35 |
While gold sovereigns hold their spot market value no matter what happens in the world, some sovereigns you invest in could rise in value because of rarity, aesthetic and historical appeal. If you're looking to invest in gold coins, sovereigns are a great option.
How much should I pay for a gold sovereign? ›
To calculate the market value of your gold sovereign, you will need to take its weight in fine gold and multiply it by the current spot price. So, you would look up the spot price for gold per gram and multiply this figure by 7.32 to determine the current market value.
How to sell gold Sovereigns? ›Since the Sovereign can carry a numismatic value as well as its value in gold, it's best to sell your Sovereign gold coins to a reputable gold dealer. This will ensure you receive a fair price that reflects the gold content and the numismatic value of the coin.
What is the difference between a sovereign and a half sovereign? ›A full sovereign contains 7.322 grams (0.2354 troy ounces) of pure gold, whereas a half sovereign holds half of this amount – 3.661 grams (0.1177 troy ounces) of pure gold. This difference in gold content makes full sovereigns more valuable than half sovereigns, as they have a higher weight of gold.
How much pure gold is in a half sovereign? ›Half Sovereigns have been minted since 1817, introduced in the aftermath of the Napoleonic Wars and struck to the same specifications ever since. These gold coins are composed of 3.99 grams of 22 carat gold (that's a pure gold weight of 3.66 grams or . 1176 troy ounces).
What years are half sovereigns rare? ›It is an important coin on many fronts. That Australia struck its last half sovereign in 1918 makes it a highly historical date. The coin signals the end of an era. And it is extremely rare.
Are sovereigns worth more than gold? ›All Sovereigns will have a base value as pure gold bullion, but many collectible coins will far exceed this price. For example, the King George III 1819 Sovereign - of which only ten are now known to exist. As a result of their scarcity they command extraordinary prices, even when in relatively poor condition.
What coin is worth $1000000? ›1803 Draped Bust Silver Dollar - This is one of the rarest and most valuable coins, and only four of them are known to exist. Each of these coins are worth around $1 million if they are in good condition.
What is the rarest US coins? ›1. 1849 Double Eagle Gold Coin. With just one coin currently in existence, the gold 1849 Double Eagle is considered the rarest and most valuable coin in U.S. history. It's one of just two trial pieces that marked the era of the $20 coins, which were nicknamed Double Eagles.
What British coins were in 1896? ›Eight Coins Issued
Not all values of coins are issued every year, it depends on demand, but in 1896, all eight of the normal circulating denominations were issued, namely halfcrown, penny, half penny, florin, shilling, farthing, sixpence and silver threepence.
The Queen Victoria Sovereign coin is highly collectible, but other gold and silver Victorian coin types include the shilling, florin and crown.
What is the difference between gold and Sovereign gold? ›
Unlike physical gold, SGBs are a safe investment option as it is dematerialised and, it is devoid of risks of loss involved in hazards of safekeeping or storing of gold, issues around making charges of jewellery and purity of gold purchased.
Are gold Sovereigns pure gold? ›All Sovereigns have a fineness of 916.7, meaning out of 1000 parts, that is how many are pure gold, or a purity of 91.67%. This has been the purity and weight of gold Sovereigns since 1817, when the coin was reintroduced to Britain.
What carat gold is a Victorian sovereign? ›What carat is a gold Sovereign? Gold Sovereigns are made of 22 carat gold. They have a fineness of 916.7, meaning that out of one thousand parts, 91.67% is pure gold. The remaining 8.33% is copper, except for certain Victorian Sovereigns which also contain a small amount of silver.
Why are some gold Sovereigns pink? ›Modern full Sovereigns are struck to the same specifications as they were in 1817: 7.98 grams of 22 carat gold. A trace of copper strengthens the Sovereign and lends it a distinct pinkish tone.
What is the difference between a gold sovereign and a double sovereign? ›Gold Double Sovereign Specifications
This equates to a pure gold weight of 14.85 grams or . 4708 troy ounces of pure gold. Double Sovereigns offer twice the amount of gold as their smaller cousin, the 'full' Sovereign, which weighs 7.98 grams.
| Amount | Today at 11:16 pm |
|---|---|
| 1 CSOV | $0.0049 |
| 5 CSOV | $0.0247 |
| 10 CSOV | $0.0494 |
| 50 CSOV | $0.2470 |
| United Kingdom | |
| Value | £1 |
| Mass | 7.98805 g |
| Diameter | 22.0 mm |
| Obverse | |
|---|---|
A gold sovereign coin is minted in 22ct gold, which means it is made up of 91.67% fine gold. Each sovereign contains 7.32 grams of fine gold.
What happens if you sell Sovereign gold bond? ›If you are selling your gold bonds in the secondary market or selling it to a third person then you are liable to pay tax on your capital gain. Check whether the SGB is liquid or not. If the liquidity is less in the secondary market then you may face problems in selling.
How much is a full Sovereign worth today? ›| Weight | Value | |
|---|---|---|
| Double Sovereign / £2 | 15.98 | £729.61 |
| Full Sovereign | 7.98 | £364.33 |
| Half Sovereign | 3.99 | £182.17 |
| Quarter Sovereign | 2 | £91.26 |
Are older Sovereigns worth more? ›
Gold sovereigns minted in 1604 or before are highly desirable due to their scarcity and rarity value. Bigger and heavier than today's sovereign and made from purer 23-carat gold, their prices are not affected by the market price of gold and they can fetch thousands.
Is it good to buy Sovereign gold? ›Sovereign gold bonds (SGBs) remain the best way to take exposure to gold due to additional 2.5% per annum interest and no capital gains tax, a report by ICICI Direct Research said.
