Should I collect British Gold Sovereigns?

British gold sovereigns are a perennial favorite but are they right for you? The modern Sovereign has been around since 1817 in the reign of George III, and has proved to be one of the most desirable and collectible, series of British coins ever made with many varieties and many options. Let’s talk about the options and find out whether collecting sovereigns is right for you.
https://www.thenumistacker.com/send-coins-in-for-submission
🔥 Promotions
For modern Royal Mint coins use The Coin Connection
www.thecoinconnection.co.uk
🔥 Joining the Numistacker Coin Collecting and Grading Community
The Numistacker Facebook Group: / 1228646177276223
🔥 Numistacker on Instagram: / numistacker
🔥 Numistacker on the web: www.thenumistacker.com
Numistacker Exclusive Labels for NGC: www.thenumistacker.com/ngclabels
🔥 Numistacker www.thenumistacker.com
Numistacker mailing list here mailchi.mp/709712aee059/join-...
🔥 Submit coins for grading with NGC
www.thenumistacker.com/send-c...
🔥 Consign coins to auction
www.thenumistacker.com/heritage
www.thenumistacker.com/coinery
🔥 Contact me by email
[e-mail]
1038
#rarecoins #collecting #numismatic

[@iby914]

Love sovereigns. Only wish they went back to the lustrous yellow of the past instead of the more rose gold we see today

[@potnoogle5780]

There is no such thing as rose gold, there is more copper in it.

[@hillbillystacker]

I love gold sovereigns. They're probably my favorite gold to have. All mine are older ones pre 1960. I have more Victorian sovereigns than any others. I'm in the States and I'd much rather have the sovereigns as the eagles. They're quite popular here and gaining in popularity every day. I like the history attached to them. Great video.

[@alexanderthegr8763]

Modern British sovereigns have been struck both at the Royal Mint and at branch mints since 1817. The first mint outside of the UK to strike sovereigns was Sydney. The Melbourne Mint followed in 1872, then the Perth Mint in 1899 the Canadian Mint in 1908 the Bombay mint in in 1918, and the South African Mint in 1923. The gold sovereign is one of Britain’s most famous coins, the first of which was minted in 1489 by King Henry VII, due to its long history it is considered by many as the flagship coin of the Royal Mint. Sovereign’s, is the currency of Kings (or Queen’s)

[@gavinsverdloff4291]

I have my Grandfather’s gold sovereigns that he told me he paid £2 for, I purchased QE2s for £10.50, my Grandfather was angry with me for paying too much. Happy New Year to you all.

[@Numistacker]

Time heals all

[@Patrick3183]

Sorry how do u pay ten pounds for a gold coin?

[@greekstacker]

@@Patrick3183 Because he probably bought it 40-50 years ago..

[@gavinsverdloff4291]

@@Patrick3183 The purchase price in 1970

[@johnbyrne2127]

I absolutely love gold Sovereigns...especially the Victorian and Edwardian beauties.

[@Numistacker]

Sovereigns will be forever ))

[@johnbyrne2127]

@@Numistacker Too true, I totally agree . 💜

[@richardmcgonigle1160]

Young victoria heads are mu faves.

[@desgoulding7154]

Another great video mate. Many thanks for sharing. Hope you and for family have a great New Year.🎉

[@greekstacker]

Sovereigns are the most popular gold coins here in Greece. They are the only bullion I collect because you can buy and sell anywhere and anytime for around spot price(bullion). What I really find funny is when I see people sell a ms64 and pay X2-X3 for "an upgrade" ms65-66 for a normal - common sov ie gillicks. R3+ I can understand but X3-X4-X5 spot for normal sovs with millions minted I can not. Happy new year!

[@Numistacker]

I tend to agree with you and one needs to be very careful assuming rarity in NGC holders is same as actual rarity

[@bigbill74scots]

Where in Greece do you buy and sell? I may do so for fun when I'm there in March.

[@SouthSideFrankie]

Very Good introduction to Sovereigns. Sovereigns are the only bullion I collect. I have been buying them since around 2000. At that time they were undervalued and you could pick up a bullion grade coin for around £55, and lets say a George V in EF for around £75. I still have these coins and I am still buying them. I am not a collector, I buy bullion grade only as a way of investing in metal. Nevertheless I have a lot of different types/monarchs so I suppose I could say I have a collection. For me coins in bullion grade are much easier to sell than a very rare/high condition specimen and a lot can happen to the gold price waiting a few months for an auction. What I am also noticing is that even the bullion grade sovereigns, for instance above 1890 are now attracting a premium above the metal. 5 or 10 years ago they did not.

