What is a gold sovereign worth?

Discussion in 'Gold Coins' started by stackmans, Aug 30, 2018.

  1. nicotineandcaffeine

    nicotineandcaffeine Active Member

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    No.

    "My current buy back" meant price offered to me and the general public. Currently $553

    BTW, reading this thread- careful XRF doesn't dismiss genuine sovererigns. Sydney Mints can read greater than 22 carat on both Au/Ag alloy and Au/Cu gilded coins.
     
  2. nicotineandcaffeine

    nicotineandcaffeine Active Member

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    I'm told Bullion Now buys at spot. Good luck to them.
     
  3. hardyakkagold

    hardyakkagold Well-Known Member Silver Stacker

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    They only buy pure bullion which is except from GST for spot or at least they used to ( I have not checked lately )

    I doubt any dealer in Australia would be silly enough to offer spot buy back prices for bullion grade sovereigns.
     
  4. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    A lot of talk. Money on the table would indicate between $675 and $725 street price on the secondary market.
     
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  5. nicotineandcaffeine

    nicotineandcaffeine Active Member

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    Of course??? Not in my experience.

    Private secondary market sales on or about dealer buyback price. Experienced collectors know where to check prices and adjust for their own costs.

    Public secondary market sales are higher but can't really take these prices at face value. https://www.ebay.com.au/itm/233781842083
     
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