Why you Should Stack British Gold Sovereign Coins!

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  • เผยแพร่เมื่อ 15 ธ.ค. 2019
  • This video talks about British Gold Sovereign Coins and why they are great for gold stacking! In this video show a gold sovereign coin that I recently picked up for spot and I compare the gold sovereign to other common gold bullion coins. I give some of the positive points for stacking british gold sovereigns and I also bring up some of the negative points. I think that even if you live here in the United States of America like me that you should consider stacking British Gold Sovereign Coins especially if you can pick them up at a low premium over spot. I mention that the Great Britain Gold Sovereigns are .2354 Troy Ounces of gold and that they are also 22k. I hope to be buying many more British Gold Sovereign Coins in the future!
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    #gold #goldstacking #goldcoin
    Topics that I cover in this video: British gold sovereign coins, british gold sovereign, british gold sovereign value, british gold sovereign coin, gold sovereign coins, gold sovereign, gold sovereign stack, gold sovereign collection, gold sovereign unboxing, gold stacking, gold bullion, british gold sovereigns, great britain gold sovereigns, great britain gold sovereign coins

ความคิดเห็น • 400

  • @Irunwithscissors63
    @Irunwithscissors63 3 ปีที่แล้ว +73

    I’ve just bought my first coin. It is a quarter sovereign. It’s tiny but I now have my first gold coin 😊

    • @jacc88888
      @jacc88888 2 ปีที่แล้ว +5

      Congrats!

    • @ianjennings7761
      @ianjennings7761 ปีที่แล้ว +3

      Well done! You'll soon be on your second, then third, fourth, etc. etc.

    • @Nicolas-ir9xy
      @Nicolas-ir9xy 9 หลายเดือนก่อน +2

      Any gold is good gold, mind the premiums though!

    • @ef7480
      @ef7480 5 หลายเดือนก่อน

      Have you managed to obtain any more since?

    • @imbadman6658
      @imbadman6658 4 หลายเดือนก่อน +2

      Its been 2 years, how’s your stacking? Total?

  • @richey4287
    @richey4287 2 ปีที่แล้ว +8

    British RAF pilots and SAS soldiers carry them when on missions to use in emergency escape and evasion situations; the gold sovereign is still legal tender in the UK.

  • @AlphasPath
    @AlphasPath 4 ปีที่แล้ว +7

    These look brilliant. I look forward to picking up a couple of these soon.

    • @SilverDragons47
      @SilverDragons47  4 ปีที่แล้ว

      Alpha's Path thanks and they are a great option for sure!!! 🔥🐉

  • @budgetbullionstacker1950
    @budgetbullionstacker1950 4 ปีที่แล้ว +6

    A very valid option sir. Thank you for sharing. I'm still learning about gold, but will take some side money to budget for gold in 2020.

    • @SilverDragons47
      @SilverDragons47  4 ปีที่แล้ว

      Budget Bullion Stacker thanks my friend and I will be doing the same as well 😁🔥🐉

  • @randyherbrechtsmeier4796
    @randyherbrechtsmeier4796 4 ปีที่แล้ว +33

    Sovereigns and 1/4oz gold the New Poor Mans ounce . I need one this Weekend

    • @SilverDragons47
      @SilverDragons47  4 ปีที่แล้ว +2

      Randy Herbrechtsmeier lol close enough 😂 good luck my friend 🔥🐉

    • @sirrathersplendid4825
      @sirrathersplendid4825 3 ปีที่แล้ว +1

      For “things you need for the weekend” you would normally go to the 💈 barber shop. 💈

  • @shilver101
    @shilver101 3 ปีที่แล้ว +1

    Great Vid thanks for the show. I picked one up the other day from my lcs. Sounds like you got a great deal I paid 40 over spot. I need to find new sources for buying my gold!

  • @laughinglion7659
    @laughinglion7659 4 ปีที่แล้ว +1

    Great information dude got a few myself just learned a boat load from this video.

    • @SilverDragons47
      @SilverDragons47  4 ปีที่แล้ว

      laughing lion awesome thanks for watching my friend!! 👍🏽🔥🐉

  • @fnmag6809
    @fnmag6809 4 ปีที่แล้ว +2

    Normally I don’t leave comments on videos but I want to say you have done your homework and produce a very informative and good video about this gold coin. Thanks

    • @SilverDragons47
      @SilverDragons47  4 ปีที่แล้ว

      Tom Price thank you so much my friend! I appreciate your positive comment 👍🏽🔥🐉

    • @williamwilliam5066
      @williamwilliam5066 ปีที่แล้ว

      Neither do I! But this time I did!

  • @metaldetectingmickyuk2538
    @metaldetectingmickyuk2538 3 ปีที่แล้ว +1

    Very informative Buddy Thanks 🙏

  • @nsoper19
    @nsoper19 4 ปีที่แล้ว +41

    Gold sovereigns actually go back a lot more than 200 years. they had them in Tudor times.

    • @paganphil100
      @paganphil100 4 ปีที่แล้ว +1

      Nathan Soper: Correct....see link below.
      www.bullionbypost.co.uk/info/sovereign-coin-design/

    • @sirrathersplendid4825
      @sirrathersplendid4825 3 ปีที่แล้ว +2

      The gold sovereign we know dates from 1817, and is quite rare before Queen Victoria. The Tudors ruled more than two hundred years earlier and their sovereign was a very different coin.

    • @nsoper19
      @nsoper19 3 ปีที่แล้ว +9

      @@sirrathersplendid4825 well I suppose that's a matter of semantics, but the tudors did mint gold coins called sovereigns, so the legacy certainly goes back that far.

    • @alexanderthegr8763
      @alexanderthegr8763 ปีที่แล้ว +2

      The very first gold Sovereign was struck during Henry VII's reign. On 28th October 1489, the king ordered the officers of his Royal Mint to produce “A new money of gold.”

