Foster88

You’re right, it didn’t fix the problem. But it did leave behind some of the rarest sovereigns of George V’s reign.

You ask a good question and in previous Jubilee years, 2002 and 2012, the mintage was actually higher than the immediate years before or after. More hype around a Jubilee means more interest, the Royal Mint simply mint more. But the difference with the 2022 Jubilee sovereign in all types, bullion and proof in all denominations and the STOD is that it’s not only the sovereign to mark Britain’s longest reigning monarch but it was also her last and the year she passed just happened to coincide with her Jubilee. Nobody will know the mintage figures for the 2022 bullion sovereign unless the Royal Mint decides to release them which in time I’m sure they will as they usually do.

That’s what I mean’t.

He’s even put photos on so you don’t have to ask for them. 😆

Someone once became a millionaire from selling ‘pet’ rocks. 😆 Good marketing and stupid people can make you a fortune. https://en.m.wikipedia.org/wiki/Pet_Rock

Selling or ‘drop-feeding’? The latter is typically better for business as it creates the FOMO. I’m of course just speaking hypothetically and that might not be what they’re actually doing. They may actually be out of stock.

That was my thinking, hence starting this thread. It’s much easier, I imagine, to sell 4 sovereigns or 8 half sovereigns in the current climate than it would be to sell 1oz of gold. Some people may have a spare £195/£200 ish for a half sovereign or £390/£400 ish for a full sovereign than the few that have £1,600 ish spare for a full 1oz. I use the term ‘ish’ as spot obviously fluctuates but you get the idea.

Bump.

Have a look and you’ll see the 1924 M will come up for sale much more often than the 1924 P. Both are still hard to come by but they are out there. I wish you luck in your search.

This is very true. One that comes to mind is the 1924 Perth sovereign, ‘Marsh’ 2021 has this as ‘Normal’ and the 1924 Melbourne sovereign as ‘Rare’. But, whilst both are seen for sale in the usual places, the 1924 P comes up for sale far less than the 1924 M despite the obvious difference in mintage figures. I think I remember seeing this on @drakesterling website too.

You do realise that you’ve likely just alienated 99.9% of the forum with that statement? Not to mention your replies to your ridiculously inflated price. 100g silver 999 bar should sell for around £75 - £85 ish on the forum, currently. Who are you quoting with your “hurry up and buy”, yourself?

The post from @Sovhead jogged my memory and realised that I remembered a discussion about the Canadian Mint, George V sovereigns maybe around two years ago.

No it wouldn’t be an Indian mint, they were only minted for one year, 1918 and do come up for sale now and again. Most likely the 1917 London mint sovereigns you mean.

One thing to remember is that mintages, whilst helpful, do provide an idea of possible rarity but many sovereigns even with a mintage of 1 million plus can be rarer than a mintage under 500,000. Many have been melted down.

Thanks, I stand corrected It must have been the speculation that more could have been found that I remembered.

The George V Canadian sovereigns were re classed by rarity in the latest Marsh book 2021. I think I read somewhere on here that batches of them had been found in the Canadian mint meaning they were classed as less rare than previously thought. Most of 1928 Melbourne sovereigns were likely melted during the 1930’s where many Australian and London mint sovereigns were used to pay debts and so were melted down. According to the latest Marsh book: 1917 Canada - Rated: C2 very common. 1928 Melbourne - Rated: R2 very rare. Hope this helps.

As we all know, this recent and sudden rise of the gold spot price has left many of us questioning, what next. Is it going to stay? Is this the new normal? So, as percentages over ‘spot’ are being massively squeezed currently, might we see smaller gold coins or small quantities in bar form becoming more popular to buy and sell. By this I mean, Sovereigns, 1/4oz coins, Half Sovereigns, 1/10th oz coins and 1g bars. I don’t want to expand much more because I wonder how you all feel about this. But as ‘spot’ goes up and the squeeze on the cost living rises (robbery), we may see that smaller denominations of gold become more popular and larger gold coins and bars become less unaffordable for most. Have you abandoned a date run? Are you thinking of buying little but more often? I’ll leave this open to you all.

Blimey, £500 per head for a Christmas dinner. I’d rather cook my own and do the washing up for that price. 😆 Does that include a room for the night?

No problem. I just thought I’d tag you as I know you like your ‘chicken’ coins.

@Baroquedream

I think sometimes that spot price depends on your end goal. It’s easy to become a bit fixated with it. If spot was say £1,640 and you sold a standard bullion sovereign at the moment for £400 but you paid £200 for it, you’d have done well, but regardless, how well depends on: A: What you paid. B: What you sell it for. % over spot has been massively squeezed over the past two weeks on the forum. Ultimately it all comes down to what you would be happy with price wise.

At spot price plus delivery, they should sell. That’s a great backdrop to your photos, I love dogs. You might want to maybe hold that offer for 48 hours, don’t forget the markets are frozen for the weekend until 11pm on Sunday night (UK time). So it won’t change before then. That is of course if you want to.

Thank you for the compliment, that’s very kind of you to say. I concur that the community is quite special. Good luck with your sale.

I can sort of see this from both sides. I suppose ‘at times of volatility’ is open to interpretation to what someone might think of as volatility. This past 2-3 weeks I’d agree that the gold price has been all over the place and it has and is a time of volatility. I’m on the fence with that. On a complete side note just to bore you all an elderly relative once said to me as a child whilst having a discussion ‘If you sit on the fence you’ll get splinters in your bum’ I took their word for it as I’ve never actually sat on a fence but I can see this from both sides.

Are you ok? You look cold to the bone. 😆