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November 25 2011

Commentary by Eoin Treacy

Email of the day (1)

on prices for British Pound prices for British Gold Sovereigns:

"Thank you for trying to chart Gold Sovereigns. Unfortunately the Coin Exchange are not supplying you with market prices for Bullion coins in UK. See http://www.bullionbypost.co.uk/gold-coins/ £274"

Eoin Treacy's view Thank you for this email which may be of interest to other subscribers. We receive our prices from Bloomberg. To create the chart of sovereigns in British Pounds I divided the price by the GBP/USD spot rate. This is currently approximately £240. When looking at the above website one has to factor in what their margin is on supplying the coins.

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