  • @zhicaofang2354
    @zhicaofang2354 4 ปีที่แล้ว +2

    Just like you I will be stacking much more gold for 2020. Hope to snatch myself a couple try oz of bullion coins. Thanks for introducing the British sovereign coin!

    • @SilverDragons47
      @SilverDragons47  4 ปีที่แล้ว

      Zhicao Fang that is awesome and good luck with your stacking journey!!! 🔥🐉

  • @samy7013
    @samy7013 2 ปีที่แล้ว +20

    FYI: Any Gold Sovereign minted from the reign of Queen Victoria onwards is legal tender in the UK. The ones from earlier monarchs have been demonetized by UK law, so get treated differently for tax purposes (the legal tender ones are exempt from VAT at purchase and CGT at sale).

    • @daviniarobbins9298
      @daviniarobbins9298 3 หลายเดือนก่อน

      I thought all Sovereigns from 1817 were technically legal tender in the UK?

    • @samy7013
      @samy7013 3 หลายเดือนก่อน +1

      @@daviniarobbins9298 : Nope. Current UK laws specifically grant legal tender status to Sovereigns from Queen Victoria’s reign onwards only, and all sovereigns from prior reigns are now explicitly demonetized (so they are treated as collectibles, subject to VAT and CGT). Look it up, I promise that I’m not making this up. I don’t know what year that this law was promulgated, but I do know that it is the current law in effect regarding the legal tender status of Gold Sovereign coins in the UK.

  • @aucourant9998
    @aucourant9998 4 ปีที่แล้ว +32

    I love gold sovereigns. They sell really well here in the UK because, as legal tender, they are both VAT free and capital gains free. Also, they are really interesting coins in their own right and with a bit of study you can get to know what is rare and unusual and make even more selling on. I buy only Sovereigns and partial Britannias (which are pure 24ct gold unlike the 22ct Sovereigns).

    • @othomaso100
      @othomaso100 3 ปีที่แล้ว

      I’m new to gold and thinking about getting some after watching this video could you tell me roughly how many I would need to get as close to an ounce of gold as possible?

    • @aucourant9998
      @aucourant9998 3 ปีที่แล้ว

      @@othomaso100 Where do you live?

    • @othomaso100
      @othomaso100 3 ปีที่แล้ว

      aucourant UK

    • @aucourant9998
      @aucourant9998 3 ปีที่แล้ว +4

      @@othomaso100 Here is a link to the spot price of both gold and silver in the UK. www.chards.co.uk/gold-price/gold-spot-price These charts give a rough price for what gold and silver are trading on the markets. However, physical gold and silver coins have premiums which mean they buy and sell for more than the spot price. A 1oz gold Britannia (which is 24 ct gold) is currently selling for about £1,625 (plus postage) which is just under 10% extra premium above the spot price. Four gold sovereigns (which are 22 ct gold) have a little under 1 oz of pure gold in them in total are selling for about £370 each (plus postage). That's what you pay to buy them, but if you try and sell them back to a dealer they will only offer spot price. Luckily gold has being going up so much in the past few years that this covers that loss. However, I would recommend that if you are buying gold you buy to hang on to it as a hedge against inflation rather than as an investment opportunity. Here is a good site that offers very reasonable rates www.hattongardenmetals.com/buy/cid9/gold-britannias If you live in London you can collect in person and save on postage.

    • @jacc88888
      @jacc88888 ปีที่แล้ว

      @@othomaso100 4 sovereigns and one half sovereign makes approx 1oz pure gold I think.

  • @SovereignSaurus
    @SovereignSaurus 3 ปีที่แล้ว +5

    I have a few of these and some variations, proofs and smaller Sovereigns, nice coins and great for stacking, often sold with low premium here in the UK

  • @TheRetiredVeteran
    @TheRetiredVeteran 4 ปีที่แล้ว +13

    I have always liked these gold coins. I have bought several and I think I am addicted.

    • @SilverDragons47
      @SilverDragons47  4 ปีที่แล้ว

      Chiefly Chieftain lol i’m getting addicted 😂🔥🐉

  • @jdcoins1124
    @jdcoins1124 4 ปีที่แล้ว +25

    The sovereign is 22.5 mm And the sovereign was reintroduced in 1817 and is one of the worlds best known gold coins and is very collectable

    • @SilverDragons47
      @SilverDragons47  4 ปีที่แล้ว +4

      JD Coins yes very well known and very collectible for sure 👍🏽🔥🐉

    • @duamalik556
      @duamalik556 4 ปีที่แล้ว

      Gold Coin Mony tell me

    • @maxolder2177
      @maxolder2177 3 ปีที่แล้ว +1

      They went they were minted in 1429 and they came back in 1816

    • @duamalik556
      @duamalik556 3 ปีที่แล้ว

      This coin wht amount plz ??????

    • @duamalik556
      @duamalik556 3 ปีที่แล้ว

      @@SilverDragons47 this coin what's amount plz tell me ?????

  • @sawyer3119
    @sawyer3119 2 ปีที่แล้ว +3

    I just started buying gold to compliment my silver. Started with 1/4 eagles, then 1/10, now I'm onto my first of many sovereigns to come! I don't know what it is about them but I get a better feeling of worth from them and of course love the price.

