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)