Goldman Scraps
Sell Gold Sovereign Coins: We Buy Your Scrap Bullion at the Best UK Prices
At Goldman Scraps, we specialize in providing a trusted, quick, and easy service for those looking to sell gold sovereign coins in the UK.
Whether you want to sell gold bullion or buy gold, we offer the best prices and a seamless experience. Sell gold sovereign coins to Goldman Scraps and get the best prices today!
Why Sell Your Gold Sovereign to Goldman Scraps?
Selecting the right gold buyer is imperative when you sell gold sovereigns. Look for a reputable dealer with experience, transparency and trust within the bullion market like Goldman Scraps.
We offer free valuations and make sure that the best prices are paid for your gold coins in the UK.
You can see our customer reviews on Google by clicking the 5-star box at the top of this page.
How to Sell Gold Sovereign Coins to Goldman Scraps
The process to sell gold and your sovereigns with Goldman Scraps is quick, professional and stress-free Contact us for a free, competitive quote based on live gold prices. After that, the next steps are simple:
- Gather your gold coins and contact us via our contact page or Whatsapp for a quick response and valuation.
- If you agree to the quoted price price, then it’s time to move on to the next step.
- Send your gold sovereign coins via insured delivery or visit our Canary Wharf location in London
- Receive your payment either with cash in-person or by bank transfer, which is often processed within 24 hours.
Types of Gold We Buy
Preparing Your Coins for Sale
Before you sell, gather information about your gold sovereign coins, including the type, quantity and year of minting.
Knowing the current spot price of gold as well as the type of sovereign will help you understand the value of your coins.
Handling your coins with care will maintain their condition and value over time.
How to Find Trustworthy Services for Selling and Buying Your Sovereigns
These are the right questions to ask. It’s important to assess your gold buyer to ensure they are trustworthy and that you feel comfortable with the transaction.
Here are a few things to look for:
Identifying Reputable Dealers
When looking to buy or sell gold, identifying reputable dealers is essential. Look for dealers with years of experience and a strong track record like us at Goldman Scraps.
We’re a trustworthy option, offering free valuations with explanations for your unique piece of gold, with the best prices paid for your gold coins.
Selling Online Vs in-Person at Physical Stores
When buying or selling gold coins and bullion, both online and physical shops present benefits.
We offer both buying and selling services online and at our physical store location in Canary Wharf, London, for your convenience.
| Shop Type | Advantages |
|---|---|
| Online Dealers | Convenience and competitive pricing. |
| Physical Shops | In-person assessments and immediate cash. |
Customer Reviews and Feedback
Customer reviews and feedback are invaluable to us as a gold dealer. Positive reviews help us display our trustworthiness and customer satisfaction and we’re proud of our customer testimonials.
Understanding Gold Sovereign Coins
We answer all of your questions about these iconic sovereign coins below:
What are Gold Sovereign Coins?
Gold sovereign coins are British gold coins with a rich history and are highly sought after by collectors and investors. These gold coins contain approximately 0.2354 troy ounces of gold and are legal tender here in the UK.
History and Significance of Gold Sovereigns
The sovereign has a rich history dating back to 1489, with its modern gold sovereign iteration first introduced in 1817 by the Royal Mint.
It has been a symbol of British power and prestige ever since with the Royal Mint continually releasing coins, including their first ever silver sovereign as part of the 2025 collection.
Features of Gold Sovereign Coins
Gold sovereign coins typically feature the image of the reigning monarch on the front side and the iconic St. George and the Dragon design on the reverse of the coin
Price of Gold Sovereign Coins Explained
Many factors go into the pricing of gold sovereign coins. Here’s how to figure out how much they’re worth at any given time.
Factors Influencing Gold Prices
The following things influence the current market price of gold sovereign coins:
- Global economic conditions
- interest rates
- inflation
- geopolitical events
Tracking Current Gold Prices
To track the current prices of gold sovereign coins, monitor reputable financial websites and bullion dealer sites like Goldman Scraps. These sources provide live gold prices and market analysis.
Scrap Gold: What You Need to Know
If you have scrap gold, such as broken jewelry, you can also sell it for its metal content. The price of scrap gold is based on its purity and weight relative to the current market price of gold. You can contact us for a no-obligation quote.
Buying Gold Sovereign Coins
We also sell gold coins, including sovereign here at Goldman Scraps. Here is our quick guide for buying gold sovereign:
Benefits of Buying Gold Coins
Buying gold sovereign coins offers a great investment opportunity as they often hold their value and can appreciate over time. Gold is seen as a safe haven during economic uncertainty.
Where to Buy Gold Sovereign Coins in the UK
You can buy gold sovereign coins online from trusted bullion dealers like Goldman Scraps. Ensure the dealer provides secure, insured delivery and has positive customer reviews.
Best Practices for Purchasing Gold Coins
When purchasing gold coins:
- monitor the spot price and compare prices from different dealers to ensure you are getting a fair offer.
- Check the coin’s condition and authenticity.
- Buy from reputable sources like GS for guaranteed quality.
Buying Gold Bars, Coins and Investing in Other Precious Metals like Silver
Besides gold, do consider investing in other precious metals such as silver, platinum, and palladium to diversify your portfolio.
We also buy and sell silver.
Other Gold and Precious Metal Options
Your investment options aren’t limited to only gold coins. There are other types of bullion and gold that make for smart investments like gold bars.
Gold Bullion Bars vs. Coins
When investing in gold, different forms offer varying benefits. Bullion bars, crafted from pure precious metals, are typically a more cost-effective option when considering the price per gram of gold.
However, gold coins, such as sovereigns, can possess additional numismatic value.
| Form of Gold | Key Characteristics |
|---|---|
| Bullion Bars | Cheaper per gram of gold; made of pure precious metals. |
| Gold Coins (e.g., Sovereigns) | Potential for numismatic value beyond gold content. |