Stuntman

It's absolutely not genuine I'm afraid.

I'm sycamore ideas like that for releasing sovereigns... On a serious note - as @GoldDiggerDave points out, the 2018 Brilliant Uncirculated SOTD sovereign is of proof quality. The same goes for the Brilliant Uncirculated quintuple sovereigns of 2017 and 2018. I presume that the 2017 SOTD sovereign is of similar quality. For that reason alone I think the 2017 and 2018 coins are worth collecting. But I'm not a fan of these coins in general.

@LawrenceChard probably has several of those. And there's a very good chip shop opposite their showoom!

I don't think there are/were any matte ones either. EDIT: looking at the pictures of the coin in the link, that's just a normal currency sixpence of the withdrawn type, worth about £10 to no more than £15 maybe. Plenty around in similar or better grade.

The analyst's name is Kelvin Wong, and he's bearish on gold. Wonger returns??

I don't have a definitive list, but the following have definitely been produced by the Royal Mint in 1/4 oz Bullion: Some Lunar Series coins, such as 2016 Year of the Monkey and a few others Gold Standard coins - in 2016, 2018, 2019 and 2020 I think from memory The 10 individual Queen's Beast coins, but not the Completer The Tudor Beasts coins - four so far, Lion, Yale, Bull, Unicorn The 2023 Coronation Cypher coin (there are probably some other coins apart from the Britannia that I have missed) Personally I like the Gold Standard coin design, most of the QB coins and the Coronation cypher design. Be careful about the premiums though, sovereigns are a more sensible choice from a stacking point of view in my opinion when it comes to coins of this size.

I'd be surprised if the spot price of gold went back below £1200 and would probably look to buy at all prices below £1350.

Personally I'd consider buying them a 2023 Coronation bullion sovereign - after all, it will be their own Golden Jubilee sovereign. I turned 50 a few years ago and used it as a justifiable excuse to buy whatever gold coin minted in the year I turned 50 that I liked the look of, and could afford. My godson has just turned 18, and to mark the occasion I've bought him a 2023 sovereign rather than a 2005.

On balance, I think these new definitives are a decent set of designs and I particularly look forward to finding nice examples of the 2p, 50p and £1 in change. Found my first 2022-dated KCIII 50p in change a couple of weeks ago - I like that design as well.

I think the Griffin looks decent enough for a bullion coin and it appears a bit better than the Lion. The Lion appears to have some incuse marks behind the Queen's neck and another one under her chin, but these may be a trick of the light. Still nice coins...

You have two factors in play: the underlying gold price in USD and then the GBP/USD exchange rate. Some people think that the pound is currently quite weak against the dollar, which, as you say would reduce the price of gold in GBP if the pound were to strengthen against the dollar. Some people think that the spot price of gold is undervalued in USD terms, and may increase over the next year or two. Personally I see more upside potential in the gold price compared to the downside potential on the exchange rate and would consider buying if (a) I had the spare cash and (b) didn't have an existing holding.

Reasons why I'm happy to be stacking/collecting PMs include: Having some beautifully-designed coins and bars, to enjoy looking at from time to time Owning something that can be turned into cash relatively easily, should the need arise Appreciating the heft and density of these metals - gold and platinum coins/bars in particular, but also the 10 oz and 1 kg silver items The fact that they provide a bit of diversification compared to other investments and collectables that I may have And this place!

I think it might appeal to a Britannia collector as a specific curio, but to the vast majority of stackers/collectors it is more likely to be perceived as an annoying anomaly. Personally I wouldn't pay more than the price of a standard current year bullion Britannia for one.

Either the 1841 or the 1908C I suspect.

Here's a link to the relevant thread on the Forum 🙂

Maybe think about buying a 1 oz Britannia gold bar, or the forthcoming 1 oz Coronation bar. Sell a Brit or two if you need to. But otherwise, I'd also say keep the coins.

Yep. I did so on last year's return when I sold an asset (not precious metals) and made a gain. Paid my tax, helps me sleep at night knowing that I'm basically an honest human being.

I don't think any notification to HMRC about buying gold should affect any tax rebate you currently receive. I fill in an income tax self assessment return every year and any precious metal purchases that I have made are not relevant to this return. If I sold precious metals that were not exempt from CGT, I would of course declare them on my return if I had made a chargeable gain.

