New Sovereigns v's Old Sovereigns

[HGM]

All ideas are taken on board and we can look into this.

 

We are able to offer competitive premiums as we can turn the stock around quickly and do not need to hold any coins. If we start offering specific dates and heads then it may be that the more unpopular coins are held in stock for longer periods of time.

[Danny-boy]

If we start offering specific dates and heads then it may be that the more unpopular coins are held in stock for longer periods of time.

Sounds like a very fair point, and one I hadn't considered.

I think the current 4% premium is very fair, and is the most important part. If changes can't be implemented at that premium, then don't change anything [emoji3]

[Cornishfarmer]

@HGM when you put up 1oz Australia nugget, are they just nuggets or could be any Australian 1oz coin like lunar, nugget or kangaroo?

[HawkHybrid]

should be any of the australian coins. phone to confirm.

 

HH

[HGM]

The current Australian coins are the Australian Nuggets with the kangaroo design on them, however they can be any 1oz Australian coin. We do not tend to see these ones as often.

[Cornishfarmer]

The current Australian coins are the Australian Nuggets with the kangaroo design on them, however they can be any 1oz Australian coin. We do not tend to see these ones as often.

Thank you

[Guest]

I would always take a Victoria young head over a new Sovereign no exceptions.

[Murph]

Depending on condition as I'd prefer the new sealed one to an old very worn one that is not going to be worth more numismatically and is lighter in weight.

[Scuzzle]

Must admit I'm with Murph here - I don't understand how an old sovereign steeped in history and well over a century old is not worth any more than a spanking new one so I usually go for a new one.

[jc1989]

What I love about HGM (apart from the competitive price) is the lucky dip aspect.

I know I will receive bullion sovereigns but the rest is a mystery

[Pipers]

To me I like a mix of both old and newer, it all comes down to cost.

 

 I buy from HGM because of your keen pricing, I like the way the site is set out and I like the way the staff have helped out the 2 times I have phoned up.   

 

The one thing that would rub me up the wrong way would be if someone was cherry picking all the good dates for the same premium as everyone else.  IMO sovereigns should be mixed up and sold as 'sovereign  bullion'.  

[Cointreau]

Thank you for the 1994 gold nugget.

[StackemHigh]

I don't understand how an old sovereign steeped in history and well over a century old is not worth any more than a spanking new one.

Well if it's steeped in history then I say get the Goddards gold cleaner out and clean that steep away, then the gold will look much better !

[sovereignsteve]

I don't understand how an old sovereign steeped in history and well over a century old is not worth any more than a spanking new one so I usually go for a new one.

Don't understand what you are saying here. It appears to read that you appreciate an old sovereign should be worth more than a new one but you would prefer to buy a new one!

[Scuzzle]

That's it exactly,  what is the point in buying an old one if it's worth no more than a brand new one, I can get a new carded one for the same money as an old tatty one.  I would expect the old one to be worth more but very few of them actually are and I don't get it.

I see more profit from a low minted nickel plated 50p or £2 coin from a few years ago that I will from a gold sovereign that's over a century old, just seems a bit daft to me so it looks to me like old ones are fine if you are purely a collector but not worth the extra effort in pursuing if you want an investment over time.

[HawkHybrid]

That's it exactly, what is the point in buying an old one if it's worth no more than a brand new one, I can get a new carded one for the same money as an old tatty one.  I would expect the old one to be worth more but very few of them actually are and I don't get it.

I see more profit from a low minted nickel plated 50p or £2 coin from a few years ago that I will from a gold sovereign that's over a century old, just seems a bit daft to me.

 

worth and value is inherent in the item. price is

what the market currently assigns it. is gold really

worth $1081 which may be lower than the all in

costs of some mines to produce the gold?

 

given complete freedom to choose, I'd choose the

victoria every time. (I don't think modern sovereigns

are as good in quality as older circulating sovereigns)

 

HH

[Scuzzle]

That's understandable but you are relying on things changing one day and suddenly people accepting that the older ones should be worth more and I'm just surprised this has not happened already given the history of the sovereign.

[HawkHybrid]

given my reasoning, the victoria is just a

nicer coin to own for the same money, even

if the market continue to price them both

the same.

 

HH

[sovereignsteve]

That's understandable but you are relying on things changing one day and suddenly people accepting that the older ones should be worth more and I'm just surprised this has not happened already given the history of the sovereign.

They already are. Almost without exception, older sovereigns are currently worth more than modern ones of comparable grade/condition.

 

edit: exceptions would be poor quality bullion grade coins.