  • @MegaSilverStacker
    @MegaSilverStacker 4 ปีที่แล้ว +1

    Very nice pick up! Not everyday you can find the GOLD at spot😁 I think 2020 will be a golden year, and I agree saving for 1oz. Eagles is the way to go. Thanks for sharing 🐉's👍 MERRY CHRISTMAS 🎅

    • @SilverDragons47
      @SilverDragons47  4 ปีที่แล้ว

      Henry Von Muegge I will be getting a 1 ounce gold eagle next year as well... I hope 😁 Merry Christmas! 🔥🐉

  • @Silverado_UK
    @Silverado_UK 2 ปีที่แล้ว

    Great video! Thanks for sharing Silver Dragons! Ohh…looks like you have found ideal candidate for 100k GAW😍🤙😵‍💫

  • @TalkingBullion
    @TalkingBullion 4 ปีที่แล้ว

    Great video SD...a great way to get some more silver in your stack 👍

    • @SilverDragons47
      @SilverDragons47  4 ปีที่แล้ว

      Talking Bullion thanks! but yeah gold 😏🔥🐉

  • @chrispyskiwiadventures3583
    @chrispyskiwiadventures3583 4 ปีที่แล้ว +7

    I just picked up a beautiful 1874 Half Sovereign. Love them.

    • @SilverDragons47
      @SilverDragons47  4 ปีที่แล้ว

      Chrispys Kiwi Adventures that is awesome!!! I didn’t even touch on the half’s 😏🔥🐉

  • @TheGilbalfas
    @TheGilbalfas 4 ปีที่แล้ว

    I finally subbed to your channel. Nice job

  • @kareem666uk
    @kareem666uk 4 ปีที่แล้ว +1

    great pick up 👍👍

  • @rodneyb947
    @rodneyb947 4 ปีที่แล้ว

    Great video, you really got me thinking about buying gold now.👍👍👍

    • @SilverDragons47
      @SilverDragons47  4 ปีที่แล้ว

      Rodney B thanks my friend and you really should consider it!!! 🔥🐉

  • @emperorwang0861
    @emperorwang0861 5 หลายเดือนก่อน

    Great video. I love British coins in general. They are beautiful and great for stacking.

  • @PartTimeDetector
    @PartTimeDetector 4 ปีที่แล้ว

    Beautiful Coin, good tips, not that I stack but now I know why I should! ATB Amy

    • @SilverDragons47
      @SilverDragons47  4 ปีที่แล้ว

      Part Time Detector thanks so much and yes stacking is very important for sure!!! 🔥🐉

  • @rednblackdawg1410
    @rednblackdawg1410 4 ปีที่แล้ว

    Nice coin, 🐉. Thanks for sharing.

    • @SilverDragons47
      @SilverDragons47  4 ปีที่แล้ว

      RedNBlackDawg thanks for watching my friend!! 🔥🐉

  • @bullionaddict9164
    @bullionaddict9164 4 ปีที่แล้ว +1

    S.D.
    It's something to watch a video from 6 months ago to see how times have changed and premiums.
    But I do like the Sovereigns I actually had none at the beginning of the year and now I have four.

  • @michaelbuckley6710
    @michaelbuckley6710 ปีที่แล้ว +1

    I can only afford the half gold sovereign coin but I do have a nice start for a awesome collection.
    Beautiful design !

  • @switch176
    @switch176 4 ปีที่แล้ว +2

    I bought my first sovereign the day before thanksgiving. One of the online dealers had them on sale, so I called my LCS and he matched the deal. I like the “long neck Liz” as SBC says. Haha

    • @SilverDragons47
      @SilverDragons47  4 ปีที่แล้ว

      SilverSwitch176 that is awesome! lol yeah skinny lizzy 😂😂😂😂😂🔥🐉

  • @ef7480
    @ef7480 3 ปีที่แล้ว +7

    First sovereigns were minted in 1487 by Henry 7th. Now they are 7.32 grams of fine gold, worth approx £300 with a face value of £1. There's a perfect example of inflation.

    • @chrisa.515
      @chrisa.515 5 หลายเดือนก่อน +1

      Another great example of inflation is with the 1928 American Gold Eagle with a face value of $20. There was also a 1928 $20 paper note which is still technically only worth $20 (minus the numismatic value) but the Eagle is now worth over 2K.

    • @ef7480
      @ef7480 5 หลายเดือนก่อน

      @@chrisa.515 - spot on! Sovereigns now appox £377...

  • @RCT3Crashes100
    @RCT3Crashes100 2 ปีที่แล้ว +2

    I definitely need to buy more gold to complement my silver, and since I’m already in the UK, sovereigns are the way to go, especially since they’re exempt from capital gains tax and VAT over here! I currently own a 1996 proof full sovereign, a 2020 proof half sovereign and a 1911 circulated half.

  • @Eli-qr9hc
    @Eli-qr9hc 3 ปีที่แล้ว +1

    Great vid, I’ve been buying these for only about 3 years now. I really like the low premiums and I always save my ebucks for these purchases. Take care

    • @paganphil100
      @paganphil100 3 ปีที่แล้ว +1

      Eli: Me too....I have 18 "Sovs" so far :-)

    • @Eli-qr9hc
      @Eli-qr9hc 3 ปีที่แล้ว

      Philip Fletcher cool! Are you in the USA too? I’ve wondered about buying brit
      Sov

    • @paganphil100
      @paganphil100 3 ปีที่แล้ว

      @@Eli-qr9hc : No, I'm in the UK so Sovereigns are one of the best / cheapest gold coins for me to buy. They're still classed as "legal tender" here with a nominal value of £1 (although they don't have a face-value) so they're tax-free. They're known and recognised world-wide so you can easily sell them anywhere if you want to.....see links below for more info.
      www.coininvest.com/en/gold-coins/sovereign/#?sorting=fine_weight_asc&grouping=metal_id&page=1
      en.wikipedia.org/wiki/Sovereign_(British_coin)

  • @harryzero1566
    @harryzero1566 2 ปีที่แล้ว +1

    Buying the occasional double sovereign when a commemorative date becomes available confims an amazing belief in your original decision to stack gold coin.
    Only this year, a 2002 golden anniversary of our Sovereign's reign became available to me.
    It was apparently only issued in a 3 coin proof boxed set, so the chances of finding a separated one was extremely slim.
    Of all my sovereigns of various monarchs, from half, full and doubles, this my most prized example.
    I would say to anyone before you get in too deep, read and attain as much knowledge as can, even a lack of recent knowledge can bring regrets.
    For example, I know I had 3 × 1957 sovereigns at one time, now I have only 2, since parting with that third one, I found out that the 1957 was our current Sovereign's first issuance, 4 years after taking her seat on the throne. Britain had been recovering from WW2, it was only when forgeries started to circulate, that a genuine release of her first sovereign was decided.
    These first 1957 sovereigns are the only sovereigns with a finer reeded edge than any other sovereign.
    This was done so the genuine sovereigns could more easily be identified.
    So I parted with a 1957 sovereign when almost any other date of the same design would have better suited me.

