Richym99

Recently purchased a 2007 proof full sovereign off @ChardsCoinandBullionDealer and read the description of the changes to the reverse, which makes it another unique sovereign. (2008 they made further changes). https://www.chards.co.uk/2007-gold-sovereign-elizabeth-ii-proof-london/303 Thought it would be interesting to offer the comparison they made between the 2000 and 2007 visually.

With the price of gold predicted to rise sharply, I have made the effort to buy as quickly as possible to start off. Buying as many sovereigns now as you can afford to buy will get you the highest return on them in your timeframe. If gold price plateaus, say in a couple of years, any you buy after then may not show the same return. Sadly, the likes of you and I are starting at a time when gold prices are already high compared.

I bought my first in Mid March. My next will be my 40th. And you think you have a problem. 😂

The postman has been generous over the past two days. 2001/3 and 6 proof sovs from a private seller, the 2007 with the remastered reverse from ChardsCoinandBullionDealer and my success from the coin cabinet auction.

I'm sorry to that sounds like a complete fob off. They've basically told you to go away for three to five years and then they will sell it. I bet they will make no guarantee of a profit though, but you can guarantee that even if they sell at a loss, they will still take their 10% or whatever they take. Gold has gone up £400 an ounce in 5 years. At the same growth rate in five years time you will be looking at £450 sovereign spot price. On the bright side, at least you didn't go for their 2019 MS69 sovereign which looks remarkably like a Britannia , weighs 25g and costs £2000.

That wasn't a suggestion to the OP Lawrence. Merely an ilustration of how much better selling on here would be for him. Of course, some companies may offer more generous terms. 😉

The only advantage I can see is if you want them graded you can guarantee they haven't been handled. The real downside is that they scratch easily.

I would sell on ebay now, but occasionally you get something you can make something of. Agree though that Ebay have shot their bolt with the latest grab for fees. They make it sound like a benefit, but the reality is that removing Paypal still increases their take by two percent of selling price.

Definitely could do with better images. The better the image, the more info you give buyers as to it's condition. With those, you can barely tell the year. A camera that will take macro images helps.

Talking to the owner of Bullionforless in Cardiff the other day, he revealed that he sells unspecified (ie lucky dip) sovs for about £345, but buys at 4% below spot. I suspect most will be similar.

Noticeable the prices the full sovereigns were going for today. I can't recall any going for below £380 that weren't condition compromised.

Sell on here without doubt. If you ask a fair price, you will get exactly what you ask. I sold a 1912M today for £335 inc Spec Del. Go to a dealer, you are unlikely to be offered more than a couple of percent below spot. Unlikely more than £300. Put it on ebay and to get £330, you will have to sell for about £380 to cover the fees of about 15% final sale. Alternatively, put it in an auction with 10% sellers fees and cross your fingers, while waiting several weeks.

Thanks for putting this out this morning. I had no idea it was happening, but found one sov I was interested in, and managed to get it

Beautiful coin. I can finally see where the additional line on the ribbon actually is. I bet it set you back a pretty penny mind.

I was told by Louise at Coins of the Realm that the turn around is generally about six weeks when I submitted coins for conservation and grading last week. You should know how they have been graded before that time. If you go through CoR, they do all the leg work for you.

I didn't even notice that. Mind you, it doesn't matter as they charge the same for all the EIi bullion sovs, or any others for that matter.

We've all been undercharging for our sovs, obviously. If only we could sell gold coins @ £3,825 per oz. But buy at £1,346 per oz. https://www.windsormint.co.uk/2013-elizabeth-ii-gold-sovereign-uk-2460041?number=UK_2460041 Personally, I don't recommend this deal. Notice the wording that this is a "rare" chance to own a 2013 sovereign.

At least with the NGC, you can get assistance and advice, plus a reduced rate as a TSF member through Coins of the Realm.

Just gone back through $1900 US. When I started looking at gold prices not 3 months ago they were talking of gold dropping through $1700 and carrying on down.

No worries, but I would have to disagree about the use of the word hate. To my mind, it is calling into question disreputable trading practices to highlight them for the less knowledgeable. To put it into context, imagine a relative of yours proudly showing off their "new" shiny 2020! Gold sovereign to you, that the salesman had said was a wonderful investment and a gift for the grandchildren or as part of the inheritance. Would you have the heart to tell him or her that what had been bought was only worth £315, when you see that they had been sold this and price they had paid. https://jubileemint.co.uk/sovereigns/sovereigns-queen-elizabeth-ii/the-united-kingdom-s-new-2020-gold-sovereign.html Probably 90% of the population have no idea whatsoever about the value of gold, or even what a sovereign looks like. They rely on the honesty and integrity of salesmen. Sadly, their trust is often misplaced because of the greed of certain companies like H&B and the one linked above, who trade on people's naivety.

Fair enough. You love it because you get a nice cheap but of gold at spot price and can put up with a bit of shill from their salesmen. But remember, we are not their target audience. Those phone calls and marketing leaflets are aimed at those who know absolutely nothing about gold collecting whatsoever. They are the more elderly with cash to spare. They offer their proof coins at exorbitant prices on the basis of them being a "great investment and something you can pass on to the Grandchildren" (The exact words that were spoken to me by one of their salesmen. My mothed's parther, who is 88, gets almost weekly flyers off them, offering great deals on coins, issued against remote islands like Tristan da Cunha, for many times the intrinsic value and with hardly any resale value, like £300 silver proof piedfort coins I bought on ebay second hand for £100. Great investment indeed. Fortunately, he had the common sense to say no. So yes, it might be good for us, but I bet that for every sovereign sold to us, another is being soldnto somebody totally unaware that they are about to become a target for what is effectively a marketing scam.

I didn't speak to them originally..I was not in a position to answer my phone, which showed up as Jubilee Mint on the caller i.d. I just redialed when I was free because I wanted to know where they got my number from. As far as there prices, it's worse. £795 for Edward VIi sovs too. Bullion 2021 for over £500. 😮

Thankfully I am well familiar with the relationships between them.all, and their lack of any connection to.tge Royal Mint. I have a similar dislike of their tactics, which is why I gave them no quarter when I phoned them. Despite them claiming not to have any record of me on their system, it is obvious I am somewhere. I have told them to check their call logs from today and delete it or else. It is sickening to see them offering things like Victoria jubilee head sovereigns, random date and grade, for £795. Only those who have no idea what they are buying would fall for such "deals".

Maybe a coincidence, although they denied it anyway. I had two phone calls this morning from the Jubilee Mint in Bournemouth. They are pushing a new Alderney proof gold £1 coin on behalf of the RNLI (8gms, 995 minted, yours for the very reasonable sum of £995)🤣 The only place I can think that they got my mobile number was from H&B ( without my consent of course) since I have never done business with any of the Jubilee, Westminster, Commonwealth or London Mint companies, but H&B sell the products from them all. I shouldn't get any more calls after the conversation I just had with them.

"Congratulations. I wonder if you are interested in buying one if our 2021 proof gold sovereigns. A wonderful investment at only £899, or maybe the piedfort proof 2017 at £1999. Super cheap." Expect a phone call.