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<p>[QUOTE="myownprivy, post: 2931270, member: 84588"]That's absolutely correct about full ounces vs fractionals.</p><p><br /></p><p>The problem with sovereigns is the buy backs at most places are too much under spot. I really enjoy the two that I have, but I have never bought more for that reason. </p><p><br /></p><p>If you check Provident, here's the evidence: </p><p>Current gold: $1243. </p><p>Current Sovereign: $316</p><p>AGW: .2354, $292</p><p>Buy price: $289</p><p><br /></p><p>So, this is one of those gold pieces that will always sell above spot but sell below it. With full ounce pieces that is not the case. Even with fractional Eagles or Maples the buy back price is above spot, so if you can pick them up when the premiums are cheaper, they're good buys. So be careful.[/QUOTE]</p><p><br /></p>
[QUOTE="myownprivy, post: 2931270, member: 84588"]That's absolutely correct about full ounces vs fractionals. The problem with sovereigns is the buy backs at most places are too much under spot. I really enjoy the two that I have, but I have never bought more for that reason. If you check Provident, here's the evidence: Current gold: $1243. Current Sovereign: $316 AGW: .2354, $292 Buy price: $289 So, this is one of those gold pieces that will always sell above spot but sell below it. With full ounce pieces that is not the case. Even with fractional Eagles or Maples the buy back price is above spot, so if you can pick them up when the premiums are cheaper, they're good buys. So be careful.[/QUOTE]
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