A much simpler way to demonstrate this is to say a Sovereign is 0.2354 oz. So the Sovs are £357/0.2354 = £1516 per oz. While the fractional is 10 x £169.96 = £1699.60 per oz. 🙂👍🏻
5 Sovereigns is £1785 / to 10 1/10th coins = £1699.60 . Sovereigns will have Extra Gold 1.1g left over 5 x's 1.1= 5.5g Subtract the two figures above = £85.40 More but 5.5g .. our maths are contradictory
I agree that your method is probably the most orthodox method (similar to how they do it in supermarkets using price per 100g) However it’s also interesting to learn about the extra 5.5 grams of gold you would get for only £85 extra if you bought 5 sovereigns rather than the 10x 1oz Britannias. (EDIT: 10x 1/10 oz Britannias!)
I have created an excel file that automatically calculates the price per 1 oz for each coin. That makes it easier to compare the prices. Here in Austria Ducats, Sovereigns and 1000 Schilling Babenberger coins are usually the cheapest. I think it's important to frequently check the prices if you want to get the most for your money.
That's great 👍 but it's not always a simple pathway. Some don't like 22ct gold but some don't care. I am in the mixed category but lean more to pure gold.
I think all fractional gold is definitely a smart choice. Future liquidity is a huge bonus versus big bullion, personally sovs suit our demographics better 👍🏽
Very true regarding demographics, I never paid any attention to them in America.... but now I am here it is ironic that they claim it is Globally recognised and accepted. Really? Most dealers would be looking it over for a while. But over here it is fine. The same as the ASE in the America. Over here not so much, and vice versa obviously.
@@AceBullion Thanks, I've been looking for more info on US views on these. Interesting fact (maybe) - British special forces were always issued with Sovs in their emergency packs when on high risk missions abroad, deployments in WW2, etc. The U.S. used Krugerrands at least into the 90s for special ops!
@@AceBullion Yes indeed! It comes back to your first reply that I missed, sorry! That's really helpful in helping me understand the US take on Sovs :) I think 'globally recognised' is pushing it a bit. Again it's true for collectors and those in the know (Proof, older coins) but not bullion for the average person. They are well-recognised in most of Europe, many former British colonies. For example in India it's still a common wedding gift (but these are usually local reproductions now, although interestingly from 2013 there have been India Sovs produced under licence and endorsed by the Royal Mint). India used to have Mint them with an 'I' mark as did Australia (in Sydney) with an 'S'. Hope that's of interest :)
@@AceBullion buy up as many as the 2022 sovs as possible. The Queen is nearly dead, as bad as that sounds. The more you buy nearer her death 💀 the more potential for future profit if ya get what I mean
You have more gold than most will have, I say that from hearing a lot of viewers thoughts. But here is the best thing. You went over the line of1 oz.. and if you have what I assume you hit ANOTHER mile stone of 100g. Which BTW was my first bar of gold.... So your doing something well!!! Keep it up. Every little bit adds up. And being discouraged is not possible when someone finally commits to putting aside X amount for Gold monthly.
My LCS has a lot of Sovereigns in every month. The 1/4oz Britannias never come into his store - so I buy Sovereigns. I also prefer the history. That said I do pick up a 1/10th Brit from the Royal Mint for every 4 Sovereigns to trip them over 1 Troy Oz.
That is very smart and a interesting point of view. I do like why you buy the 1/10th Brit. And it makes me smile... because I realise you are getting the best of both worlds.
@@AceBullion Absolutely makes sense for a UK stacker/wealth preservationist. I am still intrigued by the U.S. sentiment in general. I know there are hardcore Sov collectors there, it would just be interesting to know more about how people see Sovs (or even if they know them at all)! What would a LCS say if you went in and tried to sell them etc :)
@@kimchi_b I have a house in the US so know the US market pretty well. I love Americans - served with them, have loads of US mates, respect the country, admire many of their laws etc... - but they have the worst "not invented here" mentality in the world. So they Love pre-33 Gold and will pay eye watering premiums for anything made in 'murica. Sovereigns not so much. Ignoring the whining and moaning about Her Maj on them; those that don't get upset about Liz still won't buy them unless they are cheap - and I mean really cheap. If it's foreign gold they'll take Mexican dos and dos and a half Pesos over Sovereigns any day of the week and twice on Sundays. The LCS's set their buying prices accordingly. That said you can find them easily online - Bold and Golden Eagle Coins have them in stock pretty much permanently.
