The George & Dragon Sovereign - In Focus Friday - Episode 67!

[@michael_177]

I know this is an old video, and you might not see it, or anyone, in fact. But does this mean you can have an old sovereign coin, and so technically own a gold bullion coin, AND a little piece of history that someone would have used in their daily lives? That sounds amazing

[@BackyardBullion]

Yes indeed it does, which is why I love these old coins.

[@jadenephrite]

Sovereigns are minted from an alloy of 22 parts gold combined with 2 parts copper which was introduced by King Henry VIII in 1526. Officially this 22k gold alloy is known as Crown Gold which is the same alloy used for minting gold Krugerrands. Sovereigns and Krugerrands have same rose gold colour when freshly minted.

[@e-gaming8027]

Watching it now makes me feel like wow he said £900 on ounce. I remember when it was that price because i wish it still was

[@9004allen]

E-GAMING haha just thinking the same

[@chrissummerfield9583]

Look now 😀

[@e-gaming8027]

Chris Summerfield lol yea £1,380 an oz

[@adespade119]

Not sure I like the copper colour of the Sovereign, but I plan on stacking them anyway. The Queens beast gets my vote

[@gregbooth9680]

I'm not keen on the colour either, I've decided to call them Rose Gold so I feel better about 'em.

[@greenfroggaming736]

The old ones had silver in but these have just gold and .84 copper just horrible looks like you have purchased from PANDORA very poor royal mint it has to be a cost thing

[@grandpafossil]

So much history in the sovereigns. I love them, if only we could get a glimpse of where they have been over the decades!!! I vote dog please. Great show my friend

[@BackyardBullion]

+FOSSIL METALS thanks my friend, I love thinking about where and what a coin has seen over 150 years! Amazing stories for sure! Thanks for the vote!

[@30roundclipazine79]

Love them. My dealer charges melt when they come around. Needless to say they don't last long. Tax on bullion is up to specific states. And as long as you buy or sell less than $10k in a day, Uncle Sam isn't notified. They're big in Lebanon too.

[@BackyardBullion]

Wow, sovereigns for melt value is awesome!

[@30roundclipazine79]

Backyard Bullion luckily the coin shop has an xrf scanner. I'm just now starting to realize how many counterfeit sovereigns are floating around. And some are hard to spot due to their circulated condition

[@Beachbumartist]

Beautiful sovereign gold bro. Love the look of those. Thanks for showing it and the history.

[@BackyardBullion]

+BeachBum Silver my pleasure 😉

[@Alan7997]

Yep, investing in sovereigns and the occasional Britannia when you're flush is the way to go right now. I've reluctantly accepted that the value of my pension is going to tank in the next few years so I'm putting all my expendable into gold and silver.

[@FL70NJ]

It is a nice sized coin and looks good!!I personally like the way the old sovereign looks, from all it's original day to day handling!! People would have a heart attack just thinking about doing that nowadays!! The pound's a pound, they all spend the same! The dog sounds good for next week! Happy Holidays to you sir and every one of your loyal viewers!!

[@BackyardBullion]

+Ray Knapp thanks.for the feedback and the vote!

[@ecklar123]

I like Sovereigns for fractional gold coins because they are recognized item and have been around a long time and are a nice looking coin. Where I am located in the US there is no tax on the purchase of these coins and if one shops around a little, the premiums on both older or newer dated Sovereigns are generally much smaller than on quarter ounce gold Eagles unless of course you are buying numismatic key dates or other rare coin.

[@BackyardBullion]

They do have good appeal and are a good size. Good that there is no tax for you too - I would always rather buy an old coin for the same price as a new coin!

[@ecklar123]

Backyard Bullion Yes. I would also prefer to find the older coin if it’s in very good condition.

[@TomokosEnterprize]

Two wonderful pieces to start with and the Carded Unicorn will be my choice even if I don't really care for any carded piece. Thanks my friend and we shall see you next showing.

[@BackyardBullion]

+Tomoko's Enterprize thanks for the vote!

[@Kered-9]

Most likely my favorite gold coin :)

[@BackyardBullion]

+J Silver the same for many people I would imagine!

[@alexanderrdevoogt3235]

Great coin, really like the George and the Dragon design. I'll vote for the Unicorn. Thanks for another great video.

[@BackyardBullion]

+Alexander R De Voogt thanks for the vote?

