Royal Mint To Release More 2014 Sovereigns Coins

The Royal Mint is expected to release another round of 2014 Sovereign gold coins this week although no official confirmation has been given at the time of writing. The first batch of sovereign coins issued in the first week of January sold out within days, prompted the Royal Mint to promise they would produce another batch before the end of the month.

Despite suffering its worst collapse for thirty years in December, gold is looking much chipper these days although fell 0.4 per cent today due the Federal Reserve´s two day meeting that commenced on Tuesday. It had been widely expected that the monetary committee would vote to continuing trimming their stimulus program by a further US$10bn, but given the poor economic figures released last week traders are back on tenterhooks.

As a result of poor employment data in the US last Thursday, traders lost faith in the equity market and gave gold a boost, but the quiver was short-lived and stocks have stabilized again. We expect to see gold prices begin a steady downward trend from here on in. How far it will go is anybody´s guess. No really, analysts have a difference in opinion with margins of almost US$2000.

Gold sovereign coins

With a new issue of gold sovereign coins about to spill into the market, now is a prime time to add precious metals to your investment portfolio – but you will have to be quick as the first batch was gone in two days. Keep an eye out for announcements in newspapers and check for when online merchants like have the coins in stock.

The Royal Mint gold bullion coins are 99.99% pure and are manufactured with advanced production methods. They are available as uncirculated gold coins directly from the Mint only, but proof coins are available both online and high-street vendors.

Recognised for its historic significance, sovereigns are struck with meticulous care to the very highest standards of minting processes. Together with the Britannia, British gold sovereign coins are highly prized by coin collectors.

The difference between proof and uncirculated

When coins are struck and engraved they can pick up nicks and abrasion known as “bag marks” which are then graded for quality. Uncirculated coins are generally not tarnished, but and have slight abrasions. Experts recommend not to polish uncirculated coins as cleaning causing wear on the coin and subsequently lowers its grade and thus its value.

Proof coins are also classed as uncirculated coins, but because of the way they are made are categorized as a different class. A proof coin is treated with a special die that gives it a difference appearance (known as cameo) and then struck for a second time (or more) to make the detail of the coins engraving finer.

Uncirculated gold sovereign coins are only available directly from the Royal Mint, but if you are quick enough out the blocks you can buy gold sovereign proof coins from for as little as €227.02. Contact us now to place your order.