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<p>[QUOTE="Brett_in_Sacto, post: 2612702, member: 71510"]You are correct. I bought numerous British gold sovereigns this year. I actually got most of them for a few dollars UNDER melt after Ebay bucks and cash back offers. Worst case was $3 over melt per coin for ~100yr old sovereigns. I did get lucky on one of them, as it was a rare date sovereign from the Sydney mint. Worth a bit of a premium. It all worked out in my favor I suppose.</p><p><br /></p><p>The thing is, if you have the market, the US bullion also has a premium when you sell, and it's recognizable.</p><p><br /></p><p>The Iranian Pahlavi I bought for $5 under melt will never get a premium - at least in the USA. It's another world trade coin, very similar to the sovereign and identical in weight. I could almost guarantee that if I put it up for auction, it would get less than the sovereign.</p><p><br /></p><p>You must also consider the collectible and numismatic value when talking coins.[/QUOTE]</p><p><br /></p>
[QUOTE="Brett_in_Sacto, post: 2612702, member: 71510"]You are correct. I bought numerous British gold sovereigns this year. I actually got most of them for a few dollars UNDER melt after Ebay bucks and cash back offers. Worst case was $3 over melt per coin for ~100yr old sovereigns. I did get lucky on one of them, as it was a rare date sovereign from the Sydney mint. Worth a bit of a premium. It all worked out in my favor I suppose. The thing is, if you have the market, the US bullion also has a premium when you sell, and it's recognizable. The Iranian Pahlavi I bought for $5 under melt will never get a premium - at least in the USA. It's another world trade coin, very similar to the sovereign and identical in weight. I could almost guarantee that if I put it up for auction, it would get less than the sovereign. You must also consider the collectible and numismatic value when talking coins.[/QUOTE]
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