2018 Gold Half Sovereign
2018 UK Half Sovereign Gold Coin
With a history dating back to 1489, the Royal Mint’s flagship 22 carat coin, the Sovereign, represents a trusted constant through years of change.
The Half Sovereign version enhances divisibility further, enabling buyers to hold small units of gold.
The new 2018 version comes a year after the 2017 celebrated 200 years of the Sovereign featuring the George and Dragon reverse designed by Benedetto Pistucci.
The obverse features the Queen’s fifth portrait by Jody Clark.
As a bullion coin, the 2018 Half Sovereign is designed and aimed at investors. A bullion finish is the cheapest production method available, with the coin being struck once in the mould. This lends itself to those seeking as much tax free gold as possible for their money, rather than pay for expensive packaging and a proof finish. Like the larger 2018 Gold Sovereign, the Half Sovereign version has an unlimited mintage as the Royal Mint seek to maximize distribution with growing market demand. This helps keep prices down, but may limit upside potential in years to come compared with limited edition coins.
Our Expert Opinion
A wise choice for those seeking maximum divisibility in their gold portfolio. Their diminuitive size means even a modest investor can own a number of coins, providing flexibility when the desire to liquidate part of the portfolio arises.
The compromise comes with the higher relative premium of the coins when compared to their big brother, the 2018 Gold Sovereign coin. The general rule of thumb is the smaller the coin, the higher the premium, simply due to the cost of minting representing a higher percentage of the coin’s gold content. This doesn’t mean we suggest you simply buy the largest gold coins available just to reduce relative margin. When selling, the 2018 usually fetched a slightly higher price per gram thean the larger Sovereign, reflecting the added divisibility it ffers.
In our opinion, the coin is a sound choice as the premium isn’t iflated by any historical value. It’s the cheapest way of owning a Half Sovereign without having to pay the increased premiums associated with George and Victorian Half Sovereigns. We’d recommend these coins form part of a larger portfolio, mixed with larger coins and semi-numismatic coins, to chieve a balance between buying price, flexibility and growth potential.
|Categories:||Gold Sovereign Coins, Half Sovereign Coins, Bullion Coins, Buy Tax Free Gold, Gold Coins, Gold Bullion Coins, Tax-Free Gold Coins, Bullion coins, Gold Feed Price|
|Tags:||2018 Gold Half Sovereign, Tax-Free gold coins|
|Pure Gold Content (g)||3.6575|
Log In or Register
Log in or register with Physical Gold today to start purchasing gold and silver products