joedredd

Afternoon all Thought I would say hi to all of you before I start asking for advice and doing plenty of searches re Sovereigns. I have sold my extensive comic collection and have about £2K to invest in Sovereigns. I have 7 CGS sovereigns, obviously it is nice to have graded coins but where is the best/ secure place to buy raw sovereigns? Do you think I am doing the right thing in investing in Sovereigns or should I put it elsewhere? Thanks

Thanks Eric, well I have spent some much hard earned cash lately on graded and raw coins and overall I am up on what I paid so very happy. Have made some good contacts re dealers who sell sovereigns on a regular basis. Many thanks for everyone's advise and input it has been much appreciated. Saving towards the next quality sovereign.

TBH I have just received back my 4 sovereigns from CGS with no problems whatsoever, guess I must be really lucky or have low expectations.

What surprises me is that someone got this coin slabbed !!!

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Thanks Mr T

TBH I dealt with CGS a few years ago, when I inherited some sovereigns and I had no trouble at all. I popped down there after checking I could dropped off my sovereigns for grading, also an assortment of various coins for putting in their auction everything went smoothly and was happy with the service, hence would use them again.

Thanks for that info Coinery, I will check out my local auction house and see what they have didn't think of them as mainly antiques!! Nordle11 just read some of that "light" reading and what an eye opener. Prove of what I am newbie I am, I thought TPG was another grading house LOL

Rob, perhaps I didn't explain myself clearly enough or what I wrote hasnt come across right?? I don't want to buy at melt point, but don't mind paying for a good quality coin, but there must be some places to buy good quality raw coins as oppose to London dealers who command top $$. For instance there is only 1 Coin dealer that is near me and that's Peter Morris in Bromley, I live in Bexleyheath its hardly local but its the only place apart from going to London, and he doesn't have any sovereigns at the moment (according to website) and no I wont buy from some Nigerian scamster. I have just looked at Predecimal site and their coins are at a reasonable price, this is what I am referring to. Nordle11 I will start that light reading, thank you. Please remember gents that I am new to this and need nurturing(sp?) and guiding form all you "Grand Oracles" on these forum.

Mr T, is there any companies or person that you can recommend?

PM sent Pete

Morning Mark Thanks for the advice, what you said makes absolute sense. I already own "The Gold Sovereign by MIchael Marsh" and its a fantastic reference book. I am in no hurry to start buying any/ all sovereigns I find, I will be looking at eBay and London Coins auctions for reference and purchasing. Buying the highest grade I am somewhat confused between the main grading houses ( CGS, PGC, NPS), which one is the best ? or are they all equal? Prefer CGS as it is UK based as oppose to the US. Whilst I understand the risks associated with buying on eBay is there anywhere else that is good to buy from without paying dealer prices? Thanks George

Loved the comment bunhead, made me chuckle re nerd. LOL

Hi Nordle11 Thanks for the welcome. I have only sold one part of my collection, I still have my early Amazing Spiderman comics. I am sitting on these for now but I like to keep my options open. Years ago when I was a child I loved collecting stamps and coins, but recently I was left a couple of Sovereigns by a relative and every now and then I treat myself to another one. So it seems logical to now concentrate on these for now, and in time I hope to have a good return on my initial investment if needed. Lets hope the Gold Gods will be along soon to throw some good advice my way.