1oz Gold Krugerrand for Sale on Amazon

Since last year about this time when the price of gold was about GBP 24.29 per gram this year this has increased to GBP 28.32 per gram in March to GBP 28.84 per gram on 13^th April. As you can see gold is still continuing to rise at a very good level and over GBP 4.50 per gram higher this year than last year.

The Scrap gold prices have also continued to rise in line with the actual gold price and for 9 carat scrap gold the current price is £10.49 per gram, 14 carat scrap gold is £16.36 per gram, 18 carat scrap gold is £20.98 and 22 carat scrap gold is £25.63 per gram. This is a good increase from this time last year and if you then compare this to the prices which gold is selling for on eBay this month so far:

The krugerrand is probably the most famous of all the gold bullion coins and will normally come in 1 ounce coins. Historically the Krugerrand has made good money on eBay. As an example last year a 1984 Krugerrand sold for £454 and a 2008 one sold for £560 and two Krugerrands in mint condition dated 1979 and 1988 sold for £799.99 and £755. This year here are the results from some Krugerrand sales on eBay:

A One ounce 1979 Krugerrand sold for £920.01 on 13 Apr 2011. A one ounce 1975 Krugerrand sold for £900 also on the 13 apr 2011. Looking at the results on eBay a One ounce Krugerrand will now sell between £900 and just under the £1,000 for a good example which is a significant increase in the price of Krugerrands from last year.

Another gold coin which is a firm favourite is the Gold Sovereign the full sovereign weighs about 8g and is 22 carat gold these coins are always popular on eBay and a George V was selling for about £180 to £200 last year Victorian sovereigns are more costly depending on condition. This year full Sovereigns are now selling for about £220 to £230 and Victorian ones going for  over £260. This is a big increase in a year with about £60 more being paid for Victorian sovereigns.

Last year the half Sovereign was selling for about £85 to £90 with exceptional uncirculated coins such as a 1910 half gold sovereign selling for £111. This year the half sovereigns are selling for about £110 with good examples and rarer years selling for about £140 and upwards, again this is well up on this time last year and the prices still seem to be not just holding but vastly increasing each year.

Scrap gold is also a very popular commodity on eBay and generally goes for a better price than most places where you can exchange gold for cash. There are lots of these cash for gold firms and shops appearing on the television, internet; even the high street is starting to be full of shops all wanting gold for cash. The increase in the scrap gold price has something to do with this but you will be hard pushed to get as much for your gold from these places as selling it on eBay. Looking at recent results 7 pairs 9ct gold earrings 8gms sold for £85.52 which is about £10.50 per gram and 31.9gms of scrap 9ct gold for £323.23 which again is over £10 per gram which is better than any other place I have seen offering to buy scrap gold.

Victorian Gold Sovereign

Are you confused about where to start when it comes to collecting gold coins? When you are now simply starting a collection of British gold coins or if you have been collecting Sovereigns and/or Britannias for years, the following information could be somewhat helpful.

Throughout history, almost every country has produced or still makes gold coins. In earlier times a number of these coins were essentially employed in the course of daily life for cash. Nowadays these gold coins are usually being made specifically designed for coin collectors or gold investors. Should you aspire to invest in gold plus would also enjoy something lovely to exhibit or have as a pursuit; nothing beats collecting rare gold coins.

You can build a collection of up to date gold coins or gather old and rare gold coins or a combination of both. Gold coins come in diverse sizes and weight; so as a result, any person could invest even if you are on a budget. A number of net stores or good coin retailers will offer to choose a variety of these coins from several countries and will mail them to you. The cost of these packs may be from around £500 to over £3,000. The quantity of coins you are sent will depend on numerous things including: The current value of gold; the weight and size of the included coins; their age together with their fineness.

British gold coins are minted at accurate weights; Full Sovereigns are 7.98g of 22 carat gold and Britannias are 34.050g or the equivalent of one ounce of gold.

A large number of countries these days issue a gold bullion coin to rival the South African Krugerrand. Many countries also produce special commemorative gold coins to celebrate the milestone of a special incident or a special incident itself. Sometimes, these special commemorative gold coins are made as boxed sets, and will probably be a limited edition, so only a precise quantity will be produced. This raises the future exclusivity value and collectability of the commemorative coins.

One other great benefit to amassing rare gold coins will be the fact that in a lot of countries it will be a free of tax way of investing your money as at the present many places won’t place taxes on gold coins as they can technically still be employed as legal tender. Although in reality, anybody would need to be insane to hand over a single gold sovereign coin to buy some things for one pound when it is worth over a hundred times that in gold scrap value.

Should you start with collecting British gold coins you will soon notice that you pay more for gold coins in fine condition. As a rule, these coins are already graded for quality and the price of the British gold coins depends on the grade of the coin. Your rare gold coins will probably have to be graded by an expert when you want to relinquish your coin collection. You can frequently acquire proof versions of a lot of modern gold coins and even though you will certainly spend extra for this choice, they will be pristine and should prove a useful purchase.

