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I think it depends on what your goal is. You can always stack silver bars and pursue semi-numi and numi gold. The silver:gold ratio is so off that I think silver needs to rise more or gold will drop to get more in line with historical averages, but who really knows.
I remember reading this thread a while back and found it very helpful.
I've only been looking at QEII/modern sovereigns as it looks a minefield for someone new to the game to purchase coins minted before then. I hope it is OK to ask a few questions on this thread.
I was wondering if there was any point in buying a non-special design proof sovereign or any type of proof box set? From what I've seen the sale prices for them aren't anything to write home about and if there is anything wrong with the coin you're left holding a bullion priced coin which you've paid a proof sovereign price for.
Would it be fair to say that you should always purchase special design proof sovereigns (e.g. 1989/2002/2005/2012/2017) when they are released by the Royal Mint as they appear to hold value/sell for more years later? (Assuming the market for sovereigns hasn't imploded in the mean time!)
If you were just looking for a profit over a long period could you buy up special design proof sovereigns that were below par (a dink on the coin/lost COA/packaging) at a cheap price and then sell them years later? Some of the 1989 sovereigns that are on sale at the moment seem to fall into this category.
Any thoughts would be appreciated.