UK Royal Mint gold sovereigns

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The U.K.’s Royal Mint, which traces its history back more than 1,000 years, ran out of 2014 Sovereign gold coins as prices near a six-month low led to “exceptional demand.”

The mint, based in Llantrisant, Wales, expects to have stocks of the coins again by the end of January, it said in a statement e-mailed today. It has full availability of gold and silver Britannia bullion coins, it said. ...

...

The U.S. Mint sold 56,000 ounces of American Eagle gold coins in December, the most since June and contributing to a 14 percent gain in annual sales, data on its website show. Australia’s Perth Mint sold 41 percent more gold in 2013 and Turkey’s imports climbed 64 percent last month to the highest since July, data on the Istanbul Gold Exchange’s website show.
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More: http://www.bloomberg.com/news/2014-...ys-runs-out-of-2014-sovereign-gold-coins.html
 
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The Royal Mint has seen a 7% year-on-year increase in customers purchasing bullion, as many global investors continue to move into precious metals investments to weather volatile financial markets.

The growth in customers is credited predominantly to investors opting for a ‘flight to safety’ approach to their portfolios as well as an increased range of products, particularly ‘fractional’ products, on offer. 77% of gold bar and coin investors served by The Royal Mint in 2023 purchased physical gold coins and bars smaller than the traditional 1-ounce size, known as ‘fractional’ products, as part of their investment portfolio, with the gold Sovereign, 1g gold bar and 1/10oz gold Britannia coin proving most popular.
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While The Royal Mint has benefited from growing investor interest in precious metals, a number of existing investors have sold out of their asset allocations as gold hit an all-time high in sterling during 2023. The Mint has also seen a record number of investors selling their gold investments back to the business, a 19% increase y-o-y. In 2023, ...

 
I like them as low premium fractionals. I only have a couple because they are not as popular in the USA. I did purchase one random date QEII young portrait for $440 when gold was in the 1800s in September.

When gold hits $3k people will finally wake up to the necessity of fractional gold.
 
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