1 or 2 Sovereigns?

[AaaGee]

Sorry to be so blunt with this question but...

What would be the best way to go investment wise for the future here?

2x 2022 Sovereigns or 1x 2022 £2 double sovereign?

 

Thanks in advance 

 

[dicker]

I think not that much difference.  

I think Chards have an offer on to potentially win a Sov if you buy a 2 Sov

Best

Dicker

[LawrenceChard]

2 hours ago, AaaGee said:

Sorry to be so blunt with this question but...

What would be the best way to go investment wise for the future here?

2x 2022 Sovereigns or 1x 2022 £2 double sovereign?

Thanks in advance 

 

 

2 hours ago, dicker said:

I think not that much difference.  

I think Chards have an offer on to potentially win a Sov if you buy a 2 Sov

Best

Dicker

I was thinking of posting a response, but...

Dicker was quicker!

Besides, bullion sovereigns have been issued in about 200 different years, while bullion double sovereigns have only been issued in about 20, and the total mintage of double sovereigns is probably under a million, whereas total sovereign mintage is in excess of a billion!

😎

[Bruce06]

For appreciation purpose, double sovereign is my choice.  Liquidity wise, sovereign is more common n welcome, coz of its smaller lump sum.  However, one sovereign usually come with a higher premium than double.

[Happypanda88]

When your eyes starts going bad - aren't as sharp as they used to be, then you'll appreciate the double sovereigns more. 😁

In terms of investment, the difference will be negligible.

[TommyTwoShots]

I would go 2 x singles. More options when it comes time to sell. Also when gold doubles in price then people are more likely to afford 750 v 1400

[LawrenceChard]

12 hours ago, Bruce06 said:

For appreciation purpose, double sovereign is my choice.  Liquidity wise, sovereign is more common n welcome, coz of its smaller lump sum.  However, one sovereign usually come with a higher premium than double.

Normally, the premium on double sovereigns is higher than on sovereigns.

It just happens to be that one of Blackpool and the world's leading bullion dealers, has the 2022 DS at a slightly lower premium at the moment.

(Until we sell out!)

... and just try buying a 2023!

😎

[AaaGee]

Thanks for your input everyone.

It seems pretty 50/50 as to what way to go.

Ill probably go for 2 single sovereigns. One soon and one later. Then if later, the whole crisis that is going on catches me up at least ive got the one.

Im punching above my weight buying any gold generally so have to be careful incase anything pops up all of a sudden. In normal times id take the risk. But as there isnt much in 2 singles or 1 double, I'll take the safe option.

 

Thanks again everyone 👍

 

[Stuntman]

Sound like you're definitely making the correct decision, based on what you've written above.

Well done.  

You've been given very good advice too.

[AaaGee]

Im happy to take a (low) risk once in a while but it doesn't jump out that one way is better than the other in this case.

Edited August 31, 2022 by AaaGee

[James32]

2 hours ago, AaaGee said:

Thanks for your input everyone.

It seems pretty 50/50 as to what way to go.

Ill probably go for 2 single sovereigns. One soon and one later. Then if later, the whole crisis that is going on catches me up at least ive got the one.

Im punching above my weight buying any gold generally so have to be careful incase anything pops up all of a sudden. In normal times id take the risk. But as there isnt much in 2 singles or 1 double, I'll take the safe option.

 

Thanks again everyone 👍

 

Here comes "spanner " in the works 😆 buy both singles now if the cash is there! Problem arises down the road then sell one for the needed cash? Can you safely say you will not chip away at the cash between now and then? Sometimes having available cash is more inconvenient than not ( I know that sounds ironic but hopefully you get my point) if I have not made any sense..the just do what my wife does and ignore me😀

[AaaGee]

It made sense 😁.

But I'll be buying one in a couple of weeks. I dont work on Tuesdays so will be ringing my bank to find out when my mortgage comes up for renewal. Then EON to see when my gas n leccy contract expires. That'll let me know if/when i can get no2.

Edited September 1, 2022 by AaaGee
Bad spelling