  • @ExpatStacker
    @ExpatStacker 4 ปีที่แล้ว +1

    Great to see you going right after your stated goal and picking up some gold! Respect! One reason the American Gold Eagle might be slightly more expensive at the time of purchase than the British Gold Sovereigns is because the Eagles are eligible for a lot of Precious Metals IRA, and Sovereigns are usually not, from what I can tell. You can see an example of a list of Precious Metals IRA eligible bullion over at JM Bullion's website. I don't see Sovereigns on a lot of these lists. So maybe that's one reason? Thanks for another great video and for sharing your experience! See you in the next one!

    • @SilverDragons47
      @SilverDragons47  4 ปีที่แล้ว +1

      Expat Stacker great point my friend! I didn’t even dive into the gold IRA but I believe you are right. 👍🏽🔥🐉

    • @ExpatStacker
      @ExpatStacker 4 ปีที่แล้ว

      @@SilverDragons47 Thanks man! Nice to see that sovereign up close. I've been considering picking one up myself, so thank you for sharing. And congrats again on acquiring more gold!

  • @aaronvaldi9413
    @aaronvaldi9413 4 ปีที่แล้ว

    The Swiss gold 20 francs Helvetia... its just such a nice coin, low premiums also... I bet you can't just buy one! ;)
    Thank you for always sharing good information and keeping it interesting. Stack on, Stack on my friend

    • @SilverDragons47
      @SilverDragons47  4 ปีที่แล้ว +1

      adansito adan lol I will buy one soon 😂 as soon as I can find a good deal 🔥🐉

  • @braden6992
    @braden6992 4 ปีที่แล้ว +45

    Another great video, but I wanted to mention something specific to you. You do realize that is St George *killing* a dragon on the coin right? This coin is anti-dragon propaganda!

    • @SilverDragons47
      @SilverDragons47  4 ปีที่แล้ว +16

      Braden 😂😂😂 he attempting to kill the dragon, but he is about to be scorched mark my words 🔥🐉

    • @illustrious1
      @illustrious1 4 ปีที่แล้ว +6

      The dragon doesn't fare well in the story.

    • @williamwilliam5066
      @williamwilliam5066 3 ปีที่แล้ว +1

      It's ok. It was a black dragon. Cool your boots man.

    • @jonodunn2592
      @jonodunn2592 หลายเดือนก่อน

      @@williamwilliam5066I heard he used to get pulled over by the cops all the time

  • @historian2394
    @historian2394 4 ปีที่แล้ว +7

    I exclusively stacked sovereigns till JM bullion kept putting the 20 francs on sale. I probably have more of those than I do sovereigns now. Still love them though.

    • @AUniqueHandleName444
      @AUniqueHandleName444 3 ปีที่แล้ว

      I'm all over them 20 coronas right now, $14/coin over spot in increments just under 1/5 oz.

  • @alexanderunited
    @alexanderunited 3 ปีที่แล้ว

    I have a 1890 Jubilee Head minted in Melbourne. Nice looking coin.

  • @bombsawaylemay770
    @bombsawaylemay770 4 ปีที่แล้ว +3

    With gold prices so high, along with ridiculous premiums on silver, these Sovereigns look very attractive.

    • @jeffname6876
      @jeffname6876 3 ปีที่แล้ว

      It is not normal to br attracted to a piece of metal

  • @Numistacker
    @Numistacker 4 ปีที่แล้ว +2

    A brilliant stacking choice

    • @SilverDragons47
      @SilverDragons47  4 ปีที่แล้ว

      Numistacker lol thanks my friend 🔥🐉

  • @michaelporter5679
    @michaelporter5679 7 หลายเดือนก่อน

    Great video Dragon, Are European Gold Coins still good to buy and/or stack right now?

  • @loboplateadostacker
    @loboplateadostacker 2 ปีที่แล้ว +1

    Sovereigns are the pinnacle of of divide and conquer applied to gold stacking. It's easier to buy 4 Sovereigns one by one, than a full ounce all at once, and it also helps cost dollar averaging. As for resale performance, stacking in ounces is les than 2% more efficient than Sovereigns here in Spain. I picked several gold ounces when I was fresh into stacking and had lots of dry powder. Nowadays, it is more convenient for me to grab a Sovereign every one or two months. I will get some 24K ounces now and then to diversify beyond 22K gold just in case.

  • @olegpetelevitch4443
    @olegpetelevitch4443 4 ปีที่แล้ว

    I do , I have and still doing it with silver too 35yrs ! Only full and half ! No smaller !

  • @thehrschannel4784
    @thehrschannel4784 4 ปีที่แล้ว +16

    They are still legal tender in the UK and can be spent, although you wouldn’t, it has a nominal value of £25 in the UK

    • @sirrathersplendid4825
      @sirrathersplendid4825 3 ปีที่แล้ว +5

      I believe the face value has always been £1. Has it changed?

    • @ef7480
      @ef7480 3 ปีที่แล้ว

      Incorrect. They have a value of approx £300. The silver 1 ounce Brittania is approx £25.

