Gold Soveriegns

bowlesbargain

I want to start buying some gold Sovereigns for my two grand children instead of giving them cash for birthdays etc. I have purchased other investment stocks shares etc. I am a little worried about how to go about purchasing Sovereign's.
I have checked a number of sites a full sovereign seems to be about £260 but there are lots of different prices. Can help by pointing me in the right direction
Many thanks

surreysaver

The expensive ones will be collectors' ones, rather than bullion ones. You can also get half-sovereigns (and I believe other denominations)
https://www.chards.co.uk/blog/buying-advice-and-information/a/gold
is a very informative website

ColdIron

These are some reputable sites/vendors
http://www.goldline.co.uk
http://www.hattongardenmetals.com/buy/
https://atkinsonsbullion.com/
https://www.bullionbypost.co.uk/
https://www.chards.co.uk/

markj113

I use Hatton Garden metals and Atkinsons mainly from the list above.


When comparing pricing dont forget to factor in postage as some add it to the cart and others include it in the quoted price.

bowlesbargain

bowlesbargain wrote: »

I want to start buying some gold Sovereigns for my two grand children instead of giving them cash for birthdays etc. I have purchased other investment stocks shares etc. I am a little worried about how to go about purchasing Sovereign's.
I have checked a number of sites a full sovereign seems to be about £260 but there are lots of different prices. Can help by pointing me in the right direction
Many thanks

Thank you all who have taken the trouble to reply. I live not far from Birmingham and can see a couple in the jewellery quarter also Sutton ColdField so will go across and pay them a vist. Once again Thanks.

markj113

bowlesbargain wrote: »

Thank you all who have taken the trouble to reply. I live not far from Birmingham and can see a couple in the jewellery quarter also Sutton ColdField so will go across and pay them a vist. Once again Thanks.

Atkinsons have a shop in Sutton Coldfield.



Worked up that way (Walsall) for 2 years on a project staying in Moor Hotel. When the price of gold went up after the Brexit vote I sold some in the store.

short_butt_sweet

this is not what you asked, but ...

do your grandchildren currently spend the cash you give them? and are you expecting them to keep the gold sovereigns? because if the answers are yes & yes, they may not be very happy about it.

dividendhero

The Asian parts of most British cities feature gold shops, they often sell sovereigns/Britannias etc

steampowered

Please have a read of this thread: https://forums.moneysavingexpert.com/discussion/5557600/london-mint-coins.

A Junior ISA is likely to be a much better idea.

shaun_from_Africa

chards1964 wrote: »

Thank you for the mention as a reputable bullion dealer! Its always nice to get a positive mention

I would have hoped that a reputable dealer would have taken the time to read up on the forum rules for posting on behalf of a company before actually posting.

For good reason, companies can't post until given permission to do so as for all anyone knows, the phone number given could belong to a scammer and when someone calls it, they are given a very good price for gold coins provided that they buy quickly and pay with a bank transfer and never see their coins or money again. (I'm not implying that is the case here) and advertising of products that you sell is not allowed either.

chards1964

Ok sorry for posting. Just thought the information we have and share (free of charge and no obligation to buy) can help people reach a decision on the right sovereign to buy. Anyone is free to buy from any dealer or individual they want. We are a very honest company but as its against forum rules to contribute I will await until we are approved. Not sure how to do that though.......