Britannia’s vs Sovereign’s

[Heirlooms]

Which billion would everyone collect for the long term? I personally favour Britannia’s but wondering whether sovereigns should play a part. Would be great to know everyone’s thoughts 😊

[CryptoSpiridiumZ]

3 minutes ago, Heirlooms said:

Which billion would everyone collect for the long term? I personally favour Britannia’s but wondering whether sovereigns should play a part. Would be great to know everyone’s thoughts 😊

I would collect both because they are fun to collect providing you can find them at decent prices otherwise it's just an expensive hobby. If money wasn't a problem though,  I would probably go for the gold britannia coins and start with the rarest coins working my way through the catalogue. 

[Jvw]

Sovereigns for me. I like to collect many different years and periods and enjoy the history behind each coin/periode.

[Booky586]

Sovereigns have the greatest variety and history making them very collectable. The Britannia doesn't interest me, I see it as a stacker rather than collectable.

Value for money is a key issue too and you can buy some sovereigns closer to spot value than a Brit.

[Roy]

Bullion sovereigns and proof britannias 😊

[SilverDrum]

I was considering this recently, i summed up my decision on CGT benefiting coins and fractional. When/If gold was to reach £10,000 even a sovereign would be asking close to £2500. Would be a (potentially) limited market of buyers other than dealers, but time will tell if we're all still buying at all time highs. 

 

Brits and sovs for me!

[Heirlooms]

10 hours ago, CryptoSpiridiumZ said:

I would collect both because they are fun to collect providing you can find them at decent prices otherwise it's just an expensive hobby. If money wasn't a problem though,  I would probably go for the gold britannia coins and start with the rarest coins working my way through the catalogue. 

Thanks. Definitely want to get into Sovereign's but not sure where to start. Why would you start with the rarest coins for Britannia's?

[Heirlooms]

6 hours ago, Jvw said:

Sovereigns for me. I like to collect many different years and periods and enjoy the history behind each coin/periode.

Need to do some more research on which sovereigns to buy. Was going to just get some 2020 standard bullion ones but not sure if thats the right approach

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Added 0 minutes later...

3 hours ago, Roy said:

Bullion sovereigns and proof britannias 😊

Haven't given proof Britannia's a thought to be honest. Is that what you do?

[Heirlooms]

1 hour ago, SilverDrum said:

I was considering this recently, i summed up my decision on CGT benefiting coins and fractional. When/If gold was to reach £10,000 even a sovereign would be asking close to £2500. Would be a (potentially) limited market of buyers other than dealers, but time will tell if we're all still buying at all time highs. 

 

Brits and sovs for me!

Very good point. I'm pretty new to PMs so thinking whether I just start from 2020 brits and sovs as the premiums are the lowest and work and continue from there or backdate. I've already backdated the QB series and the premiums were eye watering but thought they're only going to get worse over time so bit the bullet

[Roy]

16 minutes ago, Heirlooms said:

Haven't given proof Britannia's a thought to be honest. Is that what you do?

I stack sovereigns and collect proof britannias.

For stacking, the lowest premium coin is best but as I've seen on here many times, four sovereigns will always sell quicker/easier than a 1oz britannia.

[HawkHybrid]

1 hour ago, SilverDrum said:

When/If gold was to reach £10,000 even a sovereign would be asking close to £2500.

 

it doesn't work like that. holding gold is not a get rich quick scheme. gold mostly moves in line with inflation.

whilst there is a difference between size(and hence price per coin) of sovereigns and 1oz britannias, the

market liquidity shouldn't change much over smaller time frames for both coins.

 

HH

[Heirlooms]

10 minutes ago, HawkHybrid said:

 

it doesn't work like that. holding gold is not a get rich quick scheme. gold mostly moves in line with inflation.

whilst there is a difference between size(and hence value per coin) of sovereigns and 1oz britannias, the

market liquidity shouldn't change much over smaller time frames for both coins.

 

HH

You're right but this would only be on the assumption that all things are equal and wages also increased at the rate of inflation which in a many cases over the long term they haven't. It won't be drastically different but in theory Britannia's will become more and more harder to obtain than Sovereign's over time especially over say a 20 year period (correct me if I'm wrong 😊)

[SilverDrum]

11 minutes ago, HawkHybrid said:

 

it doesn't work like that. holding gold is not a get rich quick scheme. gold mostly moves in line with inflation.

whilst there is a difference between size(and hence price per coin) of sovereigns and 1oz britannias, the

market liquidity shouldn't change much over smaller time frames for both coins.

 

HH

Can you explain what you mean? I never said golds a get rich quick scheme, or mentioned inflation.

I mean that if the spot was to go to £10k the value of the metal content would be relative, if inflation happens to not have caught up you would have more people looking at 1/10th brits that before would have been buying 1oz brits beforehand. 

Just an observation, didn't say i knew what i was talking about 🤣

[Heirlooms]

23 minutes ago, Roy said:

I stack sovereigns and collect proof britannias.

For stacking, the lowest premium coin is best but as I've seen on here many times, four sovereigns will always sell quicker/easier than a 1oz britannia.

I hear that. This reminds me of another thought I had. Based on this theory, why Sovereigns over 1/4oz Britannia's?