    • @thehrschannel4784
      @thehrschannel4784 3 ปีที่แล้ว +2

      @@ef7480 Rather Splendid is indeed correct a sovereign has a nominal value of £1. Britannia's have their value minted on the obverse 1/4 is £25, 1/2 is £50 and 1oz is £100. The two and five sovereigns are still commonly referred to as £2 and £5 respectively, because again this is their value. All this info can be found on the Royal Mints website.

    • @potnoogle5780
      @potnoogle5780 หลายเดือนก่อน

      ​@@ef7480I thought the silver 1 oz brittania has face value of £2.

    • @ef7480
      @ef7480 หลายเดือนก่อน

      @@sirrathersplendid4825apologies must the word ‘face’. Not wearing my one pound glasses…

  • @gjuetaretethesareve
    @gjuetaretethesareve 3 ปีที่แล้ว

    Hello Archeology group.... beautiful coins

  • @four9ines
    @four9ines 4 ปีที่แล้ว

    I have one of these in my stack. Bought it because of a great deal at the time! Thanks for mentioning the capsule size haha I don’t think I have any of the 1/4th eagle sizes I’ve tried every other one I have. I’ll be grabbing a few in that size. Good stuff 🐉 👍 🦖

    • @SilverDragons47
      @SilverDragons47  4 ปีที่แล้ว

      Silverzilla yep you got it! now I gotta get some more gold to fill the other 4 capsules I bought 😂🔥🐉

    • @four9ines
      @four9ines 4 ปีที่แล้ว

      PERFECT excuse to get more 💪🦖

  • @Death_From_Below
    @Death_From_Below 4 ปีที่แล้ว +16

    But St. George is killing the dragon, how can you?

    • @SilverDragons47
      @SilverDragons47  4 ปีที่แล้ว +1

      Bob Wojcikowski 😂😂😂 “ATTEMPTING” to kill the dragon... 🔥🐉

    • @goldengun9970
      @goldengun9970 3 ปีที่แล้ว

      That dragon killed virgins

  • @ShaneO-nm2hh
    @ShaneO-nm2hh 3 ปีที่แล้ว +4

    Great video. I know people find them metal detecting in Australia. As they were minted in a few commonwealth countries and used as legal tender.
    It’s also a great idea to diversify your stack. I agree 100% with what you have said in previous videos about stacking what is most liquid in your country, ie: U.S eagles, Canada maples, Australia kangaroos, China pandas ect. But it’s also important to have brands/mints that are liquid in other countries. Incase of a worse case scenario where, your countries economy crashes. And you need to sell on the international market. Countries metals with a better economy will be a lot more liquid. Imo Everybody should at least have a little U.S mints, Canadian mint and Perth mint minimum.

    • @JinKee
      @JinKee 2 ปีที่แล้ว

      in Melbourne, Victoria, Australia the gold britannia is a lot more often in stock than perth mint products or PAMP products. idk if this is because the other stuff sells out first or that there are more brittanias around

    • @williamwilliam5066
      @williamwilliam5066 9 หลายเดือนก่อน

      That's silly. Travel abroad with gold to sell it at a slight premium in the country of origin? Engage brain before writing.

    • @ShaneO-nm2hh
      @ShaneO-nm2hh 9 หลายเดือนก่อน

      @@williamwilliam5066 who said anything about traveling abroad? You can trade online. If Australian market crashes, but u.s is strong. U.S. eagles will be extremely liquid on the market here in Australia compared to Australian government kangaroos. If that makes sense?

  • @nicholasblakiston6297
    @nicholasblakiston6297 6 หลายเดือนก่อน

    Just ordered a couple random year, any condition sovereigns for 9.99 over spot. Can't wait to see what I get!

  • @andrewderksen3342
    @andrewderksen3342 ปีที่แล้ว

    I don't want to not pick ;)
    But
    Canada , Australia and South Africa have them aswell 👍👍
    Actually there are good premiums on a frew Canadian and south African ones aswell :)
    Excellent video 👍

  • @charon7347
    @charon7347 4 ปีที่แล้ว +3

    I put everything in capsules. I'm OCD but more importantly for resale.

  • @VerticalStacker
    @VerticalStacker 4 ปีที่แล้ว +4

    I avoided foreign gold for a long time. For the last two years, however, I have picked up a bunch of Sovereigns and Francs. The nice thing about gold and silver, at least in times of economic relativity, is that you can find buyers in private who will always pay you spot.

    • @pablop5401
      @pablop5401 4 ปีที่แล้ว +1

      Sovereigns and francs are great and you can often find them with very little mark up. And they are easy to sell both domestically and internationally from my experience. Gold is gold anywhere on the planet!

    • @SilverDragons47
      @SilverDragons47  4 ปีที่แล้ว

      Vertical Stacker yes it’s the best way to buy and sell at spot for sure 👍🏽🔥🐉

    • @williamwilliam5066
      @williamwilliam5066 ปีที่แล้ว

      I wouldn't buy foreign gold! Just buy sovereigns.

  • @stephenpack2202
    @stephenpack2202 4 ปีที่แล้ว +3

    Love the sovereign great price great size...

  • @polarroller
    @polarroller 4 ปีที่แล้ว +3

    I totally stack gold sovereign.....thanks for the vote of confidence......

    • @SilverDragons47
      @SilverDragons47  4 ปีที่แล้ว +1

      Polar Roller awesome and I really do think that they are a good option 👍🏽🔥🐉

  • @Kid_Ikaris
    @Kid_Ikaris 4 ปีที่แล้ว +1

    Underrated right now especially

  • @sidevon6819
    @sidevon6819 2 ปีที่แล้ว +1

    Walking home today in the Great British county side and found a 1909 Edward VII Sovereign laying on the side of the road. It must have been there for years and is very scuffed and marked but sill just under 8g of 22k gold

  • @john-ze7eu
    @john-ze7eu ปีที่แล้ว +1

    I like them. Not sure of their liquidity here in the states.. But I'll take my chances

  • @CatsMeowPaw
    @CatsMeowPaw 2 ปีที่แล้ว +3

    The prices you're paying for sovereigns are really good. Here in Australia, where the coins were legal tender, we're charged 10% gst. The premium is about 16% over spot!
    999 bullion has no tax, so it makes no sense to stack these coins in Australia.

