Is It Worth Buying A Coronation Sovereign - This Is What I'm Doing With My Money and WHY!

#Gold #silver #royal
Made for a Crowning Moment
To celebrate the coronation of His Majesty King Charles III on 6 May 2023. We have struck a beautiful coin collection that features the first official crowned portrait of The King. This limited edition coin collection will be on sale Monday 24 April.
The Coronation Sovereign 2023 Collection includes Proof editions of the Quarter-Sovereign, Half-Sovereign, Sovereign, Double-Sovereign and Piedfort Sovereign, alongside a Proof and Brilliant Uncirculated Five-Sovereign Piece.
A Coronation Commemoration
Dated 2023, this collection celebrates the coronation of His Majesty King Charles III, one of the most momentous occasions in modern British history.
A Kingly Sovereign
Struck in honour of the newly crowned king, this release continues the rich heritage of The Sovereign and its synonymous relationship with the British monarchy.
A Royal Celebration
This is the first time a Sovereign collection has featured the official crowned coinage portrait of His Majesty The King, created exclusively for The Royal Mint.
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What do you think? Comment below!
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[@DavidJames-ms6rt]

Don't mention Magpies, I have 5 of them squawking and cackling in my back garden....there driving me mad!!! I had a look a few moments ago and still in stock, but with a cost of £725 and a high mintage, is it worth it, when you can get nearly 2 bullion ones for that, then I will take the bullions ones please. Is there a release date for the bullion ones yet?

[@AllysonWanty-xh4ou]

I bought three coin proof set 😊

[@1betterthan]

A large variety of Sovereigns today for sale not a everyday occurrence was it first come first serve or pot luck. What did I buy nothing, thought about the 5 coin gold proof set at 5.7k to much money just to buy as a punt. Will see what the secondary market brings over time.

[@dickdangle1963]

19000 mintage means in 12 months time there will be plenty for sale in second hand market for £600.

[@waynestokes948]

I stopped buying modern halfs dont like the shine of the gold and colour older ones are best more historic beautiful colour and getting scarce!

[@captainhindsight8779]

I think the low mintage of the half and quarter sovereigns are the ones to buy if you can get one, certainly a very low risk investment for the medium to long term IMHO

[@browpetj]

Good info. What abou the 5 coronation sovereign proof set? 1050 limited mintage 🤔 Worth buying on the secondary market?

[@asheland_numismatics]

Yay! 🥳 I finally located all three versions: SOTD, proof, and bullion. 🥳🥳🥳

[@GreatNorthStacking]

Hmm the 1 oz gold king Charles looks nice 💯💯💯

[@markbarnard5923]

I do think this is a specific Coronation Sovereign, as it has the Crowned Head of the King. That said I don’t think there needs to be another Sovereign issue this year. It could be a Coronation issue and this years only issue too. If they want to milk collectors futher they could add a 75 Privy mark for a Strike On the Day King's Birthday for the 14th November, again using the Crowned Head.

[@browpetj]

Not sure on the 5 sovereign coronation proof set 1050 mintage? High end of the range and out of stock early! Anyone think its a goer on the secondary market or by special order now? I missed the damn thing :0/

[@harrybarron5713]

why are they a different colour to regular 22carat gold? to me they don't look like gold.

[@BackyardBullion]

The copper content within the alloy rather than silver

[@Stg2077]

SOTD is the one to hold in my opinion. High mintage on this means you’ll see slabbed versions for less than rrp in a few months time. If you like it, buy it. Single not an investment though. Five Sovs and Doubles May do well

[@mike-js2510]

New investor here, but took a punt on 2 Half Sovereigns. There may have been an error on the price I paid, as got the pair for less than the price of the full sovereign! (Not saying where that was, but was not RM). Every little helps.

[@albertboulderwardthe3rd590]

Too many Sovereigns have been released in such a relatively short space of time, unfortunately cannot buy them all, so have given this one a miss. Have i done the right thing, only time will tell.

[@mike-js2510]

Yes, good point. With the number of new releasees for the 3 big Royal events, I suggest that "minor" events wouldn't get much interest, so best if they aren't honoured with special sovereigns or other commemorative coins this year.

[@simplyme2299]

Would love to know if there’s going to be a bullion version of this coin. I don’t really want a proof version.

[@captainhindsight8779]

There will be no bullion sovs this year due to the special year releases already 👍

[@chrisb.h4605]

@@captainhindsight8779 that's not what the R.M say ... only question is .. will it be crowned portrait..

[@Stg2077]

Available on 6th July (some will take preorders) and bullion coin will be crowned 👍🏼

[@eldanno5970]

@@Stg2077where did you see this info?

[@zerobars79]

Will this be released as a BU and available from dealers?

[@vaughndumas]

Why do these coins look like they're made of copper? I'm sure gold looks different? 🙂

[@jameshaydon8922]

It's because they are 22ct gold so probably have copper and other metals at 2%, don't be put off by it its quite normal for sovereigns and krugerands.

[@vaughndumas]

@@jameshaydon8922 Thanks mate.

[@seminumismaticguy8575]

Rather depends if Charles will be wearing a crown in future coins . If he isn't the crownless Britannia and sovereign will be more collectable as he will have been crownless one year and crowned for as many years as he lives . Crown wearing on coins stamps is optional .

[@anthonycunningham8116]

He is unlikely to be depicted wearing a crown on any coins beyond 2023-infact 2024 Britannias are already out and he is crownless.

[@nickgardener5802]

Two single Sovereigns now and the 5 matte (under the radar low mintage)when it's released. The question will be if future releases will be crowned. That's where the value will be. I just like the historical value.

[@devilgod136]

It won't be. Only female monarchs wear crowns so this one is special.

[@nickgardener5802]

@@devilgod136 The new Bullion Sovereign is Crowned. Maybe just this year only, who knows.

[@devilgod136]

@@nickgardener5802 Have they confirmed? I thought it was only going to be unveiled in July?

[@nickgardener5802]

@@devilgod136 Chards posted it.

[@Karl_Burton]

Greasy sneaks

[@solachesis451]

The fulls are significantly cheaper from other places like the britannia coin company. Like £695

[@ianbird7444]

skipped all off them was looking at the 5 sov BU but i think the mint have looked at the flippers\second hand market and basically taken the price up so they get any profit to be made as time goes by . The coins released on the 6th of May are the real pickups going forward

[@browpetj]

More people would buy the sets if they were transparent with premiums. Alot of guys that I know spending serious money hardly ever look at premiums and thise that calculate it, take the higher premiums most of the time. You get what you pay for.

[@jiayouchinese]

If he turns out to be the Anti-Christ I might regret getting one

[@BackyardBullion]

Literally no idea what you are talking about....

[@TomMattin]

@@BackyardBullion 😂😂. Crazy people of the internet BYB.

[@jiayouchinese]

​@Backyard Bullion You know what I mean. Sorry I insulted Chucky.

[@BackyardBullion]

No, I literally have no idea at all....You seem to be just a little crazy IMO

[@jiayouchinese]

@@BackyardBullion I guess you were insulted that your King was called the Anti-Christ. I have only one king, Jesus Christ.

[@VeteranStacker]

No

[@tredici72]

First

[@1betterthan]

🥇

[@saltyreeeloader5268]

Hard pass on this👎

[@captainhindsight8779]

I remember the same reaction to the 1989 Tudor proofs and they ended up selling below maximum mintage. Years later it would become highly sought after. Not saying that this is the case with this but just noticing the similarities.