2002 shield back Sovereign

[SamGibsonBJJ]

I saw that with the price rise in gold the premium on this coin didn't rise too much so I bought one. Do you guys think this will be a good coin to keep have in the future due to the popularity of the Victoria shield back Sovereigns?

[Scootermuppet]

Have to admit I do like the look of those - quite like the unusual/different when it comes to coins, so the sovereigns with the non standard designs on do appeal…

Like the 2002, 2005 & 2012 - and the 1989, but I know I’ll never have one of those! 😂 2022 looks nice too IMHO…

Have been eyeing up a 2002 half sovereign (or a 2005 or 2012) and they all seem to be just a bit above a ‘standard’ bullion sovereign in price 🤔 As to whether they  would be a good coin to have in the future? I’d say any gold coin will be good to have ☺️ at least it’ll preserve your wealth in the face of inflation, at best it’ll appreciate in value - seems a no brainer to me 😉

Will be getting some myself eventually, making do with some nice silver coins for now, then possibly sell & ‘level up’ to some of the yellow stuff.

And I’m a firm believer in ‘buy what you like’ - if it makes a few quid, it’s a bonus 😁👍

Bob

[Robda1986]

Not overly keen on the colour of the 2002 could have done being a bit more gold rather than copper but even so I'd pick a sheild over a bog standard sov any day of the week 

[Scootermuppet]

Have to agree with the colour thing - but the fact it’s a different design cancels that out for me 😊

And the fact a Victoria shield back would be more expensive!  Plus, I wouldn’t know a good one if I saw it (generic problem with older sovereigns for me) at least I know a packaged one would be in pretty good condition 😁

…and on the subject of packaging, that reminds me of a question I was going to ask - would removing such a coin from its original packaging and placing in a flip (gloved hands of course! 😏) affect its value in any way?

I have my 50ps in 2x2 flips, and the OCD side of my nature would want to put any gold coins in them too so they fit in my album 🤭😂

Wouldn’t dream of removing a Proof coin - but won’t have one of those anytime soon! - but a bullion one would seem acceptable to me…🤔

[Robda1986]

7 hours ago, Scootermuppet said:

Have to agree with the colour thing - but the fact it’s a different design cancels that out for me 😊

And the fact a Victoria shield back would be more expensive!  Plus, I wouldn’t know a good one if I saw it (generic problem with older sovereigns for me) at least I know a packaged one would be in pretty good condition 😁

…and on the subject of packaging, that reminds me of a question I was going to ask - would removing such a coin from its original packaging and placing in a flip (gloved hands of course! 😏) affect its value in any way?

I have my 50ps in 2x2 flips, and the OCD side of my nature would want to put any gold coins in them too so they fit in my album 🤭😂

Wouldn’t dream of removing a Proof coin - but won’t have one of those anytime soon! - but a bullion one would seem acceptable to me…🤔

I wouldn't chance a flip personally if you do though put it in a capsule then put that in a flip removes chances of it getting dinged up if someone later on flips through the album and means the coin can be removed from the album without touching it

[Scootermuppet]

Point taken - but trust me, no one will be flipping through the album, it’s just somewhere to store my coins. If I do show anyone, it’ll be me turning the pages 😁😂

I was more concerned with the physical removal from the original packaging - you’d think it wouldn’t make much (if any ) difference for bullion coins, so I thought I’d see what everyone thought?

Just planning ahead for when I get around to getting some gold 😁👍

[Robda1986]

3 hours ago, Scootermuppet said:

Point taken - but trust me, no one will be flipping through the album, it’s just somewhere to store my coins. If I do show anyone, it’ll be me turning the pages 😁😂

I was more concerned with the physical removal from the original packaging - you’d think it wouldn’t make much (if any ) difference for bullion coins, so I thought I’d see what everyone thought?

Just planning ahead for when I get around to getting some gold 😁👍

Gold is a slippery slope you go from I'm only buying low premium to ooo a goldback and on to premium sovereigns faster than you can think lol trust me I know 😅