[@Numistacker]

The market has changed and sovereigns are not as “generic” as they were

[@markfairfield1552]

nice to see the video, sovereigns are my go to gold coins, got lucky through yourself at a London coin convention when you had some graded for me which graded well :)

[@ovidanovi603]

I started collecting coins since 2014... I was trying to find out more information about my first coin that I purchased at that time and that's how I came across your videos... And since then I've learned a lot of useful things and I got many good tips to stay away from the fakes in the market and how to grade my coins ...now my favourite coins are british sovereigns specially the key ones... Thank you very much for your help Numi...All the best in the new year!

[@Numistacker]

That is great news Ovi

[@martinwilson5210]

Happy New Year, Russell. Thanks for the video. Hope to see some mega results videos soon.

[@Numistacker]

Happy New Year to you 🥳

[@christophermccormick8670]

Fabulous eye candy! Thank you for the suggested reading and information.

[@Numistacker]

A pleasure

[@mrfaisaldean]

Thanks numi. A very informative video. I love all sovereigns. Regards.

[@ukmachinehead]

Happy new year Sir Russ!!!!!!!!!!

[@EmmanuelRAladesuru]

Educational and informative video. Thanks 🙂

[@9daywonda]

Have a prosperous new year, hope the coins really stack up for you.

[@Numistacker]

Happy New Year and many thanks

[@send2georgie_S2G]

Yes agree Numis, prices for graded sovs have risen considerably while raw bullion sovs are nearly impossible to find here. Cheers and thanks for the share 😊✌🏻

[@Numistacker]

Graded shields in MS are higher and higher

[@harryzero1566]

I didnt really get into sovereigns until last year, until I realised that they were better for supplementing my pension. However I wouldnt even consider carded examples, for one thing I wouldnt want to pay the extra premiums or want sell them. As my sovereigns are excellent specimens anyway, and don't suffer from the occasional handling. I do check mint marks and dates and celebratory years which gives me targets to acquire. For example I have all of HM QE2 gold, diamond, and platinum years as well as 200th anniversary and of course her first year of issue in 1957. I love my Victoria shield backs, and have some young, jubilee and widow heads as well. I also keep duplicate to trade out if the opportunity arrives to acquire something special.

[@Numistacker]

It sounds to me like you’re doing it just the right way

[@meteoman7958]

Happy New Year Numi. Some very beautiful early sovereigns. Premiums and prices are going up; I'm glad I collected early.

[@Numistacker]

Me too Meteo

[@sergionotarpippo7660]

Beautiful coins excellent video loved the jubilee head super nice . I collect half bullion sovereigns love the Queen victoria young and old more videos please 🙂

[@EmmanuelRAladesuru]

Your advice is very useful and sensible. 😂❤ Thanks.

[@vzorak8983]

Beautiful coins!! congrats!! Modern proofs (197x-present) of Elizabeth II are worth collecting. What premium can they have?

[@mickmilliebud]

fantastic video loved it sovereign.s yes my favourite coins

[@Numistacker]

Thanks Cindy

[@1954307]

interesting video numi, i would have thought the one to get now more than ever would be a 1979 pf70 gold sovereign the first proof minted in qe11 reign..

[@larue131]

Thanks for the video! Would what you said about sovereigns apply to half-sovereigns too?

[@nates4310]

Fantastic post - I’m in USA and sovs represent largest % of my gold

[@Numistacker]

I think that for someone in tbe usa they can be better value than many American coins.

[@nates4310]

@@Numistacker that’s my primary justification even though I prefer them visually! Generally 5% over at my local shop vs double digit for any 1/4 oz

[@johnlee4897]

Some lovely George III & IV sovereigns there. My 1820 was designated details by NGC but quite frankly doesn't bother me a great deal as I'm concentrating on completing modern QEII proof run from 1979 to 2022. It's taken 12 years to this point. Another batch will be sent to Numi for grading in the new year along with the new Charles III proofs and the start of a new monarch proof sov run...

[@Numistacker]

I am really looking forward to the Charles III proofs

[@IceniChick]

Was thinking of buying 1oz gold coins, but sovereigns just seem more tangible and achievable if stacking. Some good advice here, cheers!

[@ChasManIT]

Great channel with interesting content. Where do you buy your slab protection clear sleeves/bags? I can't find any for sale in the UK

[@Numistacker]

In the USA from wizard

[@ChasManIT]

@@Numistacker Thanks Numi, although at $28 shipping to the UK I think I'll give them a miss!