I suppose it boils down to are you a stacker, or a collector? A collector would purchase the Sovereign for it's history, provenance and rarity. Even though there is usually a larger premium to pay, the rarer Sovereigns' are hardly affected by spot price. Other fractional gold tend to follow spot price more closely. I think you said it, "it depends on each individual's goals". Great new intro, by the way!
Thank you very much bud, But over 5g free or otherwise paid for that you do not own if you buy Sovereigns instead of fractional gold. Blew my mind away.
Been getting a 1/10 oz gold every month. Today I got a 1987 proof sovereign from royal mint. It’s a beautiful coin, and I believe has around .25 oz gold
Being 💯% honest, I am not a Sovereign guy. I know a bit about them and own a few. Your best bet is asking on the forum www.thepreciousmetalforum.com it is 100% free and you will get a warm welcome.
I usually prefer 999+ As a American bit living in the UK 🇬🇧 for over 25 years now 🙈🙈🙈 I still prefer things to be as I remember. I never bought into Pesos which the USA does. I am only just moving into Sovereigns. ( you must be psychic 😎) 🔮 pure gold is great to resell, no doubt about that.
@@ronaldhall9701 no not anymore, not since I have been here. They used to during the gold standard era. Workers used to be paid in sovereigns. But now it is cash. Normal currency. South Africa are paying workers in gold coins atm.
@@AceBullion I never been to England but have been to Germany twice but not since the 70s I would very much like to though but I am scared of flying the first time I went on a ship but I flew in 1971 also went into east Germany glad I got to go
Over here sovereigns are liquid at spot usually but they have low premiums when you purchase so I guess it evens out so far myself I never had to sell but know people who have and talked to my local coin shop about it and also bought my first sovereign from him a good while back
The problem is demand in location as far as liquidity.i know some shops who don't even like to deal with sovereigns but all love fractional gold. some places place sovereigns high also so it really is dependent on location
👍👍👍🍺🍺🍺 That has been more my personal experience, that most perfer fractional. It is very interesting and I really want to know others experience with selling 🙂 .
Who is going to the 2022 25th annual Key West lobster festival starting August 11th to the 14th? Events during the four-day festival include the Lobster Boil, the Duval Crawl, free concert and street fair, and a lobster brunch at the Smokin Tuna Saloon.
My pleasure, I was blown away after checking all the facts over and over. I have started making a effort to incorporate sovereigns into my collection now. mainly for historical purposes.
@@AceBullion I buy cheapest bullion new Sovs from reputable sources and sometimes (well, maybe a little more often lol) the Proofs at release price. It's the easy/lazy man's way to do good with gold Sovs, and been foolproof so far :)
Brilliant video, thanks for sharing Jon. I like to buy fractionals when I can. Wherever possible, I try to find graded fractional gold coins that are selling close to the price of raw ungraded coins. Gives me the peace of mind knowing I am getting a genuine gold coin and might be useful if I intend to sell them in the future. Cheers 😊👍🏻
That is very wise to do. I have so many now that I can easily compare and check, but it is good to have them in a graded card. However a word of warning that some fakes out there are in graded cards!!! yep. so please be careful and keep checking the registration number.
@@AceBullion The Chinese are cloning numbers now OMG! I think a Sigma reads through a slab (?). Otherwise all we can do is compare the photos (if it's NGC, or the PGCS grader paid for photos).
Thank you, I am under that impression as well and always have been. The only thing I found interesting and shocking was that for every 5 sovereigns you buy your getting a extra 5.5g of gold compared to buying 10 of the 1/10th oz. and over 100 coins bought you get nearly 1oz extra!!! that was shocking.
No, the purpose was to show fractional gold which I mention 1/4 as well in. Vrs Gold Sovereigns as they seem to ve very popular. There is a video to be made on the 1/10th vrs 1/4 . The short and easy answer to that question is buy which ever you could afford. The 1/4 will offer better deals.
