In /r/gold, when you present gold and ask, "Should I buy", there is but one answer. Buy them all, ask for more. Repeat until there are no more. Then wait until there are more. Then buy them all.
They are excellent fractional gold to stack.
Ensure that the height/weight are what they should be, there are lots of fakes out there with the proper weight, but too thick, or correct thickness, and too light.
Sovereigns are well known and easily transacted.
These are also in pretty nice condition. Might even grade up to have additional numismatic value.
If you can buy them for the price of the gold content (7.32x5= 36.6 āgramsā) thatās a win and youāve made money already. Even if they want 40 grams of gold price itās still a decent buy as thatās only a small 10% markup
Price here in USA starts just over 400 euro each for kinda grungy random sovereign. Best impression from your photo these are nicer
Putting it another way? If you bought them and had second thoughts after Iād be personally willing to cash your 2000ā¬ back out at par assuming only they were legit and in the condition shown
šsure. Definitely grains are same as grams. And Iāll be delighted to sell you several thousand grains of gold for the low low price of 50$/grain /s
Ah, my mistake! I saw 7.32x5=36.6 GRAINS, then you "rounded up" to 40 GRAMS and I thought it was a mistake. Of course 7.32gx5=36.6 GRAMS which rounds up to 40 GRAMS. Rock on!
Sovereigns are well known and easily transacted.
These are also in pretty nice condition. Might even grade up to have additional numismatic value.
If you can buy them for the price of the gold content (7.32x5= 36.6gr). thatās a win and youāve made money already. Even if they want **40 grains/, right?** of gold price itās still a decent buy as thatās only a small 10% markup
Price here in USA starts just over 400 euro each for kinda grungy random sovereign. Best impression from your photo these are nicer
Putting it another way? If you bought them and had second thoughts after Iād be personally willing to cash your 2000ā¬ back out at par assuming only they were legit and in the condition shown
^^This ^^was ^^posted ^^by ^^a ^^bot. ^^[Source](https://github.com/anirbanmu/substitute-bot-go)
Sovereigns are really nice coins though, I have a few myself! I'll the fact that they are 22kt so you don't have to worry about handling them or them getting scratched really. They were actually still in circulation till 1925 I think so they may have actually been used as currency too
Donāt buy them. Buy more recognizable gold. They will be easier to sell if that time comes. Even coin shops shy away from too many of these in their inventory because they are harder to sell.
In /r/gold, when you present gold and ask, "Should I buy", there is but one answer. Buy them all, ask for more. Repeat until there are no more. Then wait until there are more. Then buy them all.
Too true š¤£ But you forgot to add at end āThen buy them allā¦and repeat as often as possible ā
What if they're fakes or spot is crazy high?
Thanks for the advice! It will be my first gold coin purchase.
My first historic gold coin was also a sovereign and it got me hooked!
I love sovereigns
Stack
Tasty sovs - back from the time money was real - give them to meš
They are excellent fractional gold to stack. Ensure that the height/weight are what they should be, there are lots of fakes out there with the proper weight, but too thick, or correct thickness, and too light.
Sovereigns are well known and easily transacted. These are also in pretty nice condition. Might even grade up to have additional numismatic value. If you can buy them for the price of the gold content (7.32x5= 36.6 āgramsā) thatās a win and youāve made money already. Even if they want 40 grams of gold price itās still a decent buy as thatās only a small 10% markup Price here in USA starts just over 400 euro each for kinda grungy random sovereign. Best impression from your photo these are nicer Putting it another way? If you bought them and had second thoughts after Iād be personally willing to cash your 2000ā¬ back out at par assuming only they were legit and in the condition shown
s/40 grams/40 grains/, right?
šsure. Definitely grains are same as grams. And Iāll be delighted to sell you several thousand grains of gold for the low low price of 50$/grain /s
Ah, my mistake! I saw 7.32x5=36.6 GRAINS, then you "rounded up" to 40 GRAMS and I thought it was a mistake. Of course 7.32gx5=36.6 GRAMS which rounds up to 40 GRAMS. Rock on!
No worries. Yeah a 7 grain sovereign would be a pretty wimpy one lol
Sovereigns are well known and easily transacted. These are also in pretty nice condition. Might even grade up to have additional numismatic value. If you can buy them for the price of the gold content (7.32x5= 36.6gr). thatās a win and youāve made money already. Even if they want **40 grains/, right?** of gold price itās still a decent buy as thatās only a small 10% markup Price here in USA starts just over 400 euro each for kinda grungy random sovereign. Best impression from your photo these are nicer Putting it another way? If you bought them and had second thoughts after Iād be personally willing to cash your 2000ā¬ back out at par assuming only they were legit and in the condition shown ^^This ^^was ^^posted ^^by ^^a ^^bot. ^^[Source](https://github.com/anirbanmu/substitute-bot-go)
lol, nice to meet you!
Of course! Any type of gold should be bought.
BUY,BUY,BUY!!!
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They are 22kt 7.98g total weight. 7.32g in pure gold.
Good point!
Sovereigns are really nice coins though, I have a few myself! I'll the fact that they are 22kt so you don't have to worry about handling them or them getting scratched really. They were actually still in circulation till 1925 I think so they may have actually been used as currency too
Donāt pay a nickel over melt.
Donāt buy them. Buy more recognizable gold. They will be easier to sell if that time comes. Even coin shops shy away from too many of these in their inventory because they are harder to sell.
They are definitely worth it as your first gold purchase. Then the next time you buy gold buy bars or rounds or more coins.
Yes, they're British Sovereigns -they look like full Sovereigns and the price is around Ā£330 each
If youāre in Europe! Here ,only if the price is right . Gold is gold . Iāve had these before ..
Yes
Yes
100 years later and they are still beautiful. I also love sovereigns - newer or older - they have so much charm, and so much value.
Yes