Double or full Sovereign collecting?

[Numismatist1999]

What's route should I take? 

Double sovereign seems to be more rare, but I quite like full sovereign.

Look forward to reading all your opinions!

 

[fehk2001]

Take route 3 

have both size 😁

[Midasfrog]

Then add a few Quintuples for good measure they look great in any Sovereign collection 😃

[Au79]

Take the half and quarter sovereigns.

Collect them all 😆

[Oldun]

The Classic is, and will always be, the single full sovereign. Work your way along back or forth from there, but beware, the 5 sovereign gets very pricy, whereas the double, you can get for less than the single (assuming the same condition).

[Numismatist1999]

55 minutes ago, Oldun said:

The Classic is, and will always be, the single full sovereign. Work your way along back or forth from there, but beware, the 5 sovereign gets very pricy, whereas the double, you can get for less than the single (assuming the same condition).

Thank you so much for your advise. I will start by collecting the single full sovereign first.  

[Oldun]

Good luck. Are you new to the game or been around a while ? Is this disposable income (a la a family week away) or something that is viewed as a has to make money ? These questions are very important if you are to get good advice.

[Numismatist1999]

16 minutes ago, Oldun said:

Good luck. Are you new to the game or been around a while ? Is this disposable income (a la a family week away) or something that is viewed as a has to make money ? These questions are very important if you are to get good advice.

Thanks. Yes, I’m quite new to the game. I’ve been collecting a few silver coins, but now I’m moving towards collecting gold proof sovereigns. 

I am willing  to do it just as a hobby - and sometimes try to make money in the future. 

[richatthecroft]

2 hours ago, fehk2001 said:

Take route 3 

have both size 😁

I agree with @fehk2001 if budget isn’t a consideration I would collect both. Doubles are impressive in hand. 

But seriously, if your going to start some kind of Sovereign collection it’s worth deliberating and considering what you wish to collect. Date runs?, a particular monarch? Change of portrait? Modern? Branch mints? Proof? The list is endless and worth taking time to consider. 

[MancunianStacker]

Interestingly the double proof 1989 is often sold around the same price as the full sovereign (£1,000) but you get twice as much gold with the double. Might be true for the other special years too??? 2005, 2012 and 2017 could have a similar price anomalies? Might be worth starting with these proofs as premiums have been going up on these in the last year or so. Other years should be the usual premium over spot I suppose. Just a thought

[Numismatist1999]

5 hours ago, richatthecroft said:

I agree with @fehk2001 if budget isn’t a consideration I would collect both. Doubles are impressive in hand. 

But seriously, if your going to start some kind of Sovereign collection it’s worth deliberating and considering what you wish to collect. Date runs?, a particular monarch? Change of portrait? Modern? Branch mints? Proof? The list is endless and worth taking time to consider. 

I wanting to collect all the special reverses (QEII) first, all proofs. Then once that is finished, I'll have to think about it.

 

3 hours ago, MancunianStacker said:

Interestingly the double proof 1989 is often sold around the same price as the full sovereign (£1,000) but you get twice as much gold with the double. Might be true for the other special years too??? 2005, 2012 and 2017 could have a similar price anomalies? Might be worth starting with these proofs as premiums have been going up on these in the last year or so. Other years should be the usual premium over spot I suppose. Just a thought

I have to decide whether to get 1989 gold proof double sovereign, or 2012 gold proof full sovereign. The former is about £200 cheaper than the latter. But which one is more sought after? 

[MancunianStacker]

I prefer the 1989 purely based on design. 

[richatthecroft]

4 minutes ago, Numismatist1999 said:

I have to decide whether to get 1989 gold proof double sovereign, or 2012 gold proof full sovereign. The former is about £200 cheaper than the latter. But which one is more sought after? 

Personal preference you are not comparing like for like here- but both nice designs- depends on your taste and eyesight 😉.  

There always appears to be more demand for a Sovereign.  

The 2012 Proof Sovereign has a low mintage- the 2012 Proof Half Sovereign half that of the Sovereign.   

[Numismatist1999]

6 minutes ago, MancunianStacker said:

I prefer the 1989 purely based on design. 

How much do you think is a good price for the 1989 double sovereign? Is paying £990 a bit too much?

[fehk2001]

I don’t think you need to ask which one to go first because you are going to buy both of them anyway , it’s just a matter of time 

are you getting raw or graded ? 

[MancunianStacker]

2 hours ago, Numismatist1999 said:

How much do you think is a good price for the 1989 double sovereign? Is paying £990 a bit too much?

Take a look at the sold prices on eBay. £1,000 for a PF70 graded but I’d try to pay £900 or a bit less raw.

Maybe place a “wanted” post on the forum with what you’d like to pay and see if anyone has a spare they’d sell?

[fehk2001]

59 minutes ago, MancunianStacker said:

Take a look at the sold prices on eBay. £1,000 for a PF70 graded but I’d try to pay £900 or a bit less raw.

Maybe place a “wanted” post on the forum with what you’d like to pay and see if anyone has a spare they’d sell?

I second that 

should start with forum wanted post 

WITH offer price range 

such as pf70 with box 

without box 

willing to pay up to xxxx amount 

without offer and asking price it’s waste of time eg the buyer always wants something near spot price 😂

 

[RacerCool]

On 11/07/2019 at 23:45, Oldun said:

The Classic is, and will always be, the single full sovereign. Work your way along back or forth from there, but beware, the 5 sovereign gets very pricy, whereas the double, you can get for less than the single (assuming the same condition).

Wait, what? How is a double less than a single? I know I'm missing something here.

[MancunianStacker]

1 hour ago, RacerCool said:

Wait, what? How is a double less than a single? I know I'm missing something here.

Yes, more people collect singles so higher demand. Check eBay sold prices. A nice reason to collect Doubles

[RacerCool]

3 hours ago, MancunianStacker said:

Yes, more people collect singles so higher demand. Check eBay sold prices. A nice reason to collect Doubles

Ah, we're talking about graded proofs. I was thinking run-of-the-mill sovereigns, just for the sake of stacking gold.

[Safestacker]

On 12/07/2019 at 07:45, Oldun said:

The Classic is, and will always be, the single full sovereign. Work your way along back or forth from there, but beware, the 5 sovereign gets very pricy, whereas the double, you can get for less than the single (assuming the same condition).

How can you get a double for less than a single ? 

[fehk2001]

16 minutes ago, Safestacker said:

How can you get a double for less than a single ? 

the modern key dates full sovereign has more collectors this size 

and double has less mintage too 

[5huggy]

9 hours ago, Safestacker said:

How can you get a double for less than a single ? 

1 X £A = Sovereign

1 X £B= Double Sovereign

If B = less than 2A  == then B = less (proportionally) than A

 

[Seasider]

4 hours ago, 5huggy said:

1 X £A = Sovereign

1 X £B= Double Sovereign

If B = less than 2A  == then B = less (proportionally) than A

 

That may be so for most sovereigns but for something like the 1989 or 1937 the single goes for more than the double.  A good reason to buy the double if you can afford it.

[Safestacker]

8 hours ago, 5huggy said:

1 X £A = Sovereign

1 X £B= Double Sovereign

If B = less than 2A  == then B = less (proportionally) than A

 

Oh, i get you, so a double is cheaper than 2 normal full sovs?