Gold is not out of reach to everyone, I know that during these times we are all fighting against higher costs and costs of living, but still making the cost to buy actual gold part of your daily/ monthly routine should be for everyone. The joy and excitement you get from hard work and years of doing this pays off. Others seem to be in shock but it is not a big secret. It takes time and effort.
@@AceBullion Alas it's not possible for many folks in the UK now, and if they are not already set up being financially prudent in advance then I think it's too late. I know many people who are struggling just to meet bills, or are getting into debt. They have been 'not sensible' and lived for years on credit (which was fine, WHEN it worked, it don't anymore!), and things are only going to get harder for all, I see it happening now :(
@@kimchi_b I would say they are pretty popular, but the premiums are just so high! So a lot of people also turn towards the generics to save as much money as possible. There is a huge generic market here in the US for that purpose.
How much should I pay for any date half sovereigns and purchase them iam in the uk also what primium should I be paying love the video got me wanting some 💯
Thank you Sergio. Pay as low of a price as you can!!! Remember dealers will often include shipping so be mindful of that. I am in the UK as well, from America if you couldn't tell. Join www.thepreciousmetalforum.com and ask away. Its 100% free and there are great people there
That is fine, this is more geared up for novices. I do cater to everyone. And yes I agree, was long winded. I cut a lot out, but had to keep most of that there. In short Sovereigns are good for every 5 you buy ( 1oz ) you have 5.5g over. verse 10 fractional 1/10th coins.. You have a slight difference in price but you could not get that at spot price if you tried. So financially Sovereigns come out on top. However Geographic's should be considered, as well as Stacker / Collector .
If your budget will stretch to it go for the full Oz, better value for money. If that's not possible then Sovereigns or even Half Sovereigns are better value than 1/4 Britannia's. I avoid 1/10 oz at all cost. Terrible value..
Thank you for your opinion, bit having paid around £75-80 for my 1/10th Britannias I disagree. And yes I own plenty if 1oz gold coins .. but selling them when the price rises as it has been. No thank you.
An excellent way of looking at it Jon (in terms of % premium on fractional parts of an ounce)! I would still say the 1/10ths are great as a fractional, you're just losing a little instead of Sovs for an easier entry point and (potentially) more flexibility if you need to sell some to fund something. As for new (lowest premium) bullion that may become collectable this is the perfect year with the special reverse, but lots are being sold because of it. I'd look at the double Sovereign if you can afford it, especially the carded version if they are still available (?). I haven't looked at prices recently but if still low premium the 2005, 2012, even more recent years with the privy marks are good bets. Also, I think Queenie's last year will be a good investment, and ofc we don't know when that is, so that may be a lower mintage year. For older Sovs maybe look at ones with low premium in good condition that the collectors aren't hot on yet. As the most popular collector coins become too expensive for most people previously less valued older years/varieties will become attractive.
Very true, perhaps that is why my Half proof sov for this year is already flying to the moon in price. I had to do a lot of work to get the figures right and I double checked every stage and triple checked the results. I was shocked that for every 1 oz of gold you buy you get 5.5g more in Sovereigns than in fractional. And if you bought 100 coins. you would have nearly 1 oz of gold !
@@AceBullion I think it's very important to separate Proofs and collector older bullion Sovs from simple bullion Sovs (lowest premium). The reason (apart from price) is that collector older Sovs have been steadily growing for decades, but there is a huge amount to learn (types, rare errors, very clever forgeries, condition) and many are already VERY expensive. It's not a market I am tempted to take risk in personally (I'm not prepared to put the years of learning in!). Proofs are a market unto their own. At the moment I think the 2022 is slightly overpriced/hyped and will come down a bit, but will then go back up, and long-term it's a guaranteed winner (I have seen this exact pattern before many times, e.g. with the Proof 2017s). The ship has now sailed with the amazing 1989s, they are into the stratosphere. 2002, 2005 and 2012 not quite yet. I would have to check mintages etc again but if I recall correctly the (presently 'unloved') 2005 or 2012 (can't remember which) was still an opportunity six months or so ago - this may have changed by now! Canny folk are realising that Queenie may not be around forever, and no-one will want Sovs with Charlie on them (hence the first or second Charlie will likely be one to get!). Pretty much with Proofs the failsafe/easy/lazy man's way to do going forward it is get them at issue price on release, preferably the four or five coin set if you can afford it :)
@@kimchi_b True but if we take the Year of the Sovereigns into place. Even a BU version can be worth a significant amount of money. If this is the last year the Queen is alive, it could send this years prices over the moon. Who knows what will happen. Who will buy a Sovereign with a king on it? And perhaps those too might be worth a fair amount. It is really a collectors thing along with a bullion thing. Really though but in my eyes Gold is Gold. I am still not over the fact that you get for every 100 sovereigns nearly 1oz of gold extra to that of my fractional 1/10th oz. It is a point which surprised me. But then America and other countries prefer other gold like Pesos and the likes. One new one to watch out for is South Africa. They are now making Gold legal tender. But they are not allowed to sell them to the " west " for 2 years. which is interesting. Apparently they prefer the USD which is a shock.
