2021 Proof Half Sovereign

[SilverJacks]

Hi guys,

I was wondering if the new half sovereign is a good investment. With 1500 mintage, but 94% premium with The Royal Mint at £310, Should it be expected to hold its value well? Or could it actually come down in value on the 2nd hand market?

[Chrissyblards1]

Start high and they can knock the price down if it doesn’t sell to make it look a bargain? 

[GoldStatue]

I suspect it would make more sense to add £20 to £30 and buy a full bullion sovereign at the current pricing.

[KevjustKev]

Have dealers got hold of any?

[GoldStatue]

6 minutes ago, tallthinkev said:

Have dealers got hold of any?

Chards have them.

[Chorlton]

As a general rule coins from the royal mint bought as new are available at reduced prices shortly afterwards on the secondary market. There are exceptions to this and also some coins increase in value over time. The key with proof coins is to keep their condition as this is where the value beyond bullion comes from.

[SilverJacks]

Hi Chorlton. My vote was going up, but it seems most disagree. I'm quite glad of this poll, find it quite educational as i'm new to this.