Sov's or Brit's

[Nugget]

I will be placing a decent size order shortly but cannot decide between buying Sovereigns or 1oz Britannia's.

What do those more experienced in physical gold suggest?  

I am swaying towards Sovereigns as they are smaller and possibly easier to sell on to people in the future if necessary.  I would imagine more people have £200 spare to buy Sovereigns than £900 to buy a Britannia?!

[Silvergun]

personally i would go for sovereigns they are easier to flip .

[KDave]

Can't recommend either because they are so different but here is my take on it.

If selling to a dealer it does not matter which you buy - when selling they will both have the same premium. Sovereigns have a collectors market so more people to sell to and if buying blind you might get lucky and get some nice historical or collectable coins (more value for your money if you are lucky). Both are CGT free (very important for long term hold).

Sovereigns are fractional so you can sell smaller amounts if you want. Sell a Britannia you are selling a larger amount of value. This can be seen as good or bad depending on your outlook and discipline. 

Sovs are part copper so are less susceptible to wear. Some are very collectable and worth more than spot. 200 years of history to look at and premiums are very low (2% at HGM right now!) Can be a nice hobby collecting them. The new ones look a bit too coppery to me, like heavy shiny penny's so not great but perhaps the colour will change with time.

1 Oz brits are pure bullion - no collectability or chance of numismatic appreciation (IMO - might be wrong but given the way other 1 oz coins go this is what I expect). I prefer the new ones, 4 9's fine gold is very attractive. They feel very nice in hand, nothing quite like an ounce of gold in hand. The new ones will scratch easily so you might feel sad if you damage one of your expensive coins. They are my core holding for gold. I have sovereigns too but they are part of the collection first, gold investment second.

For me I love Britannia's. They are awesome in hand, CGT free, fit 10 in a tube a couple of inches square and you have a lot of wealth in small package. I understand that I am missing out on collectability and potential numismatic gains, but personally when the time comes to sell its just gold, not my collection this way. Easy to be disciplined and not get attached. Just my personal preference. 

[Kman]

Sovereigns 100%, Id probably try my luck getting some older ones, then they might have some numismatic value too

A standard gold Britannia is really no better than a 1oz bar 

Also as you say, sovereigns are a nice amount of  £ in gold and divisible compared to 1 ozer

[morezone]

Unless there is a specific Britannia design you want, then just go for sovereigns.  Premiums are similar and being fractional they are a cheap buy.

[Nugget]

Thx for your input.

Unsure why this has posted twice to the forum - sorry.

[HelpingHands]

When sovs go on sale here they sell quickly.  When 1oz Brits go on sale here they may not sell at all as it requires a large outlay.

There is no harm in getting one though if you just want to have a big gold coin with some sovs too.

[HelpingHands]

53 minutes ago, Nugget said:

Thx for your input.

Unsure why this has posted twice to the forum - sorry.

Merged.

[SilverPirate]

Sov's all day long and twice on Sunday.Unless you want a Brit for the hell of it.

[BaldyBob]

if you prefer the smaller size, what is wrong with 1/4 Brits?

I don't mind owning sovs but....'meh' as the yoofs would say.

[Guest]

Sovs are a good buy and some benefit in the uk in terms of CGT. Britannias have more collectability as proofs and fractionals than the bullion 1oz coins. You could do worse than find some special year Sovs.

Sent from my iPhone using Tapatalk

[sovereignsteve]

 

[Oldun]

Sovereigns all day long. They are FAR easier to carry if needed and their size is the perfect size for wallets etc. If it is good enough for the SAS and airmen, it is good enough for me.

[Pipers]

Both, a mixture.  Have you thought why you want Gold?  If you like coins as a hobby plus investment then mainly sovereigns if you want Gold solely as an investment buy the cheapest at the time. If you are just starting out and you have none buy both to see what suits you best get them as close to spot as you can just to make a decision for yourself.   

Horses for courses,    

[silverin]

Sovereigns - it's a no brainer, although i do own some brits too.

[UKSilver]

On 08/04/2016 at 18:02, Nugget said:

I will be placing a decent size order shortly but cannot decide between buying Sovereigns or 1oz Britannia's.

What do those more experienced in physical gold suggest?  

I am swaying towards Sovereigns as they are smaller and possibly easier to sell on to people in the future if necessary.  I would imagine more people have £200 spare to buy Sovereigns than £900 to buy a Britannia?!

It's definitely an easier entry point especially if your new. Ive just started buying and I chose a Sovereign rather than a Britannia because £200 odd felt like a lot less to part with than £900! 

[Nugget]

Well I'm planning 2kg silver and some gold in next purchase got about 2k to 2.5k to play with. 

The 2kg silver will be coins from EU to go with the other 25 Oz I have. Then rest will be gold. I will then just buy gold at various points until 2017, at which point i will start again with 25 x1 0z  semi numismatics, 2kg silver and rest gold.

I'm not at this point bothered about collector stuff bar the 0.1 Oz gold elephants I'm getting for the kids. Just cheapest way to build. 

There are only a few things an investor can control and costs (or cost vs weight in this case) is one I'm keen to focus on.

Sovereign coins appear to between 2-7% above spot and the Britainnia coins around 5%. So not much in them cost vs weight, but ability to sell to wider audience is firmly in sovereign favour.

Well that's my 2p on it anyway. 

[LittleMan]

Out of the two, I would go Sovs - All day everyday.