Is The 2023 King Charles III 75th birthday 1/8th gold Sovereign a good buy?

[Blacksmith876]

At £69 plus £5 delivery is this coin a good buy? - https://hattonsoflondon.co.uk/product/the-2023-king-charles-iii-75th-birthday-gold-one-eighth-sovereign/?utm_source=google&utm_medium=cpc&utm_campaign=1020&gad_source=1&gclid=CjwKCAiAmsurBhBvEiwA6e-WPJ1U8qasFKmjfBsPSq_pGEf7F1rKfpDk39JHc_JUPYwciSMApDNRhBoC2gYQAvD_BwE

They are making 3500 I think and I like fractional gold but is this really a better option that a 1g bar?

[Petra]

🤔⛄️just have a look and see what their previous ones have done?⛄️🤔

[Kitalon]

I've been cautioned about these coins from Hattons, see my post above.

Nice if you like them but might not be so easy to move them on when the time comes.

[Britannia47]

I think you mean this one…!

Advice, get a bar. Read comments on Kitalons thread below

 

[pricha]

Aimed at a particular audience .  This sort of stuff gives numismatics a bad name.

[Kitalon]

Michael Buerk has a lot to answer for

NGL at 69 quid I'm still tempted

[James32]

3 minutes ago, Kitalon said:

Michael Buerk has a lot to answer for

NGL at 69 quid I'm still tempted

If you can handle the 47% premium and the fact it will ever only be worth spot at best..then go for it.

[Kitalon]

Possibly. From a purely commemorative basis I mean. They're just collectors pieces. Who knows what they might be worth 30 years down the line, yes probably no more than the gold or sentimental value. I suppose it depends if you enjoy collecting that kind of thing. I definitely wouldn't even consider it at full price, but £69 is tempting and affordable for a smaller budget (perhaps similar to 1/10th Britannias?).

A youtuber I watch actually did an unboxing of a very similar 1/8 sovereign a couple of years ago. It's not really his thing but he was suitably impressed.

 

[James32]

Just now, Kitalon said:

Possibly. From a purely commemorative basis I mean. They're just collectors pieces. Who knows what they might be worth 30 years down the line, yes probably no more than the gold or sentimental value. I suppose it depends if you enjoy collecting that kind of thing. I definitely wouldn't even consider it at full price, but £69 is tempting and affordable for a smaller budget (perhaps similar to 1/10th Britannias?).

A youtuber I watch actually did an unboxing of a very similar 1/8 sovereign a couple of years ago. It's not really his thing but he was suitably impressed.

 

I agree, I've had a few over the years at spot price...they were a couple of excellent designs..but I struggled to shift them when time came for a change. Plus they aren't CGT free and don't appeal to general public for this reason. But @£69 you could buy a lot worse items. 

[fiveshotdon]

don't do it