Looks like a deal to me

Posted: January 26, 2009 by datechguy in hobbies
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With the exchange rate between the pound sterling and the dollar rapidly moving in the direction of the dollar the Royal Mint’s move a few years ago to do all pricing in Pounds now favors US collectors.

I’ve already pushed the Darwin anniversary coin but it terms of something that has real chance to gain in value you can’t beat the newly offered Quarter Sovereign.

I haven’t seen this as a coin offered or minted before. It is a gold coin just about 1/16 of an ounce at 22 ct with the same classic design front and back and the standard full sovereign or half sovereign. If you’ve never seen one this is what it looks like:

Same design used for all size sovereigns

Same design used for all size sovereigns

The glory of the British Empire is long past but if you want a chance to get something to remember it by the quarter sovereign is a solid and inexpensive choice. The mint is getting £47.95 each for them at the current exchange rate that works out to around $63 each for a gold coin in it’s first year of issue.

I grabbed 3 since that’s all I can afford, If I had a job I’d grab 10.

The web site for the Royal mint is here, or you can give them a ring at 866-519-7298.

Comments
  1. bklyntatgirl says:
    January 27, 2009 at 1:44 pm

    This site for collectors has some amazing coin collections:

    http://www.collectorsquest.com/featured-week/Coins.html

  2. datechguy says:
    January 27, 2009 at 1:54 pm

    Thanks for the tip.

    I’m not huge into coins myself I tend to buy them for my kid but I love the history behind them.

    I think the British do it better, likely because they have so much more history to draw from.

  3. Boy those Quarter Sovereigns are looking better and better « DaTechguy’s Blog says:
    February 2, 2009 at 7:05 pm

    […] 2009 1st year Quarter Sovereigns from the Royal Mint are looking better even with an price £8 higher than that last post. At […]

  4. British Gold prices on the rise « DaTechguy’s Blog says:
    February 19, 2009 at 9:36 am

    […] you followed my advice and picked up those quarter sovereigns at the lower price. They are tiny but […]

  5. As we near the 900 post mark « DaTechguy’s Blog says:
    August 25, 2009 at 8:43 am

    […] in January I did a post on the New Quarter Sovereign coin offered by the British Royal mint and said this: The glory of the British Empire is long past but if you want a chance to get something to remember […]

  6. I’ll wager they will sell out in a day « DaTechguy's Blog says:
    November 30, 2009 at 5:28 pm

    […] the 1st year issue quarter sovereigns if I was working I would have picked up a few to sit on but I can’t justify the expense […]