    • @samy7013
      @samy7013 2 ปีที่แล้ว

      You’re right. They make the most sense in the UK, where they’re exempt from VAT at purchase and CGT at sale.

  • @silverdamsel3139
    @silverdamsel3139 4 ปีที่แล้ว

    I have seen them at spot at coin show and LCS . Pretty much a bullion coin. That’s a great way to stack for weight.

    • @SilverDragons47
      @SilverDragons47  4 ปีที่แล้ว

      Silver Damsel that is awesome! gotta snag those spot deals!!! 🔥🐉

  • @sheikhyaboooty
    @sheikhyaboooty 4 ปีที่แล้ว

    A couple of points, with gold going up at the moment 90% of Sovereigns, from young Victorias onwards are basically worth their gold weight. However, sometimes you can get a small premium on young Victorias and also Shieldback Sovereigns are usually worth a little more. Some years from some mints are also more valuable but there are too many examples to list.

  • @SalivateMetal
    @SalivateMetal 4 ปีที่แล้ว +2

    Great coin. I've always thought LCS's gave spot for gold. i'll have to ask my LCS. Good to know. They are great way to stack fractional gold for closer to spot.

    • @SilverDragons47
      @SilverDragons47  4 ปีที่แล้ว

      SalivateMetal yeah talk to them and i’ll bet you will be surprised 😏 thanks for watching my friend! 🔥🐉

    • @roboadvisor3598
      @roboadvisor3598 4 ปีที่แล้ว

      My two LCS are the same, they don’t pay you spot for gold.

  • @ewetho
    @ewetho ปีที่แล้ว

    Been getting excited to get onto 1/4 oz size coins after I finish my first tube of 1/10 gold. 1/2 way done and the more I look the British Sovereign I think it might be the coin for me… just like to be a little different

  • @Rachels123
    @Rachels123 4 ปีที่แล้ว +1

    I love them. I love mostly old gold coins. But I noticed, out of all my coins, the sovereigns i own didn’t gain in value like my other coins. That won’t stop me from buying them, they are so affordable, and cool looking.

    • @SilverDragons47
      @SilverDragons47  4 ปีที่แล้ว

      Rachel Woodruff yeah there are so many of these they don’t really gain much numismatic value. stack on!! 🔥🐉

    • @williamwilliam5066
      @williamwilliam5066 ปีที่แล้ว

      Bullion is bullion, that is all that will matter in the near future.

  • @Silver_Coin_Outdoors
    @Silver_Coin_Outdoors 4 ปีที่แล้ว +9

    I haven't thought about getting one of those yet. Been focused on the American Gold Eagles, and maybe a Pre-33 someday.

    • @SilverDragons47
      @SilverDragons47  4 ปีที่แล้ว +1

      Silver Coin Outdoors they are a great option!! I really wanna get some pre 33 and some more AGE 😂🔥🐉

  • @dameanvil
    @dameanvil 29 วันที่ผ่านมา +1

    1:38 💡 Gold Sovereigns have been in circulation since 1817, with a face value of one pound sterling, although they are now primarily used as bullion coins.
    3:52 💰 Despite being smaller than some other gold coins, like the American Gold Eagles, Gold Sovereigns can be purchased closer to spot price and have reasonable premiums when bought and sold, making them an attractive option for stacking.
    6:44 🛡 Gold Sovereigns are recognized and traded widely, offering liquidity and making them a popular choice among gold stackers.

  • @historian2394
    @historian2394 4 ปีที่แล้ว +2

    They make them in India too at the old Bombay mint nowadays.

  • @nicholasowens2351
    @nicholasowens2351 4 ปีที่แล้ว +2

    there are also half soverigns available as well....

  • @jacc88888
    @jacc88888 2 ปีที่แล้ว

    Thanks for the video. It’s weird. Here in the UK, gold sovereigns seems to be plentiful still whereas most of the 24k coins are out of stock. Yet the sovereigns have less premium per pure gold oz than even the 1oz Britannias. Maybe these days people prefer the shiny, more brilliant look of 24k gold over 22k and are willing to pay higher premiums for them...

  • @stage274
    @stage274 4 ปีที่แล้ว +1

    I love them!

    • @SilverDragons47
      @SilverDragons47  4 ปีที่แล้ว

      stage274 thanks so much!! 👍🏽🔥🐉

  • @lamarravery4094
    @lamarravery4094 4 ปีที่แล้ว +8

    Watch the 1979 film, Time after Time. There's a Victorian era time traveler that winds up in 1979 San Francisco and he has a coin belt filled with British gold sovereigns and gets by exchanging his gold for US dollars. It was fun to see that. Seems like gold is always accepted, no matter what era you're from.

    • @SilverDragons47
      @SilverDragons47  4 ปีที่แล้ว +1

      Lamarr Avery wow that is cool!!! yes gold is gold throughout time... I wish I could go back to the 30s and pick up a bunch for FV though 😂🔥🐉

  • @silvernuts3196
    @silvernuts3196 4 ปีที่แล้ว +1

    The sovs are so beautiful 😍

    • @SilverDragons47
      @SilverDragons47  4 ปีที่แล้ว

      Silver Nuts yeah gotta love that gold 😜🔥🐉

  • @chrisa.515
    @chrisa.515 5 หลายเดือนก่อน

    How do you determine what the premiums are for fractional gold like this so you know what you're paying?