The earlier me bought the 1/10th gold britannias for £75 ish per coin from bullion by post! I shown it in a livestream. People laughed when I bought them. I am laughing now
@JamesWilliamson-w8y at the time 0f this video you would be silly knowing what we know now not to buy fractional. Expecially at the prices. You would have nearly doubled your money.
As much as we all like sparkling/shiny coins 💰, lets face reality, all cost is tight to actual gold value, and not a coin it self... (Unless u are lucky to buy rare coin, and its only sovereign design anyway...) Sovereighn is a clear winner 🏆🥇
I thank you for your vote, But I Respectfully agree to disagree. I have not and probably will never buy a full gold sovereign. I only buy 1oz 1/4 or 1/10th gold. All others are something you should only buy if you are already storing gold in a vault.
A much simpler way to demonstrate this is to say a Sovereign is 0.2354 oz. So the Sovs are £357/0.2354 = £1516 per oz. While the fractional is 10 x £169.96 = £1699.60 per oz. 🙂👍🏻
5 Sovereigns is £1785 / to 10 1/10th coins = £1699.60 . Sovereigns will have Extra Gold 1.1g left over 5 x's 1.1= 5.5g Subtract the two figures above = £85.40 More but 5.5g .. our maths are contradictory
@@AceBullion Just two different ways of looking at the same thing I think :)
I agree that your method is probably the most orthodox method (similar to how they do it in supermarkets using price per 100g) However it’s also interesting to learn about the extra 5.5 grams of gold you would get for only £85 extra if you bought 5 sovereigns rather than the 10x 1oz Britannias. (EDIT: 10x 1/10 oz Britannias!)
@@jacc88888 10 1/10th Britannias. 😆 I am not sure if I said that but it was 1/10th
@@AceBullion You did say 1/10 oz and I meant to write that ! Typo. Sorry!
I have created an excel file that automatically calculates the price per 1 oz for each coin. That makes it easier to compare the prices. Here in Austria Ducats, Sovereigns and 1000 Schilling Babenberger coins are usually the cheapest. I think it's important to frequently check the prices if you want to get the most for your money.
That's great 👍 but it's not always a simple pathway. Some don't like 22ct gold but some don't care.
I am in the mixed category but lean more to pure gold.
I think all fractional gold is definitely a smart choice. Future liquidity is a huge bonus versus big bullion, personally sovs suit our demographics better 👍🏽
Very true regarding demographics, I never paid any attention to them in America.... but now I am here it is ironic that they claim it is Globally recognised and accepted. Really? Most dealers would be looking it over for a while. But over here it is fine. The same as the ASE in the America. Over here not so much, and vice versa obviously.
@@AceBullion Thanks, I've been looking for more info on US views on these. Interesting fact (maybe) - British special forces were always issued with Sovs in their emergency packs when on high risk missions abroad, deployments in WW2, etc. The U.S. used Krugerrands at least into the 90s for special ops!
