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Some new gold bullion

These just came in yesterday, 1911 and '18 Sydney ,1925 South Africa, and 1910 and '15 London, all Sovereigns.

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Comments

  • OnlyGoldIsMoneyOnlyGoldIsMoney Posts: 3,537 ✭✭✭✭✭
    JCM, those are nice sovereigns. image

    I've noticed that 1/2 sovs and sovs don't command steep premiums.
  • JCMhoustonJCMhouston Posts: 5,306 ✭✭✭
    Your are correct, and that's the reason I buy them. I have been able to get these and a bunch of 1925's in MS66 for 5-10% over melt so I have developed a liking for them. The earlier Victoria pieces are starting to get significant premiums now though. The other I like for the low premiums are the Swiss and French (Rooster) 20 franc pieces.
  • CaptHenwayCaptHenway Posts: 33,672 ✭✭✭✭✭
    I love Sovereigns, but may I ask a serious question? Why bother to have them slabbed? They're just pretty bullion.
    TD
    Numismatist. 54 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Also won the PNG's Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
  • PerryHallPerryHall Posts: 47,442 ✭✭✭✭✭


    << <i>I love Sovereigns, but may I ask a serious question? Why bother to have them slabbed? They're just pretty bullion.
    TD >>



    I think they came already slabbed when he bought them. The person who originally slabbed them probably did so as a marketing tool since sovereigns have been heavily counterfeited.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • JCMhoustonJCMhouston Posts: 5,306 ✭✭✭
    Perry is correct, I don't get them slabbed, just buy them that way. As long as I buy the 64 and up grades for 10% or less over melt I feel like it is cheap insurance, and hopefully makes it easier to get a realistic price for them if I ever need to sell them. But for the people that do slab them it seems like a smarter thing than slabbing modern Eagles and such.
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