  • @Eli-qr9hc
    @Eli-qr9hc 3 ปีที่แล้ว

    I have a few of the British sovereigns, but was wondering about buying the 1/4ioz AGE or a deal offered at an online dealer
    Of a Random quarter ounce gold government coin that’s about $35 cheaper than the American gold eagle.
    (I know there’s possibly a liquidity factor but I was looking at saving $35) ?

  • @philiplippens2690
    @philiplippens2690 4 ปีที่แล้ว

    American gold eagles are 22 karet also. They have a full ounce of 24K in them mixed with copper and silver to make it harder (22K) and they weigh slightly more too.
    That's a nice coin you have there.

    • @SilverDragons47
      @SilverDragons47  4 ปีที่แล้ว

      philip lippens thanks my friend and yes I love me some 22k! the $5 Indians are slightly less pure at 90%ish... not quite 22k. I need to get some more AGE 🔥🐉

    • @SpartanA31xx
      @SpartanA31xx 3 ปีที่แล้ว

      Do you know if the Sovs are 24K and then mixed with copper to make them 22k similar to the eagles?

  • @TheStackingNerdH
    @TheStackingNerdH 4 ปีที่แล้ว

    I read this as "Stocking Suffers" and I am completely on board with that! In all seriousness, 20 Francs, and Gold Pesos are really cheap options to stack.

    • @SilverDragons47
      @SilverDragons47  4 ปีที่แล้ว

      TheStackingNerd 😂😂😂 they would make epic stocking stuffers!!! 👍🏽🔥🐉

  • @scottosborn4820
    @scottosborn4820 4 ปีที่แล้ว +1

    My LCS sells 1 oz Eagles and Maples for 30 bucks over spot.

  • @PinballBob1
    @PinballBob1 4 ปีที่แล้ว +1

    An important consideration for US buyers is the tax on gold. In my state, IL, gold under .999 fineness has a 9.75% sales tax ! So do US Eagles, so I do not buy them online, because dealers must charge me that tax. WI is 5.5% on ALL gold. Check JM bullion for gold buybacks, they seem to have better prices than coin shops.

  • @TheRealSiberD
    @TheRealSiberD 4 ปีที่แล้ว

    Yeah, I'd stack sovereigns if I could buy them for spot but that doesn't happen very often even with a 10% ebates coupon. But, I can buy swiss and french 20 Francs at spot all day with that 10% coupon and they also qualify for ebucks.

  • @nimblenate
    @nimblenate 4 ปีที่แล้ว +2

    Bought a Gold sweedish 20 kronor .2583 oz i think from a LCS for $8 over spot the other day

    • @SilverDragons47
      @SilverDragons47  4 ปีที่แล้ว

      Nate R wow not to bad! I like the norwegian kronors better but that’s just me 🤷🏽‍♂️🔥🐉

  • @michaelwilliams9009
    @michaelwilliams9009 4 ปีที่แล้ว

    On the date I watched your video JM Bullion is offering 1/4 oz American Gold Eagle (Random Year)
    for As low as $23.99 per coin over spot!

    • @SilverDragons47
      @SilverDragons47  4 ปีที่แล้ว

      Michael Williams unfortunately that sale ended 😭😭😭😭😭😭😭🔥🐉

  • @silverchimp5045
    @silverchimp5045 4 ปีที่แล้ว +6

    All my gold is in these 1/4 oz sovereigns! I love them and I like the older ones, Queen Victoria’s etc... I think there are 10 total and I would like to own all 10 one day 🐒🐒🐒

    • @SilverDragons47
      @SilverDragons47  4 ปีที่แล้ว

      Silver Chimp wow great goal! now you need to find one in the dirt 😂🔥🐉

    • @sirrathersplendid4825
      @sirrathersplendid4825 3 ปีที่แล้ว

      Maybe ten types of sovereigns in all (since 1817) but the earlier monarchs are very rare. Of course there are many many more dates - they’ve been issued almost every year since.

  • @rodneykasputtis9621
    @rodneykasputtis9621 4 ปีที่แล้ว +4

    Probably the best gold coin to stack

    • @SilverDragons47
      @SilverDragons47  4 ปีที่แล้ว +1

      rodney Kasputtis it is a great option for sure! 👍🏽🔥🐉

  • @paulienkhamvaiphei134
    @paulienkhamvaiphei134 4 ปีที่แล้ว +2

    They are also made in India by mmtc-pamp under license from the royal mint👍👍

    • @markharcourt2214
      @markharcourt2214 8 หลายเดือนก่อน

      Plus Australia/Canada/South Africa.
      Australian sovereigns were produced at 3 mints (Sydney/Melbourne and Perth), had more reverse designs. Sydney mint type 1 and 2. The Shields , and Adelaide pound.

  • @Swingkat13
    @Swingkat13 4 ปีที่แล้ว +2

    So I don’t have to pay the California tax, I go to Nevada once a month. I’ve done the math for silver from buying premium to selling. Turns out, generics are the absolute best way to go. They sell for $1.15 over spot and buy for $.65 under spot. Meanwhile, ASEs sell for $3.25 over spot and they’ll buy them back for spot.
    The way I see it, if the price doesn’t go up and you’re suddenly forced to sell for some unknown reason. I’d much rather be out $1.80 vs $3.25.

  • @richardfrancis5900
    @richardfrancis5900 ปีที่แล้ว

    Go to a different LCS !! I just sold a quarter Oz Eagle for $15 over spot to my LCS. you got got dude

  • @richardc488
    @richardc488 4 ปีที่แล้ว

    Nice Dragon, only stacking gold now, to much silver. Once I get the gold up platinum will be next.

    • @_Hound_
      @_Hound_ 4 ปีที่แล้ว

      No such thing as too much gold.

