British Gold Sovereigns - Prices?

What is a reasonable price for British gold sovereigns?

22 Carats, and 0.2354 try ounce, each.

Yes, I know that these are less efficient that Krugerrands. But
I am trying to figure out how much premium is involved for buying
this smaller amount.

Thanks...


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Ï Ýãñáøå óôï ìÞíõìá
...
What is a reasonable price for British gold sovereigns?

22 Carats, and 0.2354 try ounce, each.

Yes, I know that these are less efficient that Krugerrands. But
I am trying to figure out how much premium is involved for buying
this smaller amount.


Usually bullion plus a 4-6% premium and that's only if they are in great
shape.
Except it's a 1916;-)

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E' mai possibile, oh porco di un cane, che le avventure
in codesto reame debban risolversi tutte con grandi
puttane! F.d.A

Coins, travels and mo http://pg.photos.yahoo.com/ph/golanule/my_photos
http://gogu.enosi.org/index.html

Thanks...


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On Mar 28, 1:49 pm, "gogu" wrote:
Ï Ýãñáøå óôï g...

What is a reasonable price for British gold sovereigns?

22 Carats, and 0.2354 try ounce, each.

Yes, I know that these are less efficient that Krugerrands. But
I am trying to figure out how much premium is involved for buying
this smaller amount.

Usually bullion plus a 4-6% premium and that's only if they are in great
shape.
Except it's a 1916;-)

--

E' mai possibile, oh porco di un cane, che le avventure
in codesto reame debban risolversi tutte con grandi
puttane! F.d.A

Coins, travels and mohttp://pg.photos.yahoo.com/ph/golanu...org/index.html



Thanks...

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I would suggest that $190 to $210 would be an average dealer's selling
price for decent looking Sovereigns (especially Queens). This versus
a melt of about $155. Perhaps Kings might go a little cheaper.

If you are in the States, you could probably buy the American Gold
Eagle Quarter ounce for $185 or so, and get a bit more gold too.

oly

In article ,
wrote:

What is a reasonable price for British gold sovereigns?

22 Carats, and 0.2354 try ounce, each.

Yes, I know that these are less efficient that Krugerrands. But
I am trying to figure out how much premium is involved for buying
this smaller amount.

Thanks...

Depends on the deeler who is selling them ...

A major wholesaler (Dillon Gage), with spot at $666.50
(i. e., melt value $155.48) is quoting

British Sovereign BUY: 153.18 SELL: 163.42

(This is a wholesale spread, so if they even do any
retail sales, there would probably be a lower buy and
a higher sell. FWIW, these quotes are generally for
either modern sovereigns in BU condition, or early
ones in XF/AU condition.)

Prices will vary wildly at local coin shops ... one I work
with frequently doesn't like to bother with furrin gold
and sells them to me at 98 to 99 perzent of melt. Others
try to retail them, asking $175 - $195, and hope a fish
comes along before they give up and wholesale it out ...

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Ken Barr Numismatics
P. O. Box 32541 website: http://www.kenbarr.com
San Jose, CA 95152 (souvenir cards, MPC, Hickey Bros tokens)
408-272-3247 Next show: NCNA Fremont CA 03/31- 04/01 (w/ Mac's Coins)

In article
. com,
says...
On Mar 28, 1:49 pm, "gogu" wrote:
=CF =DD=E3=F1=E1=F8=E5 =F3=F4=EF =EC=DE=ED=
.org...

What is a reasonable price for British gold sovereigns?

22 Carats, and 0.2354 try ounce, each.

Yes, I know that these are less efficient that Krugerrands. But
I am trying to figure out how much premium is involved for buying
this smaller amount.

Usually bullion plus a 4-6% premium and that's only if they are in great
shape.
Except it's a 1916;-)


I would suggest that $190 to $210 would be an average
dealer's selling price


OK, that is semi-reassuring. I was bit concerned. The other day
at my local dealer, there were some for NZ$300. Which is about
US$220.

I wanted to make sure that they were at least in a reasonable
range.


for decent looking Sovereigns


I'm not sure what "decent looking" means. But I'll have a closer
look on a future visit.


(especially Queens). This versus
a melt of about $155. Perhaps Kings might go a little cheaper.


Queen meaning Victoria??? Would modern Elizabeth II versions be
expected to sell for less than the Kings (looks like maybe four
different Kings)?


If you are in the States, you could probably buy the American Gold
Eagle Quarter ounce for $185 or so, and get a bit more gold too.


No, unfortunately, my location has some serious issues with
availability and lack of competition. So I am resigned to paying
some extra premium, compared to US prices.

For example, I just bought some Mercury dimes for the equivalent
of US$1.45 each. And I have seen even higher prices online.
Just for random 1940s - nothing special.

