Gold Sovereigns - We buy Gold Sovereigns & Sell Gold Sovereigns and Other Gold Coins
Gold Sovereigns are one of the most popular ways for investors to put some of their money into gold, since they are relatively common gold coins, containing just under a quarter of an ounce of gold, making gold sovereigns much easier to buy and sell, and more convenient than other gold coins like the krugerrand, maple or panda which are 1 ounce gold coins (although these gold coins are also available at half an ounce, a quarter of an ounce, and a tenth of an ounce versions too).
Gold Sovereigns, being a relatively common gold coin, can often be bought as bullion coins which are very close to the gold price and without a significant numismatic value, unless they are from a rare mint or year, etc.
This means that gold sovereigns can often be bought for no more than 3% over the spot value of gold, and sold for around 3% under the spot value of gold - this difference between the buy price & sell price is where gold coin dealers make their profit margin.
The small spread when you buy gold sovereigns & sell gold sovereigns makes them an extremely attractive and easy way to invest in gold, and at GoldSovereigns.org.uk we buy & sell gold sovereigns and other gold coins.
Buying Gold Sovereigns
It is essential when you are buying gold sovereigns that you deal with someone you can trust.
The high price of gold has inevitably resulted in a large number of fake gold sovereigns being sold onto the market (along with fake gold rings, bangles, jewellery, & other coins), which can be extremely difficult to tell from the real thing to the untrained eye.
Many of these fake gold items are made from either brass or gold tubing which is filled with lead, the gold sovereign fakes (which has historically been faked over many years) are often made from 22ct gold, so they still retain their gold value, but it is illegal to sell them as gold coins.
If you are unlucky enough to end up with a fake gold sovereign then all may not be lost, since many fakes are made from 22ct gold and these can always be sold to scrap gold dealers for their scrap gold value.
Buy Gold Sovereigns from GoldSovereign.org.uk
When you buy gold sovereigns from GoldSovereign.org.uk you can be sure that you will end up with what you are paying for, since we are a well known gold coin dealer.
We can provide a selection of gold sovereigns and other coins that carry a significant numismatic value over the gold bullion value, and you can either buy single coins or investment packs of coins from us.
You can get an idea of the cost of gold sovereigns from our buy gold sovereigns page, but this value will change as the value of gold changes, so please contact us for current prices for gold bullion coins.
Selling Gold Sovereigns
When you come to sell gold sovereigns you must again make sure that you only deal with people you can trust.
Local jewellers and pawn shops will only pay you a fraction of the true worth of gold coins or other gold items, and so inevitably people look to find better deals on the internet.
Although this is great if you find a trustworthy dealer, always remember that you are dealing with someone who you probably don't know personally, and who will potentially be difficult to track down.
Since all gold dealers and coin dealers will obviously want to see the coins and have them in their possession before they pay you, you will need to send your coins to them - and if you aren't careful you could end up without your coins or your money
Sell Gold Sovereigns to GoldSovereign.org.uk
When you sell gold sovereigns to GoldSovereigns.org.uk you can do so with complete confidence & be sure that you will get a fair price for your coins - we are a well known gold coin dealer that you can trust.
To sell your gold sovereigns and other coins to us we ask that you send them well packaged by special delivery. You can get an idea of the prices we pay for bullion coins on our sell gold sovereigns page, this price will vary as the price of gold changes.
We will contact you promptly upon reciept of you coins to make you an offer. If you want to accept our offer then we will transfer the money to your bank account the same day. If you do not want to accept our offer then we will return your coins back to you by special delivery.
Please contact us to find out the exact price that we are paying at any particular time.
You can learn more about the gold sovereign from our sister site, a free information site on gold sovereigns, www.goldsovereign.org.uk