sovereigns vs bullion

Discussion in 'Gold' started by Faraz, Apr 4, 2021.

  1. Faraz

    Faraz Member

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    I'm always confused regarding value of sovereigns vs bullion in my stack.
    Should I buy 22k vs 24k or is it good decision, I will be very thankful is someone educating me.

    Thank you
     
    Faraz, Apr 4, 2021
    #1
  2. Revils

    Revils Well-Known Member Silver Stacker

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    I agree personal preference, I find bullion grade sovereigns easy to sell - nothing too numismatic. I like Australian sovereigns ~1870-1910.
     
    Revils, Apr 4, 2021
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  3. jultorsk

    jultorsk Well-Known Member Silver Stacker

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    jultorsk, Apr 4, 2021
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  4. Faraz

    Faraz Member

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    I check some sovereign7.986g and minted from solid 22ct gold (91.7%) yielding a pure gold content of 7.3g for $621. Is it a good deal?
    Thanks
     
    Faraz, Apr 4, 2021
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  5. bubblebobble2

    bubblebobble2 Administrator Staff Member Silver Stacker

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    That's bloody good deal for SOVs.. cause they attract 10%GST as they're not 100% pure BU...
     
    bubblebobble2, Apr 4, 2021
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  6. DavidW

    DavidW Member

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    I am a regular buyer for any sovereign under about $650.
     
    DavidW, Apr 4, 2021
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