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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 1842 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 1842 sovereign roughly 6–8 times higher than that of the most commonly traded dates.
This example is the desirable Closed 2 variety, a subtle but important die characteristic that distinguishes it from the more common Open 2. Such details reward close study and speak to the careful craftsmanship of the Royal Mint during the early Victorian period. Graded NGC AU-55, the coin retains strong original detail with only light wear on the highest points.
Its RMS Douro pedigree adds a compelling layer of historical intrigue. Recovered from a 19th-century shipwreck off the coast of Spain, the coin connects Victorian commerce to the hazards of global trade, offering both numismatic interest and tangible maritime history.
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