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2020 India mint sovereign


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From what I learnt from some sources in India, most of the 2020 India Sovereigns have been held back for a couple years because of some gold deposit scheme.  Sort of like an institution retaining the physical gold on behalf of (bulk?) purchasers.  These coins will apparently be more freely available for sale in a few years once the deposit scheme ends.

IMO it’s a reasonable explanation for why they seem scarce right now.  Don’t hold me to this though. 🙂

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1 minute ago, GoldDiggerDave said:

@modofantasma as far as I can work out the 2020 is very scarce, they do seam to sell very fast especially the graded ones of all years 

Thanks. That's interesting to know. So even though they're a bullion finish they often attract a sizeable premium

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