[@jadenephrite]

Regarding 3:01, the name of the Guinea gold coin was attributed to gold that was sourced from the Guinea region in West Africa.

[@michaelbuckley6710]

I love them and have 3 half Sovereigns . Looking to get many more ! West Coast of the USA

[@buccos2004]

I always look forward to In Focus Friday! Another great video, thanks BB!

[@BackyardBullion]

+Keystone Stacker thanks!

[@ArgentumSpartus]

Very nice sovereigns, they are my personal favorite gold coins!

[@BackyardBullion]

+Argentum Spartus as they are with many others!

[@999magnum6]

I vote for the dog. Now as for the sovereign, I’ve never seen or heard of them before I joined The Silver Forum, but now that I’m kind of in the mix I hear Sovereign this Sovereign that all of the time it seems. To me the Sovereign is a real beautiful coin and I hope to purchase a variant in the near future.

[@BackyardBullion]

+999 magnum they are very popular coins for sure! Thanks for the vote!

[@mimaroo1431]

I have 4 sovereigns and 5 or 6 half sovereigns. The newest one I have is 1965. Here in Canada we don't pay tax on anything 99.9 or higher in purity. Anything below that, we pay gst on. The dog gets my vote

[@BackyardBullion]

+mimaroo ouch, nasty taxes! Thanks for stopping by and voting!

[@ARMYRIFLES46]

On the Royal mint website the 2021 Sovereign looks pink, so its not?

[@aliciacb8284747274]

Its something in between a 1p and a 999 gold coin. Very coppery looking but toned down due to the gold content

[@silverandgoldportugal]

The new sovs are so nice. You are correct about the size.

[@BackyardBullion]

+silver and gold Portugal they are awesome!

[@silverandgoldportugal]

I like the old european gold coins with that size. For example: Portugal 5000 reis 8,7g ; France 6,5g ; Great Britain 8g

[@silverandgoldportugal]

BB, a am subbed to you Let me invite you to my young channel, with silver and gold items from Portugal. You are welcome.

[@dwingsworld2581]

Third times a charm lol going with my Scottish unicorn lol again lol. I like the sovereigns personally and in the state (really a commonwealth) that I live in there is no extra tax on any precious metals or currency so it is no problem here. I think the design is very regal and something we would not see here across the pond so maybe thats why I like it so much. Thanks for sharing and Merry Christmas to you and yours!!

[@BackyardBullion]

+D Wing's World thanks for the vote! Hopefully this time is a charm! The sov design is a great one for sure, timeless classic!

[@Alexwhatisit]

In California these are generally "cheaper" when stacking for some reason. Most foreign gold is when compared to AGE or Buffalos when buying a Oz.

[@chriscateye]

Why are the new sovereigns kind of pinker than older ones? Do they use more copper now?

[@DDGARDENING2024]

Hi backyardbullion I’m in the verge of starting my gold stacking journey, I have bought some best value secondary market sovereigns & I was wondering would I need to put them in capsules or would they be ok to leave them all together in one bag, would this affect any sort of value in the future

[@BackyardBullion]

Best in capsules but in a bag will just be fine too!

[@ellencecilia1605]

How much is a 1913 Gold sovereign? I can't tell whether it is half or full. I noticed it is the same size as the Canada nickel, so perhaps it is a half. Selling it on ebay now. One buyer for $100.

[@aprilg5222]

I wish I could answer your questions but I've never purchased a gold coin or round. 2018 I hope to purchase my first gold coin but it will might be a St. Gaudens. Rwanda dog of course. Thank you for sharing

[@BackyardBullion]

+April Gabriel the at gaudens is an amazing coin, I picked one up this year.

[@aprilg5222]

Congrats, I hear they are nicer in person.

[@greenfroggaming736]

The copper colour does my head in …. save your money up and get a Britannia stunning coin

[@gligor1290]

The Sovereigns are some nice coins.

[@BackyardBullion]

+gligor1290 yes they are!

[@thecatlifeofcallieandtimmy6472]

Does condition of bullion matter? Should i still buy it if it has scratches or dings on modern coins?

[@KwanYuenCHENG-y4q]

I think the chances for modern gold/silver coins , no matter bullions or collectibles , they will not have high premium over spot no matter how long you have stacked since there are huge amount of existence unlike the old gold standard coins , where they were mostly melted down already . Long story short , the most important thing is if there are no one destroying the coins , they are just spot price to be

[@slackerstacker6274]

My vote is for either the Metals Mafia bar, or the dog.