Don't worry about them telling HMRC. If you're going to be spending about £1000 per month stacking gold, best to keep it above board and just jump through the hoops. I don't really see it as a being a problem and it makes it easy to keep transacting. Alternatively, spread your purchases between several reputable dealers.

Personally if my aim was stacking for value, I'd wait until I had enough money in the budget to buy a sovereign, and then buy them as and when I could afford.

Some people wouldn't know any better. Their coin, their rules... but obviously to the detriment of resale 🙂

I'd say there's a big difference between coins that are intended for circulation, and coins that are not intended for circulation. In the case of circulating currency coins, such as 50p, £1 or £2 coins that you'd get from a bank or receive in change - these coins do still get removed from circulation and can be found in various grades depending on how well-circulated they were, before someone decided to keep them. Think of Kew Gardens 50p coins or the Commonwealth Games £2 coins as good examples of these. I wouldn't baby these coins at all, just pick them up by their edges and enjoy interacting with them. Same with all my predecimal coins dating back to the 17th century, I just pick these up (taking care of them when doing so), and enjoy examining them. For the non-circulating coins, they are aimed at the collector market from the start, even if some of these 'collectors' are bullion stackers. They are intended to be alternative investments and/or collectable items, with a minimum intrinsic value linked to the spot price of the particular metal and a maximum value depending on how hot the market for the item is at the current time. The audience for these coins would prefer them to be as high quality as possible, but it doesn't mean that you can't or shouldn't just enjoy holding them and interacting them as 'just coins'. They are yours to do as you see fit. Many people like playing with them, so to speak, and why not. But if you want to maximise your chances of selling them for the best price, look after them. Personally I keep these kind of coins in Quadrum capsules and enjoy them in that state. I don't feel I'm missing out on any joy of interaction with them, but if I did, I'd perhaps just have one or two bog-standard sovereigns/Britannias to play with, and plan to sell them to a dealer as bullion when the time is right. In summary it's horses for courses and there's a coin for everyone out there!

To start with, perhaps decide if you expect to be in this for the short haul or the long haul. For instance, if you just want to own a lovely shiny gold coin (and that's a very admirable wish) but don't particularly want to have loads and loads of coins, perhaps think about a 1oz gold bullion Britannia coin. That's probably the best way to get in with the lowest premium over the spot price of gold if buying new from a dealer, and likely to command close to the spot price of gold if you were to sell it to a dealer. Plus, it's a nice size to hold and admire, and it's 99.99% pure gold and looks exactly as you would want it to. That would be money well spent, but it's quite a lot of money. If you're in it for the long haul, then decide whether you want to stack (mainly all about value) or collect (mainly all about the pleasure of what you own). If stacking, sovereigns and Britannias are often recommended for good reason (low premiums, sovs are cheaper to buy and sell and hence more liquid, exempt from CGT if you're a UK taxpayer). If collecting, buy what takes your fancy and keep an eye on the additional premiums you may end up paying. Your first coin in either case might well be a current year sovereign. But as already noted, it looks like rose gold (still nice) and it's not as impressive an item in hand. I started properly with a 1 oz gold bullion UK coin back in 2017, although I had previously managed to win a few sovereigns in a previous sporting life and then collected a couple more. If I could only keep a few of my bullion gold coins, they would probably all be 1 oz. I'm mostly done collecting /stacking now, as my financial circumstances have changed in the wrong direction! Your first coin will be special, whatever you decide.

I think that if, say, the 1oz Coronation bullion coin range was sold at the same price as bog-standard 1 oz Britannias - then fair enough, accept the coins as one unit of bullion. But they are priced at a fairly significant premium versus a bog-standard Britannia because of their limited mintages and their one-off design. It's a tricky one. I also haven't returned a bullion coin that I've purchased new from a dealer or the RM (apart from one instance with the RM when the coin was completely jammed in its capsule and I couldn't get it out without risking damage to the coin. Took more than 3 months to get a replacement and I had to chase them up several times...). Basically I tend to accept it as luck of the draw. Thankfully, most of what I have received has been acceptable.

I'd probably look at 10 oz silver coins rather than 1 kg silver coins. In my opinion they have better proportions, and you could get three different ones for the price of the 1 kg Britannia and still have some change. The kilo coin is an impressive lump of metal but I think it looks more like a cylinder than it does a coin. Depends what floats your boat I suppose!