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Certified Gold - PCGS

 
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Author Previous TopicReplies: 2 / Views: 259Next Topic  
Valued Member
United States
379 Posts
 Posted 04/07/2020  06:30 am Show Profile   Bookmark this topic Add jaxenro to your friends list Get a Link to this Message
I am looking at some certified gold coins in roughly 1/4 ounce size. For comparison I have modern gold eagle at exactly 1/4 ounce, gold half eagles at .242. troy, and gold sovereigns at .2354 troy. What I am seeing is the modern eagles are almost a 20% premium, half eagles at 17%, and sovereigns at 13%. To me the sovereigns seem to be the way to go but wondering is there a reason sovereigns are cheaper in the US?

The %'s are based on total cost versus spot (i.e. if spot value is $300 and coin is $400 then 1/4 or 25% is the premium)
Pillar of the Community
Canada
3433 Posts
 Posted 04/07/2020  07:17 am  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
Most people prefer the coins of their home country, hence the home market gets the better price.
Valued Member
United States
379 Posts
 Posted 04/07/2020  07:35 am  Show Profile   Bookmark this reply Add jaxenro to your friends list Get a Link to this Reply
Makes sense and would probably work on reselling

The difference between modern 1/4's and older half eagles could just be the small sample size I looked at
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