[@BackyardBullion]

+Slacker Stacker one or the other my friend 😉 thanks for stopping by!

[@slackerstacker6274]

Oh ok. I know the work in making the Mafia bar, but would love to hear your version of it. I guess I would vote for the dog then. I know nothing about that. Our story played out in my last video about the twins. Take care my friend.

[@barrydouglas387]

New coins are 22 carat old are 24 hence difference in colour 👍

[@corndogg4279]

my vote is for the mafia bar as for taxes in my state they do not have any sales tax on PM's so that is good

[@DOCSilverStacker]

corndogg 42 same here buddy lol

[@BackyardBullion]

+corndogg 42 thanks for the vote!

[@getmartincarter]

The 22k. Gold Sovereign continues to be minted at the Perth Mint here in Australia , however it is subject to 10% GST sales tax and since 1985 subject to capital gains tax. Accordingly it is less popular than the 24 k. coins that as investment grade are exempt from sales tax but not CGT

[@sirrathersplendid4825]

10% sales tax on gold is absurd.

[@billygagne2139]

I absolutely love the sovereign Saint George and the dragon it's my absolute top favorite coin that I don't have except for in silver but I will have one in gold and I have the Proof sovereign Yes absolutely love... I think it's the European in me I go to Queen Beast series Or metal mafia Bar… I'm gonna buy one today

[@BackyardBullion]

+Billy Gagne thanks for commenting and voting! The sovereign design is a timeless classic for suren

[@savagestacker]

Why are the new sovereigns pink I’m guessing copper content but I’m bot finding anything on the copper percentages. Was going to buy one but worried about the pinkish color at resale!

[@BackyardBullion]

22ct gold with copper instead of silver content. It is different, some like it some dont!

[@savagestacker]

There definitely nice coins . I I think I need to have at least one in the stack thanks for getting back to me. It’s appreciated

[@midastouch9174]

Great vid as always on fri, just bought an 1888 syd sov myself today :) dogs got my vote.

[@BackyardBullion]

+midas touch good pickup there! Thanks for the vote!

[@DOCSilverStacker]

Let’s go with the unicorn 🦄

[@BackyardBullion]

+DOC Silver Stacker thanks for the vote!

[@pdxeddie1111]

looks almost like a rose gold color which cool it stands out from other gold bullion, I probably wont buy one but it is a nice looking coin

[@BackyardBullion]

I prefer the old looking style and colour

[@AgDUK]

I do like the sovereigns I'm going to be picking up a few in the coming year let's go for the dog next week please my friend

[@BackyardBullion]

+Ag D thanks for the vote!

[@gligor1290]

I will like the dog fore next week!

[@BackyardBullion]

+gligor1290 thanks for the vote!

[@andrewnorman4218]

Informative and interesting, where is the best place to purchase the bullion grade at around £120?

[@BackyardBullion]

+Andy Norman for £120 that would be a half sovereign. Try Hatton garden metals or Atkinson's bullion...but I think they are low on stock because of the cheap prices.

[@preciousmetalswithleif8939]

The red tone goes well in jewelry but for investment I just prefer yellow gold.

[@joshmiller2725]

I'm in the US and sovereigns are one of the best ways to buy gold. I believe in 22k gold. It can stand up to circulation the way gold was meant to be. This is supposed to be money. I don't need 24k coins sitting in plastic. This leaves the Eagle, Krugerrand, and Sovereign. And Eagle and Krugerrand aren't worth it in fractional sizes. So that leaves 1 oz eagle, 1 oz krugerrand, and sovereign. All are great, but sovereign are the only ones that are a smaller size, yet low premiums to buy. Plus they're classic looking, beautiful, and have real history. You can't go wrong with sovereigns.

[@SilverSaver888]

Love this coin. UK Sovereign is in my list. However, I am still thinking as to whether I will get the young Victoria or the 2017. I want this 2017 particularly because it is an anniversary year of the Sovereigns. Thanks for the information. I just noticed that my notification bell was deactivated by youtube. I wonder if there is a limit of notification one can get. I just activated it again. Do you get notifications from my channel? I have been missing you for months now! Take care, BYB!

[@BackyardBullion]

+Silver Saver I am getting notifications from you - but I have heard that KZbin sometimes mysteriously turns them off. Who knows what they do!

