Hello people!! I am interested in buying British Gold Sovereign coins. Is there anyone who can help me??? Thank you in advance....

try ebay...

How many are you looking to buy ? I know someone who sells them but dont think he sells singels only a batch or so

Take a look at these guys:

http://www.atsbullion.com/

They are based in London near the Savoy. You can subscribe to their newsletter and they'll send you periodic updates on what coins/bars they have in stock.

Kash.

If you have a relatively long-term holding view, why not think about buying a physical gold ETC (exchange traded commodity) fund? Low management fees, bullion held in vaults in London, all physically backed, and able to buy and sell as you would a normal share on the stock exchange. Ditto for silver, which arguably has better fundamentals than gold.

He is looking for coins, which is a completely dif. ball game then gold etf, of gold barres....

I would never buy ETFs

Yes, I know that, but depending on his perspective time horizon, buying an ETC/ETF may well be cheaper and more liquid to hold with a far smaller bid/offer spread.

True. But British Sovereign Coins are still different then ETFS. Maybe he is just a coin collector?

Perhaps he is, hence why I asked about the time horizon for the holding period. If that becomes irrelevant, perhaps because of the collecting angle, then fine.

I can't think of many collectors with projected holding periods other then death. Their's.
If he had said just gold coins in general, well maybe. But any coin collector knows that coins from country to country hold different value. So, say some one living in Switzerland had an interest in British coins, well their re-sale value is less in Switzerland, regardless if the weighted value of the commodity internationally.
Anyways, how is holding a pseudo valuation of gold better then holding a bar of gold itself? ETF's do not represent the investor holding a percentage of gold somewhere they can go and pick up if they like. You have to pay maintenance on that fund. And how is it more liquid? Buying a bank certified bar of gold, and selling it requires a visit to the bank. No holding charge or broker's fee, or every 6 month fund payment, just plain metal in your house.
ETF's are the next big crap thing to give in, in my opinion. With an ETF you don't actually hold anything.

Unfortunately, this is exactly the type of reply I was expecting. The only marginal difference in value of various coinage is the scarcity value, the gold itself, depending on purity, will be in a close ballpark region. I'm sure many collectors aren't the 'buy-til-death' types anyway, although I'd agree that a fair majority perhaps are.

As for ETFs/ETCs, you do actually get to own a particular amount in a vault in say, Deutsche Bank or JPMorgan's in London. And one would suspect less likelihood of losing it if there is a theft, unless of course you have biometric scanners at your front door!

Additionally, the management fees for ETCs for holding the physical gold bars is small, in many cases less than 0.5% p.a. And they're not the 'next' new thing, they are here already, and thriving. But I'll leave this discussion here.

Thriving...

I love that line. Any big bust I can think of since the 80's pre-ceeded with that line. I mean, if it's doing phenomenally well based on greed and speculation that's justification enough.

Feel free to start a new thread/topic on asset bubbles...

You first!

My ETFs are in physical metal in a vault in Switzerland, issued by ZKB in CHF. I do not see where there is any danger in that investment.

I would not really trust some other countries, especially the US with it. They have shown before what they do when the shit hits the fan... Executive_Order_6102

Switzerland on the other hand is very unlikely to harm the banking freedom of the many people that bank here... the foreigners storing their wealth here is after all an economic force you don't want to upset.

The danger of that invetment is that Gold's currently trendy, for a very long period Gold was out of favour, something to bear in mind.

FWIW all the gold in the world could be placed on a tennis court & pilled up in a cube, for the price of that cube of metal you could buy all the farm land in the US, 10 x Exon Mobiles & have a trillian dollars in cash. I know which option I would take......

You can probably order them at any bank counter in Switzerland. - I work at UBS and can see the prices of these coins on the Intranet. The spread between buying and selling is significantly bigger than on gold bars, so unless you want them for the novelty value, gold bars are a better investment.

Good luck

Doc.

That wasn't the point (while you are obviously right). The point was that some doomsday folks here want to say that an ETF is "only paper" and the governments of the world could get your gold... my point is that you simply have to chose what paper your buy and where the bank deposits the metal.

BTW, my ETFs aren't gold, they are silver. Look at my smile:

(Ok, they just balance out the losses I made with Japanese titles... bloody earthquake.)