@@kimchi_b Any Silver or gold🙄 but not always. Only for long deep ops
@@AceBullion Yes indeed! It comes back to your first reply that I missed, sorry! That's really helpful in helping me understand the US take on Sovs :) I think 'globally recognised' is pushing it a bit. Again it's true for collectors and those in the know (Proof, older coins) but not bullion for the average person. They are well-recognised in most of Europe, many former British colonies. For example in India it's still a common wedding gift (but these are usually local reproductions now, although interestingly from 2013 there have been India Sovs produced under licence and endorsed by the Royal Mint). India used to have Mint them with an 'I' mark as did Australia (in Sydney) with an 'S'. Hope that's of interest :)
Buy shield backs sovereign ,s ,there always in demand , collecters can't get enough and they pay over the odds for them 🤔
Interesting 🧐 I will have a look. Bit if you get me addicted to shield backs... well 🤣
@@AceBullion buy up as many as the 2022 sovs as possible. The Queen is nearly dead, as bad as that sounds. The more you buy nearer her death 💀 the more potential for future profit if ya get what I mean
I do. And this could be the last of the true monarch
I have only one sovereign, plus a Britannia and a NZ Kiwi. The rest of my gold is fractional.
You have more gold than most will have, I say that from hearing a lot of viewers thoughts. But here is the best thing. You went over the line of1 oz.. and if you have what I assume you hit ANOTHER mile stone of 100g. Which BTW was my first bar of gold.... So your doing something well!!! Keep it up. Every little bit adds up. And being discouraged is not possible when someone finally commits to putting aside X amount for Gold monthly.
I agree, whenever I’ve compared the gold to gold value of the two (inc 1/4 oz Britannia vs sovereign ) the sovereign has always been the best value.
And yet I am only coming around to adding them to my collection
My LCS has a lot of Sovereigns in every month. The 1/4oz Britannias never come into his store - so I buy Sovereigns. I also prefer the history. That said I do pick up a 1/10th Brit from the Royal Mint for every 4 Sovereigns to trip them over 1 Troy Oz.
1/10ths are great too, and well worth having imo :)
That is very smart and a interesting point of view. I do like why you buy the 1/10th Brit. And it makes me smile... because I realise you are getting the best of both worlds.
@@kimchi_b absolutely . I am going to start adding Sovereigns to my collection I must say.
@@AceBullion Absolutely makes sense for a UK stacker/wealth preservationist. I am still intrigued by the U.S. sentiment in general. I know there are hardcore Sov collectors there, it would just be interesting to know more about how people see Sovs (or even if they know them at all)! What would a LCS say if you went in and tried to sell them etc :)
@@kimchi_b I have a house in the US so know the US market pretty well. I love Americans - served with them, have loads of US mates, respect the country, admire many of their laws etc... - but they have the worst "not invented here" mentality in the world. So they Love pre-33 Gold and will pay eye watering premiums for anything made in 'murica. Sovereigns not so much. Ignoring the whining and moaning about Her Maj on them; those that don't get upset about Liz still won't buy them unless they are cheap - and I mean really cheap. If it's foreign gold they'll take Mexican dos and dos and a half Pesos over Sovereigns any day of the week and twice on Sundays. The LCS's set their buying prices accordingly. That said you can find them easily online - Bold and Golden Eagle Coins have them in stock pretty much permanently.
I suppose it boils down to are you a stacker, or a collector? A collector would purchase the Sovereign for it's history, provenance and rarity. Even though there is usually a larger premium to pay, the rarer Sovereigns' are hardly affected by spot price.
Other fractional gold tend to follow spot price more closely.
I think you said it, "it depends on each individual's goals".
Great new intro, by the way!
Thank you very much bud, But over 5g free or otherwise paid for that you do not own if you buy Sovereigns instead of fractional gold. Blew my mind away.
You can be both
Been getting a 1/10 oz gold every month. Today I got a 1987 proof sovereign from royal mint. It’s a beautiful coin, and I believe has around .25 oz gold
Thar is really awesome 👌 the coin is as you know 7.98 g. But 22ct. That should be 1/4 oz or close to. But its a proof and a collectors coun.
@@AceBullion I got the sovereign for a great price too! $520!! They sell for around $650 I believe.
@@mitchellg849 😜😜😜 wow you did great!
I live in USA, I'm concerned about resell most people here want Eagles. But I like the value of the soverign and 20 francs
Thank you. I fund fellow Americans not too interested in gold sovereigns
i want sovs or dukat, what are u think about double sovs?
Being 💯% honest, I am not a Sovereign guy. I know a bit about them and own a few. Your best bet is asking on the forum www.thepreciousmetalforum.com it is 100% free and you will get a warm welcome.
