eblend

I'd love to have a good, London Mint 1917 sovereign. And, of course, a good George VI. Talking of which, does anybody think this is any good? https://www.ebay.co.uk/itm/234052624280?chn=ps&norover=1&mkevt=1&mkrid=710-134428-41853-0&mkcid=2&itemid=234052624280&targetid=1281240839745&device=c&mktype=pla&googleloc=9045644&poi=&campaignid=12125451266&mkgroupid=122721230877&rlsatarget=aud-629407025025:pla-1281240839745&abcId=9300480&merchantid=6995734&gclid=Cj0KCQjwl_SHBhCQARIsAFIFRVX48lAVxdU9GV6Fho7LuXGRmdaUZ0_kgQkJKpkLBW64NcqQLB_OwGsaAvpTEALw_wcB

I know I'm only a n00b, so can't in any way speak for others around here, but I'd say that you should post whatever you want and whenever the fancy takes you. I can't see that you've done any damage, as far as I can see, and if it does you good, then that's good enough, in my book.

It's not "regardless" but because of ... Gold, as with pretty much all commodities is, in world terms, priced in dollars. If the pound falls against the dollar, the sterling price of dollar valued commodities rises immediately. (Pretty much what Martlet pointed out above.) There was a similar change in the prices of petrol, although that one was partly masked by the fact that the oil price in dollars fell, as it was considered by the markets that the Brexit vote had weakened the whole European trade area.

Speaking purely as a new member here, very much a newbie and still green when it comes to coins, I'm afraid your post, as it was written, did come across, not as "just asking a question" but as rude and whinging. It seems the me that the forum is friendly and welcoming. I haven't, so far, detected a hierarchy, or at least not beyond that which you always get on all forums simply because some member genuinely are experts. I have myself, in my short time here so far, posted a couple of questions, which were interesting to me, to which I didn't receive an answer. I chalk it up to being so much of a newbie that my question itself is probably a stupid one. But I'm learning! Respectfully. Eblend.

The seller lists the "precious metal content" as 3.99gms so I suppose it's supposed to be a half sovereign.

Is it mostly by the same seller?

The article does state that they are protected by the £85k as other bank accounts. I kind of agree with the rest of what you say, except that it still does seem interesting ... If I were a stacker (which I'm not) I might well be interested in this, at least for part of my funds.

Oh, I dunno. It sounds interesting to me. The charges are fairly minimal. I like the idea that one could use it just like a normal bank account, but all the time have whatever is in there linked to the gold price. I definitely wouldn't do it for all my banking, or even the majority, but I might consider it for a part of it.

Slightly off topic ... I have, of course, wanted a 1917 London Mint sovereign for a long time. It would complete my set of 1817, 1857, ... , 1957, 2017 (I know, not 50 years, but there are other reasons 😉). Someone standing in for my account manager at the Royal Mint - a young lad, I think - phoned me up trying to sell me various coins they had, including some guineas that I'm not particularly interested in. He also said that he had some ("some", note) 1917 London Mint sovereigns for £650. I said, "Are you sure?" He must have heard something in my voice, because he said he'd check with his manager. Anyway, it turned out that the coins they were selling for that price were from various mints around the world. They did have a London Mint coin, in reasonable condition ... for £10,500 ... which I thought was more like it ... Ah ... one day ... sigh ...

Absolutely. I like the 1857 ... the 1829 ...

I have a nice 1989 full proof sov. I've never been tempted by half sovs. Is it a different market, or have I just not succumbed yet? 😉

Ah right. Was that the only year?

I don't believe the London Mint issued any sovereigns after the First World War (except the 1937 George VI proof coin) until 1957. I have a 1957 sovereign, graded MS-64. It's a beautiful coin.

Yes, but my point is that their figure seems way too low - by a factor of at least 3 - on any reasonable measure you can find. And if buildings have gone up more, then the figure is even further adrift from where it should be.