[@ukjjs1]

British sovereigns are the absolute standard. That makes me very proud. Yes I'm UK born and bred.

[@2010ETHANC]

Numismatics are very beautiful.And I can understand the desire to collect them. But in a currency and economic collapse,they have exactly the same intrinsic value as a bullion sovereign. So for a working man like myself. I believe that the limited funds at my disposal are better invested in bullion.

[@Numistacker]

It’s sounds plausible but history says the opposite in terms of world disasters to date

[@greekstacker]

Totally agree with this. If SHTF it doesn't matter if it's MS68, XF45, PF70UC, RARE, R7, C,N or whatever else you like, you will sell it at melt. That's why I mainly buy bullion sovs and very very rarely will I buy a numi coin only if it's a bargain.

[@Numistacker]

@@greekstacker if SHTF nobody will want the bullion at all. They will want food guns and ammo. In tbe RW where the SINGTHTF for the most part collectors will still pay a large premium for collectables

[@nahidmussani411]

Hi there, I have been following you for a long time and really appreciate your valuable contribution to teach us a lot of things. I have a question I bought few sovereigns 1902 and 1912 in very good condition but was cleaned by the former owner with brasso and soap lightly. So now my dilemma is shall I return it or shall I keep it. Does this effect collectibility? The coin has all details clean crisp or can I just keep it as bullion again does this affect it as bullion? Thanks in advance for your help.

[@Numistacker]

Yes cleaned sovereigns effectively become bullion or perhaps worse

[@jsilverchannel]

I love sovereigns! Difficult for me to find here in Canada.

[@jeremiah1059]

Do you have any statistics on sovereign collecting in the States?

[@chrisb.h4605]

Nice collection ... You mentioned your Facebook group , I actually applied to join that , and was clearly rejected! maybe I'm not snobby enough.. 🤷‍♂

[@Numistacker]

Perhaps your profile had no info or perhaps you did not answer the group questions?

[@onlygoldsovereigns3272]

If only a sovereign talk imagine the historical stories they could tell.

[@peterwithers9276]

Another great video and great introduction for newbies. What is there to say about Gold Sovereign's? History, beautiful designs, variety, rarity, mesmerising to name but a few. I've collected Gold Sovereign's for many year's and am always drawn to them at coin shows. I know there are other countries but for me the most beautiful is the Sovereign with the Victoria Shield back. I love the "young head" of Queen Victoria and the detail of the reverse whilst showing depth to the fields gets me every time. What I don't understand and think may be the future, are older Victoria Sovereign's in MS62 or better. How can a 17,500 mintage Modern Proof where maybe 500+ will be graded be worth £850 whereas a 1860's decade Victoria Shield back MS62 be worth less with only 20 or so in that grade or better? For a newbie, my advice would be to start with the Queen Victoria's, get a good eye, avoid cleaned coins and build a historical past centuries collection. Some modern's will do well but there is a culture pushing us that way and it may be short lived - but who knows. Grading is another sore point for me on modern Sovereign's - if you want a 70 go to NGC, the numbers tell the story (sorry but the numbers between PCGS and NGC back it up). Older Sovereign's are a different story with very similar number's for coins graded in each condition, which I find comforting. Whatever you decide to do and collect as Numistacker says, read up about what you are collecting. Knowledge is money saving!! Here's to a great year of collecting, whatever your desire......

[@Numistacker]

Ultimately that Victorian, MS62 will be worth significantly more than the modern proof. However, the modem proofs are more accessible. I see a large number of people driving money towards them at the moment.

[@667hodge]

You know why Sovereigns?... history.Happy New Year Numi

[@Numistacker]

Happy New Year

[@freewillhongkong]

so beautiful😍

[@WTU208]

3:05 nice

[@sinesaii]

I love Sovereigns. I collect them here in ChicAgo. I like the Victorias, but all of mine are circulated. I love their size, and their premiums are not crazy (here in the US the premium’s for 1/4 US, Canadian or Aussie gold are silly or even stupidly high. The premium on a quarter gold Britannia is far higher than a Sovereign. Most of all, I like that one can sell them. Ducats and Roosters look cool and seem cheap, but good luck selling them. I have a Maple, and a 1/10 Britannia, and as a yank the obvious Gold eagle fractional’s, but I only continue to stack Sovereigns. My new interest has been double or half Sovereigns, but I have yet to buy one out of fear of liquidity issues. But for a good coin that is not $2,000 or more with reasonable premiums, one cannot beat Sovereigns. That said, if I were rich, I would collect Bactrian gold and gold Athenian owls or Seleucid gold.

