2020 India mint sovereign

[ShlomoGoldberg]

Hello members, I’m after assistance on mintage number of 2020 India mint sovereigns. Where have they gone?

If you had a ms 69 what would your asking price be?

 Thanks in advance.

[modofantasma]

1 hour ago, ShlomoGoldberg said:

 

If you had a ms 69 what would your asking price be?

https://www.coinarchives.com/w/

There might be some comparable coins there? 

[modofantasma]

For example this came up although the grade is the same it is of 2013. 

 https://www.coinarchives.com/w/lotviewer.php?LotID=5606190&AucID=6388&Lot=177&Val=ca31a9b2da42936c3bd075dd9992712e

[ShlomoGoldberg]

Thank you

[westminstrel]

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. 🙂

[GoldDiggerDave]

Price wise for a MS69 £1,200 ish.  I just picked a 2019i for a steal on here a few days ago, not as scarce but still a gem. 

[LawrenceChard]

4 hours ago, ShlomoGoldberg said:

Where have they gone?

 

Dunno, I haven't got 'em!

😎

[modofantasma]

6 hours ago, GoldDiggerDave said:

Price wise for a MS69 £1,200 ish.  I just picked a 2019i for a steal on here a few days ago, not as scarce but still a gem. 

Are the India sovs of the past couple of years for eg the 2019 worth more due to the mintages or something else?

[GoldDiggerDave]

@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 

[modofantasma]

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

[ShlomoGoldberg]

Pretty penny

https://www.thelondoncoincompany.com/store/2020-I-India-Mint-Mark-Gold-Full-Sovereign-Coin-PCGS-MS69-p466088547

[westminstrel]

17 hours ago, ShlomoGoldberg said:

Pretty penny

https://www.thelondoncoincompany.com/store/2020-I-India-Mint-Mark-Gold-Full-Sovereign-Coin-PCGS-MS69-p466088547

All coins on this website are highly overpriced though. 😏

[ShlomoGoldberg]

Good to know, thanks.