[HawkHybrid]

14 minutes ago, SilverDrum said:

Can you explain what you mean? I never said golds a get rich quick scheme, or mentioned inflation.

I mean that if the spot was to go to £10k the value of the metal content would be relative, if inflation happens to not have caught up you would have more people looking at 1/10th brits that before would have been buying 1oz brits beforehand. 

Just an observation, didn't say i knew what i was talking about 🤣

 

it takes time for spot to get to £10k and so far gold has mostly risen inline with inflation(plus other bits).

this means you will never get the 6x and everything else eg bread stays the same price. if gold eventually

rises 6x what it is now(£10k) then at the same time bread, wages etc will have risen broadly by 6x. so

people can still afford to pay for a sovereign a month if that is what they could afford before. gold is a

store of value over the longer term. this limits it's maximum swing from it's average rise.

you were implying that britannias will get priced out of peoples budgets(inflation adjusted) if gold reaches

£10k. this is not likely to be the case because it will be a gradual rise towards £10k or any other future

number.

 

HH

[SilverDrum]

Okay now i am clear, thanks for explaining. It is all relative to inflation and gold not deviating from histories trends. 

I still stand by my initial point just in case gold ever doesn't move in line with inflation. 

[Roy]

38 minutes ago, Heirlooms said:

I hear that. This reminds me of another thought I had. Based on this theory, why Sovereigns over 1/4oz Britannia's?

They're more popular! There are far more sovereign collectors than britannia, it's the 'chief coin of the world' after all.

I'll say sovereigns are the best coins to stack, but I don't always follow what I say. It's good/fun to buy other coins too, to keep your interest alive.

Stackers soon become collectors, I don't know of many members who only stack weight? @sixgun maybe, although he is partial to a vintage bar or two 😀

[Heirlooms]

24 minutes ago, Roy said:

They're more popular! There are far more sovereign collectors than britannia, it's the 'chief coin of the world' after all.

I'll say sovereigns are the best coins to stack, but I don't always follow what I say. It's good/fun to buy other coins too, to keep your interest alive.

Stackers soon become collectors, I don't know of many members who only stack weight? @sixgun maybe, although he is partial to a vintage bar or two 😀

Thanks, thought as much, just wanted to triple check! I had the plan to stack Britannia's and supplement with Sovereigns but might need to have a rethink. Stack Sovereigns and supplement with Britannia's

[SilverDrum]

The premium on a Sovereign is also similar to buying a whole 1oz Britannia, much more appealing than the premium on a 1/4 Brit. 

[InvestInCoins888]

They are very different coins...

I see the greatest potential in sovereigns to be honest. The wealth, depth and breath of history in these coins is massive. 

I see Britannia’s as mainly (not exclusively) a bullion coin.

For Investment purposes give me an interesting Sovereign any day! The growth potential is on two fronts, the numismatic premium should keep plodding on despite what’s happening to spot. 

[Foster88]

3 hours ago, Heirlooms said:

Thanks. Definitely want to get into Sovereign's but not sure where to start. Why would you start with the rarest coins for Britannia's?

Sovereigns can definitely be interesting, there are so many varieties with different monarch to different mints.

The young head Victoria shield sovereigns are a favourite of mine and an all round nice coin with lots of history to them.

They don’t seem to come up that often for sale on the forum but there are many other places to buy them if you don’t see many here. I think long term the older, rarer sovereigns will definitely hold and increase in value.

[Heirlooms]

1 hour ago, Foster88 said:

Sovereigns can definitely be interesting, there are so many varieties with different monarch to different mints.

The young head Victoria shield sovereigns are a favourite of mine and an all round nice coin with lots of history to them.

They don’t seem to come up that often for sale on the forum but there are many other places to buy them if you don’t see many here. I think long term the older, rarer sovereigns will definitely hold and increase in value.

Cool, thanks, will check them out. Think I'll slow down on the Britannia accumulation and do some more research into the different types of sovereigns. I've sure there's loads of sources online

[dicker]

I think @Royis right, a stacker soon becomes a collector.  On that basis, it is Sovereigns all the way.  
 

Beautiful coins up to and including Gillick at any rate.  Huge opportunity to collect date runs, Mint runs, oddities and rarities.  
 

Best

Dicker

[Heirlooms]

2 minutes ago, dicker said:

I think @Royis right, a stacker soon becomes a collector.  On that basis, it is Sovereigns all the way.  
 

Beautiful coins up to and including Gillick at any rate.  Huge opportunity to collect date runs, Mint runs, oddities and rarities.  
 

Best

Dicker

Thanks. Been doing some research. Would you start by picking up recent date runs or try and get oddities and rarities? Been seeing some significant dated sovereigns (eg 1989, 2012, 2017) going for hefty premiums. Also, is it safer to go for UK sovereigns or are ones from other countries good to collect also (eg Australia, Canada)?

[dicker]

Personally, I would simply buy good examples of Coins that I like. 
 

For me this is Australian Sovs, Gillicks, Shields but nothing modern.  
 

Errors and oddities are perhaps best tackled when you have good background in the standard coins. But if you like this, go for it!

 

Best

Dicker