[@MENSA.lady2]

If you can buy at bullion price then YES. I buy sovereigns in jewelry. Separate them and sell the ring mounts, usually 9CT as scrap and keep the coins. The scrap is my profit margin.

[@dread4836]

just ordered another 20 george v, hate the packaging though

[@ericdawson845]

Numi - are those yours? Liked the 1911! Sovs have gotten so crazy that I don't want to touch them anymore...LOL Half sovs used to be safe but no longer are.....

[@Numistacker]

The 1911 two Sov is one of mine

[@palestineViper]

what's acceptable premium over spot price for soveereigns? In Germany 1 Pound coin comes with around 7% to 9% premium

[@Numistacker]

For base bullion premium of 3-5% between buying and selling is possible

[@user-to4on1fd8g]

Какой смысл простые суверены слабировать ( гробировать)? What is the point of simple sovereigns to weaken (coffin)?

[@ianbird7444]

Think the platinum jubilee coins will fly in value especially the 4 coin sets

[@Numistacker]

Me too

[@Juan_Doooh]

I don’t think I’ll ever understand the “Rare” scale, since it doesn’t apply to US coins.

[@terrorbite210]

Just need a MS 1841 sovereign now...

[@Numistacker]

Only tbe 1841 )) you are doing well

[@terrorbite210]

@@Numistacker Need many more sovereigns than just one I was a bit misleading there

[@davidboyd4026]

Maybe they didn’t want competition for the sovereigns😮

[@braden6992]

Too small for me

[@user-to4on1fd8g]

Монеты - это свидетели истории, к ним надо прикасаться их надо любить, чтобы почувствовать дыхание истории! Слаб - это гроб для монеты! Мне очень жаль что вы этого не понимаете! Coins are witnesses of history, they must be touched, they must be loved to feel the breath of history! Weak is a coffin for a coin! I'm sorry you don't get it!

[@Numistacker]

Many coins are ruined by touch and loving a coin is not dependent on slabbing or not slabbing. Ultimately there are those who like slabs and those who don’t and there is room in this world for everybody

[@user-to4on1fd8g]

​@@Numistacker If you can translate into Russian!

[@tomtharos4440]

Collect? Yes, Sovereigns are very collectible. Different sovereign effigies, different mints. Stack? Maybe. Slabbed? Absolutely not.

[@devilgod136]

Because it's more expensive? Or is there another reason why you wouldn't buy slabbed coins? Genuine question. I've got quite a few coins but I'm a novice. Cheers

[@tomtharos4440]

@@devilgod136 Graded coins are a scam. A way to squeeze every last penny out of an unsuspecting customer. The more people who sell back to their LCSs and realize they get standard gray sheet, the more who will realize how big of a scam slabbed coins are. The only bigger scam is charging even more because it has a CAC sticker. I have a PCGS FBL graded Franklin half. It has a ding across the bell lines. PCGS’s published grading standard is: PCGS designates Full Bell Lines for Franklin Half Dollars that grade MS60 or better and show full separation of the lines on the bottom of the Liberty Bell on the reverse. To qualify for this designation, a coin must also show no major disturbances, including cuts and marks, of the separation of the bell lines. Makes one wonder. And regular bullion coins! Over half of all American Silver Eagles sent in are graded MS70 and 29% graded MS69. They aren’t rare. The “First Strike,” Mint Director and other fancy named additions add zero true value to the coin. So if you can get a graded coin for the same or less, go ahead, but don’t pay a premium over a raw coin.

[@devilgod136]

@@tomtharos4440 Wow! Thanks so much for all the info, Tom. Glad I never purchased slabbed coins. Cheers.

[@tomtharos4440]

@@devilgod136 well, I’m going to modify my statement a bit. I wouldn’t buy a US $3 gold coin unless it comes from a very reputable dealer with a lot of experience or it’s slabbed. Too many fakes. Morgans. Key dates and semi-key dates not purchased from a well-known and respected dealer, buy only slabbed. There are really good fakes fakes. For example there is a 1884-S Morgan fake that would fool most people unless they know the blemish/gouge on Liberty’s cheek is only found on the 1884-CC. Or they are looking at a BU or better coin and understand 1884-S Morgans are nearly impossible to find in higher grades. If you don’t understand die pairs, and you are not dealing with a reputable dealer, only buy slabbed. And even then, be careful. A lot of dishonest people peddling fake Morgans in fake slabs. Hope I didn’t confuse you.