[@roxdude]

I just got my first sovereign recently a 2017 and glad i did . next i want a 2001. As for next week is a tough one. Had to send both dragon proofs back to rm to be exchanged as both was defective worst condition proofs i ever seen so guess i go with the unicorns.

[@BackyardBullion]

+rox dude they are great gold coins to get hold of!

[@romienacristobal5340]

i have one of that how is the price if want to sell that coin.please reply i have one im from philippines

[@matthewa8532]

i vote for the dog

[@BackyardBullion]

+Matthew A thanks for the vote!

[@HarveyJohnWillmott]

How comes they don’t have a unit of currency on them?

[@sirrathersplendid4825]

Didn’t need a unit 200 years ago when it was the only game in town.

[@ginger8383]

Algorithm works again, just the video I wanted to watch today. Would love that coin for £230!

[@AmitKumar-fh4yc]

I have 1 gold coin old 1909

[@iraqidoshi7020]

Hello

[@silverload3622]

Under 1000 bucks we get taxed but if your using cash with no receipts I’ve heard (wink wink) they will wave the tax and it’s mostly Eagles we see here in the USA

[@tallthinkev]

The dog for next time?

[@BackyardBullion]

+tallthinkev thanks for the vote!

[@bneelman4518]

Interesting to see the old next to the new sovereign. No change in design all those years? It does not appeal to me, maybe too British? :-) The dog next time please

[@BackyardBullion]

+B Neelman thanks.for the vote!

[@mikegpo1]

How about the dog !!!!!

[@BackyardBullion]

+mikegpo thanks for the vote!

[@ThePwcj]

Dog Please. Thank you and take care. Paul.

[@BackyardBullion]

+ThePwcj thanks for the vote!

[@aliciacb8284747274]

Love the colour, hate the design. Good thing I don't buy them because they're pretty

[@buccos2004]

Vote: Dog

[@BackyardBullion]

+Keystone Stacker thanks for the vote!

[@667hodge]

I'll take any Sov,they are beautiful coins and a good investment.Check out my Pharoah Skull vid,I gave you and some other pourers a shoutout

[@BackyardBullion]

+JRW3 just checked you out and subbed! Thanks for stopping by!

[@onuscronus984]

Unicorns 🇬🇧

[@BackyardBullion]

+Hera Heratic thanks for the vote!

[@kernel1949]

Unicorn plz!

[@BackyardBullion]

+kernel1949 thanks for the vote!

[@CH33SY93]

I have 2 1983 st George and the dragon £1 coin it isnt real gold like them ones it's just a real £1 what they are made out off I've heard they are really rare with being the circulation £1 coins are they worth money I have 2 but want to get one made into a ring aslong I have a big £2 coin that is all gold without the silver circle in the middle it's much bigger and thicker than normal £2 coin just never seen one off them £2 before I did get it in my change I kept them as I collect coins too

[@BackyardBullion]

+CH33SY93 some of these old circulation £1 coins are very valuable!

[@henrys8178]

Dog please!

[@BackyardBullion]

+Henry S thanks for the vote!

[@meteoman7958]

I have been collecting sovereigns my whole life, since they were under $10 each. Unfortunately, they are taxed here as they are not the required 999. I am collecting the Queen's beasts series in silver but the dog has my vote.

[@BackyardBullion]

+MétéoMan lucky you getting a sovereign for under $10!!! Thanks for the vote though!

[@meteoman7958]

Yes they were cheap in the 60's, but $10 then was very different than $10 now. It was once a whole meal, now it is a tip.

[@BackyardBullion]

+MétéoMan very true, buying power preservation though. You have turned one meal into 10 meals!

[@khalidalawesi1732]

Welcome my dear I own the same piece and I have a lot of it and it dates back to the date of 1926.

[@BackyardBullion]

Glad to hear it!

[@jima7925]

uni

[@BackyardBullion]

+Jim A thanks for the vote!

[@getmartincarter]

Here in Australia the Perth Mint coins the Sovereign but are less popular . The Gold Sovereigns are subject to both capital gains tax and to a 10 % GST ( VAT equivalent ). A better deal is the 24 carat gold 1/4 onze coin. This is classified as an investment grade coin and under Australian sales tax rules free of GST . Coins acquired before 1985 are free of GST .

[@paganphil100]

Martin Carter: We have to pay 20% VAT on all silver coins here in the UK but gold coins are VAT-Free. Both gold & silver coins are free of Capital Gains Tax if they have a face value because they're classed as "legal tender".