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In his acclaimed reference work The Gold Sovereign (2017 edition), Michael A. Marsh listed a market value of $2,000 for the 1844 issue. By comparison, spot gold in 2017 ranged from a low of $1,150 to a high of $1,349 per ounce, putting the bullion value of a common-date sovereign at approximately $270–$317. This made the published price for the rarer 1844 sovereign roughly 6–8 times higher than that of the most commonly traded dates.
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