Nearly every country in the world has produced or is still producing gold coins. At one time most of these coins were in fact employed in the course of daily life for currency. Today these gold coins are widely being produced particularly intended for coin collectors or investors in gold. If you aspire to invest in gold plus would like something striking to put on show or have as a hobby; there is nothing better than a gold coin collection.

You can have a collection of present gold coins or alternatively accumulate old gold coins or a combination of both. Gold coins come in diverse sizes and weight; as a consequence anybody can invest on a budget. A number of internet sites or gold coin dealers can make up a selection of gold coins from diverse countries and will be able to post them to you. These packs can range from about £500 to about £3,000. The amount of coins you get will depend on quite a few things such as: the gold price; size and weight of the included coins; and how rare they are together with their fineness.

Sovereigns are produced at certain weights; in this case a full sovereign weighs 7.98g. Their carat value is 22 carat or 916.6 fineness.

2010 Gold Proof Sovereign

A large number of countries have started to make a gold bullion coin to rival the South African Krugerrand gold coins. Countries also issue commemorative gold coins to celebrate the observance of an event or an event itself. Often, these commemorative gold coins come in presentation sets, plus in some cases may well be made in limited numbers, consequently no more than a specific amount will be minted. This process increases their rarity worth together with the collectability of the gold coins.

One other advantage to collecting gold coins can be the fact that in nearly all countries it can be a tax-free method of investing your money since currently most places do not place any tax on gold coins as they can still be utilised as legal tender. However, somebody would be mad to use a gold sovereign to purchase an item for a pound because it is worth many times that in gold scrap value.

When you get started collecting full sovereigns you will also pay more for gold coins in fine condition. Typically, gold coins should be graded and the worth of the sovereign depends on what grade your gold coin is. Your gold coins will eventually have to be graded by a professional grader if you wish to get rid of your coins. You can more often than not acquire proof versions of nearly all contemporary gold coins and even though you will of course shell out more for these options, they will be faultless and could prove a valuable investment.

The future is looking good for the gold prices to keep increasing as demand for gold from both commercial retailers and banks, keeps the gold price high, lots of people have turned to gold investment as the safest way to invest their cash and with the still uncertainty of the stability of banks , it seems gold is the way forward.

As with most things as demand for a substance outstrips supply then the price can only increase another good indication of this is the amount of adverts on the television from companies asking for you to scrap any gold you have. Normally these companies will not offer a decent price for your gold but due to the demand for gold then they are being forced to give customers a decent return at scrap value or just above the current scrap price for your gold.

Even if the gold price does drop in the next few months you can still be sure that eventually the price will increase, so for a long term investment opportunity I don’t think you can go wrong with investing in gold and one very good way would be to collect gold coins. This is not only going to be profitable but also interesting.

Once you decide to invest in gold coins you will have to decide which ones you would like to collect, there are lots to choose from on the market. To break them up you could decide on collecting a certain type of coin such as a British Sovereign/Britannia’s or South African Krugerrands which are probably the most famous gold coins but there are also American gold Eagles and Buffalos, Canadian Maples, Pandas from China, Philharmonikers from Austria, natural gold Nugget Kangaroo Wallaby Lunar calendar series which are all from Australia and Manx Angels and Cat Crowns just to name a few.

The value of coins will depend on the weight, condition, rarity and carat of the coin. Some people only collect uncirculated coins which normally sell for premium prices but if you are only interested in the gold weight, you will not want this type of coin as they are rare gold coins and so the price is higher.

Some rare coins are worth more because not many were produced in a particular year or they are very old. If you are just collecting the coins for gold weight then I would advise you to stay away from rare coins, but if while collecting gold coins you start enjoying them then it would be nice to have a few rare gold coins in your collection, this would also be a backup if in worse case the price of gold fell, then due to the coins in you collection being rare coins then the value of the coins would stay the same or even go up.

As gold coins come in various sizes, weights and quality then so the price will be dependent on a lot of these factors, the more rare coins will also increase the price and whatever you decide to collect the only thing in the end collecting gold coins will come down to your budget. Most of the best gold coins are 24 or 22 carat gold, these are the best ones to collect.

Coins like the British gold sovereign are 22 carat gold and weigh just short of 8 grams and can be bought new from the Royal mint for about £210, Half gold sovereign approx £125 and quarter gold sovereign about £67.50. The same gold sovereign you will pay £210 for if you decided to buy a Proof version of the same coin, date and weight will cost £294. So you can see there are all different things to take into account when deciding to collect.

There are lots of places to buy gold coins there are lots of sites which just sell gold coins, which is probably the safest place to buy coins. You can also buy the gold coins from eBay, but you have to be careful as there are fakes about and the best idea if you decide to buy from an eBay seller would be to check out their feedback to see if they are trusted sellers.

You can also go to and auction and buy gold coins, you will not normally pay as much for the gold coins as you would from the other two methods and at most auction houses you will pay just over the scrap value of the coin unless they are rare coins. If you buy from an auction house remember to add in the total price with commission and vat if applicable as this will increase the overall price of the gold coin.

However, gold coins are still a fantastic investment and if you have the cash to buy some then go for it.

