
Buying gold – Reyes?
The Mint London office is selling gold Reyes (I just said about a guy Edward V11 (1904), they want £ 299 for, in good condition. I checked the Internet and similar coins, but different years 1901 and 1911 by the way, are selling for less than £ 200, especially on ebay. Please let me know if I'm being seriously misled in being interested in these 'sollectibles. I do this as an investment rather a collector. Would it be much better off buying Krugerrand coins when I can afford? Any advice on Royal Mint releases welcome in their immediate and definitive value. A novice gold.
If you want to invest in gold and then buy new sovereigns, Krugerrands and other gold coin. Kruger is good, but if you can not afford and then buy sovereigns. Best buy new ones as they are in perfect condition. Of course, you can buy older coins as which are cited. In these there is a premium above its intrinsic value (value of gold content). This premium must always be there, but like any other investment no intrinsic value varies according to supply and demand. For example, if the currency in 1904 is £ 99 more to buy a new currency must also be £ 99 plus when you are selling. Unlike a reply Kruger is 1 oz gold coin weighs exactly one ounce and is 91.67% pure (22K). To calculate the value of gold taken current gold price (around $ 950). Convert pounds or whatever currency you have (1.6533) is multiplied by 91.67% or 22 / 24 and has the value of gold
WHAT WOULD YOU PAY FOR THESE GOLD COINS?
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