I buy quarter Oz brits and sovereigns both most times which I get the best deal. I do like both now it may change
I see you have another comment. I will reply there 🍺
I like being a littler odd and at least they are known well here in the US so after my first 1/10 oz tube of gold coins may just do Sovereigns
Big E. Just be careful! Far too many fakes are around. Please keep me posted and good luck. 👍
@@AceBullion would be buying from highly reputable dealers so that should be non-issue
@Big E excellent. I am putting together another fake video so I had to mention that to you
Also you have to keep in mind the eastern market only likes 999+ gold so you must take into mind your liquidity
I usually prefer 999+ As a American bit living in the UK 🇬🇧 for over 25 years now 🙈🙈🙈 I still prefer things to be as I remember. I never bought into Pesos which the USA does. I am only just moving into Sovereigns. ( you must be psychic 😎) 🔮 pure gold is great to resell, no doubt about that.
@@AceBullion how do sovereigns work in British market are they used just like regular cash out in the public??
@@ronaldhall9701 no not anymore, not since I have been here. They used to during the gold standard era. Workers used to be paid in sovereigns. But now it is cash. Normal currency. South Africa are paying workers in gold coins atm.
@@AceBullion I never been to England but have been to Germany twice but not since the 70s I would very much like to though but I am scared of flying the first time I went on a ship but I flew in 1971 also went into east Germany glad I got to go
Over here sovereigns are liquid at spot usually but they have low premiums when you purchase so I guess it evens out so far myself I never had to sell but know people who have and talked to my local coin shop about it and also bought my first sovereign from him a good while back
The problem is demand in location as far as liquidity.i know some shops who don't even like to deal with sovereigns but all love fractional gold. some places place sovereigns high also so it really is dependent on location
👍👍👍🍺🍺🍺 That has been more my personal experience, that most perfer fractional. It is very interesting and I really want to know others experience with selling 🙂 .
Who is going to the 2022 25th annual Key West lobster festival starting August 11th to the 14th? Events during the four-day festival include the Lobster Boil, the Duval Crawl, free concert and street fair, and a lobster brunch at the Smokin Tuna Saloon.
Wish I was...
Sounds like I might need to get a couple sovereigns, great info thanks my friend!
My pleasure, I was blown away after checking all the facts over and over. I have started making a effort to incorporate sovereigns into my collection now. mainly for historical purposes.
@@AceBullion I buy cheapest bullion new Sovs from reputable sources and sometimes (well, maybe a little more often lol) the Proofs at release price. It's the easy/lazy man's way to do good with gold Sovs, and been foolproof so far :)
Depends what you like, I find sovs from victoria onwards a bore lol
🤣 I understand you 👍 when you look at value for money 💰 you can get a idea of what's best. Me personally. I love all gold lol
Brilliant video, thanks for sharing Jon. I like to buy fractionals when I can. Wherever possible, I try to find graded fractional gold coins that are selling close to the price of raw ungraded coins. Gives me the peace of mind knowing I am getting a genuine gold coin and might be useful if I intend to sell them in the future. Cheers 😊👍🏻
That is very wise to do. I have so many now that I can easily compare and check, but it is good to have them in a graded card. However a word of warning that some fakes out there are in graded cards!!! yep. so please be careful and keep checking the registration number.
@@AceBullion thanks I will! ✌🏻🙏🏻👍🏻👍🏻😊
@@AceBullion The Chinese are cloning numbers now OMG! I think a Sigma reads through a slab (?). Otherwise all we can do is compare the photos (if it's NGC, or the PGCS grader paid for photos).
Maybe the extra money you pay for the Britannias per gram is because of the extra security features included.
Ps, good video 👍
Thank you, I am under that impression as well and always have been. The only thing I found interesting and shocking was that for every 5 sovereigns you buy your getting a extra 5.5g of gold compared to buying 10 of the 1/10th oz. and over 100 coins bought you get nearly 1oz extra!!! that was shocking.
Shouldn’t you be comparing a 1/4 ounce Britannia to a full sovereign instead of a 1/10?
No, the purpose was to show fractional gold which I mention 1/4 as well in. Vrs Gold Sovereigns as they seem to ve very popular.
