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<p>[QUOTE=&quot;John the Jute, post: 603062, member: 17740&quot;]I&#039;m not sure that $240 is possible any more.&nbsp; At $980 an ounce, the intrinsic value of a sovereign (0.23542 oz) is about $230.</p><p>&nbsp;</p><p>$250 for a bullion sovereign is a premium of about 8%.&nbsp; That used to be possible in the US, but it&#039;s getting harder to find.&nbsp; APMEX still quotes that price but has run out of stock!</p><p>&nbsp;</p><p>If you just want a single bullion-grade sovereign, then I wouldn&#039;t be surprised if you had to pay a 12% premium or about $260.</p><p>&nbsp;</p><p>Later,</p><p>&nbsp;</p><p>John</p><p>&nbsp;</p><p>PS If you do find out what is the current best price, please come back and tell us.[/QUOTE]</p><p><br /></p>

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