So, anyway, it sounds like my dealer's Sovereigns might be sort
of OK. I'll read a bit more, and then check their dates.

Although I feel rather more confident about continuing with my
silver focus. While I am more suspicious of gold dropping a
significant amount. Also, I have personal issues with currency
exchange rates (at their craptastic peak right now), and maybe
should wait until they swing a little more in my favour.


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On Wed, 28 Mar 2007 10:31:16 -0800, Usenet2007 THE-DOMAIN-IN.SIG wrote:
What is a reasonable price for British gold sovereigns?

5-10 bucks either side of spot, depending on if ou're buying or selling.
If your offer is worse than that, talk to me if you're selling please.

In article ,
says...
On Wed, 28 Mar 2007 10:31:16 -0800, Usenet2007 THE-DOMAIN-IN.SIG wrote:
What is a reasonable price for British gold sovereigns?


5-10 bucks either side of spot,


There seems to be a slight difficulty on designating spot. Since
they are 22 Cararat, and less that a quarter ounce. Which
creates annoyances with calculating for some people. Although it
doesn't seem too complicated for me.


depending on if ou're buying or selling.
If your offer is worse than that, talk to me if you're selling please.


As I mentioned in another post, my local dealer has a few. At
the equivalent of about US$220.

So I am trying to figure out how much to pay when buying.

But I am still wobbling in my anticipations about gold prices,
and currency exchange, and how that will be effected by the next
US Presidential change-out. Gold might go down, due to less risk
of another war creating oil price instability? I dunnno...


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On Wed, 28 Mar 2007 19:25:02 -0800, Usenet2007 THE-DOMAIN-IN.SIG wrote:
In article ,
says...
On Wed, 28 Mar 2007 10:31:16 -0800, Usenet2007 THE-DOMAIN-IN.SIG wrote:
What is a reasonable price for British gold sovereigns?


5-10 bucks either side of spot,


There seems to be a slight difficulty on designating spot. Since
they are 22 Cararat, and less that a quarter ounce. Which
creates annoyances with calculating for some people.

If they can't handle basic math, find a dealer who can.

Although it
doesn't seem too complicated for me.

depending on if ou're buying or selling.
If your offer is worse than that, talk to me if you're selling please.

As I mentioned in another post, my local dealer has a few. At
the equivalent of about US$220.

Dang...How many you want at that price?

So I am trying to figure out how much to pay when buying.

Less than that.

But I am still wobbling in my anticipations about gold prices,
and currency exchange, and how that will be effected by the next
US Presidential change-out.

Anyone who pretends to know what that will mean is bull****ting you.

Gold might go down, due to less risk
of another war creating oil price instability? I dunnno...

Gold will continue to be, more or less, 10 times the price of crude.
Or not, who knows. Buy shiny things you enjoy having or not, and see
what happens. A Monarch Set of Sovereigns costs little in premium to
build, and might just net you a profit. If you want sure thing, talk to
your bank. Metals, like the stock market, are nothing but legalized
gambling.

wrote in message
...
What is a reasonable price for British gold sovereigns?

22 Carats, and 0.2354 try ounce, each.

Yes, I know that these are less efficient that Krugerrands. But
I am trying to figure out how much premium is involved for buying
this smaller amount.


Krugerrands? ewww... too much markup.
This is probably only of use to Aussies, but
http://www.ausbullion.com.au/liveprices.html is a great resource for me. I
get the daily updates, and its most illuminating! (Good to see both sell
and buy prices.)

They don't distinguish between kings and queens, and no mention of quality
(G,F,VF,EF,AU,UNC, etc.) is ever made (AFAIK) Just bullion value.

Its also good to see the different values for Krugerrands, Luongs, other
bullion coins, bars and so on.

I like Sovs.
They combine bulion value with historical (for me) interest.

--
Jeff R.

"Jeff R." wrote in message
u...

wrote in message
...
What is a reasonable price for British gold sovereigns?

22 Carats, and 0.2354 try ounce, each.

Yes, I know that these are less efficient that Krugerrands. But
I am trying to figure out how much premium is involved for buying
this smaller amount.


Krugerrands? ewww... too much markup.
This is probably only of use to Aussies, but
http://www.ausbullion.com.au/liveprices.html is a great resource for me.
I get the daily updates, and its most illuminating! (Good to see both
sell and buy prices.)

They don't distinguish between kings and queens, and no mention of quality
(G,F,VF,EF,AU,UNC, etc.) is ever made (AFAIK) Just bullion value.

Its also good to see the different values for Krugerrands, Luongs, other
bullion coins, bars and so on.

I like Sovs.
They combine bulion value with historical (for me) interest.

--
Jeff R.


Sovereigns should be of more interest to a coin collector as they are more
of a real coin than the many solely bullion coins that are available, the
sovereign circulated I believe up the outbreak of WWI. Billy