There is a video to be made on the 1/10th vrs 1/4 . The short and easy answer to that question is buy which ever you could afford. The 1/4 will offer better deals.
You got any gold your doing well womble stacker
Absolutely!
Gold is not out of reach to everyone, I know that during these times we are all fighting against higher costs and costs of living, but still making the cost to buy actual gold part of your daily/ monthly routine should be for everyone. The joy and excitement you get from hard work and years of doing this pays off. Others seem to be in shock but it is not a big secret. It takes time and effort.
@@AceBullion Alas it's not possible for many folks in the UK now, and if they are not already set up being financially prudent in advance then I think it's too late. I know many people who are struggling just to meet bills, or are getting into debt. They have been 'not sensible' and lived for years on credit (which was fine, WHEN it worked, it don't anymore!), and things are only going to get harder for all, I see it happening now :(
The proof half sovereign is a beautiful coin 😍
Thank you. I am starting to get into collecting them a bit more
Great breakdown, man! The numbers matter!
Are Sovereigns popular in the US though buddy? They are pretty much the number one choice in the UK!
The numbers really do, 5.5g is not a joke per 5 sovereigns or close to a oz.. vrs 10 fractional coins ...
@@AceBullion love the knowledge and info you put out, brother!
@@jbb823 Thank you bud. 😊
@@kimchi_b I would say they are pretty popular, but the premiums are just so high! So a lot of people also turn towards the generics to save as much money as possible. There is a huge generic market here in the US for that purpose.
Made a lot of sense ... Thanks for sharing ATB
🤜💥🤛 Cheers BritStacker. This is of course my own stacking method, and every stacker needs to find their budget and what appeals to them.
How much should I pay for any date half sovereigns and purchase them iam in the uk also what primium should I be paying love the video got me wanting some 💯
Thank you Sergio. Pay as low of a price as you can!!! Remember dealers will often include shipping so be mindful of that. I am in the UK as well, from America if you couldn't tell. Join www.thepreciousmetalforum.com and ask away. Its 100% free and there are great people there
Thank you .
A gold Sovereign IS Fractional Gold.....
@concepsis Yes but no. Its considered as a unit on its own. It confused me for awhile, but goes back to being paid by Sovereigns.
Correct. Anything under an ounce is fractional. By definition.
Just a little long-winded. Maybe OK for complete novices but not much here for me.
That is fine, this is more geared up for novices. I do cater to everyone. And yes I agree, was long winded. I cut a lot out, but had to keep most of that there. In short Sovereigns are good for every 5 you buy ( 1oz ) you have 5.5g over. verse 10 fractional 1/10th coins.. You have a slight difference in price but you could not get that at spot price if you tried. So financially Sovereigns come out on top. However Geographic's should be considered, as well as Stacker / Collector .
@@AceBullion Yes, great for novices and full marks for helping educate the large proportion of people who own no gold at all.
@@sorornishicffbaddcde8567 Thank you,
Or 1/4 Britannia?
Yes or 1/4
In terms of spread the sovereign is better. The premiums are much lower. You will break even sooner and easier than other fractional and full 1oz.
what kind of coin capsules are those for the sovereigns? looks giant and keeps them in the center, I have never see such a thing!
I bought them from the Firefox guy. Stupidly overpriced
They called Air-Tites direct fit capsules.
If your budget will stretch to it go for the full Oz, better value for money. If that's not possible then Sovereigns or even Half Sovereigns are better value than 1/4 Britannia's. I avoid 1/10 oz at all cost. Terrible value..
Thank you for your opinion, bit having paid around £75-80 for my 1/10th Britannias I disagree. And yes I own plenty if 1oz gold coins .. but selling them when the price rises as it has been. No thank you.
@@AceBullion 1/10th at £75 ? How many years ago was that ?
@MENSA.lady2 not many! I shown my account in a video I made but not sure which ine. I covered up a lot of my info as you can imagine.
bugged me that you said "St. George and the dragon slayer" St.George is the dragon slayer. dont know if you knew or not is all. otherwise good video
Yes I knew it but it got jumbled up whilst I was filming. A tiny mistake was not worth when I noticed, remaking that section.
