Why is an '85 sovereign $712 at the UK mint?
Posted: Fri Sep 18, 2015 1:44 pm
I tend to buy bullion from U.S. dealers that I can sell at the same dealers for cash, e.g. krugerrands, American eagles.
This question is about a proof coin, but's a sovereign nonetheless, not a half sovereign.
Here it is: http://www.royalmint.com/shop/The_Sovereign_1985
458 pounds sterling is a bit over US$700 right now. EDIT: and for posterity, gold is US$1137/ounce right now.
If you want to buy a gold buffalo proof from the U.S. Mint, it's way over spot. At least, last time I checked.
Just curious.
What am I missing? Are sovereigns smaller than eagles?
This question is about a proof coin, but's a sovereign nonetheless, not a half sovereign.
Here it is: http://www.royalmint.com/shop/The_Sovereign_1985
458 pounds sterling is a bit over US$700 right now. EDIT: and for posterity, gold is US$1137/ounce right now.
If you want to buy a gold buffalo proof from the U.S. Mint, it's way over spot. At least, last time I checked.
Just curious.
What am I missing? Are sovereigns smaller than eagles?