    • @SilverDragons47
      @SilverDragons47  4 ปีที่แล้ว

      richard c that is great! stack on my friend!! 🔥🐉

  • @mothballjim
    @mothballjim 4 ปีที่แล้ว

    Hello, I’ve just uploaded a video of a gold coin that I found in my house when I was trying to catch mouse in my kitchen! Can you take a look and see if you can identify the coin for me please?

  • @themiddlejourney6286
    @themiddlejourney6286 3 ปีที่แล้ว

    I have some and some half sovereign s. I would like a 1822 but your talking £700 here in uk.

  • @meteoman7958
    @meteoman7958 4 ปีที่แล้ว

    I couldn't agree with you more, SD. I have 49 sovereigns from 1833 to 1999, 11 of which are proof and almost all bought for spot + 0% to 10%. They have the same fineness as the AGE and yet, in many cases, have the history of pre-33 gold behind them. I also have a proof 5 sovereign coin, which is really impressive. There are 4 sovereigns that I paid more for and they are the Canadian minted 1911C, 1914C, 1917C and 1919C. These are not bullion coins as they are scarce due to melting. The 22mm black ring airtites are the way to go.

    • @SilverDragons47
      @SilverDragons47  4 ปีที่แล้ว +1

      MétéoMan wow 49 sovereigns! that is great my friend!! gotta love those capsules 😏🔥🐉

  • @cutiecat4490
    @cutiecat4490 4 ปีที่แล้ว +1

    Thanks for the motivation because there is so much conflicting advice. The British Sovereign coins are beautiful, so I'm adding it to my list.😊👍💛

    • @SilverDragons47
      @SilverDragons47  4 ปีที่แล้ว +1

      Cutie Cat you are welcome and I give them the green light 😁🔥🐉

    • @cutiecat4490
      @cutiecat4490 4 ปีที่แล้ว

      @@SilverDragons47 Great!😁👍💛

  • @mx5rcr1
    @mx5rcr1 4 ปีที่แล้ว

    I picked one up a few weeks ago. Really like the 22mm size and it’s a good value. I’m considering trading for a couple more. I’ve got a 20 franc and i like it but it’s an odd size and can’t find a capsule that works good. I like that the 16mm and 22mm direct fit capsules have the same outside diameter so they stack nicely.

    • @strongjimduckk4712
      @strongjimduckk4712 4 ปีที่แล้ว

      Don’t have one but this says it fits 20 francs and nickels www.apmex.com/product/22062/air-tite-holder-direct-fit-21-mm

    • @SilverDragons47
      @SilverDragons47  4 ปีที่แล้ว

      50shadesofawesome yeah I will be getting a 20 franc in the future and i’ll do a video on them as well.. I just got to wait until I find a good deal 😂🔥🐉

    • @john-ze7eu
      @john-ze7eu ปีที่แล้ว

      I think it's 21mm

  • @rpmillam
    @rpmillam 3 ปีที่แล้ว +1

    You can buy direct from the Royal Mint.

  • @BusyBeeCompany
    @BusyBeeCompany 4 ปีที่แล้ว +2

    Been collecting sovs since 1988.

    • @SilverDragons47
      @SilverDragons47  4 ปีที่แล้ว

      BusyBeeCompany that is awesome! stack on my friend!!! 🔥🐉

  • @patrickmurphy8222
    @patrickmurphy8222 3 ปีที่แล้ว +1

    Scored my first Sovereign today. 1927 George V in mint state condition. Woo Hoo!

    • @mattkossuth3008
      @mattkossuth3008 3 ปีที่แล้ว

      If I may ask. What was the cost of said coin back then, 6 months ago?

  • @Eli-qr9hc
    @Eli-qr9hc 4 ปีที่แล้ว

    I like that black foam ring capsule. What size it? I want to order some

    • @SilverDragons47
      @SilverDragons47  4 ปีที่แล้ว +1

      Eli 22mm 👍🏽🔥🐉

    • @wkb9683
      @wkb9683 4 ปีที่แล้ว

      I bet you do

  • @ronaldperry
    @ronaldperry 7 วันที่ผ่านมา

    I just bought 2 from Monument metals. One @ $15.99 over spot, and the other @ spot.

  • @CoinCollector
    @CoinCollector 4 ปีที่แล้ว +2

    I love holding gold sovereigns, it feels so nice!!!

    • @BusyBeeCompany
      @BusyBeeCompany 4 ปีที่แล้ว

      I have a bunch in a velvet bag, it's great to jingle them around, especially as they are bullion for the most part so scratches don't mean anything for the more modern ones or more common.

    • @SilverDragons47
      @SilverDragons47  4 ปีที่แล้ว

      Coin Collector yeah for sure!!! they do feel really heavy for a small coin 🔥🐉

    • @sirrathersplendid4825
      @sirrathersplendid4825 3 ปีที่แล้ว +1

      @@BusyBeeCompany - Oddly enough, long ago they used to put gold coins in a bag and jiggle them for hours so that small fragments would chip off. When repeated many times with many coins the bags would contain enough gold fragments to melt and sell. This was known as ‘sweating the coins’.

    • @BusyBeeCompany
      @BusyBeeCompany 3 ปีที่แล้ว +1

      @@sirrathersplendid4825 i only sweat when I don't have any..lol.

  • @lukewilson3271
    @lukewilson3271 4 ปีที่แล้ว

    My local pawn shop wants 18x face for constitutional, I almost choked when he said that. Also great video.

    • @silverspout4791
      @silverspout4791 4 ปีที่แล้ว +1

      luke wilson You will choke when he tells you what he will pay.

    • @SilverDragons47
      @SilverDragons47  4 ปีที่แล้ว

      luke wilson 😮😮😮 that is literally robbery 🔥🐉

  • @Ineedahandle75
    @Ineedahandle75 2 ปีที่แล้ว +1

    Such a high copper content these days compared to the old ones