An excellent way of looking at it Jon (in terms of % premium on fractional parts of an ounce)! I would still say the 1/10ths are great as a fractional, you're just losing a little instead of Sovs for an easier entry point and (potentially) more flexibility if you need to sell some to fund something.
As for new (lowest premium) bullion that may become collectable this is the perfect year with the special reverse, but lots are being sold because of it. I'd look at the double Sovereign if you can afford it, especially the carded version if they are still available (?). I haven't looked at prices recently but if still low premium the 2005, 2012, even more recent years with the privy marks are good bets. Also, I think Queenie's last year will be a good investment, and ofc we don't know when that is, so that may be a lower mintage year.
For older Sovs maybe look at ones with low premium in good condition that the collectors aren't hot on yet. As the most popular collector coins become too expensive for most people previously less valued older years/varieties will become attractive.
Very true, perhaps that is why my Half proof sov for this year is already flying to the moon in price. I had to do a lot of work to get the figures right and I double checked every stage and triple checked the results. I was shocked that for every 1 oz of gold you buy you get 5.5g more in Sovereigns than in fractional. And if you bought 100 coins. you would have nearly 1 oz of gold !
@@AceBullion I think it's very important to separate Proofs and collector older bullion Sovs from simple bullion Sovs (lowest premium). The reason (apart from price) is that collector older Sovs have been steadily growing for decades, but there is a huge amount to learn (types, rare errors, very clever forgeries, condition) and many are already VERY expensive. It's not a market I am tempted to take risk in personally (I'm not prepared to put the years of learning in!).
Proofs are a market unto their own. At the moment I think the 2022 is slightly overpriced/hyped and will come down a bit, but will then go back up, and long-term it's a guaranteed winner (I have seen this exact pattern before many times, e.g. with the Proof 2017s). The ship has now sailed with the amazing 1989s, they are into the stratosphere. 2002, 2005 and 2012 not quite yet. I would have to check mintages etc again but if I recall correctly the (presently 'unloved') 2005 or 2012 (can't remember which) was still an opportunity six months or so ago - this may have changed by now! Canny folk are realising that Queenie may not be around forever, and no-one will want Sovs with Charlie on them (hence the first or second Charlie will likely be one to get!).
Pretty much with Proofs the failsafe/easy/lazy man's way to do going forward it is get them at issue price on release, preferably the four or five coin set if you can afford it :)
@@kimchi_b True but if we take the Year of the Sovereigns into place. Even a BU version can be worth a significant amount of money. If this is the last year the Queen is alive, it could send this years prices over the moon. Who knows what will happen. Who will buy a Sovereign with a king on it? And perhaps those too might be worth a fair amount. It is really a collectors thing along with a bullion thing. Really though but in my eyes Gold is Gold. I am still not over the fact that you get for every 100 sovereigns nearly 1oz of gold extra to that of my fractional 1/10th oz. It is a point which surprised me. But then America and other countries prefer other gold like Pesos and the likes. One new one to watch out for is South Africa. They are now making Gold legal tender. But they are not allowed to sell them to the " west " for 2 years. which is interesting. Apparently they prefer the USD which is a shock.
£169.96 for a 1/10 oz britannia? they're right now £235.24 each... ughh the earlier you get them the cheaper they are. xD
The earlier me bought the 1/10th gold britannias for £75 ish per coin from bullion by post! I shown it in a livestream. People laughed when I bought them. I am laughing now
Look at the premiums. It's a no brainer. Avoid the Fractionals. If you can't afford a Britannia start with half Sovereigns.
@JamesWilliamson-w8y at the time 0f this video you would be silly knowing what we know now not to buy fractional. Expecially at the prices. You would have nearly doubled your money.
❤🎉
@@josephmaphis3550 🍻🍻🍻 Thank you Joseph
As much as we all like sparkling/shiny coins 💰, lets face reality, all cost is tight to actual gold value, and not a coin it self...
(Unless u are lucky to buy rare coin, and its only sovereign design anyway...)
Sovereighn is a clear winner 🏆🥇
I thank you for your vote, But I Respectfully agree to disagree. I have not and probably will never buy a full gold sovereign. I only buy 1oz 1/4 or 1/10th gold. All others are something you should only buy if you are already storing gold in a vault.