FiftyPercentSilver Posted August 21, 2012 Posted August 21, 2012 I'm thinking of getting a gold sovereign and i don't know whether i should get the old design or the new 2012 design - what do you think? Quote
Peter Posted August 22, 2012 Posted August 22, 2012 I'm thinking of getting a gold sovereign and i don't know whether i should get the old design or the new 2012 design - what do you think?Both are bullion value so go with what you like the look of.I sold my sovereigns and kept the guinea's.(I kept 1 sovereign) Quote
SEnumis Posted August 22, 2012 Posted August 22, 2012 2012 will attract a small premium but they are nice coins. Although as they are investments you will need to take into account if the small premium for 2012 will last over the life of the investment. But a sov from 1912 carries the same weight of gold as a sov from 2012. You pays your money and takes your choice - but you'll pay more for the 2012 one. I take it you are buying from a bullion dealer. Quote
DaveG38 Posted August 22, 2012 Posted August 22, 2012 2012 will attract a small premium but they are nice coins. Although as they are investments you will need to take into account if the small premium for 2012 will last over the life of the investment. But a sov from 1912 carries the same weight of gold as a sov from 2012. You pays your money and takes your choice - but you'll pay more for the 2012 one. I take it you are buying from a bullion dealer.I'm not so sure that the normal rules of bullion value apply here. Unless I misread the Royal Mint website, only 2012 of these soverigns have been struck, making them considerbly rarer than any of the other designs in recent years. That's bound to lead to a premium, rather like the 1989 sovereign. However, the RM price is £450, whilst the bullion value is around £250-260, so the question is whether you will see any 'investment' value on the £450 paid. Personally, I doubt it over the medium term of say 10-20 years. After that maybe, but an awful lot depends on what happens to gold prices. Quote
TomGoodheart Posted August 22, 2012 Posted August 22, 2012 Why not something like this?Currently £350, which is, OK, a bit over £100 premium over melt but ... nicer than the modern stuff. Quote
pies Posted August 22, 2012 Posted August 22, 2012 2012 will attract a small premium but they are nice coins. Although as they are investments you will need to take into account if the small premium for 2012 will last over the life of the investment. But a sov from 1912 carries the same weight of gold as a sov from 2012. You pays your money and takes your choice - but you'll pay more for the 2012 one. I take it you are buying from a bullion dealer.I'm not so sure that the normal rules of bullion value apply here. Unless I misread the Royal Mint website, only 2012 of these soverigns have been struck, making them considerbly rarer than any of the other designs in recent years. That's bound to lead to a premium, rather like the 1989 sovereign. However, the RM price is £450, whilst the bullion value is around £250-260, so the question is whether you will see any 'investment' value on the £450 paid. Personally, I doubt it over the medium term of say 10-20 years. After that maybe, but an awful lot depends on what happens to gold prices.I think you have mis read there are 750,000 for bullion.2012 special boxed with COA etc.Plus 5500 proof Quote
DaveG38 Posted August 22, 2012 Posted August 22, 2012 2012 will attract a small premium but they are nice coins. Although as they are investments you will need to take into account if the small premium for 2012 will last over the life of the investment. But a sov from 1912 carries the same weight of gold as a sov from 2012. You pays your money and takes your choice - but you'll pay more for the 2012 one. I take it you are buying from a bullion dealer.I'm not so sure that the normal rules of bullion value apply here. Unless I misread the Royal Mint website, only 2012 of these soverigns have been struck, making them considerbly rarer than any of the other designs in recent years. That's bound to lead to a premium, rather like the 1989 sovereign. However, the RM price is £450, whilst the bullion value is around £250-260, so the question is whether you will see any 'investment' value on the £450 paid. Personally, I doubt it over the medium term of say 10-20 years. After that maybe, but an awful lot depends on what happens to gold prices.I think you have mis read there are 750,000 for bullion.2012 special boxed with COA etc.Plus 5500 proof Thanks for that. You are quite right. A BU sovereign is 'just' £379, still a premium, but better than the £450. I'm not sure how I misread the site, but obviously I have. Quote
pies Posted August 22, 2012 Posted August 22, 2012 you can buy the bullion 21012 from chard for £273http://www.goldsovereigns.co.uk/2012sovereigns.php Quote
TomGoodheart Posted August 22, 2012 Posted August 22, 2012 you can buy the bullion 2012 from chard for £273http://www.goldsovereigns.co.uk/2012sovereigns.phpBullion sovs £252, but I don't know the grade or dates from hattongarden : http://www.hattongardenmetals.com/scrap-gold-prices.aspx Quote
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.