I have been taking a look at some prices that gold sovereigns have been selling for recently on eBay.

Recent Prices for Gold Sovereign Coins

• 1892 Victorian Sovereign sold for £180
• 1902 Unusual Double Sovereign sold for £550
• 1910 Edward VII Sovereign sold for £182
• 1914 Half Sovereign sold for £89.00
• 1982 Half Sovereign sold for £89.50
• 1982 Half Sovereign sold for £87.40
• 1999 Proof Gold Sovereign (boxed) sold for £340
• 1915 Gold Sovereign sold for £190
• 1978 Gold Sovereign sold for £175
• 1904 Half Sovereign sold for £90
• 1876 Victorian Sovereign sold for £192.12
• 1892 Victorian Sovereign sold for £185
• 1887 Victorian Sovereign sold for £205
• 1966 Gold Sovereign sold for £175
• 1886 Victorian Sovereign sold for £171.20
• 1841 Victorian Half Sovereign (described as very rare) sold for £470.00
• 1984 Boxed Sovereign sold for £191.78
• 1984 Boxed Sovereign (mint) sold for £285.63
• 1906 Edward VII Sovereign sold for £180.10
• 2009 New Proof Quarter Sovereign sold for £72.50
• 1900 Victorian Sovereign sold for £169.54
• 1908 Edward VII Sovereign sold for £173.22
• 1843 Victorian Sovereign (described as very rare) sold for £5,750!

So the average selling price of a full gold sovereign at the moment is around £180 although you can get more for one that is older, boxed, and in great condition. Plus of course if you are lucky enough to find a rare one you can obviously get over £5,000!

Half sovereigns are fetching almost £90 each.

The new 2010 prices for sovereigns from the Royal Mint are
£199 full sovereign
£112.50 half sovereign
£65.00 for the new gold bullion quarter sovereign

So you can still get some bargains on eBay although if you are buying as a gift or if condition is important to you it could be best to go for the brand new, boxed, mint condition option.

The interest in gold coin collecting, particularly rare gold coins and British coins is growing. Starting a gold coin collection for yourself or someone you love is a fantastic investment for a future where other traditional types of investment are fraught with uncertainties as to how they might perform.

British gold sovereign coins are recognised the world over and are one of the most desirable and collectable gold coins that has ever been produced. There are also half sovereigns and even now a miniature quarter sovereign for those that find the price of full sovereign coins outside of their budget.

When you are looking at buying gold sovereigns, old coins do command much higher prices generally. However, for a gift, a new or recent gold sovereign coin in a capsule or presentation case is a highly desirable alternative.

Gold Sovereign in Box

Full sovereign coins weigh just under 8g of 22 carat gold, but although the scrap price of gold is rising almost on a daily basis at present, the value of a gold coin will always be far above its scrap value. The most collectable type of gold sovereigns is the ‘proof’ which can command higher prices as a result.

Giving a gold sovereign as a gift can result in an interest in rare gold coins which can be an engrossing and extremely profitable hobby.

The modern gold sovereign coin was first minted in 1817 during the reign of George III.  The iconic Saint George and The Dragon reverse as we recognise it today first appeared in this format in 1821 for the reign of George IV.

At times during its history, the shield back has replaced St. George, notably during the Georgian era and also in the reign of Queen Victoria.

The modern sovereign and half sovereign are made of 22 carat gold.  The full sovereign weighs just under 8 grammes making its scrap value today around £140 with the scrap value of the half gold sovereign being half of that.  Of course, other than some very poor examples of the more common George V gold sovereign they are in general worth far above their scrap value.

For collectors and investors a general rule is that the older the sovereign the more valuable it is, although there are exceptions to this.  Some investors do prefer to buy new mint condition encapsulated gold sovereigns so that they remain in newly minted condition.

If you are collecting, it is worthwhile investing in a case or box which are readily available to house your collection.  This will retain the condition and value of your gold coins and is especially a good idea for the small half sovereigns, only about the size of 1p, to prevent loss or damage.

Recently on eBay 20^th century gold half sovereigns are selling for between £75 and £100 depending on condition.  Some of the more modern full sovereigns are selling for as little as £150 to over £200.  A George III 1817 sovereign sold for £500.

According to Spink (the bible for coin collectors) 2008 issue, the book value for an 1817 full sovereign is between £275 and £1650 depending on condition.  If you are lucky enough to find the much rarer 1819 issue, you could expect it to be worth a minimum of £22,500!

For those collectors who prefer a shiny new gold coin, the Royal Mint is currently selling the 2010 issue of the full gold sovereign, bullion quality in a presentation case for £199.  Imagine what a fabulous gift this would make for a birth, wedding, special birthday or graduation during the year.

Over the years, many people have had their gold sovereigns mounted in pendants or rings to show them off.  This can affect the value, either in a good or a negative way depending on the quality of the mount and whether it has caused any damage to the coin.  Buying these can sometimes result in a mistake, however, as there have been times when gold rings and pendants have been made with fake sovereigns that are of lower quality 9 carat gold and are of much lower value.  If in doubt, don’t buy.