My 1st Full Gold Sovereign and I think im in love - #163

in #steemsilvergold7 years ago (edited)

Finally got myself some gold. I have a little gold and i always love getting it. This time i decided to buy a 2017 full sovereign. This is the first normal sovereign i have ever brought, i own a 2011 half which was gifted to me and i have the 2017 struck on the day which i bought from britcoin on here. This time round, i was placing a silver order and did not really see any extra's i wanted so thought, get a sovereign. It arrive in a small baggie so i have ordered a few caps from eBay.
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The gold Sovereign is the Royal Mints flagship coin with over billion said to have been minted. The 2017 has an additional privy mark as an acknowledgement of the 200th anniversary. Each coin is struck with 22 carrot gold to the weight of 7.988g which has a purity of 916.7 gold otaling to just under a 1/4 oz. These coins are fantastic value for money, they are always closest to spot and by far the most easy to flip when the time comes. The coins diameter is 22.05mm and are shipped in capsules from the mint. If you buy from another source, it is unlikely to arrive in a capsule.
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This is one of those special coins that everybody in the UK knows. Most people will have no idea what a panda, lunar, kooks ect are, some will know what a britannia is, but everyone in the UK know's a gold sovereign is worth something. I have messed up my silver stack by buying eveything and anything i wanted, now i have a big headache when it comes time to sell and get max premium. With gold, i will try to only stack sovereigns. They cheapest to buy, easy to flip and the thought of having 25 sovereign's so i can own a full tube gives me a semi :)

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Ladonna is a beast and half the value :)

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Way to go! You gotta love the feeling of that piece of gold in you hands!

Don't make that sovereign your pocket piece! It will be a bad bad day if you lose it!

haha, Ladonna is my pocket piece. She can find her way home if lost :) I taught her to use uber

I love a bit of gold, 1st of many i hope

I need to buy more sovereigns, the 1/4 unicorn is my next gold but a cool idea to fill a tube of sovs

I looked at 1/4 oz queens beast's but i know when i get one and knowing there will only be 10, i would need to buy the lot as and when released. Im trying to keep gold simple so i can flip it out quick. Them beast coins are really though, i will have to do with the 2oz silver versions.

Little and HOT :)

It looks hot, its a nice warm colour

I had no prior knowledge of this coin but it sure is a beaut! Owning gold is awesome as well, although I personally haven't ventured into that yet. Nice find man, keep stackin!

My very first gold was a 1gram perth bar. You should dip your toe if you ever have any extra funds :)

Will u get taxed when u sell??

No, i dont think so

Congrats, nice score!

Thanks buddy.

Pretty coins aren't they?

Im gonna get more, i might take me 5-6 yers to fill a tube though, haha

Nothing wrong with accumulating over time. You are moving forward. Bravo

I wasn't even aware of this coin. It looks magnificent! Congratulations / Upvoted (-:

Its a fantastic coin. The UK is not the only place to mint sovereigns :)

Nice gold! Once I hit my secondary goal for silver this year I'm going to try and add at least a little bit of gold to the stack myself.

The first time i got gold, i was like is that it, is that all i get? Its a treat for me before the 2018 silver coins are released :) Thanks for commenting buddy

I had a 1/10 AGE awhile ago and was always amazed at how small it was everytime I picked up 🤣 especially compared to an ASE or Britannia!

2017, 1886 they are of the same value right??

Pretty much, the 1886 might get a little extra depending on condition. As there are lots of these and they are very close to spot, they are always worth around spot even the older ones.

Sorry..what"s all these spot?? i was sold a pensioners coins like the young victoria? more expensive too when i found out later.

The spot price is the price the metal is now.

I really need to diversify my stack, it's all 1oz silver at the mo. I really should pick me up at least 1 of these

Go for a half sovereign are a 1/10th oz. This is a treat coin for me, i own 4 bits of gold in 4 years of stacking