Investment Sovereign Buying Advice

Author: Lawrence Chard - Director and Expert Numismatist

Published: 9 Apr 2018

Last Updated: 19 Aug 2019

Contents

British Gold Investment Sovereigns

For Great Britain, a favourite choice of bullion coin is the gold sovereign.

The sovereign is popular with investors looking for flexibility and CGT exempt gold. Sovereigns weigh 7.9881 grams and are made of 22 carat gold or 91.66% fineness, and therefore contains 7.315 grams or 0.2353544 troy ounces of pure gold. The only disadvantage of the sovereign as a bullion coin, is that the alternative one ounce gold coins, such as the Krugerrand, make it easier to calculate their gold content.

A Range of Sovereigns - View of Our Entire Collection by Clicking Here

The great advantage of sovereigns is that they are an attractive and much loved coin with a rich tradition and history. Single coins, particularly graded, low mintage, rare or proof sovereigns can command high premium. These sovereigns are ideal for serious coin collectors or as gifts for special occasions such as christenings, golden weddings, coming of age. Gold investors prefer bullion sovereigns which are sold at low premiums over the gold spot price. If you are looking for the lowest premiums, buy either Best Value Secondary Market Sovereigns or if you prefer new coins, Best Value Newly Minted Sovereigns

The more you buy, the lower the premiums. You can see the difference here:

Bullion Sovereign Best Value - Secondary Market

Quantity Premium % Total
1
3.5
£285.83

Price Per Item:
£285.83
5
2.8
£1,419.45

Price Per Item:
£283.89
10
2.7
£2,836.20

Price Per Item:
£283.62
25
2.6
£7,083.50

Price Per Item:
£283.34
50
2.55
£14,160.00

Price Per Item:
£283.20
100
2.5
£28,306.00

Price Per Item:
£283.06
250
2.45
£70,732.50

Price Per Item:
£282.93
500
2.4
£141,395.00

Price Per Item:
£282.79
1000+
2.35
£282,650.00

Price Per Item:
£282.65

Bullion Sovereign Best Value - Newly Minted

Quantity Premium % Total
1
4.5
£288.59

Price Per Item:
£288.59
5
3.8
£1,433.25

Price Per Item:
£286.65
10
3.7
£2,863.80

Price Per Item:
£286.38
25
3.6
£7,152.50

Price Per Item:
£286.10
50
3.55
£14,298.00

Price Per Item:
£285.96
100
3.5
£28,583.00

Price Per Item:
£285.83
250
3.45
£71,422.50

Price Per Item:
£285.69
500
3.4
£142,775.00

Price Per Item:
£285.55
1000+
3.35
£285,410.00

Price Per Item:
£285.41

Further Reading

You can read our full gold guide here and browse all of our individual gold advice articles here.

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We are not financial advisers and we would always recommend that you consult with one prior to making any investment decision.

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