What is the benefit of Sovereign gold? ›One of the many SGB benefits is that it yields an interest of 2.5% per annum. The minimum investment quantity permitted is one gram of gold. For example the issue price of Sovereign Gold Bond Scheme 2022-23 (Series I) for one gram of gold was ₹5,091 which means that is your minimum investment amount.
Can I sell my gold coins to a bank? ›Banks Do Not Accept the Gold Coins Back
This means that you will have to find a jeweler or a pawn shop to sell your gold coins. Also, the jeweler will accept your gold coins at the market price, which is always lower than the price at which you bought them from the banks.
The only treasures you cannot sell to The Sovereigns are Reaper's Bones and Hunter's Call exclusive loot. The Sovereigns refuse to do business with the Reaper's Bones, and they only deliver treasure to Outposts, not Sea Posts.
What is the easiest way to sell gold? ›Selling your gold to a local jewelry store is usually the safest option. You can easily check the rating of each place and make sure you're dealing with a reputable company.
How can you tell if a coin is sovereign? ›Most gold Sovereign coins were produced in London, and since the 1970s in Llantrisant, South Wales. These coins are unmarked, but many had a small mark above year of production to indicate their origin. On some rarer coins these mint marks appear beneath a monarch's neck, a wreath or a shield, as shown below.
How many different gold Sovereigns are there? ›Sizes of the Sovereign
View our Five Sovereign Piece, Double Sovereign, Sovereign, Half Sovereign and Quarter Sovereign coins today.
Half Sovereigns were normally used for special commemorative occasions such as the monarch's birthday. As such, they're also referred to as Commemorative Coins. The Half Sovereign is the best value coin, especially when it comes to its buying price. It is an ideal investment for both collectors and investors.
What is the smallest gold Sovereign? ›The Quarter Sovereign is the smallest coin in The Sovereign series and offers investors and collectors an accessible entry to this renowned coin series.
Do gold Sovereigns tarnish? ›
Gold doesn't corrode or tarnish, so it will stay bright when looked after well. However, don't store gold with silver or with any tarnished metal.
How much is a gold sovereign worth today? ›| QTY | Net Per Unit | Gross Per Unit |
|---|---|---|
| 1+ | £422.80 | £422.80 |
| 2+ | £422.10 | £422.10 |
| 5+ | £421.60 | £421.60 |
| 10+ | £418.50 | £418.50 |
| QTY | Net Per Unit | Gross Per Unit |
|---|---|---|
| 1+ | £536.30 | £536.30 |
| Qty | Each | From |
|---|---|---|
| 1 | £415.56 | £415.56 |
| 2 - 4 | £413.70 | £827.40 |
| 5 - 9 | £411.84 | £2059.22 |
| 10 - 24 | £410.92 | £4109.17 |
| Date | Mintmark | Price $ |
|---|---|---|
| 1895 | L | $575 |
| 1895 | M | $575 |
| 1895 | M | $550 |
| 1895 | S | $575 |
Since the Sovereign can carry a numismatic value as well as its value in gold, it's best to sell your Sovereign gold coins to a reputable gold dealer. This will ensure you receive a fair price that reflects the gold content and the numismatic value of the coin.
What is the difference between gold and sovereign gold? ›Unlike physical gold, SGBs are a safe investment option as it is dematerialised and, it is devoid of risks of loss involved in hazards of safekeeping or storing of gold, issues around making charges of jewellery and purity of gold purchased.
Are coins from 1886 worth anything? ›According to the NGC Price Guide, as of May 2023, a Morgan Dollar from 1886 in circulated condition is worth between $34.50 and $63. However, on the open market 1886 Silver Dollars in pristine, uncirculated condition sell for as much as $16500.
What is the proof of a 1986 gold sovereign? ›This includes the 1986 Gold Proof Sovereign. 22 Carat Gold is the equivalent to a purity of 91.6% or a fineness of . 917. This means that each 1986 Gold Proof Sovereign contains an excellent 7.32 grams or 0.2354 troy ounces of pure gold.
How much does a Queen Victoria sovereign weigh? ›Recent Gold Sovereigns maintain the same specifications as their historic predecessors: 22 carat gold, a diameter of 22.0 millimetres and a total weight of 7.98805 grams.
What is the most expensive sovereign sold? ›
The most valuable gold sovereign is the 1920 sovereign minted in Sydney. A high-grade version of this coin recently sold in June 2021 in Monaco for €942,400 (AU$1.48 million). This is a world-record price for a gold sovereign.
How many ounces of pure gold are in a sovereign? ›For example, The Sovereign gold bullion coin weighs 0.2354 troy ounces, whilst the Half Sovereign coin weighs 0.1177 troy ounces. The Royal Mint also sells gold, silver and platinum bars.
What carat gold is a full sovereign? ›Modern Sovereigns weigh 7.99 grams in total. The Gold content is 7.32 grams or 0.916 of the coin. The coins are therefore . 916 pure or 22 carat.
How much is a Queen Elizabeth sovereign? ›Like all British Sovereign coins the Queen Elizabeth Memorial Sovereign is UK legal tender with a value of £1 and is therefore exempt from Capital Gains Tax (CGT). The obverse of the coin showcases a detailed portrait of King Charles III by Martin Jennings, the first time His Majesty has appeared on the series.
Is a full sovereign worth more than a half sovereign? ›Higher gold value: A full sovereign contains 7.322 grams (0.2354 troy ounces) of pure gold, double the gold content of a half sovereign. As a result, the full sovereign generally holds a higher market value.