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TheSilverMagpie
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Received and looking good ! Three more to add to my other years, taking my total to eight bars now 👍
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That is beautiful 🙏
- katyc and SilverAngel
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Is it not the London Mint Assay Office? .. LMAO 🤣
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No. 68 please 👍
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Great to see these released !
Please put me down on the waiting list as I'd love one.
Cheers 👍
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1 minute ago, Clockpuncher said:
They are 22 carat so contain (22/24)*2=1.833g of gold
99/1.833=£54 per gram
current spot is £50.166/g so these trade at a 54/50.166=7.64% premium.
not terrible for fractional but there’s definitely less demand for this type of coin - I’d stick to more main stream stuff!
Yes they are, but they are a fixed price offer that does not fluctuate with the change in spot price. It isn't going to take much of a hike for these to be become "spot offers" at £99. Also, with the price going through the roof and no signs of slowing with the economic forecast ahead, fractional gold may indeed become worth investing in, as it will be easier to move.
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With the price now above £50 per gram , these introductory offers from Hattons are basically spot price quarter sovereigns.
OK, cut through the sales jargon, at the end of the day it's gold !
https://hattonsoflondon.co.uk/product/the-2020-dunkirk-80th-anniversary-gold-quarter-sovereign/
- goldmember44 and isaacyzzz
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Check the price of these "collector Sovereigns" at Bradford Exchange.
Yes, I know they aren't popular choices among Sovereign collectors as such, but gold is gold, and these offers are good in my opinion when you consider current spot.
Investigation into Historic Coin Pricing by The Royal Mint
in General Precious Metals
Posted
It seems the Royal Mint are literally operating a pricing scam here.
They seem to be offering old coins at top premium, which could arguably be fair if the coin received was in extremely fine to mint condition.
To then send out coins that are of a condition no better than fair, extremely worn, is in my opinion,seriously misleading the buyer. This matters more if the buyer isn't really into coin collecting in a serious way, because when that individual does find out, it may put them off the hobby when they realise they've been stung by such a prominent seller as Royal Mint. I see this as "miss-selling a product" and quite literally, scamming the buyer.