Gold George 111 guinea 1770

[Willgotthepower]

Hi, I'm new to the forum and have a modest collection I've picked up over the last couple of years. im an absolute newbie to coin collecting but I have a couple of very interesting coins. Anyhow, today I'd like to share with you my George 111 guinea from 1770. Any comments/advice etc would be very much appreciated. I don't know how to grade my own coins yet but I'd conservatively say this was 'fine'. Also what would you guys recommend storage wise for my coin? And as usual the million dollar question-what do you value the coin at?

Thanks in advance and il share my other coins in the very near future...

Will

[Rob]

I think the obverse struggles to make fine, but the reverse retains the detail better. Obviously the key date for the issue, so based on Spink's price of 1100 in Fine say £500-600? It really depends on the demand as there aren't that many guinea collectors, though many will have an example or two. I have no idea about the numbers known which will have a huge bearing on the price.

[Willgotthepower]

Hi rob, thanks for that! I paid in the region for that so I'm happy. Have you any advice as to what I should store it in? Should it be in some acid free paper or some type of capsule etc? Also, I couldn't find any info on handling coins on your site. I notice/have read about not letting the oils from your hands get onto the coins etc and also I see people wearing gloves. Any help would be appreciated...

[Rob]

In that grade and with it being gold, storage is not a problem. Handling care amounts to not dropping it. You can keep your coins safely in acid free envelopes, capsules, a mahogany cabinet, 2x2 flips. As long as you avoid PVC based products you should be ok. These sweat and leach out plasticisers which then react with copper/bronze coins or those containing a significant copper content such as cupro-nickel or 50% silver (British from 1920-1946). They also make the coins sticky.

Handling problems occur with copper and bronze mainly when the fatty acids in finger grease react with the copper leaving permanent fingerprints. Silver is not really a problem in this respect but any proofs should be handled carefully as the fields are like mirrors which means that fingerprints show up easily and cannot be removed.

[CartwheelTwopence]

I personally would be tempted to value it at more £700+, simply because of the scarcity of the coin and the high price of gold. A very good piece - just a shame about the condition!

[mhcoins]

very rare coin i'd give you a £1000 for it

[Willgotthepower]

very rare coin i'd give you a £1000 for it

Seriously? What makes it more rare than other years?

[CartwheelTwopence]

£1000! You must really want that coin! (Take the money!)

[Willgotthepower]

£1000! You must really want that coin! (Take the money!)

Unless he knows something others don't lol?